As of Friday close, Ally Financial Inc.’s (NYSE:ALLY) stock was down -$0.19, moving down -0.70 percent to $26.86. The average number of shares traded per day over the past five days has been 3,921,920 shares. 2 times new highs have been achieved over the past 5 days, with a -$2.24 fall in that time frame. In the last twenty days, the average volume was 6,375,740, while in the previous 50 days, it was 4,687,506.
Since last month, ALLY stock rose 2.21%. Shares of the company fell to $25.81 on 08/25/23, the lowest level in the past month. A 52-week high of $35.78 was reached on 02/02/23 after having rallying from a 52-week low of $21.58. Since the beginning of this year, ALLY’s stock price has risen by 9.86% or $2.41, and marked a new high 13 times. However, the stock has declined by -24.93% since its 52-week high.
ALLY stock investors should be aware that Ally Financial Inc. (ALLY) stock had its last reported insider trading activity 333 days ago on Oct 25. MAGNER MARJORIE, the Director of the company, purchased of 2,000 shares for $27.43 on Oct 25. It resulted in a $54,868 investment by the insider.
Valuation Metrics
Right now, Ally Financial Inc. (ALLY) has a P/E ratio of about 7.34. The stock’s beta is 1.32. Besides these, the trailing price-to-sales (P/S) ratio of 0.63, the price-to-book (PB) ratio of 0.73, and the price-to-cash flow ratio of 3.10 may also be considered.
The latest dividend of $0.30 per share was paid out, remained unchanged from last year’s $0.30. On Tuesday January 11 2022, a $0.05 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.34, and the total debt-to-equity ratio was 1.99. In the year ended June 29, operating margins totaled 45.00%. Based on annual data, ALLY earned $7.76 billion in gross profit and brought in $10.62 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 18.70%. Return on equity (ROE) for the past 12 months was 10.40%.
In Ally Financial Inc.’s quarter-end financial report for June 29, it reported total debt of $20.14 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected Ally Financial Inc. to report $0.92 quarterly earnings, the actual figure was $0.96 per share, beating the consensus estimate by 4.30%. The value of shareholders’ equity is $301.62 million.
Technical Picture
This quick technical analysis looks at Ally Financial Inc.’s (ALLY) price momentum. With a historical volatility rate of 23.54%, the RSI 9-day stood at 36.62% on 22 September.
With respect to its five-day moving average, the current Ally Financial Inc. price is down by -7.70% percent or -$2.24. At present, ALLY shares trade +1.51% above its 20-day simple moving average and +3.19% percent above its 100-day simple moving average. However, the stock is currently trading approximately -5.42% below its SMA50 and +7.01% above its SMA200.
Stochastic coefficient K was 10.07% and Stochastic coefficient D was 28.71%, while ATR was 0.85. Given the Stochastic reading of 5.34% for the 14-day period, the RSI (14) reading has been calculated as 41.80%. As of today, the MACD Oscillator reading stands at -0.95, while the 14-day reading stands at -0.92.
Analyst Ratings
Ally Financial Inc. downgraded its rating on Ally Financial Inc. (NYSE: ALLY) to a Peer perform in a note to investors on August 24, 2023. The analysts firm previously had an Outperform rating on the stock.Ally Financial Inc. (ALLY) has been rated Hold by analysts. According to 4 brokerage firms, ALLY is a sell, and 11 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Ally Financial Inc. stock as buy, with 6 recommending it as overweight.
With a median target price of $32.00, the current consensus forecast for the stock is $21.00 – $45.00. Based on these forecasts, analysts predict Ally Financial Inc. (ALLY) will achieve an average price target of $31.61.
