Ally Financial Inc [ALLY] stock is trading at $40.40, up 1.46%. An important factor to consider is whether the stock is rising or falling in short-term value. The ALLY shares have gain 4.18% over the last week, with a monthly amount glided 3.32%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Ally Financial Inc [NYSE: ALLY] stock has seen the most recent analyst activity on June 24, 2024, when Citigroup initiated its Buy rating and assigned the stock a price target of $50. Previously, BTIG Research started tracking the stock with Buy rating on June 07, 2024, and set its price target to $51. On April 09, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $46 on the stock. JP Morgan downgraded its rating to a Underweight and increased its price target to $39 on April 03, 2024. Morgan Stanley upgraded its rating to a Overweight and raised its price target to $47 on February 08, 2024. Deutsche Bank started tracking with a Buy rating for this stock on January 10, 2024, and assigned it a price target of $47. In a note dated January 10, 2024, BMO Capital Markets downgraded an Market Perform rating on this stock but restated the target price of $36.
Ally Financial Inc [ALLY] stock has fluctuated between $22.54 and $41.77 over the past year. Currently, Wall Street analysts expect the stock to reach $45.72 within the next 12 months. Ally Financial Inc [NYSE: ALLY] shares were valued at $40.40 at the most recent close of the market. An investor can expect a potential return of 13.17% based on the average ALLY price forecast.
Analyzing the ALLY fundamentals
Ally Financial Inc [NYSE:ALLY] reported sales of 16.21B for the trailing twelve months, which represents a growth of 9.67%. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.06 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.58.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 39.77 points at the first support level, and at 39.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 41.08, and for the 2nd resistance point, it is at 41.76.
Ratios To Look Out For
For context, Ally Financial Inc’s Current Ratio is 1.46. Considering the valuation of this stock, the price to sales ratio is 0.76, the price to book ratio is 1.08 and price to earnings (TTM) ratio is 16.51.
Transactions by insiders
Recent insider trading involved DEBRUNNER DAVID J, VP, CAO, Controller, that happened on Dec 29 ’23 when 3750.0 shares were sold. VP, CAO, Controller, DEBRUNNER DAVID J completed a deal on Dec 15 ’23 to sell 3750.0 shares. Meanwhile, VP, CAO, Controller DEBRUNNER DAVID J sold 7500.0 shares on Dec 14 ’23.
