Ally Financial AI Price Prediction

Financial Performance

Ally Financial's revenue in the last quarter was $2.2B, a decrease of -2.4% from the previous quarter and down by -45.5% year over year, indicating a challenging financial period for the company. The gross profit was $2.2B, an increase of 86% from the previous quarter but still down by -23.2% year over year. Their operating income profit fell to $0 down by -100%, both quarterly and annually which is concerning.

Stock Price

The stock price is currently at $32.33, declining by -5.1% in the last month and by -11.6% YoY basis which indicates bearish market sentiment towards Ally Financial's stock performance recently.The RSI value is at 40.44 suggesting that it could be nearing oversold territory while its 200-day moving average stands at $37.52.

Alternative Data Signals

The company’s web traffic has grown marginally on a YoY basis (0.7%) with more significant growth MoM (8%). The mobile app downloads have seen a massive surge both MoM (2518%) and YoY (2624%), indicating increased digital engagement with its customers or potential customers.The number of job openings has also increased significantly both MoM(12%) and YoY(36%), potentially indicating business expansion plans.Social media followers show mixed trends with Twitter followers decreasing (-3%), Facebook followers slightly decreasing (-0%) while Instagram followers increasing significantly (+38%). Employee sentiment seems positive with about 65% reporting positive business outlook.

Conclusion

In conclusion, despite some promising alternative data signals like increased web traffic, app downloads and job openings, Ally Financial's financial performance and stock price trends are concerning. The significant decline in revenue YoY, zero operating profit and declining stock prices suggest a bearish outlook for the company's stock.