Goldman Sachs Group, Inc. (NYSE: GS) has a price-to-earnings ratio of 15.21x that is above its average ratio. Additionally, the 36-month beta value for GS is 1.35. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 3 rating it as “overweight,” 15 rating it as “hold,” and 2 rating it as “sell.”
The public float for GS is 314.19M and currently, short sellers hold a 1.41% ratio of that float. The average trading volume of GS on October 23, 2024 was 1.97M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
GS) stock’s latest price update
Goldman Sachs Group, Inc. (NYSE: GS)’s stock price has soared by 0.10 in relation to previous closing price of 517.80. Nevertheless, the company has seen a loss of -0.78% in its stock price over the last five trading days. businesswire.com reported 2024-10-22 that LOS ANGELES–(BUSINESS WIRE)–Today, Goldman Sachs (NYSE: GS) is recognizing Michael D. Ratner, Founder and CEO of OBB Media, as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California Goldman Sachs selected Michael D. Ratner from multiple industries to be honored at the two-day event. Ratner is the Founder and CEO of OBB Media, a vertically integrated content studio defining how a new generation of viewers consumes programming. Ratner l.
GS’s Market Performance
GS’s stock has fallen by -0.78% in the past week, with a monthly rise of 4.20% and a quarterly rise of 6.49%. The volatility ratio for the week is 1.56% while the volatility levels for the last 30 days are 1.79% for Goldman Sachs Group, Inc. The simple moving average for the last 20 days is 2.33% for GS’s stock, with a simple moving average of 16.17% for the last 200 days.
Analysts’ Opinion of GS
Argus, on the other hand, stated in their research note that they expect to see GS reach a price target of $465. The rating they have provided for GS stocks is “Buy” according to the report published on April 16th, 2024.
Daiwa Securities gave a rating of “Outperform” to GS, setting the target price at $430 in the report published on March 14th of the current year.
GS Trading at 3.88% 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 -4.11% of loss for the given period.
Volatility was left at 1.79%, however, over the last 30 days, the volatility rate increased by 1.56%, as shares surge +4.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.76% upper at present.
During the last 5 trading sessions, GS fell by -0.78%, which changed the moving average for the period of 200-days by +34.12% in comparison to the 20-day moving average, which settled at $506.50. In addition, Goldman Sachs Group, Inc. saw 34.35% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GS starting from LEE BRIAN J, who sale 2,000 shares at the price of $530.98 back on Oct 17 ’24. After this action, LEE BRIAN J now owns 10,808 shares of Goldman Sachs Group, Inc., valued at $1,061,958 using the latest closing price.
LEE BRIAN J, the Chief Risk Officer of Goldman Sachs Group, Inc., sale 2,000 shares at $530.90 during a trade that took place back on Oct 17 ’24, which means that LEE BRIAN J is holding 10,095 shares at $1,061,800 based on the most recent closing price.
Stock Fundamentals for GS
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.81 for the gross margin
The net margin for Goldman Sachs Group, Inc. stands at 0.17. The total capital return value is set at 0.02. Equity return is now at value 10.22, with 0.74 for asset returns.
Based on Goldman Sachs Group, Inc. (GS), the company’s capital structure generated 0.85 points at debt to capital in total, while cash flow to debt ratio is standing at -0.0. The debt to equity ratio resting at 5.56. The interest coverage ratio of the stock is 0.3.
Currently, EBITDA for the company is 15.6 billion with net debt to EBITDA at 36.51. When we switch over and look at the enterprise to sales, we see a ratio of 11.99. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.48.
Conclusion
In conclusion, Goldman Sachs Group, Inc. (GS) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
