Ally Financial Inc (NYSE: ALLY) is 3.97% higher on its value in year-to-date trading and has touched a low of $31.95 and a high of $45.46 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ALLY stock was last observed hovering at around $37.88 in the last trading session, with the day’s loss setting it -0.44%.
Currently trading at $37.44, the stock is 6.01% and 1.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.05 million and changing -1.16% at the moment leaves the stock -1.19% off its SMA200. ALLY registered -7.78% loss for a year compared to 6-month gain of 8.58%. The firm has a 50-day simple moving average (SMA 50) of $36.977 and a 200-day simple moving average (SMA200) of $37.89015.
The stock witnessed a 1.46% loss in the last 1 month and extending the period to 3 months gives it a 8.11%, and is 7.90% up 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 3.15% over the week and 3.52% over the month.
Ally Financial Inc (ALLY) has around 10700 employees, a market worth around $11.50B and $16.39B in sales. Current P/E ratio is 14.41 and Fwd P/E is 6.74. Profit margin for the company is 4.92%. Distance from 52-week low is 17.18% and -17.64% from its 52-week high. The company has generated returns on investments over the last 12 months (3.02%).
with sales reaching $2.03B over the same period.The EPS is expected to grow by 54.65% this year, but quarterly earnings will post 4.13% year-over-year. Quarterly sales are estimated to grow 2.15% in year-over-year returns.
Ally Financial Inc (ALLY) Top Institutional Holders
818.0 institutions hold shares in Ally Financial Inc (ALLY), with institutional investors hold 91.17% of the company’s shares. The shares outstanding are 305.39M, and float is at 303.65M with Short Float at 2.71%. Institutions hold 81.74% 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 9.4532% 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 9.2566 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 6.7315 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 purchase by RHODES MICHAEL GEORGE, the company’s Chief Executive Officer. SEC filings show that RHODES MICHAEL GEORGE bought 25,634 shares of the company’s common stock on Jan 27 ’25 at a price of $39.09 per share for a total of $1.0 million. Following the purchase, the insider now owns 25634.0 shares.
Ally Financial Inc disclosed in a document filed with the SEC on Jan 24 ’25 that Hutchinson Russell E. (Chief Financial Officer) bought a total of 19,100 shares of the company’s common stock. The trade occurred on Jan 24 ’25 and was made at $39.45 per share for $0.75 million. Following the transaction, the insider now directly holds 0.2 million shares of the ALLY stock.
