A share price of Ally Financial Inc [ALLY] is currently trading at $39.98, up 1.24%. An important factor to consider is whether the stock is rising or falling in short-term value. The ALLY shares have gain 7.50% over the last week, with a monthly amount glided 10.75%, 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.
Ally Financial Inc experienced fluctuations in its stock price throughout the past year 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 $39.98 at the most recent close of the market. An investor can expect a potential return of 13.73% based on the average ALLY price forecast.
Analyzing the ALLY fundamentals
Trailing Twelve Months sales for Ally Financial Inc [NYSE:ALLY] were 16.42B which represents 1.23% growth. 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 39.77 points at the first support level, and at 39.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 40.19, and for the 2nd resistance point, it is at 40.40.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ally Financial Inc [NYSE:ALLY] is 1.28. Considering the valuation of this stock, the price to sales ratio is 0.75, the price to book ratio is 0.98 and price to earnings (TTM) ratio is 16.01.
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.
