Goldman Sachs Group, Inc (NYSE: GS) is 1.49% higher on its value in year-to-date trading and has touched a low of $381.42 and a high of $672.19 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GS stock was last observed hovering at around $605.26 in the last trading session, with the day’s loss setting it -24.12%.
Currently trading at $581.14, the stock is -8.72% and -5.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.04 million and changing -3.99% at the moment leaves the stock 8.94% off its SMA200. GS registered 49.37% gain for a year compared to 6-month gain of 13.93%.
The stock witnessed a -9.25% loss in the last 1 month and extending the period to 3 months gives it a -4.01%, and is -5.49% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.66% over the week and 2.72% over the month.
Goldman Sachs Group, Inc (GS) has around 46500 employees, a market worth around $181.34B and $126.36B in sales. Current P/E ratio is 14.33 and Fwd P/E is 11.23. Profit margin for the company is 10.70%. Distance from 52-week low is 52.36% and -13.55% from its 52-week high. The company has generated returns on investments over the last 12 months (4.02%).
with sales reaching $15.06B over the same period.The EPS is expected to grow by 14.67% this year, but quarterly earnings will post 7.17% year-over-year. Quarterly sales are estimated to grow 5.96% in year-over-year returns.
Goldman Sachs Group, Inc (GS) Top Institutional Holders
The shares outstanding are 310.65M, and float is at 310.49M with Short Float at 1.53%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 28.31 million shares valued at $12.8 billion. The investor’s holdings represent 8.4354% of the GS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 23.16 million shares valued at $$10.48 billion to account for 6.9011 of the shares outstanding. The other top investors are STATE STREET CORP which holds 19.43 million shares representing 5.7908% and valued at over $8.79 billion, while AUSTIN PRIVATE WEALTH, LLC holds 2.7289 of the shares totaling 9.0 million with a market value of $407.0.
Goldman Sachs Group, Inc (GS) Insider Activity
A total of 0 insider transactions have happened at Goldman Sachs Group, Inc (GS) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by SOLOMON DAVID M,the company’sChairman of the Board and CEO. SEC filings show that SOLOMON DAVID M sold 2,415 shares of the company’s common stock on Feb 26 ’25 at a price of $622.15 per share for a total of $1.5 million. Following the sale, the insider now owns 0.12 million shares.
Still, SEC filings show that on Feb 18 ’25, 2021 Lee Family GST Trust Proposed Sale 1,600 shares at an average price of $660.55 for $1.06 million. The insider now directly holds shares of Goldman Sachs Group, Inc (GS).
Goldman Sachs Group, Inc (GS): Who are the competitors?
The company’s main competitors (and peers) include Bank of America Corp. (BAC) that is trading 20.47% up over the past 12 months. Wells Fargo & Co. (WFC) that is 28.35% higher over the same period.
