Goldman Sachs Group, Inc (NYSE: GS) is -7.56% lower on its value in year-to-date trading and has touched a low of $414.85 and a high of $672.19 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GS stock was last observed hovering at around $519.99 in the last trading session, with the day’s gains setting it 9.32%.
Currently trading at $529.31, the stock is 2.62% and -5.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.04 million and changing 1.79% at the moment leaves the stock -3.18% off its SMA200. GS registered 31.02% gain for a year compared to 6-month gain of 0.15%. The firm has a 50-day simple moving average (SMA 50) of $565.3234 and a 200-day simple moving average (SMA200) of $546.3644.
The stock witnessed a -8.76% loss in the last 1 month and extending the period to 3 months gives it a -16.35%, and is 4.22% up 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 3.26% over the week and 4.95% over the month.
Goldman Sachs Group, Inc (GS) has around 46500 employees, a market worth around $164.50B and $120.09B in sales. Current P/E ratio is 12.28 and Fwd P/E is 10.55. Profit margin for the company is 11.81%. Distance from 52-week low is 27.59% and -21.26% from its 52-week high. The company has generated returns on investments over the last 12 months (3.66%).
The EPS is expected to grow by 10.46% this year
3091.0 institutions hold shares in Goldman Sachs Group, Inc (GS), with institutional investors hold 74.73% of the company’s shares. The shares outstanding are 317.10M, and float is at 309.25M with Short Float at 1.30%. Institutions hold 74.32% of the Float.
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 8.5838 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 7.0225 of the shares outstanding. The other top investors are STATE STREET CORP which holds 19.43 million shares representing 5.8927 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
The most recent transaction is an insider purchase by HESS JOHN B, the company’s Director. SEC filings show that HESS JOHN B bought 3,904 shares of the company’s common stock on Apr 15 ’25 at a price of $511.68 per share for a total of $2.0 million. Following the purchase, the insider now owns 3904.0 shares.
Goldman Sachs Group, Inc disclosed in a document filed with the SEC on Feb 26 ’25 that SOLOMON DAVID M (Chairman of the Board and CEO) sold a total of 2,415 shares of the company’s common stock. The trade occurred on Feb 26 ’25 and was made at $622.15 per share for $1.5 million. Following the transaction, the insider now directly holds 0.12 million shares of the GS stock.
Still, SEC filings show that on Feb 26 ’25, SOLOMON DAVID M (Managing Director) Proposed Sale 2,415 shares at an average price of $614.91 for $1.49 million. The insider now directly holds shares of Goldman Sachs Group, Inc (GS).
