FMP
Jan 23, 2023 9:00 PM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
Ally Financial (NYSE:ALLY) shares gained more than 23% since the company’s reported Q4 results on Friday morning, with EPS of $1.08 coming in better than the Street estimate of $0.97. Revenue was $2.2 billion, beating the Street estimate of $2.06 billion.
Although normalization in retail auto credit and deposit pricing is accelerating and causes investor concerns, management expressed confidence that as these dynamics stabilize.
Management is optimistic that the margin can trough at approximately 3.50% in 2023, and with asset repricing tailwinds, can improve to 3.75%-4.00% in 2024.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...