In Friday’s Wall Street session, Ally Financial Inc (NYSE:ALLY) shares traded at $32.12, down -2.67% from the previous session.
ALLY stock price is now -12.53% away from the 50-day moving average and -14.94% away from the 200-day moving average. The market capitalization of the company currently stands at $9.87B.
With the price target maintained at $30, BTIG Research recently Downgraded its rating from Neutral to Sell for Ally Financial Inc (NYSE: ALLY)., while ‘Raymond James’ rates the stock as ‘Mkt Perform’
In other news, RHODES MICHAEL GEORGE, Chief Executive Officer bought 25,634 shares of the company’s stock on Jan 27 ’25. The stock was bought for $1,002,097 at an average price of $39.09. Upon completion of the transaction, the Chief Executive Officer now directly owns 25,634 shares in the company, valued at $0.82 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 24 ’25, Chief Financial Officer Hutchinson Russell E. bought 19,100 shares of the business’s stock. A total of $753,474 was incurred on buying the stock at an average price of $39.45. This leaves the insider owning 202,845 shares of the company worth $6.52 million. A total of 1.13% of the company’s stock is owned by insiders.
During the past 12 months, Ally Financial Inc has had a low of $31.95 and a high of $45.46. According to the stock market information, the enterprise value for the company is $21127473152, which is based on a 12.36 price-to-earnings ratio, a 0.31 price-to-earnings-growth ratio, and a beta of 1.13. The fifty day moving average price for ALLY is $36.7214 and a two-hundred day moving average price translates $37.76205 for the stock.
The latest earnings results from Ally Financial Inc (NYSE: ALLY) was released for 2024-12-31. The net profit margin was 4.92% and return on equity was 6.63% for ALLY. The company reported revenue of $3.53 billion for the quarter, compared to $3.62 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.62 percent.
