How Have Insiders Been Trading The Goldman Sachs Group Inc. (GS) Stock?

The Goldman Sachs Group Inc. (NYSE:GS) saw a downside of -1.93% to close Monday at $385.24 after subtracting -$7.57 on the day. The 5-day average trading volume is 2,040,420 shares of the company’s common stock. It has gained $397.85 in the past week. An average of 2,610,095 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,289,888.

GS’s 1-month performance is -4.52% or -$18.24 on its low of $372.50 reached on 09/20/21. The company’s shares have touched a 52-week low of $185.52 and high of $420.76, with the stock’s rally to the 52-week high happening on 08/30/21. YTD, GS has achieved 46.08% or $121.53. However, the current price is down -8.44%% from the 52-week high price.


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Valuation Metrics

The company’s PE ratio for the last five years has touched a high of 31.75 and a low of 6.427. GS stock has a beta of 1.54. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.09 while the price-to-book (PB) in the most recent quarter is 1.46, with the price to cash flow ratio at 2.17.

The Goldman Sachs Group Inc. pays an annual dividend of $8.00 per share. Its dividend yield is 2.08% and the payout ratio is 9.00%. GS’s most recent quarterly dividend payment was made on Sep. 29, when it paid $2.00 a share compared with prior rate of $1.25, up 37.5% from last year’s. The company has boosted its dividend for the last 1 consecutive years with the latest dividend increase of $0.75 reported on Wednesday July 14 2021. Measured over the last 3 years, the Dividend has been growing by 72.41% yearly.

It is projected that The Goldman Sachs Group Inc.’s next ex-dividend date will be on 1-Dec. GS is expected to distribute $1.733 as its next dividend.

As well, the company’s long term debt to equity for the quarter ending June 29 was 2.71, while the total debt to equity was 8.89. In terms of profitability, the gross margin trailing 12 months is 82.40%. while for the period ending June 29; The Goldman Sachs Group Inc.’s operating margin was 40.40%. The firm’s gross profit as reported stood at $12.48 billion against revenue of $44.56 billion.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected GS to announce $10.24 per share in earnings in its latest quarter, but it posted $15.02, representing a 46.70% surprise. EBITDA for the quarter stood at more than $7.36 billion. GS stock balance sheet for the quarter ending June 29 shows that, with total debt at $569.14 billion. Shareholders hold equity totaling $337.1 million

Technical Picture

Let’s look briefly at The Goldman Sachs Group Inc. (GS) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 45.72% to suggest the stock is trending Neutral, with historical volatility in this time period at 24.51%.

The stock’s 5-day moving average is $388.51, reflecting a +2.96% or $11.09 change from its current price. GS is currently trading -5.87% above its 20-day SMA, +7.49% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +2.76% and +50.22% respectively.

Stochastic %K and %D was 53.46% and 52.91% and the average true range (ATR) pointed at 10.14. The RSI (14) points at 45.74%, while the 14-day stochastic is at 39.57% with the period’s ATR at 9.78. The stock’s 9-day MACD Oscillator is pointing at 5.16 and 2.62 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for The Goldman Sachs Group Inc. (NYSE: GS), JMP Securities reiterated its a Mkt outperform rating for the company but lifted their price target by $440 to $450. Analysts offering their rating for GS stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate GS as a “sell,”, while 9 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 17 have offered a “buy” rating.

What is GS’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $330.00 and a high of $520.00, with their median price target at $435.00. Looking at these predictions, the average price target given by analysts is for The Goldman Sachs Group Inc. (GS) stock is $430.30.

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