For its third fiscal quarter (ending September 30), Ally Financial Inc (NYSE: ALLY) has reported E.P.S. of $1.07 compared to $0.88 a year ago. For the latest four quarters through September 30, E.P.S. were $2.52 versus $3.67 for the same period a year ago.
Recent Price Action
On 10/18/24, Ally Financial Inc (NYSE: ALLY) stock declined by -2.3%, closing at $35.01. Moreover, this decline was accompanied by exceptionally high trading volume at 218% of normal. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ALLY is expected to continue to be an important Value Builder.
Ally Financial has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Ally Financial has a very high Appreciation Score of 95 but a neutral Power Rating of 44, and the Positive Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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