For its fourth fiscal quarter (ending December 31), Ally Financial Inc (NYSE: ALLY) has reported a -81% decline in E.P.S. from $0.83 a year ago to $0.16 in the current quarter. Relative to the consensus estimate of $0.46, this was a shortfall of $-0.30. E.P.S. were $3.00 for the latest four quarters through December 31 versus $5.07 for the same period a year ago — a decline of -41%.
Recent Price Action
On 1/19/24, Ally Financial Inc (NYSE: ALLY) stock enjoyed a major increase of 10.7%, closing at $35.57. Moreover, trading volume in this advance was exceptionally high at 281% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 4.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, ALLY is expected to continue to be a Value Builder.
Ally Financial has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Ally Financial has a good Power Rating of 77 and a very high Appreciation Score of 86, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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