A new trading day began on Friday, with Goldman Sachs Group, Inc (NYSE: GS) stock price up 0.52% from the previous day of trading, before settling in for the closing price of $605.43. GS’s price has ranged from $334.87 to $612.25 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 18.16%. Meanwhile, its annual earnings per share averaged 59.92%. With a float of $312.45 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 65.56%, operating margin of 32.14%, and the pretax margin is 30.21%.
Goldman Sachs Group, Inc (GS) Insider Activity
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 0.46%, while institutional ownership is 73.83%. The most recent insider transaction that took place on Nov 29 ’24, was worth 3,027,150. Before that another transaction happened on Nov 29 ’24, when Company’s Managing Director proposed sale 6,550 for $605.43, making the entire transaction worth $3,965,566.
Goldman Sachs Group, Inc (GS) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, 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 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
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 1.55. Likewise, its price to free cash flow for the trailing twelve months is 5.10.
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)
Compared to the last year’s volume of 2.22 million, its volume of 2.02 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 83.90%. Additionally, its Average True Range was 12.76.
During the past 100 days, Goldman Sachs Group, Inc’s (GS) raw stochastic average was set at 97.63%, which indicates a significant increase from 88.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.97% in the past 14 days, which was lower than the 31.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $538.75, while its 200-day Moving Average is $471.05. Nevertheless, the first resistance level for the watch stands at $611.85 in the near term. At $615.12, the stock is likely to face the second major resistance level. The third major resistance level sits at $617.51. If the price goes on to break the first support level at $606.18, it is likely to go to the next support level at $603.79. Should the price break the second support level, the third support level stands at $600.51.
Goldman Sachs Group, Inc (NYSE: GS) Key Stats
With a market capitalization of 192.03 billion, the company has a total of 313,910K Shares Outstanding. Currently, annual sales are 46,254 M while annual income is 8,516 M. The company’s previous quarter sales were 12,699 M while its latest quarter income was 2,990 M.
