ALLY stock: buy or sell?

ALLY stock price: $30.74 0.20% At close on November 19th, 2019

Updated on:
November 19th, 2019

3

Ally Financial shares remained stable 0.20% to $30.74 today.

Ally Financial Inc. provides various financial products and services for consumers, businesses, automotive dealers, and corporate clients in the United States and Canada.

Should I buy ALLY stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Ally Financial stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Ally Financial stock a buy?

Banks and financial institutions publish stock ratings everyday. At Stocks2.com, we detected 8 ratings published for ALLY stock in the last 30 days.

The general sentiment of these ratings is bullish for ALLY stock, with 5 positive ratings.
Is ALLY a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-9StephensEqualWeight
2019-9-9Citigroupn/aBuy
2019-9-12Barclaysn/aOverweight
2019-7-3Citigroupn/aBuy
2019-7-19Nomuran/aNeutral
2019-7-19BTIG Researchn/aBuy
2019-4-22Morgan StanleyEqual WeightEqual Weight
2019-2-26Sandler O'NeillHoldBuy

ALLY stock analysis

Daily outlook

Shares of Ally Financial remained constant a tight 0.20% and closed at $30.74.

Shares of Ally Financial ended today at $30.74 and remained constant a tight 0.20%. Since price and SMA100d lines crossed down on November 8th, ALLY fell $-1.06 per share (-3.33%). On September, ALLY hit new all time highs, pushing higher previous ATH of $35.20 recorded on September. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

ALLY stock chart (daily)

Weekly outlook

Ally Financial stayed stable a bad -0.42% this week. Late September ALLY plummed a scary -5.50% in just one week.

Having descending tops is not good news for traders invested in Ally Financial. Although it's only a warning signal, traders should be on alert during next weeks to identify possible new signals. Loosing its previous bottom at would confirm the downtrend path. Not so far away is the last price record Ally Financial marked early September. Since late April when SMA20w and SMA40w crossed up, ALLY price gained $1.49 per share (5.09%). Since price and SMA40w lines crossed up late January, ALLY climbed $5.55 (22.03%).

ALLY stock chart (weekly)

ALLY stock price history

ALLY IPO was on January 28th, 2014 at $24.07 per share1. Since then, ALLY stock surged a 27.70%, with an average of 5.50% per year. If you had invested right after ALLY's IPO a $1,000 in ALLY stock in 2014, it would worth $277.00 today.

1: Adjusted price after possible price splits or reverse-splits.

ALLY stock historical price chart

ALLY stock reached all-time highs on September with a price of $35.23.

ALLY stock price target is $37.60

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We found 7 price forecasts for ALLY stock published in the last month:
ALLY stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-9StephensUpgrades$37.00$44.0018.9%
2019-9-9CitigroupRaises Target$37.00$39.005.4%
2019-9-12BarclaysRaises Target$37.00$40.008.1%
2019-7-3CitigroupLowers Target$37.00$35.00-5.4%
2019-7-19NomuraRaises Target$29.00$34.0017.2%
2019-7-19BTIG ResearchRaises Targetn/a$39.00-
2019-4-22Morgan StanleyRaises Target$30.00$32.006.7%
(in average)$34.50$37.609.0%
Moving in a range from $44.00 and $32.00, the price forecast for Ally Financial stock is $37.60. In average, analysts' outlook on ALLY price target is positive, upgrading the target by a 9.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since April, when Ally Financial posted its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
ALLY earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/an/an/a
2017-Q32017-10-250.590.6510.2%
2017-Q42018-01-300.620.712.9%
2018-Q12018-04-260.660.683.0%
2018-Q22018-07-260.710.8316.9%
2018-Q32018-10-250.80.9113.8%
2018-Q42019-01-300.820.9212.2%
2019-Q12019-04-240.79n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Ally Financial annual revenues declined an ugly -3.20% to $6,662.00 million dollars from $6,882.00 marked in 2017. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) rose a 5.46% to 18.96%.

To have an updated view of the financial situation of Ally Financial, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Ally Financial TTM sales up to March 2019 were $6,866.00 and earnings were $1,387.00 million dollars. If we compare this TTM figures with the last reported annuality, we can review Ally Financial business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, gained a nice 3.06%. Regarding profit margin, Ally Financial raised 1.24% to 18.96%

ALLY annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$10,170 M-$176 M1.7%-
2014$6,999 M-31.18%$1,150 M16.4%553.41%
2015$7,336 M4.81%$1,289 M17.6%12.09%
2016$7,099 M-3.23%$1,067 M15.0%-17.22%
2017$6,882 M-3.06%$929 M13.5%-12.93%
2018$6,662 M-3.20%$1,263 M19.0%35.95%
TTM $6,866 M3.06%$1,387 M20.2%9.82%

Quarterly financial results

Ally Financial reported $1,844.00 million in sales for 2019-Q1, a 13.34% improvement compared to previous quarter. Reported quarter income marked $374.00 million with a profit margin of 20.28%. Profit margin appreciated a 2.46% compared to previous quarter when profit margin was 17.82%. When comparing turnover to same quarter last year, Ally Financial sales marked an extraordinary gain and skyrocketed a 12.44%.
ALLY quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$2,500 M-$254 M10.2%-
2017-Q3$2,520 M0.80%$280 M11.1%10.24%
2017-Q4$1,709 M-32.18%$181 M10.6%-35.36%
2018-Q1$1,640 M-4.04%$250 M15.2%38.12%
2018-Q2$1,681 M2.50%$349 M20.8%39.60%
2018-Q3$1,714 M1.96%$374 M21.8%7.16%
2018-Q4$1,627 M-5.08%$290 M17.8%-22.46%
2019-Q1$1,844 M13.34%$374 M20.3%28.97%

Ally Financial ownership

When you are planning to invest in a stock, it's worth to review its ownership structure.

Ally Financial shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.67% of all shares.

Bearish positions for ALLY stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Ally Financial:

ALLYCACCCITCPSSDFS
Market cap$11.7 B$8.1 B$4.2 B$76.6 M$26.4 B
Total shares380.1 M18.8 M94.7 M22.5 M313.5 M
Float shares378.4 M10.0 M94.1 M14.4 M311.2 M
  - Institutional holdings (%)103.6%64.8%8.0%59.7%0.0%
  - Insider holdings (%)0.7%30.3%34.2%21.4%16.8%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

ALLY summary

Tuesday, November 19th, 2019
Open$30.73
Close$30.74
Day range$30.51 - $30.95
Previous close$30.68
Session gain0.20%
Average true range$0.59
50d mov avg$31.89
100d mov avg$31.77
200d mov avg$29.93
Daily pattern
Weekly pattern lt01a

Ally Financial performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Ally Financial, the comparison is made against Credit Acceptance, , Consumer Portfolio Services, , Nicholas Financial, Regional Management and Santander Consumer USA.
Stock3m6m12m
ALLYAlly Financial2.67%5.56%26.24%
CACCCredit Acceptance-4.95%-8.98%7.03%
CIT9.15%-9.92%3.51%
CPSSConsumer Portfoli...-6.59%-1.45%-12.37%
DFS9.63%10.03%24.83%
NICKNicholas Financia...8.75%8.00%-18.74%
RMRegional Manageme...24.40%34.26%18.48%
SCSantander Consume...-5.82%7.21%31.64%

Ally Financial competitors

One check before trading any stock is to review a list of its competitors, in this case for Ally Financial. We picked 7 companies as Ally Financial competitors as they are in the same industry or have similar market objectives.

Latest ALLY stock news