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Synchrony's Strategic Move to Acquire Ally's Point-of-Sale In a significant development in the financial sector, Synchrony (NYSE: NYSE:SYF ) and Ally Financial Inc. (NYSE: NYSE:ALLY ) have recently inked a definitive agreement for Synchrony to acquire NYSE:ALLY 's point-of-sale financing business, encompassing $2.2 billion in loan receivables. The move is poised to reshape the landscape of home improvement and healthcare financing, creating a powerhouse in the industry. This article delves into the intricacies of the deal, exploring its strategic implications, potential benefits, and the market's response. Strategic Fit and Industry Differentiation: The acquisition marks a strategic fit for Synchrony, propelling it into a position of strength by offering both revolving credit and installment loans at the point-of-sale in the home improvement vertical. This innovative approach sets Synchrony apart, providing a comprehensive suite of financing solutions for nearly 2,500 NYSE:ALLY Lending merchant locations. The deal also extends Synchrony's reach into high-growth specialty areas, including roofing, HVAC, and windows, further solidifying its position as a key player in these markets. Economic Efficiency and Diversification: Synchrony President and CEO Brian Doubles emphasizes the acquisition's potential to unlock value and operational efficiency by integrating products and teams. The expansion into Ally Lending's merchant base is expected to achieve attractive economies of scale, diversifying Synchrony's merchant portfolio. This move positions Synchrony to capitalize on growth opportunities in the home improvement and healthcare sectors, broadening its scope and bolstering its position as a financial services leader. Financial Impact and Investor Sentiment: Both Synchrony and Ally Financial executives express confidence in the financial impact of the deal. NYSE:ALLY anticipates an increase in its Common Equity Tier 1 (CET1) ratio by approximately 15 basis points upon closing, while Synchrony expects the acquisition to be accretive to full-year 2024 earnings per share. The positive outlook is reflected in the market, with NYSE:ALLY stock trading near the top of its 52-week range and above its 200-day simple moving average. Investors' enthusiasm and the stock's upward momentum signal confidence in the potential for value creation and enhanced returns. Smooth Transition and Future Prospects: Synchrony and NYSE:ALLY commit to working collaboratively to ensure a seamless transition for merchants, customers, and employees. The transaction is set to close in the first quarter of 2024, subject to customary closing conditions. As the financial landscape evolves, Synchrony's acquisition of Ally's point-of-sale financing business positions the company for sustained growth, establishing a strong foundation for success in the dynamic and competitive market. Conclusion: Synchrony's strategic move to acquire Ally's point-of-sale financing business represents a bold step towards industry leadership and innovation. The comprehensive suite of financing solutions, coupled with the anticipated economic efficiency and diversification, underscores the potential for long-term value creation. As the financial sector witnesses transformative changes, Synchrony's strategic foresight positions the company as a frontrunner in shaping the future of home improvement and healthcare financing. Investors, industry stakeholders, and market observers eagerly await further details during Synchrony's fourth-quarter 2023 earnings conference call on January 23, 2024, where additional insights into the acquisition's nuances are expected to be unveiled.
NYSE:ALLYLong
by DEXWireNews
💳💹 Ally Financial (ALLY): Financial Outlook 📈📊 Fed's Influence: Ally Financial (ALLY) positioned to benefit from the Federal Reserve's indication of multiple interest rate cuts in the latter half of 2024. This shift is expected to drive higher loan demand and boost net interest income. 💵 Interest Rate Dynamics: Lower rates to depositors anticipated, stimulating increased borrowing. 🔍 Strategic Moves: ALLY's focus on share buybacks in the last five years, reducing outstanding shares significantly. Positive impact on earnings per share. 📈 Market Projections: Bullish outlook suggests support levels above $30.00-$31.00. Anticipated upside target in the range of $48.00-$50.00. Exciting prospects for ALLY in the evolving financial landscape! 💻🌐 #AllyFinancial #FinancialOutlook #StockMarket 📰📊
NYSE:ALLYLong
by Richtv_official
2
ALLY FINANCIAL Stock Chart Fibonacci Analysis 070423 Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 26.5/61.80% Chart time frame : B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : A A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
NYSE:ALLY
by fibonacci6180
Buffett went big on $ALLY- Here's whyWhy has Buffett invested in ALLY? Having invested $1.7B since 2012 in the industry giant, General Motors, you could say Buffet is an expert on the auto industry. Which helps explain why Buffett took an interest in Ally. This fintech company offers multiple services but specializes in the auto loan industry since it once was a financing division of GM, originally known as GMAC. After GM sold the rest of its 8.5% stake in Ally for $900M in 2013, Ally has expanded its market by offering mortgages, credit cards, wealth management, & other services. Another reason Buffett is investing in ALLY could be its history of share buybacks. Buffett is a big believer in stock buybacks and has said they can be the best use of corporate capital. ALLY also offers quarterly dividends to shareholders, which is a sign of the company’s fundamental strength. How does ALLY compare to SoFi? The main difference is the source of Ally’s revenue. 65.6% of Ally’s total revenue in 2022 came from the auto finance industry, while SoFi’s edge is student loan refinancing. In 2019, SoFi generated 59.7% of its revenue from student loans. But it’s worth noting that it can be quite difficult to qualify for student loan refinancing if you have a bad credit score whereas it’s a bit easier for people to get auto loans. How are Ally & SoFi similar? Ally & SoFi both offer commission free stock trading for investors with a high APY as well. Ally’s savings account offers 3.60% APY and SoFi offers 3.75% APY with a direct deposit. This means that with a direct deposit, you’ll earn a higher APY with SoFi, but without one, you’d earn a higher APY with Ally. Both companies offer multiple services such as mortgage loans, credit cards, insurance, etc. and are online banks with no physical locations. Given their different niches, it makes sense that Ally’s customers tend to be millennials while SoFi’s customers tend to be students or fresh graduates. Conclusion: So in conclusion, I think SOFI is in a fairly safe spot as long as the Supreme Court gives a favorable ruling. Since Nu Holdings operates in Latin America it won’t compete with SoFi for market share. Ally & SoFi also have different specializations but Ally is a more established FinTech company which could take customers from SoFi. Still, SOFI’s goal is to become a one stop shop for all financial services and it has diversified its services extensively over the years which could give it an edge in this industry. Personally, I believe SOFI will be able to grow its customer base better than ALLY because it appeals directly to young adults heading into college. If these customers have a good experience, then SOFI can become their go-to financial service provider for the rest of their life. On this note, the FinTech industry is on track for major growth especially since Covid-19 acted as a catalyst for the industry - leading to wider adoption at a time when contactless payments were becoming essential. Besides this, the FinTech industry will likely continue to grow just out of sheer practicality. For one thing, Fintech cuts down servicing costs like maintaining physical branches while still providing a very high value service. As more and more transactions move online, the digital revolution continues to work in the industry’s favor and the widespread adoption of smartphones means that our phones will increasingly act as wallets. So it's not surprising that the use of Fintech companies increased 88% from 2020 to 2021. $ALLY Technical Analysis: ALLY was in a downward channel all of 2022 but it broke out at the start of 2023 - testing the $34 resistance after earnings. Since then the trend has reversed and is now bearish. The stock touched its $21.91 support mostly due to market turmoil rather than fundamentals. I’m expecting ALLY to break out of this channel like it did at the start of this year when it approached the $34 support. The stock recently tested what was once the upper trendline and bounced off of it which is a bullish sign. Personally, I think that these banking fears will dissipate now that the government has stepped in - as illustrated by the XLF closing green on Monday. Looking at the daily timeframe, ALLY is oversold with the RSI at 30 so I am expecting a bounce over the next few weeks. Long-term, I think ALLY will trade in a sideways channel between the $23.80 support and $34 resistance until a strong catalyst is able to break it out. But for now, I’ll take a swing here with a stop loss at $23 and my take profits at $27.05 and the 50MA.
NYSE:ALLYLong
by Penny_Stocks_Today
An undervalued stock favoured by WBOne follower asked for a chart on this stock. Here it is ! Putting the fundamentals aside, looking at the chart, we can see that it has now reached a resistance turned support level at 30.10. If within the next few weeks, we do not see a rally from this level, then we can expect the price to continue head south towards 23.67. Despite the increasing interest rates hike by FED, the legendary investor , Warren Buffett must have lots of confidence on the US economy in order to increase his stake on this digital bank. From Price to earning or price to book value, this stock is undervalued plus the rising interest rates will help it to collect more money from its loan businesses. Of course, in times like this, the default rates can also goes up as well. Please DYODD
NYSE:ALLYLong
by dchua1969
Ally Financial (A HAPPY NEW YEAR :) )Ally Financial Inc, a digital financial services company, offers various digital financial products and services to individual, commercial and corporate customers primarily in the United States and Canada. It operates through four segments: auto finance transactions, insurance transactions, mortgage finance transactions and corporate finance transactions. Technical: Looking at the 1M chart, we observe a very common oversold pattern. Fundamental: 26% growth over the last 5 years, with free cash flow of $2B. Obviously due to economic uncertainty many companies are undervalued, intrinsic value is $60 with a 100%+ margin of safety. obviously if the fed raises the interest rate and inflation is not controlled the stock may stagnate a little, it is advisable to leave this stock at least until January next year where we will see the results and the best thing is that the company pays a dividend of 4% per share which is not bad at all. I WILL GIVE MORE DETAILS IN A FEW WEEKS, I HAVE NOT YET FINISHED READING THE LAST ANNUAL REPORT.
NYSE:ALLYLong
by lnxcapital
ALLY Wave 4 Completed?Hello everyone, I wanted to share with you all what I'm seeing with ally. I believe Ally has completed a flat wave 4 correction. I have outlined 2 pink lines, one will invalidate the flat correction thesis and the other will validated. In other words if Ally breaks and closes below $44 the pattern will be invalidated and a larger correction will probably be in play ; on the other hand if ally breaks and closes above $49 the pattern will be valid and longs should be considered. I hope this helps some of you. I'm not a financial advisor, I'm only sharing what I'm doing. Good luck everyone!
NYSE:ALLY
by FreedomBuilder
A Prime OpportunityAlly Bank is a high quality bank with a stable price, reasonable valuation, and no upcoming catalysts in the next 30 days. Due to it's channeling price action, selling the OCT 15 48/55 short strangles, which have a breakeven of 46.48 and 56.52, seems like a free money trade. Earnings are on the 27th. Alternatively, you could sell some 2:1 put ratios for a higher credit and more protection should the stock move higher into earnings. Either way though, the R:R here seems highly attractive & could present a nice little $150-$200 win per contract.
NYSE:ALLY
by PropNotes
1