ALLY stock: buy or sell?

ALLY stock price: $30.10 -3.71% At close on August 23rd, 2019

Updated on:
August 23rd, 2019

3

Ally Financial ended today at $30.10 and plunged a terrible -3.71%.

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?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Ally Financial stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean ALLY will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Ally Financial stock a buy?

Financial institutions and banks publish stock ratings everyday. At Stocks2.com, we gathered 7 ratings published for ALLY stock in the last 30 days.

The general sentiment of these ratings is bullish for ALLY stock, with 4 positive ratings.
Is ALLY a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-3Citigroupn/aBuy
2019-7-19Nomuran/aNeutral
2019-7-19BTIG Researchn/aBuy
2019-4-22Morgan StanleyEqual WeightEqual Weight
2019-2-26Sandler O'NeillHoldBuy
2019-1-24BTIG Researchn/an/a
2019-1-2BarclaysOverweightOverweight

ALLY stock analysis

Daily outlook

Ally Financial shares plunged -3.71% to $30.10 today.

Ally Financial plunged a terrible -3.71% and closed at $30.10. Since SMA100d and SMA200d crossed up on May, ALLY price climbed $0.54 per share (1.83%). In this session, Ally Financial stock crossed down the SMA100d line. If you are using SMA100d line as stop loss trigger, double check your position in this stock. On July/24, ALLY hit new all time highs, pushing higher previous ATH of $33.75 recorded on Jul/19. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

ALLY stock chart (daily)

Weekly outlook

Shares of Ally Financial decreased an awful -2.15% this week. For 4 weeks in a row, price slid and lost a -10.52%.

Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $34.05 resistance. Not so far away is the last price record Ally Financial marked late July. Late April, SMA20w and SMA40w crossed up triggering a rise of 2.35%. Since price and SMA40w lines crossed up late January, ALLY climbed $4.77 (18.83%).

ALLY stock chart (weekly)

ALLY stock price history

ALLY stock went public on January 28th, 2014 with a price of $24.201. Since then, ALLY stock grew a 24.40%, with an average of 4.90% per year. If you had invested $1,000 in ALLY stock in 2014, it would worth $244.00 today.

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

ALLY stock historical price chart

ALLY stock reached all-time highs on Jul 24th with a price of $34.05.

ALLY stock price target is $34.80

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' ALLY stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we found 5 price forecasts for ALLY stock:
ALLY stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
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%
2019-1-2BarclaysReiterates$35.00$34.00-2.9%
(in average)$32.80$34.806.0%
The price prediction for Ally Financial stock is $34.80, moving in a range between $39.00 and $32.00. In average, analysts' outlook on ALLY price forecast is positive, improving the forecast by a 6.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since last April, when Ally Financial published its last earnings report, it grew a slightly good 1.72%. As soon as we get its actual EPS from the earnings report, we will extend this review.
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 sales decreased a bad -3.20% to $6,662.00 million dollars from $6,882.00 marked in 2017. When comparing 2018 vs 2017, on the other hand, profit margin (that is, the net income divided by revenues) rose a 5.46% to 18.96%.

Ally Financial presents anual results in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Ally Financial TTM sales up to March 2019 were $6,866.00 and income $1,387.00 million USD. When comparing 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, grew a nice 3.06%. Regarding profit margin, Ally Financial gained 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 M in revenues for 2019-Q1, a 13.34% up compared to previous quarter. Reported quarter earnings marked $374.00 M with a profit margin of 20.28%. Profit margin raised a 2.46% compared to previous quarter when profit margin was 17.82%. When comparing sales to same quarter last year, Ally Financial sales marked an astounding increase and rocketed 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 shares of a company, it's worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Ally Financial, 0.67% of all outstanding shares are owned by its staff.

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$11.8 B$8.8 B$4.0 B$82.5 M$27.8 B
Total shares390.4 M18.8 M94.7 M22.5 M349.0 M
Float shares388.8 M9.3 M94.0 M12.4 M316.4 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

Friday, August 23rd, 2019
Open$31.05
Close$30.10
Day range$30.00 - $31.26
Previous close$31.26
Session gain-3.71%
Average true range$0.76
50d mov avg$31.34
100d mov avg$30.30
200d mov avg$27.73
Daily patternlt03a
Weekly pattern lb02a

Ally Financial performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Ally Financial, the benchmark is made against Credit Acceptance, , Consumer Portfolio Services, , Nicholas Financial, Regional Management and Santander Consumer USA.
Stock3m6m12m
ALLYAlly Financial2.80%12.90%13.16%
CACCCredit Acceptance-1.36%5.68%3.70%
CIT-15.24%-16.52%-20.96%
CPSSConsumer Portfoli...6.09%-9.18%1.95%
DFS4.17%12.69%4.05%
NICKNicholas Financia...10.64%-4.59%-15.08%
RMRegional Manageme...11.36%-3.24%-22.06%
SCSantander Consume...16.70%30.52%27.96%

Ally Financial competitors

We selected a few stocks to conform a list of Ally Financial competitors to check if you are interested in investing in ALLY:

Latest ALLY stock news