Ally Financial Inc [NYSE: ALLY] stock went on a downward path that fall over -0.23% on Thursday, amounting to a one-week price decrease of less than -1.03%.
Over the last 12 months, ALLY stock rose by 38.73%. The one-year Ally Financial Inc stock forecast points to a potential upside of 15.23. The average equity rating for ALLY stock is currently 2.29, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $10.50 billion, with 302.46 million shares outstanding and 301.89 million shares in the current float. Compared to the average trading volume of 3.59M shares, ALLY stock reached a trading volume of 2138048 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $40.65 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 2.29. 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.
BTIG Research have made an estimate for Ally Financial Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on September 16, 2024. While these analysts kept the previous recommendation, JP Morgan raised their target price from $39 to $45. The new note on the price target was released on July 08, 2024, representing the official price target for Ally Financial Inc stock. Previously, the target price had yet another raise to $50, while Citigroup analysts kept a Buy rating on ALLY stock.
The Average True Range (ATR) for Ally Financial Inc is set at 1.12, with the Price to Sales ratio for ALLY stock in the period of the last 12 months amounting to 0.64. The Price to Book ratio for the last quarter was 0.91. Price to Free Cash Flow for ALLY in the course of the last twelve months was 7.59.
ALLY Stock Performance Analysis:
Ally Financial Inc [ALLY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.03. With this latest performance, ALLY shares dropped by -17.12% in over the last four-week period, additionally sinking by -10.45% over the last 6 months – not to mention a rise of 38.73% 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 37.80, with the RSI for the last a single of trading hit 39.44, and the three-weeks RSI is set at 38.16 for Ally Financial Inc [ALLY]. The present Moving Average for the last 50 days of trading for this stock 39.07, while it was recorded at 34.85 for the last single week of trading, and 38.30 for the last 200 days.
Insight into Ally Financial Inc Fundamentals:
Ally Financial Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.93.
ALLY Stock EPS
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 29.60%.
Ally Financial Inc [ALLY] Institutonal Ownership Details
There are presently around $81.36%, or 90.92%% of ALLY stock, in the hands of institutional investors. The top three institutional holders of ALLY stocks are: BERKSHIRE HATHAWAY INC with ownership of 29.0 million shares, which is approximately 9.477%. BLACKROCK INC., holding 28.4 million shares of the stock with an approximate value of $$1.13 billion in ALLY stocks shares; and BLACKROCK INC., currently with $$1.12 billion in ALLY stock with ownership which is approximately 9.1941%.
