On Tuesday, Goldman Sachs Group, Inc (NYSE: GS) was 0.41% up from the session before settling in for the closing price of $603.03. A 52-week range for GS has been $334.87 – $611.30.
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During the last 5-year period, the sales growth of Financial Sector giant was 18.16%. When this article was written, the company’s average yearly earnings per share was at 59.92%. With a float of $312.45 million, this company’s outstanding shares have now reached $323.38 million.
Let’s determine the extent of company efficiency that accounts for 45300 employees. In terms of profitability, gross margin is 65.56%, operating margin of 32.14%, and the pretax margin is 30.21%.
Goldman Sachs Group, Inc (GS) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Goldman Sachs Group, Inc stocks. The insider ownership of Goldman Sachs Group, Inc is 0.46%, while institutional ownership is 74.06%. The most recent insider transaction that took place on Nov 11 ’24, was worth 2,996,975. In this transaction Executive Vice President of this company sold 4,975 shares at a rate of $602.41, taking the stock ownership to the 12,132 shares. Before that another transaction happened on Nov 12 ’24, when Company’s Director sold 10,000 for $594.96, making the entire transaction worth $5,949,640. This insider now owns 2,450 shares in total.
Goldman Sachs Group, Inc (GS) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 5.48 earnings per share (EPS) during the time that was better than consensus figure (set at 3.94) by 1.54. Wall Street market experts anticipate that the next fiscal year will bring earnings of 12.29 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 59.92% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.89% 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
You can see what Goldman Sachs Group, Inc (GS) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.54. Likewise, its price to free cash flow for the trailing twelve months is 5.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 34.08, a number that is poised to hit 8.12 in the next quarter and is forecasted to reach 42.54 in one year’s time.
Technical Analysis of Goldman Sachs Group, Inc (GS)
Looking closely at Goldman Sachs Group, Inc (NYSE: GS), its last 5-days average volume was 2.27 million, which is a jump from its year-to-date volume of 2.23 million. As of the previous 9 days, the stock’s Stochastic %D was 85.54%. Additionally, its Average True Range was 13.51.
During the past 100 days, Goldman Sachs Group, Inc’s (GS) raw stochastic average was set at 96.67%, which indicates a significant increase from 83.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.33% in the past 14 days, which was lower than the 32.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $534.24, while its 200-day Moving Average is $468.76. However, in the short run, Goldman Sachs Group, Inc’s stock first resistance to watch stands at $610.79. Second resistance stands at $616.09. The third major resistance level sits at $624.98. If the price goes on to break the first support level at $596.60, it is likely to go to the next support level at $587.71. Should the price break the second support level, the third support level stands at $582.41.
Goldman Sachs Group, Inc (NYSE: GS) Key Stats
There are 313,910K outstanding shares of the company, which has a market capitalization of 190.07 billion. As of now, sales total 46,254 M while income totals 8,516 M. Its latest quarter income was 12,699 M while its last quarter net income were 2,990 M.
