Goldman Sachs Group, Inc [GS] stock is trading at $605.92, up 6.02%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GS shares have gain 4.45% over the last week, with a monthly amount glided 2.42%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Goldman Sachs Group, Inc [NYSE: GS] stock has seen the most recent analyst activity on January 06, 2025, when UBS downgraded its rating to a Neutral but kept the price target unchanged to $610 for it. Previously, HSBC Securities downgraded its rating to Hold on November 26, 2024, and elevated its price target to $608. On July 02, 2024, downgrade downgraded it’s rating to Neutral. Argus upgraded its rating to a Buy but stick to its price target of $465 on April 16, 2024. Daiwa Securities upgraded its rating to a Outperform and raised its price target to $430 on March 14, 2024. In a note dated January 30, 2024, Morgan Stanley upgraded an Overweight rating on this stock and boosted its target price from $333 to $449.
Goldman Sachs Group, Inc [GS] stock has fluctuated between $372.07 and $612.73 over the past year. Currently, Wall Street analysts expect the stock to reach $552.75 within the next 12 months. Goldman Sachs Group, Inc [NYSE: GS] shares were valued at $605.92 at the most recent close of the market. An investor can expect a potential drop of -8.78% based on the average GS price forecast.
Analyzing the GS fundamentals
Goldman Sachs Group, Inc [NYSE:GS] reported sales of 126.09B for the trailing twelve months, which represents a growth of 8.11%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.33%, Pretax Profit Margin comes in at 0.3%, and Net Profit Margin reading is 0.24%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.1 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.9.
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 596.14 points at the first support level, and at 586.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 612.55, and for the 2nd resistance point, it is at 619.19.
Ratios To Look Out For
For context, Goldman Sachs Group, Inc’s Current Ratio is 1.48. Considering the valuation of this stock, the price to sales ratio is 1.51, the price to book ratio is 1.79 and price to earnings (TTM) ratio is 14.94.
Transactions by insiders
Recent insider trading involved SOLOMON DAVID M, Chairman of the Board and CEO, that happened on Nov 29 ’24 when 6550.0 shares were sold. Director, VINIAR DAVID A completed a deal on Nov 29 ’24 to sell 5000.0 shares. Meanwhile, Director VINIAR DAVID A bought 5000.0 shares on Nov 29 ’24.
