At the time of writing, Ally Financial Inc [ALLY] stock is trading at $39.42, up 1.13%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ALLY shares have gain 10.82% over the last week, with a monthly amount glided 12.24%, 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 October 21, 2024, when Raymond James upgraded its rating to a Mkt Perform. Previously, JP Morgan upgraded its rating to Overweight on October 07, 2024, and dropped its price target to $40. On September 16, 2024, downgrade downgraded it’s rating to Neutral. JP Morgan upgraded its rating to a Neutral and increased its price target to $45 on July 08, 2024. Citigroup initiated its recommendation with a Buy and recommended $50 as its price target on June 24, 2024. BTIG Research started tracking with a Buy rating for this stock on June 07, 2024, and assigned it a price target of $51. In a note dated April 09, 2024, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $42 to $46.
For the past year, the stock price of Ally Financial Inc fluctuated between $26.50 and $45.46. Currently, Wall Street analysts expect the stock to reach $45.47 within the next 12 months. Ally Financial Inc [NYSE: ALLY] shares were valued at $39.42 at the most recent close of the market. An investor can expect a potential return of 15.35% based on the average ALLY price forecast.
Analyzing the ALLY fundamentals
According to Ally Financial Inc [NYSE:ALLY], the company’s sales were 16.42B for trailing twelve months, which represents an 1.23% jump. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at 0.07%, 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.26.
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 38.75 points at the first support level, and at 38.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.76, and for the 2nd resistance point, it is at 40.11.
Ratios To Look Out For
It is important to note that Ally Financial Inc [NYSE:ALLY] has a current ratio of 1.28. Considering the valuation of this stock, the price to sales ratio is 0.73, the price to book ratio is 0.97 and price to earnings (TTM) ratio is 15.78.
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.
