News Bell: Ally Financial Inc. (NYSE:ALLY), The Home Depot, Inc. (NYSE:HD)

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 1.1% in value when last trading session closed at $19.23. The company has a market capitalization of $9.15 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 9.6 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 16 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 +19.60% increase from the last price of 19.23.

Financial History:

Following Earnings result, share price were UP 6 times out of last 12 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 1.83. 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 $0.51.

Revenue is expected to range from 1.34 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.

The Home Depot, Inc. (NYSE:HD):

The Home Depot, Inc. (NYSE:HD) belongs to Retail-Wholesale sector closed its last session with a gain of 0.17 percent and closed its previous trading session at $134.31. According to Finviz reported data, the stock currently has Earnings per Share (EPS) (ttm) of $6.18. The company has the Market capitalization of $164.86 Billion. The company’s stock has a Return on Assets (ROA) of 17.5 percent, a Return on Equity (ROE) of 123.3 percent and Return on Investment (ROI) of 28.2 percent. The company reached its 52-Week high of $139 on Aug 2, 2016 and 52-Week low of $109.62 on Feb 8, 2016.

The growth estimate for The Home Depot, Inc. (NYSE:HD) for the current quarter is 13.7 percent. The projected growth estimate for the next quarter is 11.8 percent. The company’s stock has grown by 22.85 percent in the past 5 years. For the next 5 years, the company is expected to grow by 13.66 percent.

This company was Downgrade by Piper Jaffray on 31-Oct-16 to Neutral.

The 26 analysts offering 12-month price forecasts for Home Depot have a median target of 148.50, with a high estimate of 163.00 and a low estimate of 121.00. The median estimate represents a +10.57% increase from the last price of 134.31.

Financial History:

Following Earnings result, share price were UP 18 times out of last 28 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 The Home Depot, Inc. (NYSE:HD) is 1.89. 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 1.84. In comparison, the consensus recommendation 60 days ago was at 1.74, and 90 days ago was at 1.78 respectively.

Future Expectations:

When the current quarter ends, Wall Street expects The Home Depot, Inc. to have earnings per share of $1.33.

Revenue is expected to range from 21.57 Billion to 21.97 Billion with an average of 21.73 Billion.

Company Profile:

Home Depot is the one of world’s largest home improvement retailer. The company offers a level of service unprecedented among warehouse-style retailers. Home Depot stores cater to do-it-yourselfers, as well as home improvement, construction and building maintenance professionals. The Home Depot currently operates in the USA, Canada, Chile, Puerto Rico, and Argentina.  The company also operates EXPO Design Centers across the U.S. and Villager’s Hardware in New Jersey.