A share price of Ally Financial Inc [ALLY] is currently trading at $34.96, up 2.67%. An important factor to consider is whether the stock is rising or falling in short-term value. The ALLY shares have gain 6.42% over the last week, with a monthly amount drifted -16.84%, and not 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 September 16, 2024, when BTIG Research downgraded its rating to a Neutral. Previously, JP Morgan upgraded its rating to Neutral on July 08, 2024, and elevated its price target to $45. On June 24, 2024, Citigroup initiated with a Buy rating and assigned a price target of $50 on the stock. BTIG Research started tracking the stock assigning a Buy rating and suggested a price target of $51 on June 07, 2024. BofA Securities upgraded its rating to a Buy and raised its price target to $46 on April 09, 2024. JP Morgan downgraded its rating to Underweight for this stock on April 03, 2024, and upped its price target to $39. In a note dated February 08, 2024, Morgan Stanley upgraded an Overweight rating on this stock and boosted its target price from $37 to $47.
Ally Financial Inc experienced fluctuations in its stock price throughout the past year between $22.54 and $45.46. Currently, Wall Street analysts expect the stock to reach $47.21 within the next 12 months. Ally Financial Inc [NYSE: ALLY] shares were valued at $34.96 at the most recent close of the market. An investor can expect a potential return of 35.04% based on the average ALLY price forecast.
Analyzing the ALLY fundamentals
Trailing Twelve Months sales for Ally Financial Inc [NYSE:ALLY] were 16.37B which represents 3.98% growth. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at 0.06%, 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 34.36 points at the first support level, and at 33.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 35.39, and for the 2nd resistance point, it is at 35.82.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ally Financial Inc [NYSE:ALLY] is 0.93. Considering the valuation of this stock, the price to sales ratio is 0.65, the price to book ratio is 0.92 and price to earnings (TTM) ratio is 15.09.
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 14 ’23 to sell 7500.0 shares. Meanwhile, VP, CAO, Controller DEBRUNNER DAVID J sold 3750.0 shares on Dec 15 ’23.
