Ally Financial Stock Analysis and Market Trends

Ally Financial has a strong presence in the banking industry, with a market capitalization of over $20 billion.

The company's revenue has consistently grown over the years, reaching $8.1 billion in 2020.

Ally Financial's stock has a beta of 1.34, indicating that it is more volatile than the overall market.

This volatility can be attributed to the company's focus on consumer lending and deposit-taking activities, which are sensitive to economic conditions.

Ally Financial's return on equity (ROE) has been steadily increasing, reaching 13.4% in 2020, indicating a strong ability to generate profits from shareholder equity.

Ally Financial's revenue took a hit in 2023, decreasing by 10.54% to $7.11 billion.

The company's earnings suffered an even bigger decline, plummeting by 43.27% to $910.00 million. This significant drop in earnings is a cause for concern.

Here are some key financial metrics for Ally Financial:

The company's financial performance has been impacted by rising credit costs, with delinquencies continuing to increase.

The Key Statistics section of Ally Financial's financial performance is quite telling. Ally Financial's revenue for the past 12 months is a substantial $8,947 million.

The company's earnings per share (EPS) for the same period is $2.5, which is a decent indicator of its profitability. With a beta of 1.26, Ally Financial's stock is considered a relatively high-risk investment.

One notable statistic is the company's 3-Year Sharpe Ratio, which is -0.01. This suggests that Ally Financial's stock has not provided a significant return in terms of risk-adjusted performance over the past three years.

Here are some key statistics at a glance:

The 14-Day RSI of 42.92 indicates that Ally Financial's stock is currently in a neutral position, not overbought or oversold.

The Liquidity Ratio is a crucial metric in assessing a company's financial health. It indicates the proportion of liquid assets to current liabilities.

A Liquidity Ratio of 1:1 or higher is generally considered healthy, as it shows that a company can easily cover its short-term debts with its liquid assets. The company in question has a Current Liquidity Ratio of 1.2, which is a good sign.

This is in line with the industry average, which is 1.1. In fact, 70% of the companies in the industry have a Liquidity Ratio above 1.0.

Compared to its historical performance, the company's Liquidity Ratio has improved significantly. In the past year, it has increased by 20%, indicating a better ability to manage its finances.

Ally Financial has scheduled the release of its third quarter financial results for Friday, October 18, 2024, at approximately 7:30 a.m. Eastern Time.

CEO Michael Rhodes warned of "choppy" quarters ahead, citing a decline in auto income.

The company's third quarter earnings presentation is expected to provide insight into its financial performance during this period.

In 2023, Ally Financial's revenue was $7.11 billion, a decrease of -10.54% compared to the previous year's $7.94 billion.

The 12-month stock price forecast for ALLY stock is $41.46, which is an increase of 15.65% from the latest price.

Ally Financial's earnings were $910.00 million in 2023, a decrease of -43.27% compared to the previous year.

Ally Financial's share price has seen its fair share of ups and downs over the past year.

The current share price is $35.85, which is a significant drop from the 52-week high of $45.46.

In the past 52 weeks, the share price has been as low as $31.78, showing a substantial range of fluctuations.

Ally Financial's beta is 1.43, which indicates that the stock is more volatile than the overall market.

Over the past year, the share price has experienced a 1-year change of 1.90%.

Here's a breakdown of the share price performance over different time periods:

The 1-month change is -7.70%, while the 3-month change is 2.08%.

The 52-week range is between $31.775 and $45.46.

Ally Financial's weekly volatility has been stable over the past year, averaging 4%.

As an Ally Financial investor, you'll want to know the basics about the company's stock. Ally Financial is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol ALLY.

Ally Financial's stock has a market capitalization of over $25 billion, making it a significant player in the financial services industry. Its shares are widely held by institutional investors, with a significant portion also held by individual investors.

In terms of ownership structure, Ally Financial's largest shareholders include The Vanguard Group, BlackRock, and State Street Global Advisors. These institutional investors hold a significant portion of the company's outstanding shares.