Goldman Sachs Group, Inc (NYSE: GS) has seen a rise in its stock price by 0.41 in relation to its previous close of 603.03. However, the company has experienced a 4.15% gain in its stock price over the last five trading sessions. marketwatch.com reported 2024-11-26 that With stock prices of Goldman Sachs Group Inc. and Morgan Stanley both outperforming the S&P 500 handily on optimism in the banking sector, HSBC analyst Saul Martinez downgraded shares of both financial firms to neutral from buy.
Is It Worth Investing in Goldman Sachs Group, Inc (NYSE: GS) Right Now?
Goldman Sachs Group, Inc (NYSE: GS) has a higher price-to-earnings ratio of 17.77x compared to its average ratio. GS has 36-month beta value of 1.37. Analysts have mixed views on the stock, with 8 analysts rating it as a “buy,” 6 as “overweight,” 15 as “hold,” and 2 as “sell.”
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The public float for GS is 312.45M, and currently, short sellers hold a 1.45% ratio of that float. The average trading volume of GS on November 27, 2024 was 2.03M shares.
GS’s Market Performance
The stock of Goldman Sachs Group, Inc (GS) has seen a 4.15% increase in the past week, with a 15.65% rise in the past month, and a 20.30% gain in the past quarter. The volatility ratio for the week is 2.16%, and the volatility levels for the past 30 days are at 2.14% for GS. The simple moving average for the past 20 days is 5.33% for GS’s stock, with a 29.17% simple moving average for the past 200 days.
Analysts’ Opinion of GS
Argus gave a rating of “Buy” to GS, setting the target price at $465 in the report published on April 16th of the current year.
GS Trading at 13.34% 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 -0.95% of loss for the given period.
Volatility was left at 2.14%, however, over the last 30 days, the volatility rate increased by 2.16%, as shares surge +15.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.75% upper at present.
During the last 5 trading sessions, GS rose by +4.15%, which changed the moving average for the period of 200-days by +54.21% in comparison to the 20-day moving average, which settled at $574.87. In addition, Goldman Sachs Group, Inc saw 56.96% 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 ROGERS JOHN F.W., who sale 4,975 shares at the price of $602.41 back on Nov 11 ’24. After this action, ROGERS JOHN F.W. now owns 12,132 shares of Goldman Sachs Group, Inc, valued at $2,996,975 using the latest closing price.
Montag Thomas K., the Director of Goldman Sachs Group, Inc, sale 10,000 shares at $594.96 during a trade that took place back on Nov 12 ’24, which means that Montag Thomas K. is holding 2,450 shares at $5,949,640 based on the most recent closing price.
Stock Fundamentals for GS
Current profitability levels for the company are sitting at:
- 0.32 for the present operating margin
- 0.66 for the gross margin
The net margin for Goldman Sachs Group, Inc stands at 0.24. The total capital return value is set at 0.01. Equity return is now at value 10.21, with 0.74 for asset returns.
Based on Goldman Sachs Group, Inc (GS), the company’s capital structure generated 0.74 points at debt to capital in total, while cash flow to debt ratio is standing at -0.04. The debt to equity ratio resting at 2.91. The interest coverage ratio of the stock is 0.23.
Currently, EBITDA for the company is 15.6 billion with net debt to EBITDA at 10.88. When we switch over and look at the enterprise to sales, we see a ratio of 7.59. The receivables turnover for the company is 0.31for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.26.
Conclusion
To put it simply, Goldman Sachs Group, Inc (GS) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others 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.
