Goldman Sachs Group, Inc. (NYSE: GS) kicked off on Tuesday, down -4.47% from the previous trading day, before settling in for the closing price of $510.25. Over the past 52 weeks, GS has traded in a range of $289.36-$517.26.
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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%. While this was happening, its average annual earnings per share was recorded 61.94%. With a float of $314.22 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) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Capital Markets Industry. The insider ownership of Goldman Sachs Group, Inc. is 0.50%, while institutional ownership is 75.76%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 61.94% 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
Take a look at Goldman Sachs Group, Inc.’s (GS) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.27. Likewise, its price to free cash flow for the trailing twelve months is 4.57.
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 2.28 million, its volume of 1.66 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 57.98%. Additionally, its Average True Range was 11.49.
During the past 100 days, Goldman Sachs Group, Inc.’s (GS) raw stochastic average was set at 77.10%, which indicates a significant increase from 7.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.70% in the past 14 days, which was higher than the 24.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $486.08, while its 200-day Moving Average is $422.07. Nevertheless, the first resistance level for the watch stands at $502.97 in the near term. At $518.49, the stock is likely to face the second major resistance level. The third major resistance level sits at $527.27. If the price goes on to break the first support level at $478.67, it is likely to go to the next support level at $469.89. Should the price break the second support level, the third support level stands at $454.37.
Goldman Sachs Group, Inc. (NYSE: GS) Key Stats
The company with the Market Capitalisation of 153.94 billion has total of 322,464K Shares Outstanding. Its annual sales at the moment are 46,254 M in contrast with the sum of 8,516 M annual income. Company’s last quarter sales were recorded 12,731 M and last quarter income was 3,043 M.
