Ally Financial Inc. (NYSE:ALLY) registered a 7.26% increase, still its new closing price is 42.32% up from the company’s 1 year high of 20.60.It posted 9.26% gains in previous 5 sessions and is now the subject of 4 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 7 buy or better ratings. The 18 stock analysts following this company have an average price target at $25.22, with individual PT in the $21.00-$30.00 range. The shares moved at $21.12, implying that brokerage firms see shares gaining about 31.59% in twelve months time.
Ally Financial Inc. (ALLY) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 11.04% rise year to date. A Director at Ally Financial Inc. (ALLY) acquired shares in a transaction closed on Wednesday May 04, 2016. MAGNER MARJORIE bought 1,000 shares in the company at $16.72 each and collected $16,001 in proceeds. MAGNER MARJORIE now owns 21,218 shares in the company after this transaction. A CFO in the company, Halmy Christopher A, disclosed a transaction on Wednesday May 04, 2016 that ended up paying $101,000 from the purchase of 6,000 shares at $16.9 per share.
Ally Financial Inc. (NYSE:ALLY) Upcoming Results on Tap
Ally Financial Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.57 in that period. Sales during the quarter are predicted to arrive at $1.39 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.38 billion in revenue and EPS of $0.56. The mean forecast was for $1.37 billion and $0.59 a share, respectively. One quarter earlier, revenue for the stock was at $1.36 billion, with earnings at $0.54/share.
Ally Financial Inc. (ALLY) Brokerage Update
Ally Financial Inc. (ALLY) is in Wells Fargo’s research list so their analyst rating change is noteworthy. These shares were downgraded to Market Perform from Outperform by Wells Fargo, according to news reported on Wednesday April 27, 2016.Another important research note was issued by BofA/Merrill on Friday April 08, 2016.The firm downgraded ALLY to Neutral from Buy. Over the last six months and over the last three months, the shares of Ally Financial Inc. (ALLY), have changed 19.73% and 14.97%, respectively.