Stock repurchase plans are generally an indication that the company's management believes its stock is undervalued.Ally Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALLY. Neither Zacks Investment Research, Inc. nor its Information Providers can guarantee the accuracy, completeness, timeliness, or correct sequencing of any of the Information on the Web site, including, but not limited to Information originated by Zacks Investment Research, Inc, licensed by Zacks Investment Research, Inc. from Information Providers, or gathered by Zacks Investment Research, Inc. from publicly available sources. This payout ratio is at a healthy, sustainable level, below 75%.92.90% of the stock of Ally Financial is held by institutions.
ALLY stock was bought by a variety of institutional investors in the last quarter, including Magnolia Group LLC, Wedge Capital Management L L P NC, Scout Investments Inc., First Trust Advisors LP, Assenagon Asset Management S.A., Oregon Public Employees Retirement Fund, Three Peaks Capital Management LLC, and Raymond James Financial Services Advisors Inc.. Company insiders that have bought Ally Financial stock … View our full suite of financial calendars and market data tables, all for free. See the bull and bear case on ALLY.. Start Your Free Trial High institutional ownership can be a signal of strong market trust in this company.According to analysts' consensus price target of $27.16, Ally Financial has a potential upside of 34.0% from its current price of $20.26.The P/E ratio of Ally Financial is 11.58, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.78.Ally Financial has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Ally Financial has received 53.45% “outperform” votes from our community.Identify stocks that meet your criteria using seven unique stock screeners.
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If levels hold / accumulate at current - there is a large gap up at around $17.83 that *could* trade.Good luck.$ALLY Upside trade to $36 and then a breakout...Financials doing well in the market and environment of low interest rates...$30 has proven to be a strong daily support for ALLY in past 6 monthsALLY remains undervalued and oversold at the $30 levelI don't love banking stocks right now because they have so much bad debt on the books, but Ally Financial looks good for at least a short-to-mid-term play. Bank Stocks Tumble as Markets React to Fed Rate Decision. Learn about financial terms, types of investments, trading strategies and more.Please log in to your account or sign up in order to add this asset to your watchlist.View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.NYSE and AMEX data is at least 20 minutes delayed. Ally Financial Inc. analyst estimates by MarketWatch. Plus, ALLY info will be updated daily in your Zacks.com Portfolio Tracker . Ally Financial employs 8,700 workers across the globe.Only 0.36% of the stock of Ally Financial is held by insiders.The P/E ratio of Ally Financial is 11.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.32.Ally Financial has only been increasing its dividend for 3 years.Ally Financial pays a meaningful dividend of 3.65%, higher than the bottom 25% of all stocks that pay dividends.Ally Financial has received a consensus rating of Buy.
Overview of the Ally Bank Stock. The sector with the worst average Zacks Rank (16 out of 16) would place in the bottom 1%.This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. Jun 11, 2020 2:08 PM EDT.