Active Stocks in Review: Ally Financial Inc. (NYSE:ALLY), Red Hat, Inc. (NYSE:RHT)

Ally Financial Inc. (NYSE:ALLY)

The company announced its last quarter financial performance results on 10/26/2016. Ally Financial Inc. (NYSE:ALLY) belongs to Finance sector that surged 0.71% in value when last trading session closed at $19.85. The company has a market capitalization of $9.28 Billion. The company’s stock has a Return on Assets (ROA) of -0.1 percent, a Return on Equity (ROE) of -1.2 percent and Return on Investment (ROI) of 6 percent. The company reached its 52-Week high of $20.6 on Dec 9, 2016 and 52-Week low of $14.55 on Jan 20, 2016.

Earnings per share (ttm) for Ally Financial Inc. (NYSE:ALLY) according to Finviz Data is $-0.22.

The growth estimate for Ally Financial Inc. (NYSE:ALLY) for the current quarter is 1.9 percent. The projected growth estimate for the next quarter is 13.5 percent. The company’s stock has grown by 16.07 percent in the past 5 years. For the next 5 years, the company is expected to grow by 7.5 percent.

This company was Initiated by Macquarie on 11-May-16  to Neutral.

The 15 analysts offering 12-month price forecasts for Ally Financial Inc have a median target of 23.00, with a high estimate of 32.00 and a low estimate of 21.00. The median estimate represents a +15.87% increase from the last price of 19.85.

Financial History:

Following Earnings result, share price were UP 6 times out of last 11 Qtrs. In the last 27 earnings reports, the company has topped earnings-per-share estimates 63% percent of times. It has met expectations  1 times and missed earnings  2  times.

The consensus recommendation for Ally Financial Inc. (NYSE:ALLY) is 1.91. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. The consensus recommendation 30 days ago for this company stood at 1.73. In comparison, the consensus recommendation 60 days ago was at 1.6, and 90 days ago was at 1.67 respectively.

Future Expectations:

When the current quarter ends, Wall Street expects Ally Financial Inc. to have earnings per share of $0.53.

Revenue is expected to range from 1.36 Billion to 1.38 Billion with an average of 1.37 Billion.

Company Profile:

Ally Financial Inc. is an automotive financial services company. Its automotive services business offers a full suite of financing products and services, including new and used vehicle inventory and consumer financing, leasing, inventory insurance, commercial loans and vehicle remarketing services. The company, through its subsidiary, Ally Bank, offers savings and money market accounts, certificates of deposit, interest-bearing checking accounts, and individual retirement accounts; and online and mobile banking, electronic bill pay, remote deposits, electronic funds transfer, and ATM fee reimbursement services. Ally Financial Inc. is based in Detroit, Michigan.

Red Hat, Inc. (NYSE:RHT):

Red Hat, Inc. (NYSE:RHT) belongs to Computer and Technology sector closed its last session with a loss of -1.15 percent and closed its previous trading session at $70.19. According to Finviz reported data, the stock currently has Earnings per Share (EPS) (ttm) of $1.31. The company has the Market capitalization of $12.58 Billion. The company’s stock has a Return on Assets (ROA) of 5.9 percent, a Return on Equity (ROE) of 18.3 percent and Return on Investment (ROI) of 10.3 percent. The company reached its 52-Week high of $84.44 on Dec 30, 2015 and 52-Week low of $59.59 on Feb 8, 2016.

The growth estimate for Red Hat, Inc. (NYSE:RHT) for the current quarter is 17.3 percent. The projected growth estimate for the next quarter is 18 percent. The company’s stock has grown by 14.7 percent in the past 5 years. For the next 5 years, the company is expected to grow by 16.34 percent.

This company was Downgrade by Stifel on 22-Dec-16 to Hold.

The 29 analysts offering 12-month price forecasts for Red Hat Inc have a median target of 90.00, with a high estimate of 110.00 and a low estimate of 75.00. The median estimate represents a +28.22% increase from the last price of 70.19.

Financial History:

Following Earnings result, share price were UP 14 times out of last 26 Qtrs. In the last 27 earnings reports, the company has topped earnings-per-share estimates 100% percent of times. It has met expectations  0 times and missed earnings  0 times.

The consensus recommendation for Red Hat, Inc. (NYSE:RHT) is 1.53. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. The consensus recommendation 30 days ago for this company stood at 1.31. In comparison, the consensus recommendation 60 days ago was at 1.28, and 90 days ago was at 1.29 respectively.

Future Expectations:

When the current quarter ends, Wall Street expects Red Hat, Inc. to have earnings per share of $0.61.

Revenue is expected to range from 616 Million to 621.5 Million with an average of 618.75 Million.

Company Profile:

Red Hat Inc. is a leading developer and provider of open source software and services, including the Red Hat Linux operating system.  Unlike proprietary software, open source software has publicly available source code and can be copied, modified and distributed with minimal restrictions.  The web site, REDHAT.COM, is a leading online source of information and news about open source software and one of the largest online communities of open source software users and developers.