Somewhat Favorable News Coverage Somewhat Unlikely to Impact Ally Financial (ALLY) Stock Price

News headlines about Ally Financial (NYSE:ALLY) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ally Financial earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 45.9913496578883 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the news articles that may have impacted Accern Sentiment’s analysis:

Shares of Ally Financial (ALLY) traded down $0.05 during trading hours on Thursday, reaching $29.22. The company had a trading volume of 3,577,800 shares, compared to its average volume of 4,278,921. Ally Financial has a 1 year low of $18.11 and a 1 year high of $29.50. The company has a market cap of $12,940.00, a P/E ratio of 13.59, a price-to-earnings-growth ratio of 1.29 and a beta of 1.45. The company has a debt-to-equity ratio of 3.32, a quick ratio of 1.21 and a current ratio of 1.21.

Ally Financial (NYSE:ALLY) last announced its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.65 EPS for the quarter, topping the Zacks’ consensus estimate of $0.57 by $0.08. Ally Financial had a return on equity of 7.72% and a net margin of 14.75%. The company had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter last year, the company earned $0.56 EPS. research analysts predict that Ally Financial will post 2.27 EPS for the current fiscal year.

Several research analysts recently weighed in on the company. Keefe, Bruyette & Woods reissued a “buy” rating and set a $35.00 price target on shares of Ally Financial in a research report on Friday, December 22nd. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $32.00 target price on shares of Ally Financial in a research report on Thursday, December 7th. Goldman Sachs Group initiated coverage on Ally Financial in a research report on Monday, December 4th. They issued a “buy” rating and a $32.00 target price on the stock. Wells Fargo & Co initiated coverage on Ally Financial in a research report on Friday, December 1st. They issued an “outperform” rating and a $30.00 target price on the stock. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $28.00 target price (up from $26.00) on shares of Ally Financial in a research report on Thursday, November 30th. One analyst has rated the stock with a sell rating, four have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $28.69.

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About Ally Financial

Ally Financial Inc is a digital financial services company. The Company is a bank and financial holding company. Its segments include Automotive Finance operations, Insurance operations, Mortgage Finance operations, Corporate Finance operations, and Corporate and Other. The Automotive Finance operations segment provides the United States-based automotive financing services to consumers and automotive dealers, and automotive and equipment financing services to companies and municipalities.

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