Ally Financial Inc (ALLY) shares projected to rise by 2.7%

Ally Financial Inc [ALLY] stock is trading at $39.23, up 0.56%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ALLY shares have gain 6.23% over the last week, with a monthly amount glided 11.26%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Ally Financial Inc [NYSE: ALLY] stock has seen the most recent analyst activity on December 05, 2024, when Wolfe Research downgraded its rating to a Peer Perform. Previously, Raymond James upgraded its rating to Mkt Perform on October 21, 2024. On October 07, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $40 on the stock. BTIG Research downgraded its rating to a Neutral. JP Morgan upgraded its rating to a Neutral and raised its price target to $45 on July 08, 2024. Citigroup started tracking with a Buy rating for this stock on June 24, 2024, and assigned it a price target of $50. In a note dated June 07, 2024, BTIG Research initiated an Buy rating and provided a target price of $51 on this stock.

Ally Financial Inc [ALLY] stock has fluctuated between $31.95 and $45.46 over the past year. Currently, Wall Street analysts expect the stock to reach $40.29 within the next 12 months. Ally Financial Inc [NYSE: ALLY] shares were valued at $39.23 at the most recent close of the market. An investor can expect a potential return of 2.7% based on the average ALLY price forecast.

Analyzing the ALLY fundamentals

Ally Financial Inc [NYSE:ALLY] reported sales of 16.35B for the trailing twelve months, which represents a drop of -1.58%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.24.

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 38.81 points at the first support level, and at 38.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.59, and for the 2nd resistance point, it is at 39.95.

Ratios To Look Out For

For context, Ally Financial Inc’s Current Ratio is 3.89. Considering the valuation of this stock, the price to sales ratio is 0.73, the price to book ratio is 1.03 and price to earnings (TTM) ratio is 15.10.

Transactions by insiders

Recent insider trading involved Hutchinson Russell E., Chief Financial Officer, that happened on Jan 24 ’25 when 19100.0 shares were purchased.

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