What You Need To Know About The Goldman Sachs Group Inc. (GS)


The Goldman Sachs Group Inc. (NYSE:GS) finished Wednesday with a subtraction of -$1.1 to close at $340.87, a downside of -0.32 percent. An average of 1,333,320 shares of common stock have been traded in the last five days. There was a fall of -$3.62 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 2,157,035 shares traded, while the 50-day average volume stands at 2,423,464.

GS stock has decreased by -10.85% in the last month. The company shares reached their 1-month lowest point of $339.30 on 12/28/22. With the stock rallying to its 52-week high on 01/05/22, shares of the company touched a low of $277.84 and a high of $412.66 in 52 weeks. It has reached a new high 3 times so far this year and lost -10.90% or -$41.68 in price. In spite of this, the price is down -17.40% from the 52-week high.

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Insider Transactions

GS stock investors should be aware that The Goldman Sachs Group Inc. (GS) stock had its last reported insider trading activity 16 days ago on Dec 13. In this transaction, the insider spent $3,823,507. Director, GOLDMAN SACHS GROUP INC, disposed of 147,816 shares at a price of $22.20 on Dec 12. The insider now owns more than $3,281,515 worth of shares. Prior to that, Director GOLDMAN SACHS GROUP INC went on to Sale 65,918 shares at $21.21 each on Dec 09. An amount of $1,398,121 was transacted.

Valuation Metrics

The Goldman Sachs Group Inc. (GS) has a trailing price-to-earnings (P/E) ratio of 9.08. The stock’s beta is 1.41. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.87, the price-to-book (PB) ratio at 1.11, and the price-to-cash flow ratio at 2.68.

The company has a payout ratio of 22.30%. The company’s most recent quarterly dividend payment was $2.50 a share, without any change from last year. Its latest increase dividend $0.50 reported on Monday July 18 2022.

Financial Health

Further, the company has a long term debt to equity ratio of 2.28 and a total debt to equity ratio of 8.34 for the quarter ending September 29. Its gross profit as reported stood at $27.04 billion compared to revenue of $59.34 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, The Goldman Sachs Group Inc.’s return on assets was 0.90%.

Earnings Surprise

For the three-month period that ended September 29, The Goldman Sachs Group Inc. had $239.97 billion in total debt. The analyst consensus anticipated The Goldman Sachs Group Inc.’s latest quarter earnings to come in at $7.69 per share, but it turned out to be $8.25, a 7.30% surprise. For the quarter, EBITDA amounted to $4.42 billion. At the end of the quarter ending September 29, The Goldman Sachs Group Inc.’s stock balance sheet showed total debt was $583.75 billion. Shareholders own equity worth $338.63 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at The Goldman Sachs Group Inc. (GS) price momentum. RSI 9-day as of the close on 28 December was 28.11%, suggesting the stock is oversold, with historical volatility in this time frame at 17.78%.

As of today, GS’s price is $344.82 -1.05% or -$3.62 from its 5-day moving average. GS is currently trading -11.16% lower than its 20-day SMA and +1.85% higher than its 100-day SMA. However, the stock’s current price level is +11.14% above the SMA50 and +4.89% above the SMA200.

The stochastic %K and %D were 7.99% and 11.36%, respectively, and the average true range (ATR) was 6.96. With the 14-day stochastic at 4.00% and the average true range at 7.31, the RSI (14) stands at 34.42%. The stock has reached -2.70 on the 9-day MACD Oscillator while the 14-day reading was at -8.56.

Analyst Ratings

Keefe Bruyette upgraded The Goldman Sachs Group Inc. (NYSE: GS) to a an Outperform rating in its most recent analyst report. Previously, the stock was rated as a Mkt perform. The consensus rating for The Goldman Sachs Group Inc. (GS) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell GS, while 9 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 14 others rate it as a “buy”.

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

Analysts predict a range of price targets between $300.00 and $492.00, with a median target of $389.50. Taking a look at these predictions, the average price target given by analysts for The Goldman Sachs Group Inc. (GS) stock is $391.28.


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