With 3.91 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.85 million shares. During the session, the Credit Services company that operates in wider Financial sector, reached to the highest price of $38.19 whereas the lowest price it dropped to was $37.07. The 52-week range on ALLY shows that it touched its highest point at $45.46 and its lowest point at $25.16 during that stretch. It currently has a 1-year price target of $39.29. With its current market cap of 11.59 billion, ALLY has annualized dividend of $1.20 while the current yield stands at 3.16%. Beta for the stock currently stands at 1.39.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ALLY was up-trending over the past week, with a rise of 8.47%, but this was up by 7.67% over a month. Three-month performance dropped to -6.24% while six-month performance fell -4.35%. The stock gained 44.34% in the past year, while it has gained 8.88% so far this year. A look at the trailing 12-month EPS for ALLY yields 2.50 with Next year EPS estimates of 4.19. For the next quarter, that number is 0.61. This implies an EPS growth rate of -1.06% for this year and 38.87% for next year. EPS is expected to grow by 28.03% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 0.20%.
Float and Shares Shorts:
At present, 302.46 million ALLY shares are outstanding with a float of 301.89 million shares on hand for trading. On 2024-10-15, short shares totaled 8.25 million, which was 271.0 higher than short shares on 1726185600. In addition to Mr. Russell E . Hutchinson as the firm’s Chief Financial Officer, Mr. Douglas R. Timmerman serves as its President of Dealer Financial Services.
Institutional Ownership:
Through their ownership of 0.82105005 of ALLY’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ALLY since 22 analysts follow the stock currently. There are 16 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ALLY analysts setting a high price target of 50.0 and a low target of 23.2, the average target price over the next 12 months is 39.02. Based on these targets, ALLY could surge 31.51% to reach the target high and fall by -38.98% to reach the target low. Reaching the average price target will result in a growth of 2.63% from current levels.
Analysts have provided yearly estimates in a range of $3.47348 being high and $2.77278 being low. For ALLY, this leads to a yearly average estimate of $3.00301. The surprise factor in the prior quarter was $0.64. Based on analyst estimates, the high estimate for the next quarter is $1.03 and the low estimate is $0.19. The average estimate for the next quarter is thus $0.58.