Ally Financial Inc [ALLY] is 6.99% higher this YTD. Is it still time to buy?

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Ally Financial Inc [NYSE: ALLY] loss -0.68% on the last trading session, reaching $26.16 price per share at the time. The company report on October 24, 2023 at 10:00 AM that Ally Financial to present at the BancAnalysts Association of Boston Conference.

Ally Financial Inc. (NYSE: ALLY) Chief Financial Officer, Russ Hutchinson, will present at the BancAnalysts Association of Boston Conference on Thursday, November 2, 2023 at approximately 10:30 a.m. ET.

A live webcast will be available on the day of the conference at under the Events and Presentations section of the Investor Relations website. A replay will also be available.

Ally Financial Inc represents 299.32 million in outstanding shares, while the company has a total market value of $7.89 billion with the latest information. ALLY stock price has been found in the range of $25.94 to $26.36.

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If compared to the average trading volume of 4.87M shares, ALLY reached a trading volume of 4171095 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Ally Financial Inc [ALLY]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ALLY shares is $29.59 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ALLY stock is a recommendation set at 2.82. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

TD Cowen have made an estimate for Ally Financial Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on November 01, 2023.

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The Average True Range (ATR) for Ally Financial Inc is set at 0.87, with the Price to Sales ratio for ALLY stock in the period of the last 12 months amounting to 0.52. The Price to Book ratio for the last quarter was 0.75. Price to Free Cash Flow for ALLY in the course of the last twelve months was 3.19.

Trading performance analysis for ALLY stock

Ally Financial Inc [ALLY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.65. With this latest performance, ALLY shares gained by 0.77% in over the last four-week period, additionally plugging by 3.36% over the last 6 months – not to mention a rise of 1.32% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ALLY stock in for the last two-week period is set at 56.33, with the RSI for the last a single of trading hit 60.84, and the three-weeks RSI is set at 53.07 for Ally Financial Inc [ALLY]. The present Moving Average for the last 50 days of trading for this stock 26.15, while it was recorded at 26.43 for the last single week of trading, and 27.36 for the last 200 days.

Ally Financial Inc [ALLY]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Ally Financial Inc [ALLY] shares currently have an operating margin of +16.34. Ally Financial Inc’s Net Margin is presently recorded at +13.95.

Return on Total Capital for ALLY is now 5.96, given the latest momentum, and Return on Invested Capital for the company is 6.28. Return on Equity for this stock inclined to 11.47, with Return on Assets sitting at 0.91. When it comes to the capital structure of this company, Ally Financial Inc [ALLY] has a Total Debt to Total Equity ratio set at 157.85. Additionally, ALLY Total Debt to Total Capital is recorded at 61.22, with Total Debt to Total Assets ending up at 10.58. Long-Term Debt to Equity for the company is recorded at 127.63, with the Long-Term Debt to Total Capital now at 40.55.

Reflecting on the efficiency of the workforce at the company, Ally Financial Inc [ALLY] managed to generate an average of $147,845 per employee.Ally Financial Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.93.

Ally Financial Inc [ALLY]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ALLY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Ally Financial Inc go to -11.27%.

An analysis of Institutional ownership at Ally Financial Inc [ALLY]

The top three institutional holders of ALLY stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in ALLY stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in ALLY stock with ownership which is approximately 5.7994%.

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