A share price of The Goldman Sachs Group Inc. [GS] is currently trading at $323.88, up 1.27%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GS shares have lost -1.73% over the last week, with a monthly amount drifted -3.77%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
The Goldman Sachs Group Inc. experienced fluctuations in its stock price throughout the past year between $277.84 and $389.58. Currently, Wall Street analysts expect the stock to reach $389.04 within the next 12 months. The Goldman Sachs Group Inc. [NYSE: GS] shares were valued at $323.88 at the most recent close of the market. An investor can expect a potential return of 20.12% based on the average GS price forecast.
Analyzing the GS fundamentals
During the last quarter, The Goldman Sachs Group Inc. [NYSE:GS] saw sales of 14.94 billion, an improvement of 77.30%. A company’s income per employee is $232,186 while it generates $1,386,825 in revenue per employee. To continue investigating profitability, this company’s Return on Assets is posted at 0.78, Equity is 9.92, Total Capital is 2.29, and Invested Capital is 3.01. Taking a look at the Principal structure of this organization reveals enduring liabilities to the total capital at 79.88 and enduring liabilities to the whole assets at 32.27.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 320.06 points at the first support level, and at 316.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 326.44, and for the 2nd resistance point, it is at 329.00.
The Goldman Sachs Group Inc. [GS] reported earnings per share of $8.79 for its fiscal quarter that ended on 3/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $8.1/share, meaning a difference of $0.69 and a surprise factor of 8.50%. By comparison, the stated earnings for the previous quarter ended on 12/30/2022 were $3.32 per share as compared to estimates of $5.48 per share, a difference of -$2.16 representing a surprise of -39.40%.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.83, the price to book ratio is 1.08 and the P/E (TTM) ratio is 11.53.
Transactions by insiders
Insider trading has also been a hot topic recently, with 4 insiders purchasing 109,704 shares and 10 selling 66,019 shares in the past 3 months. Recent insider trading involved GOLDMAN SACHS GROUP INC, 10% Owner, that happened on May 08 when 24.82 million shares were sold. Chief Risk Officer, LEE BRIAN J completed a deal on May 02 to sell 3000.0 shares. Meanwhile, Chief Risk Officer LEE BRIAN J sold 3000.0 shares on May 02.