Ally Financial (ALLY) Receiving Positive News Coverage, Analysis Shows
Press coverage about Ally Financial (NYSE:ALLY) has trended positive on Monday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ally Financial earned a news sentiment score of 0.28 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 40 out of 100, meaning that recent press coverage is unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- This stock is Likely to be considered less risky ?: Ally Financial Inc. (ALLY) – Street Observer (press release) (streetobserver.com)
- Ally Financial (ALLY) & LendingTree (TREE) Financial Comparison (americanbankingnews.com)
- Ally Financial Inc. (NYSE:ALLY) Trading Volume Significantly Lower (latribunadecanarias.com)
- Ally Financial Inc. (ALLY) Trend of Beating EPS and Revenue Estimates (campdesrecrues.com)
- Will the U.S. Stock Market Go Into a Correction? (finance.yahoo.com)
Ally Financial (NYSE:ALLY) opened at 21.46 on Monday. The stock’s 50 day moving average is $19.50 and its 200 day moving average is $20.35. The company has a market cap of $10.30 billion, a price-to-earnings ratio of 10.09 and a beta of 1.38. Ally Financial has a 52-week low of $16.68 and a 52-week high of $23.62.
Ally Financial (NYSE:ALLY) last announced its quarterly earnings data on Thursday, April 27th. The financial services provider reported $0.48 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.49 by $0.01. The firm had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.39 billion. Ally Financial had a return on equity of 7.63% and a net margin of 15.68%. During the same period in the prior year, the firm posted $0.52 earnings per share. Equities research analysts forecast that Ally Financial will post $2.26 earnings per share for the current year.
A number of analysts recently weighed in on ALLY shares. BidaskClub raised shares of Ally Financial from a “strong sell” rating to a “sell” rating in a report on Wednesday, June 14th. TheStreet cut shares of Ally Financial from a “b-” rating to a “c” rating in a research note on Friday, March 24th. Credit Suisse Group lowered their target price on shares of Ally Financial from $27.00 to $26.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 22nd. BTIG Research reissued a “buy” rating and set a $30.00 target price on shares of Ally Financial in a research note on Saturday, April 22nd. Finally, BMO Capital Markets reissued a “buy” rating and set a $26.00 target price on shares of Ally Financial in a research note on Tuesday, April 25th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $24.77.
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Ally Financial Company Profile
Ally Financial Inc is a digital financial services company. The Company is a bank and financial holding company. Its segments include Automotive Finance operations, Insurance operations, Mortgage Finance operations, Corporate Finance operations, and Corporate and Other. The Automotive Finance operations segment provides the United States-based automotive financing services to consumers and automotive dealers, and automotive and equipment financing services to companies and municipalities.
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