Ally Financial Inc. (ALLY) hit his 1-Year Low price on 06/27/16
- Author: Zachary Reyes Jun 07, 2017,
Jun 07, 2017, 12:32
Four analysts have made estimates for Ally Financial's earnings, with the lowest EPS estimate coming in at $0.51 and the highest estimate coming in at $0.59.
According to Zacks, analysts expect that Ally Financial will report full-year earnings of $2.24 per share for the current year, with EPS estimates ranging from $2.20 to $2.27. The stock has "Overweight" rating by Barclays Capital on Monday, November 2. The financial services provider reported $0.48 EPS for the quarter, missing the Zacks' consensus estimate of $0.49 by $0.01. For the next fiscal year, analysts anticipate that the firm will post earnings of $2.58 per share, with EPS estimates ranging from $2.32 to $2.75. During the same period in the previous year, the firm posted $0.52 EPS.
Several analysts have recently weighed in on ALLY shares. As per Monday, January 23, the company rating was initiated by Susquehanna. Wood maintained the shares of ALLY in report on Friday, April 7 with "Buy" rating. Credit Suisse Group AG dropped their target price on Ally Financial from $27.00 to $26.00 and set an "outperform" rating for the company in a research report on Wednesday, March 22nd. Bank of America downgraded Ally Financial Inc (NYSE:ALLY) on Friday, April 8 to "Neutral" rating. Jacobs Levy Equity Management Inc acquired 256,785 shares as Ally Finl Inc (ALLY)'s stock declined 19.04%. They use historic price data to observe stock price patterns to predict the direction of that price going forward. The firm has "Buy" rating given on Wednesday, May 31 by BMO Capital Markets. The company presently has an average rating of "Buy" and a consensus target price of $24.71. Ejf Capital Llc bought 1.54 million shares as the company's stock declined 19.04% while stock markets rallied. If you are accessing this story on another publication, it was copied illegally and republished in violation of United States and worldwide copyright & trademark laws. The correct version of this story can be accessed at https://www.themarketsdaily.com/2017/06/06/zacks-brokerages-anticipate-ally-financial-inc-ally-will-announce-earnings-of-0-54-per-share-updated-updated-updated.html. (ALLY). These ratios are important while doing valuation of the company or the shares of the company.
The stock's 50 day moving average is 22.24 and its 200 day moving average is 20.68.Ally Financial has a 52-week low of 18.31 and a 52-week high of 23.10. The market capitalization of the company is at $8.81 Billion. Silvercrest Asset Mngmt Grp Ltd invested in 220,334 shares or 0.94% of the stock. Its up 0.03, from 1.14 in 2016Q3. The ex-dividend date was Thursday, April 27th. (ALLY) has the trading volume of 3.47 Million shares with the average trading volume of 4840 shares.
Other institutional investors have also recently added to or reduced their stakes in the company. FNY Partners Fund LP purchased a new position in shares of Ally Financial during the fourth quarter valued at approximately $167,000. Guggenheim initiated the shares of SPKE in report on Wednesday, February 1 with "Buy" rating. Creative Planning now owns 6,299 shares of the financial services provider's stock valued at $128,000 after buying an additional 8,509 shares during the period. As per Wednesday, September 16, the company rating was upgraded by BMO Capital Markets. Finally, Advantage Investment Management LLC boosted its stake in Ally Financial by 14.6% in the first quarter.
On the other hand the company has Relative Strength Index (RSI 14) of 46.75 along with Average True Range (ATR 14) of 0.44, Consequently Ally Financial (NYSE:ALLY)'s weekly and monthly volatility is 2.32%, 2.12% respectively.
Ally Financial (NYSE:ALLY)'s revenue estimates for the current quarter are $1.41 Billion according to 9 number of analysts, for the current quarter the company has high revenue estimates of $1.44 Billion in contradiction of low revenue estimates of $1.38 Billion.