Ally Financial Inc (NYSE: ALLY) is -1.43% lower on its value in year-to-date trading and has touched a low of $22.54 and a high of $45.46 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ALLY stock was last observed hovering at around $34.49 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $34.42, the stock is -1.78% and -6.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.11 million and changing -0.20% at the moment leaves the stock -10.24% off its SMA200. ALLY registered 46.84% gain for a year compared to 6-month loss of -12.42%. The firm has a 50-day simple moving average (SMA 50) of $36.9356 and a 200-day simple moving average (SMA200) of $38.347.
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The stock witnessed a -1.15% gain in the last 1 month and extending the period to 3 months gives it a -22.06%, and is -1.69% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.38% over the week and 2.54% over the month.
Ally Financial Inc (ALLY) has around 11100 employees, a market worth around $10.49B and $16.48B in sales. Current P/E ratio is 13.79 and Fwd P/E is 8.18. Profit margin for the company is 4.70%. Distance from 52-week low is 52.71% and -24.29% from its 52-week high. The company has generated returns on investments over the last 12 months (2.45%).
with sales reaching $2.01B over the same period.The EPS is expected to shrink by -2.93% this year, but quarterly earnings will post -1.30% year-over-year. Quarterly sales are estimated to shrink -2.50% in year-over-year returns.
Ally Financial Inc (ALLY) Top Institutional Holders
812.0 institutions hold shares in Ally Financial Inc (ALLY), with institutional investors hold 91.57% of the company’s shares. The shares outstanding are 302.46M, and float is at 301.89M with Short Float at 2.73%. Institutions hold 81.95% of the Float.
The top institutional shareholder in the company is BERKSHIRE HATHAWAY INC with over 29.0 million shares valued at $1.15 billion. The investor’s holdings represent 9.477% of the ALLY Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 28.4 million shares valued at $1.13 billion to account for 9.2799 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 28.13 million shares representing 9.1941% and valued at over $1.12 billion, while HARRIS ASSOCIATES L P holds 6.7484 of the shares totaling 20.65 million with a market value of $819.2 million.
Ally Financial Inc (ALLY) Insider Activity
The most recent transaction is an insider sale by DEBRUNNER DAVID J, the company’s VP, CAO, Controller. SEC filings show that DEBRUNNER DAVID J sold 3,750 shares of the company’s common stock on Dec 29 ’23 at a price of $35.00 per share for a total of $0.13 million. Following the sale, the insider now owns 0.1 million shares.
Ally Financial Inc disclosed in a document filed with the SEC on Dec 14 ’23 that DEBRUNNER DAVID J (VP, CAO, Controller) sold a total of 7,500 shares of the company’s common stock. The trade occurred on Dec 14 ’23 and was made at $33.80 per share for $0.25 million. Following the transaction, the insider now directly holds 0.11 million shares of the ALLY stock.
Still, SEC filings show that on Dec 15 ’23, DEBRUNNER DAVID J (VP, CAO, Controller) disposed off 3,750 shares at an average price of $35.00 for $0.13 million. The insider now directly holds 104,537 shares of Ally Financial Inc (ALLY).
