Ally Financial (ALLY) Upgraded to Buy: What Does It Mean for

Jul 22, 2024  · The upgrade of Ally Financial to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move …


20%
OFF

Ally Financial (ALLY) Upgraded To Buy: What Does It Mean For

2 weeks from now

Jul 22, 2024  · The upgrade of Ally Financial to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move …

nasdaq.com

5%
OFF

Ally Financial (ALLY) Upgraded To Strong Buy: Here's What You

2 weeks from now

Jan 5, 2021  · The upgrade of Ally Financial to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move …

nasdaq.com

$6
OFF

Ally Financial Upgraded To Buy At BofA On Steady Earnings Outlook

2 weeks from now

Apr 9, 2024  · BofA Securities upgraded Ally Financial (NYSE:ALLY) to Buy from Neutral as analyst Brandon Berman sees upside potential to management's $6 medium-term earnings …

seekingalpha.com

FAQs about Ally Financial (ALLY) Upgraded to Buy: What Does It Mean for Coupon?

Is Ally Financial a good stock to buy?

Ally Financial gets upgraded to a hold, from my prior sell rating, as the share price trades below its moving average and remains undervalued. Future revenue growth estimates are weak vs peers, and the bank has had a declining growth trend in consumer loans its major business. The firm's profit margin could be stronger in comparison vs peers. ...

Is ally a dividend payer?

For investors like myself who are interested in growing future dividend income as a portfolio strategy, the good news is that Ally is a dividend payer, however at the same time it has not grown its quarterly dividend past $0.30/share since Jan. 2022. ...

Does ally stock have a competitive edge?

Consider that US Bancorp is nearly 6%, and consumer-driven Capital One is above 6% fwd growth. This clearly does not give Ally a competitive edge among stocks like these. Beyond the top-line revenue drivers, next we will explore profitability drivers which could help or hurt future bottom-line results. ...

Will FED rate cuts affect ally's funding costs?

While the effect that rate cuts will have on Ally's ( ALLY) funding costs is widely understood, "we see limited risk to NII (net interest income) estimates if (the) Fed doesn't cut rates in '24," the analyst wrote in a note to clients. "In fact, we see the benefit from rate cuts as having a muted impact to NIM (net interest margin) in '24." ...

Is Ally's Financial Risk Outlook stable?

Secondly, the industry standard based on Basel requirements is a minimum 6% CET1, so data from Ally's own records show a CET1 consistently above 9%, several points above the regulatory minimum. When factoring in both of these, it appears to me that the financial risk outlook of this firm appears to be relatively stable. ...

Is ally outperforming the 2023 vintage?

At the same time, Ally ( ALLY) has started to reduce rates paid on deposits without a notable impact on balances. On the credit side, Berman said early indications show that the 2023 vintage is outperforming, due partly to its shift toward higher credit tiers, while loan modifications only account for 33 basis points of loans. ...

Install CouponFollow Extension on Chrome

Install the CouponFollow extension to search for discount codes when shopping the fastest!

Install CouponFollow Chrome Extension   Install CouponFollow Chrome Extension