Ally Financial Inc (NYSE: ALLY) has reported E.P.S. of $0.42 for its first fiscal quarter (ending March 31) versus $0.96 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $2.45 versus $4.08 for the same period a year ago.
Recent Price Action
On 4/18/24, Ally Financial Inc (NYSE: ALLY) stock enjoyed a very large increase of 6.7%, closing at $38.71. Moreover, exceptionally high trading volume at 230% of normal accompanied the advance. The stock has risen 2.2% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
ALLY’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Ally Financial has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Ally Financial has a very high Power Rating of 88 and a very high Appreciation Score of 94, and the Highest Value Trend Rating results.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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