At the time of writing, Ally Financial Inc [ALLY] stock is trading at $44.16, up 0.39%. An important factor to consider is whether the stock is rising or falling in short-term value. The ALLY shares have gain 5.32% over the last week, with a monthly amount glided 11.54%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Ally Financial Inc [NYSE: ALLY] stock has seen the most recent analyst activity on July 08, 2024, when JP Morgan upgraded its rating to a Neutral and also boosted its price target to $45 from $39. Previously, Citigroup started tracking the stock with Buy rating on June 24, 2024, and set its price target to $50. On June 07, 2024, BTIG Research initiated with a Buy rating and assigned a price target of $51 on the stock. BofA Securities upgraded its rating to a Buy and increased its price target to $46 on April 09, 2024. JP Morgan downgraded its rating to a Underweight and raised its price target to $39 on April 03, 2024. Morgan Stanley upgraded its rating to Overweight for this stock on February 08, 2024, and upped its price target to $47. In a note dated January 10, 2024, Deutsche Bank initiated an Buy rating and provided a target price of $47 on this stock.
For the past year, the stock price of Ally Financial Inc fluctuated between $22.54 and $44.50. Currently, Wall Street analysts expect the stock to reach $46.06 within the next 12 months. Ally Financial Inc [NYSE: ALLY] shares were valued at $44.16 at the most recent close of the market. An investor can expect a potential return of 4.3% based on the average ALLY price forecast.
Analyzing the ALLY fundamentals
According to Ally Financial Inc [NYSE:ALLY], the company’s sales were 16.34B for trailing twelve months, which represents an 3.16% jump. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.07%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.38.
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 43.80 points at the first support level, and at 43.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 44.42, and for the 2nd resistance point, it is at 44.67.
Ratios To Look Out For
It is important to note that Ally Financial Inc [NYSE:ALLY] has a current ratio of 1.66. Considering the valuation of this stock, the price to sales ratio is 0.82, the price to book ratio is 1.17 and price to earnings (TTM) ratio is 19.05.
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.
