Market Recap Check: Ally Financial Inc (ALLY)’s Negative Finish at 35.11, Up/Down -0.57

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The price of Ally Financial Inc (NYSE: ALLY) closed at $35.11 in the last session, down -0.57% from day before closing price of $35.31. In other words, the price has decreased by -$0.57 from its previous closing price. On the day, 4.02 million shares were traded. ALLY stock price reached its highest trading level at $35.74 during the session, while it also had its lowest trading level at $34.87.

Ratios:

We take a closer look at ALLY’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 1.39 whereas as Long-Term Debt/Eq ratio is at 0.83.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on October 07, 2024, Upgraded its rating to Overweight and sets its target price to $40 from $46 previously.

JP Morgan Upgraded its Underweight to Neutral on July 08, 2024, whereas the target price for the stock was revised from $39 to $45.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 29 ’23 when DEBRUNNER DAVID J sold 3,750 shares for $35.00 per share. The transaction valued at 131,251 led to the insider holds 100,787 shares of the business.

DEBRUNNER DAVID J sold 7,500 shares of ALLY for $253,500 on Dec 14 ’23. The VP, CAO, Controller now owns 108,287 shares after completing the transaction at $33.80 per share. On Dec 15 ’23, another insider, DEBRUNNER DAVID J, who serves as the VP, CAO, Controller of the company, sold 3,750 shares for $35.00 each. As a result, the insider received 131,250 and left with 104,537 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALLY now has a Market Capitalization of 10697033728 and an Enterprise Value of 24923963392. As of this moment, Ally’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.16, and their Forward P/E ratio for the next fiscal year is 7.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at 3.678.

Stock Price History:

Over the past 52 weeks, ALLY has reached a high of $45.46, while it has fallen to a 52-week low of $22.54. The 50-Day Moving Average of the stock is -7.99%, while the 200-Day Moving Average is calculated to be -8.39%.

Shares Statistics:

According to the various share statistics, ALLY traded on average about 3.55M shares per day over the past 3-months and 2762370 shares per day over the past 10 days. A total of 302.46M shares are outstanding, with a floating share count of 301.89M. Insiders hold about 0.91% of the company’s shares, while institutions hold 89.55% stake in the company. Shares short for ALLY as of 1727654400 were 9407022 with a Short Ratio of 2.65, compared to 1724976000 on 8973496. Therefore, it implies a Short% of Shares Outstanding of 9407022 and a Short% of Float of 3.1.

Dividends & Splits

The forward annual dividend rate for ALLY is 1.20, which was 1.2 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.033984706The stock’s 5-year Average Dividend Yield is 3.08.

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