The price-to-earnings ratio for Ally Financial Inc (NYSE: ALLY) is 14.67x, which is above its average ratio. Moreover, the 36-month beta value for ALLY is 1.40. Analysts have varying opinions on the stock, with 7 analysts rating it as a “buy,” 5 as “overweight,” 4 as “hold,” and 1 as “sell.”
The public float for ALLY is 301.89M and currently, short sellers hold a 2.97% of that float. On September 24, 2024, ALLY’s average trading volume was 3.57M shares.
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
ALLY) stock’s latest price update
The stock price of Ally Financial Inc (NYSE: ALLY) has plunged by -1.42 when compared to previous closing price of 34.48, but the company has seen a 2.91% gain in its stock price over the last five trading sessions. fool.com reported 2024-09-23 that Ally Financial, owned by Warren Buffett’s Berkshire Hathaway, is a bank that struggled with higher interest rates. As the Federal Reserve lowers rates, Ally will get a boost.
ALLY’s Market Performance
Ally Financial Inc (ALLY) has experienced a 2.91% rise in stock performance for the past week, with a -18.86% drop in the past month, and a -15.87% drop in the past quarter. The volatility ratio for the week is 3.32%, and the volatility levels for the past 30 days are at 3.48% for ALLY. The simple moving average for the past 20 days is -10.88% for ALLY’s stock, with a -10.92% simple moving average for the past 200 days.
Analysts’ Opinion of ALLY
JP Morgan, on the other hand, stated in their research note that they expect to see ALLY reach a price target of $45, previously predicting the price at $39. The rating they have provided for ALLY stocks is “Neutral” according to the report published on July 08th, 2024.
Citigroup gave a rating of “Buy” to ALLY, setting the target price at $50 in the report published on June 24th of the current year.
ALLY Trading at -16.15% from the 50-Day Moving Average
After a stumble in the market that brought ALLY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.23% of loss for the given period.
Volatility was left at 3.48%, however, over the last 30 days, the volatility rate increased by 3.32%, as shares sank -22.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.73% lower at present.
During the last 5 trading sessions, ALLY rose by +2.91%, which changed the moving average for the period of 200-days by +10.32% in comparison to the 20-day moving average, which settled at $37.66. In addition, Ally Financial Inc saw -2.66% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ALLY starting from DEBRUNNER DAVID J, who sale 3,750 shares at the price of $35.00 back on Dec 29 ’23. After this action, DEBRUNNER DAVID J now owns 100,787 shares of Ally Financial Inc, valued at $131,251 using the latest closing price.
DEBRUNNER DAVID J, the VP, CAO, Controller of Ally Financial Inc, sale 7,500 shares at $33.80 during a trade that took place back on Dec 14 ’23, which means that DEBRUNNER DAVID J is holding 108,287 shares at $253,500 based on the most recent closing price.
Stock Fundamentals for ALLY
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.72 for the gross margin
The net margin for Ally Financial Inc stands at 0.07. The total capital return value is set at 0.0. Equity return is now at value 6.02, with 0.42 for asset returns.
Based on Ally Financial Inc (ALLY), the company’s capital structure generated 0.58 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 1.38. The interest coverage ratio of the stock is 0.1.
Currently, EBITDA for the company is 2.33 billion with net debt to EBITDA at 15.96. When we switch over and look at the enterprise to sales, we see a ratio of 1.83. The receivables turnover for the company is 10.92for trailing twelve months and the total asset turnover is 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.93.
Conclusion
To wrap up, the performance of Ally Financial Inc (ALLY) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
