Form DEF 14A Ally Financial Inc. For: May 06

Go back to Form DEF 14A Ally Financial Inc. For: May 06

BTIG Downgrades Ally Financial (ALLY) to Sell, 'We Don't Believe Ally Hits NIM / ROE Targets Near-Term'

March 25, 2025 5:58 AM EDT

BTIG analyst Vincent Caintic downgraded Ally Financial (NYSE: ALLY) from Neutral to Sell with a price target of $30.00.

The analyst comments "We're expecting a guide-down in 1Q25 earnings, and we are 32% below consensus on 1Q25 EPS, primarily from interest income that is 3% below consensus and credit loss provisions that are 15% above consensus. We take our 2025E and 2026E EPS estimates down by 3% and 13%, respectively. We think heightened competition among banks for prime and superprime auto loans will drive lower... More