On Tuesday, Goldman Sachs Group, Inc. (NYSE: GS) opened lower -1.45% from the last session, before settling in for the closing price of $504.68. Price fluctuations for GS have ranged from $289.36 to $517.26 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 18.17%. Company’s average yearly earnings per share was noted 61.91% at the time writing. With a float of $313.99 million, this company’s outstanding shares have now reached $323.38 million.
Considering the fact that the conglomerate employs 45300 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 64.77%, operating margin of 28.3%, and the pretax margin is 28.28%.
Goldman Sachs Group, Inc. (GS) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Capital Markets industry is another important factor to consider. The insider ownership of Goldman Sachs Group, Inc. is 0.57%, while institutional ownership is 76.02%. The most recent insider transaction that took place on Aug 15 ’24, was worth 3,001,740. In this transaction Chairman of the Board and CEO of this company sold 6,000 shares at a rate of $500.29, taking the stock ownership to the 124,433 shares. Before that another transaction happened on Aug 15 ’24, when Company’s Managing Director proposed sale 6,000 for $498.70, making the entire transaction worth $2,992,200.
Goldman Sachs Group, Inc. (GS) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 5.47 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 5.31) by 0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of 8.29 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 61.91% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.40% 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
Check out the current performance indicators for Goldman Sachs Group, Inc. (GS). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.29. Likewise, its price to free cash flow for the trailing twelve months is 4.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 31.14, a number that is poised to hit 8.68 in the next quarter and is forecasted to reach 41.81 in one year’s time.
Technical Analysis of Goldman Sachs Group, Inc. (GS)
Compared to the last year’s volume of 2.32 million, its volume of 1.6 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 83.92%. Additionally, its Average True Range was 12.07.
During the past 100 days, Goldman Sachs Group, Inc.’s (GS) raw stochastic average was set at 84.69%, which indicates a significant increase from 78.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.91% in the past 14 days, which was higher than the 23.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $476.59, while its 200-day Moving Average is $414.05. Nevertheless, the first resistance level for the watch stands at $502.16 in the near term. At $506.99, the stock is likely to face the second major resistance level. The third major resistance level sits at $509.82. If the price goes on to break the first support level at $494.51, it is likely to go to the next support level at $491.68. Now, if the price goes above the second support level, the third support stands at $486.85.
Goldman Sachs Group, Inc. (NYSE: GS) Key Stats
There are currently 322,464K shares outstanding in the company with a market cap of 157.06 billion. Presently, the company’s annual sales total 46,254 M according to its annual income of 8,516 M. Last quarter, the company’s sales amounted to 12,731 M and its income totaled 3,043 M.
