The Goldman Sachs Group Inc. (NYSE:GS) went down by -1.36% from its latest closing price compared to the recent 1-year high of $420.76. The company’s stock price has collected -1.62% of loss in the last five trading sessions. Press Release reported 11 hours ago that Nextiva Raises $200M from Goldman Sachs Asset Management at a $2.7B Valuation to Fuel Growth of Connected Communications
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 7.38 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 16 analysts out of 28 who provided ratings for The Goldman Sachs Group Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 9 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $425.09, which is $17.96 above the current price. GS currently public float of 335.29M and currently shorts hold a 1.33% ratio of that float. Today, the average trading volume of GS was 2.39M shares.
GS’s Market Performance
GS stocks went down by -1.62% for the week, with a monthly drop of -1.73% and a quarterly performance of 8.72%, while its annual performance rate touched 100.50%. The volatility ratio for the week stands at 1.89% while the volatility levels for the past 30 days are set at 1.70% for The Goldman Sachs Group Inc.. The simple moving average for the period of the last 20 days is -1.01% for GS stocks with a simple moving average of 19.47% for the last 200 days.
Analysts’ Opinion of GS
Many brokerage firms have already submitted their reports for GS stocks, with Keefe Bruyette repeating the rating for GS by listing it as a “Mkt Perform.” The predicted price for GS in the upcoming period, according to Keefe Bruyette is $391 based on the research report published on July 07th of the current year 2021.
Jefferies, on the other hand, stated in their research note that they expect to see GS reach a price target of $450. The rating they have provided for GS stocks is “Buy” according to the report published on June 09th, 2021.
UBS gave a rating of “Neutral” to GS, setting the target price at $340 in the report published on April 01st of the current year.
GS Trading at 3.24% 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 unable to rebound, for now settling with -4.06% of loss for the given period.
Volatility was left at 1.70%, however, over the last 30 days, the volatility rate increased by 1.89%, as shares sank -1.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.89% upper at present.
During the last 5 trading sessions, GS fell by -1.62%, which changed the moving average for the period of 200-days by +70.66% in comparison to the 20-day moving average, which settled at $407.57. In addition, The Goldman Sachs Group Inc. saw 53.08% 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:
- +30.06 for the present operating margin
The net margin for The Goldman Sachs Group Inc. stands at +17.89. The total capital return value is set at 3.05, while invested capital returns managed to touch 2.98. Equity return is now at value 22.60, with 1.60 for asset returns.
Based on The Goldman Sachs Group Inc. (GS), the company’s capital structure generated 461.35 points at debt to equity in total, while total debt to capital is 82.19. Total debt to assets is 38.05, with long-term debt to equity ratio resting at 269.04. Finally, the long-term debt to capital ratio is 42.33.
When we switch over and look at the enterprise to sales, we see a ratio of 10.18, with the company’s debt to enterprise value settled at 0.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.36.