The Goldman Sachs Group Inc. (NYSE:GS) went up by 3.58% from its latest closing price compared to the recent 1-year high of $320.56. The company’s stock price has collected 5.72% of gains in the last five trading sessions. MarketWatch.com reported 7 hours ago that Goldman Sachs Group Inc. stock rises Wednesday, outperforms market
Is It Worth Investing in The Goldman Sachs Group Inc. (NYSE :GS) Right Now?
The Goldman Sachs Group Inc. (NYSE:GS) scored a price-to-earnings ratio above its average ratio, recording 13.37 x from its present earnings ratio. Plus, the 36-month beta value for GS is at 1.49. Opinions of the stock are interesting as 17 analysts out of 27 who provided ratings for The Goldman Sachs Group Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 7 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $336.82, which is $3.63 above the current price. GS currently public float of 342.04M and currently shorts hold a 1.25% ratio of that float. Today, the average trading volume of GS was 3.04M shares.
GS’s Market Performance
GS stocks went up by 5.72% for the week, with a monthly jump of 16.82% and a quarterly performance of 48.04%, while its annual performance rate touched 51.94%. The volatility ratio for the week stands at 2.69% while the volatility levels for the past 30 days are set at 2.26% for The Goldman Sachs Group Inc.. The simple moving average for the period of the last 20 days is 11.35% for GS stocks with a simple moving average of 47.44% for the last 200 days.
Analysts’ Opinion of GS
Many brokerage firms have already submitted their reports for GS stocks, with Daiwa Securities repeating the rating for GS by listing it as a “Outperform.” The predicted price for GS in the upcoming period, according to Daiwa Securities is $300 based on the research report published on January 06th of the current year 2021.
Barclays, on the other hand, stated in their research note that they expect to see GS reach a price target of $362. The rating they have provided for GS stocks is “Overweight” according to the report published on January 04th, 2021.
Morgan Stanley gave a rating of “Underweight” to GS, setting the target price at $273 in the report published on November 30th of the previous year.
GS Trading at 17.65% from the 50-Day Moving Average
After a stumble in the market that brought GS to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 3.14% of gains for the given period.
Volatility was left at 2.26%, however, over the last 30 days, the volatility rate increased by 2.69%, as shares surge +17.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +35.29% upper at present.
During the last 5 trading sessions, GS rose by +5.72%, which changed the moving average for the period of 200-days by +78.35% in comparison to the 20-day moving average, which settled at $299.37. In addition, The Goldman Sachs Group Inc. saw 25.38% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GS
Current profitability levels for the company are sitting at:
- +29.72 for the present operating margin
The net margin for The Goldman Sachs Group Inc. stands at +17.68. The total capital return value is set at 3.07, while invested capital returns managed to touch 3.05. Equity return is now at value 6.00, with 0.40 for asset returns.
Based on The Goldman Sachs Group Inc. (GS), the company’s capital structure generated 458.33 points at debt to equity in total, while total debt to capital is 82.09. Total debt to assets is 37.83, with long-term debt to equity ratio resting at 251.19. Finally, the long-term debt to capital ratio is 39.74.
When we switch over and look at the enterprise to sales, we see a ratio of 7.29, with the company’s debt to enterprise value settled at 1.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.61.