On Tuesday, Goldman Sachs Group, Inc (NYSE: GS) opened lower -1.53% from the last session, before settling in for the closing price of $594.12. Price fluctuations for GS have ranged from $349.05 to $612.73 over the past 52 weeks.
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A company in the Financial sector has jumped its sales by 18.16% annually for the last half of the decade. Company’s average yearly earnings per share was noted 60.16% at the time writing. With a float of $312.47 million, this company’s outstanding shares have now reached $314.19 million.
In an organization with 45300 employees, it is important to assess its efficiency. 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 Updates
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 0.46%, while institutional ownership is 73.84%. The most recent insider transaction that took place on Nov 29 ’24, was worth 4,001,460. In this transaction Chairman of the Board and CEO of this company sold 6,550 shares at a rate of $610.91, taking the stock ownership to the 117,883 shares. Before that another transaction happened on Nov 29 ’24, when Company’s Director sold 5,000 for $612.08, making the entire transaction worth $3,060,400. This insider now owns 608,425 shares in total.
Goldman Sachs Group, Inc (GS) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 60.16% 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
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 1.48. Likewise, its price to free cash flow for the trailing twelve months is 4.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 34.08, a number that is poised to hit 8.10 in the next quarter and is forecasted to reach 42.74 in one year’s time.
Technical Analysis of Goldman Sachs Group, Inc (GS)
Let’s dig in a bit further. During the last 5-days, its volume was 1.79 million. That was inferior than the volume of 2.2 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 14.64%. Additionally, its Average True Range was 11.45.
During the past 100 days, Goldman Sachs Group, Inc’s (GS) raw stochastic average was set at 84.20%, which indicates a significant increase from 23.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.08% in the past 14 days, which was lower than the 31.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $552.80, while its 200-day Moving Average is $478.37. However, in the short run, Goldman Sachs Group, Inc’s stock first resistance to watch stands at $592.95. Second resistance stands at $600.86. The third major resistance level sits at $605.46. If the price goes on to break the first support level at $580.44, it is likely to go to the next support level at $575.84. Assuming the price breaks the second support level, the third support level stands at $567.93.
Goldman Sachs Group, Inc (NYSE: GS) Key Stats
There are currently 313,910K shares outstanding in the company with a market cap of 183.65 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 12,699 M and its income totaled 2,990 M.
