ALLY - Ally Financial Inc.
| Previous Close | 32.00 |
| Open | 32.06 |
| Bid | 31.88 x 1400 |
| Ask | 31.89 x 900 |
| Day's Range | 31.77 - 32.13 |
| 52 Week Range | 20.60 - 32.35 |
| Volume | 587,901 |
| Avg. Volume | 3,358,411 |
| Market Cap | 12.677B |
| Beta (3Y Monthly) | 1.29 |
| PE Ratio (TTM) | 9.66 |
| EPS (TTM) | 3.30 |
| Earnings Date | Jul 18, 2019 |
| Forward Dividend & Yield | 0.68 (2.13%) |
| Ex-Dividend Date | 2019-04-30 |
| 1y Target Est | 35.18 |
- InvestorPlace•23 hours ago
Are Bank Stocks a Buy on their Earnings Report?
Corporate earnings reports trickle in at all times of year. But there's a reason we talk about "earnings season" -- and that's because we tended to get flooded with most of the earnings reports around the same time.That time is now. And the impact on stocks will be real.This week we find out whether some very major companies met their targets…or fell short. The particulars will be overanalyzed on TV. And even before the report is released, all kinds of Wall Street "hotshots" will be placing their bets.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMost of what you'll hear on TV will be pure conjecture. I'm a numbers guy, so I prefer to deal in facts. So today, we'll be previewing some of the biggest names on the earnings calendar this week. Then if you own them -- or want to buy them -- or are looking to sell them…you can do so with the right information. * 7 Dependable Dividend Stocks to Buy You can do this yourself for the stocks you'd like to watch -- at earnings, or any other time -- by creating a watchlist in my Portfolio Grader. Because the big banks are up to the earnings bat first, starting with Citigroup (NYSE:C) first thing this morning, I'm going to use them as an example. Everyone on Wall Street will be watching these closely. You might own some of them in your stock portfolio -- and I can almost guarantee you've got some in your mutual funds.As for the dates: I keep an earnings calendar for my investing services, like Growth Investor, so subscribers can find out when our stocks will report. It also includes earnings estimates. But if you're not a subscriber, you can find some reporting information on sites like Nasdaq's Earnings Calendar.Once you've figured out which stocks to check, you can see how they stack up by plugging in their ticker symbols, just as I have above.Here's what we get on those big banks:Ten years ago, who'd have ever thought than an all-online bank, Ally Financial (NYSE:ALLY), would be a "Buy" -- while Wells Fargo (NYSE:WFC), one of the few banks to come out of the financial crisis a winner, is now a "Sell"?Well, a lot's happened since then.Let's dig into my Report Card on those two bank stocks in particular because there's some interesting things we'll discover.Here's how ALLY measures up:ALLY's earnings momentum -- in other words, how rapidly its earnings have been accelerating over the past four quarters -- leaves something to be desired at the moment, as does its cash flow. But ALLY has a lot going for it: It's got good operating margins; it's growing sales and earnings year-over-year, and it's delivering a good return on equity.Overall, ALLY stock's "B" rating makes it a "Buy" in my system.Then there's Wells Fargo…What WFC's Report Card basically tells us is that the stock is none too popular on Wall Street ahead of earnings. Analysts are lowering their expectations for the stock. And according to my Quantitative Grade -- my proprietary measure of money flow -- WFC stock is bleeding investor cash right now.Wells Fargo's fundamentals look okay. It's been growing sales, its operating margins looks good, and so does its cash flow. But there is clearly something the "smart money" doesn't like here. And that's a red flag going into its earnings report on Tuesday.If there's one thing I've learned in 40 years investing, it's to "follow the money." ALLY stock might not have earned a perfect Report Card -- but its Quant Grade of "B" indicates that major players are accumulating shares. Wells Fargo, which had comparable fundamentals overall, has a Quant Grade of "D." That indicates an outflow of investing cash. And ultimately, this momentum is a big determiner of whether your investment succeeds or fails. One Final Note Ahead of EarningsWhile Portfolio Grader is always full of valuable information, I have to admit -- I'm not too excited about the big banks.Remember, interest rates are still pretty low…and could be going lower soon! The Federal Reserve has not only stopped hiking rates, it is openly considering CUTTING them. While it's good news for those of us who want, say, a small business loan, it's detrimental to the banks. Cutting rates means cutting into their profits -- i.e., their "earnings."So, even if the banks post good numbers now, they might have to lower their profit forecasts. And that's a poor position to be in.On the flip side, I like tech stocks right now. And I'm excited about one investment in particular. It reminds me of the 1980s, when Intel (NASDAQ:INTC) was powering the PC revolution -- and investors just couldn't get enough of its stock.Those days are gone. But one little-known company is playing a similar role now. I've got a full presentation for you at this link.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dependable Dividend Stocks to Buy * 10 Stocks Driving the Market to All-Time Highs (And Why) * 7 Short Squeeze Stocks With Big Upside Potential The post Are Bank Stocks a Buy on their Earnings Report? appeared first on InvestorPlace.
- Simply Wall St.•3 days ago
Is Now The Time To Put Ally Financial (NYSE:ALLY) On Your Watchlist?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
- InvestorPlace•5 days ago
3 Dirt-Cheap Stocks to Buy for Their Massive Potential
With the S&P 500 entering its eleventh year since the great market meltdown of 2008, many stocks boast record high, triple-digit prices. But not all have been buoyed to the moon by the boom. For one reason or another, some companies maintain a cheap price tag. Today we will focus on finding stocks to buy in this frequently forgotten corner of the Street.Scanning stocks with a price range south of $40 reveals several themes. Some sit in out-of-favor sectors like mining and energy. Others carry toxic fundamentals and deteriorating earnings. Both areas will be sidestepped in favor of others.Today's selection of stocks to buy comprises companies that are dirt-cheap right now and also flashing buy signals. One is a recent IPO. Another is a down-on-its-luck momentum stock. And the third is a booming bank that just tagged record highs.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks to Buy for Less Than Book Let's take a closer look at these three cheap stocks to buy now. Yeti Holdings (YETI) Click to Enlarge Source: Thinkorswim Following its mid-January IPO, Yeti Holdings (NYSE:YETI) became a favorite stock for momentum traders. Its trending behavior was clean, and its large daily percentage moves offered plenty of profit potential. After getting a bit ahead of itself by rising 125% in three months, the stock swooned on an earnings announcement that failed to support such a rapid rise.After resetting with a 37% drop, however, buyers returned to bid YETI stock up anew. The gains since then have been glorious, and it now sits a stone's throw from the April peak. At $33, the price tag is low enough for traders seeking cheap stocks to buy now.In the short run, YETI is extended, so watch for a pullback or pause to materialize before piling in. Ally Financial (ALLY) Click to EnlargeThe second category of cheap stocks includes those that only recently went public. Since they missed the majority of the bull market they haven't had as much time to get pulled higher with everything else. Additionally, if the IPO price was set at a low cost, then traders instantly have another cheap stock to play with.Ally Financial (NYSE:ALLY) matches both criteria. After its 2014 IPO in the low $20 area, ALLY stock spent much of the next few years in a range. But recent strength has carried it to fresh record highs. Indeed, it's testing last week's all-time high as I type. * 7 Stocks to Buy for Monster Growth in the Second Half of 2019 This year's price action has been healthy with breakouts seeing strong follow through. The current high base could be setting another such upside thrust. While the looming earnings announcement is an X-factor, a pop above $31.70 should be viewed as a buying opportunity. Iqiyi (IQ) Click to Enlarge Source: ThinkorSwim Iqiyi (NASDAQ:IQ) is a Beijing-based online video platform. Following its public debut last year, IQ stock became a volatile beast experiencing massive moves higher and lower. The rally that kicked off 2019 quickly unwound into the summer, returning IQ to a lowly $16 price tag.But a recent upside breakout amid heavy volume suggests buyers may be wading back into the waters. And last week's pullback is providing a second chance to buy low for those believing a new uptrend could be in the cards. Given the messy nature of its longer-term trend, IQ is probably the most speculative idea of today's trio.Consider using support from last month at $17 as your stop loss.At the time of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Sell for an Economic Slowdown * 7 Marijuana Penny Stocks That I May Buy * 7 of The Best Schwab ETFs for Low Fees The post 3 Dirt-Cheap Stocks to Buy for Their Massive Potential appeared first on InvestorPlace.
- Zacks•5 days ago
Ally Financial (ALLY) Reports Next Week: Wall Street Expects Earnings Growth
Ally Financial (ALLY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- PR Newswire•5 days ago
Latest Ally Invest Survey: Volatile Markets Attract Millennial "Buyers"
Tariffs & Trade Viewed as Biggest Potential Market Disruptors for Second Half of 2019 CHARLOTTE, N.C. , July 11, 2019 /PRNewswire/ -- According to a new survey from Ally Invest, the majority of independent ...
- PR Newswire•7 days ago
Ally and NAMAD Recognize Emerging Auto Dealership Leader with the 'Ally Sees Her' Award
DETROIT, July 9, 2019 /PRNewswire/ -- Ally Financial and the National Association of Minority Automobile Dealers (NAMAD) have named Amber L. Martin of the Martin Management Group in Bowling Green, Ky. the second-ever recipient of the Ally Sees Her Award in recognition of her dedication to giving back to her community and her leadership in promoting the next generation of minority dealers. Martin will receive the award, inspired by the Association of National Advertisers #SeeHer campaign to elevate women in media and marketing, during NAMAD's 2019 Annual Membership Meeting in Miami on Thursday, July 11.
- Zacks•7 days ago
Should Value Investors Buy Ally Financial (ALLY) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Yahoo Finance•18 days ago
The whiff of a Fed rate cut lowers popular savings account rates
Some online savings accounts known for paying very high interest are pulling back on their generous offers.
- Motley Fool•18 days ago
Stock Market News: Jony Ive Leaves Apple; Savings Accounts See Rate Cuts
Stocks were modestly higher Friday morning.
- Zacks•18 days ago
Ally Financial (ALLY) Soars to 52-Week High, Time to Cash Out?
Ally Financial (ALLY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- Zacks•19 days ago
The Zacks Industry Rank Highlights: Encore, LexinFintech, Navient, Ally and Sallie Mae
The Zacks Industry Rank Highlights: Encore, LexinFintech, Navient, Ally and Sallie Mae
- American City Business Journals•25 days ago
Ally execs look back on the bank's 10-year history
Over the last decade, Ally Financial Inc. has grown into one of the nation's most popular digital-only options with 1.8 million retail deposit customers. Ally is also further solidifying its footprint in the Charlotte region.
- Moody's•25 days ago
DriveTime Auto Group -- Moody's affirms DriveTime's B3 ratings, revises outlook to stable
Moody's Investors Service ("Moody's") has affirmed the B3 Corporate Family Rating and Senior Secured Notes of DriveTime Auto Group ("DriveTime"). DriveTime's outlook was changed to stable from positive.
- Zacks•25 days ago
ALLY vs. CACC: Which Stock Should Value Investors Buy Now?
ALLY vs. CACC: Which Stock Is the Better Value Option?
- Zacks•25 days ago
Ally Financial (ALLY) Upgraded to Buy: Here's What You Should Know
Ally Financial (ALLY) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- Moody's•29 days ago
DriveTime Auto Group -- Moody's affirms DriveTime's B3 ratings, revises outlook to positive
Moody's Investors Service ("Moody's") has affirmed the B3 Corporate Family Rating and Senior Secured Notes of DriveTime Auto Group ("DriveTime"). Moody's has also assigned a B3 rating to the new Senior Secured Notes the company announced on June 17, 2019, which will be issued by DriveTime Automotive Group, Inc., Bridgecrest Acceptance Corporation and SilverRock Group Holdings, Inc., all operating companies to consolidated DriveTime.
- Simply Wall St.•last month
Is Ally Financial Inc.'s (NYSE:ALLY) CEO Being Overpaid?
Jeff Brown has been the CEO of Ally Financial Inc. (NYSE:ALLY) since 2015. This report will, first, examine the CEO...
- Thomson Reuters StreetEvents•last month
Edited Transcript of ALLY earnings conference call or presentation 25-Oct-18 1:00pm GMT
Q3 2018 Ally Financial Inc Earnings Call
- PR Newswire•last month
Ally Bank Survey Shows Recent Grads Give Themselves a 'C minus' in Personal Finance
SANDY, Utah, June 10, 2019 /PRNewswire/ -- Despite unprecedented access to financial literacy materials online and a plethora of budgeting and money apps, more than half of today's high school and college graduates barely pass personal finance, according to a study for Ally Bank (Ally), the customer-obsessed banking arm of Ally Financial, Inc. (ALLY). The study shows that 53% of 18- to 24-year-olds rate their knowledge of personal finance a C or lower. The report uncovers a variety of topics, including financial habits and behaviors, and how consumers grade themselves on their knowledge of personal finance.
- Markit•last month
See what the IHS Markit Score report has to say about Ally Financial Inc.
Ally Financial Inc NYSE:ALLYView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for ALLY with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting ALLY. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold ALLY had net inflows of $1.92 billion over the last one-month. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. ALLY credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Insider Monkey•last month
Did Hedge Funds Drop The Ball On Ally Financial Inc (ALLY) ?
Is Ally Financial Inc (NYSE:ALLY) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably, but their consensus stock picks […]
- Zacks•last month
4 Reasons to Add Ally Financial Stock to Your Portfolio Now
Given the strong fundamentals and impressive growth prospects, Ally Financial (ALLY) stock is worth considering.
