A new trading day began on Monday, with Goldman Sachs Group, Inc. (NYSE: GS) stock price up 0.61% from the previous day of trading, before settling in for the closing price of $408.07. GS’s price has ranged from $289.36 to $419.20 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Financial sector saw sales topped by 18.17%. Meanwhile, its annual earnings per share averaged 47.56%. With a float of $323.82 million, this company’s outstanding shares have now reached $325.56 million.
The extent of productivity of a business whose workforce counts for 45300 workers is very important to gauge.
Goldman Sachs Group, Inc. (GS) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Capital Markets Industry. The insider ownership of Goldman Sachs Group, Inc. is 0.54%, while institutional ownership is 72.51%. The most recent insider transaction that took place on Feb 23 ’24, was worth 5,001,372. In this transaction Chief Financial Officer of this company sold 12,680 shares at a rate of $394.43, taking the stock ownership to the 29,417 shares. Before that another transaction happened on Feb 22 ’24, when Company’s Global Treasurer sold 11,650 for $390.64, making the entire transaction worth $4,550,948. This insider now owns 18,408 shares in total.
Goldman Sachs Group, Inc. (GS) Latest Financial update
In its latest quarterly report, released on 12/30/2023, the company reported earnings of $5.48 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 8.35 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 47.56% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.20% during the next five years compared to -1.98% drop over the previous five years of trading.
Goldman Sachs Group, Inc. (NYSE: GS) Trading Performance Indicators
Here are Goldman Sachs Group, Inc.’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.21. Likewise, its price to free cash flow for the trailing twelve months is 0.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 22.82, a number that is poised to hit 8.69 in the next quarter and is forecasted to reach 39.02 in one year’s time.
Technical Analysis of Goldman Sachs Group, Inc. (GS)
The latest stats from [Goldman Sachs Group, Inc., GS] show that its last 5-days average volume of 1.62 million was inferior to 2.28 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 34.65%. Additionally, its Average True Range was 7.74.
During the past 100 days, Goldman Sachs Group, Inc.’s (GS) raw stochastic average was set at 90.95%, which indicates a significant increase from 75.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.01% in the past 14 days, which was higher than the 20.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $392.74, while its 200-day Moving Average is $352.15. Now, the first resistance to watch is $412.86. This is followed by the second major resistance level at $415.18. The third major resistance level sits at $417.84. If the price goes on to break the first support level at $407.89, it is likely to go to the next support level at $405.23. The third support level lies at $402.91 if the price breaches the second support level.
Goldman Sachs Group, Inc. (NYSE: GS) Key Stats
With a market capitalization of 133.66 billion, the company has a total of 324,527K Shares Outstanding. Currently, annual sales are 46,254 M while annual income is 8,516 M. The company’s previous quarter sales were 11,318 M while its latest quarter income was 2,008 M.
