The Goldman Sachs Group, Inc. (NYSE:GS) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Analysts rate Goldman Sachs a “Moderate Buy”: Of 24 analysts, nine recommend buying, two strongly recommend buying, 12 advise holding and one recommends selling. The average 12-month price target is $1,062.86.
• Goldman Sachs exceeded quarterly expectations, reporting $20.98 in EPS versus the $14.47 consensus and $20.34 billion in revenue versus $16.22 billion expected. Revenue increased 39.4% year over year.
• The company raised its quarterly dividend to $5.00 per share, or $20 annually, representing a 2.1% yield and a 30.87% payout ratio. Shares opened at $960.67, below their 50-day moving average and 52-week high.

The Goldman Sachs Group, Inc. (NYSE:GS - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the twenty-four research firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, twelve have given a hold recommendation, nine have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $1,062.8571.

A number of analysts recently weighed in on the stock. Morgan Stanley set a $1,145.00 price objective on shares of The Goldman Sachs Group in a research note on Wednesday, July 15th. Oppenheimer cut shares of The Goldman Sachs Group from a "market perform" rating to an "underperform" rating in a research report on Tuesday, June 30th. Keefe, Bruyette & Woods increased their price objective on shares of The Goldman Sachs Group from $1,050.00 to $1,130.00 and gave the company a "market perform" rating in a research note on Wednesday, July 15th. UBS Group lifted their price objective on shares of The Goldman Sachs Group from $1,120.00 to $1,150.00 and gave the company a "neutral" rating in a report on Monday, August 3rd. Finally, HSBC raised The Goldman Sachs Group from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 5th.

The Goldman Sachs Group Trading Up 2.0%

GS opened at $960.67 on Tuesday. The stock's fifty day moving average is $1,034.28 and its two-hundred day moving average is $979.23. The company has a market capitalization of $279.72 billion, a P/E ratio of 14.83, a PEG ratio of 0.96 and a beta of 1.29. The Goldman Sachs Group has a 52 week low of $740.01 and a 52 week high of $1,153.99. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 3.17.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last issued its earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, topping the consensus estimate of $14.47 by $6.51. The business had revenue of $20.34 billion during the quarter, compared to analysts' expectations of $16.22 billion. The Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%.The business's revenue for the quarter was up 39.4% compared to the same quarter last year. During the same period in the prior year, the business earned $10.91 EPS. Analysts forecast that The Goldman Sachs Group will post 68.58 earnings per share for the current year.

The Goldman Sachs Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be given a $5.00 dividend. This represents a $20.00 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Tuesday, September 1st. This is an increase from The Goldman Sachs Group's previous quarterly dividend of $4.50. The Goldman Sachs Group's payout ratio is presently 30.87%.

Trending Headlines about The Goldman Sachs Group

Here are the key news stories impacting The Goldman Sachs Group this week:

• Positive Sentiment: Goldman Sachs outperformed the broader market in the latest session, gaining 1.85% to close at $959.39. Goldman Sachs Rises Higher Than Market: Key Facts
• Positive Sentiment: Goldman Sachs was included among dividend stocks offering a combination of income, projected earnings growth and Moderate Buy analyst support, which may appeal to income-oriented investors. 5 Dividend Stocks That Combine Income, Earnings Growth, and Wall Street Support
• Positive Sentiment: Some coverage remains constructive after the stock’s recovery from its 52-week low, arguing that Goldman Sachs could continue to benefit from capital-markets activity and earnings growth despite trading below its peak. Should You Buy Goldman Sachs Stock After Its 26% Run-Up From Its 52-Week Low?
• Neutral Sentiment: Goldman Sachs strategists see substantial artificial-intelligence infrastructure spending, including as much as $1.4 trillion in U.S. hyperscaler capital expenditures by 2027. This supports the firm’s investment-banking and advisory opportunity, but also reflects a broader market theme rather than a direct earnings update. Goldman Sachs expects U.S. hyperscaler capex to reach $1.4T by 2027
• Negative Sentiment: Morgan Stanley maintained a Hold rating and $1,145 price target while citing a near-term earnings-per-share reduction and cost pressures, limiting the immediate upside case. Goldman Sachs: Near-Term EPS Cut and Cost Pressures Keep Risk-Reward Balanced
• Negative Sentiment: Momentum has weakened as GS tests its 200-day moving average, raising technical concerns after the shares fell significantly from their 52-week high. Goldman Sachs tests 200-day average as momentum weakens
• Negative Sentiment: Higher interest rates have pressured bank stocks as investors reassess the rally, creating a potentially unfavorable backdrop for Goldman Sachs and other financial firms. Fed Rate Hike Fails to Lift Bank Stocks as Market Reprices the Rally

Institutional Trading of The Goldman Sachs Group

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Turim 21 Investimentos Ltda. acquired a new position in shares of The Goldman Sachs Group during the first quarter valued at about $25,000. Strive Financial Group LLC boosted its stake in The Goldman Sachs Group by 316.7% in the 2nd quarter. Strive Financial Group LLC now owns 25 shares of the investment management company's stock worth $25,000 after purchasing an additional 19 shares in the last quarter. BOK Financial Private Wealth Inc. grew its position in The Goldman Sachs Group by 188.9% during the 2nd quarter. BOK Financial Private Wealth Inc. now owns 26 shares of the investment management company's stock worth $26,000 after purchasing an additional 17 shares during the last quarter. Steph & Co. purchased a new stake in The Goldman Sachs Group during the 1st quarter worth approximately $27,000. Finally, Lifetime Wealth Management P.C. acquired a new position in The Goldman Sachs Group during the 4th quarter valued at approximately $29,000. Hedge funds and other institutional investors own 71.21% of the company's stock.

The Goldman Sachs Group Company Profile

The Goldman Sachs Group, Inc NYSE: GS is a global financial services company that provides investment banking, securities, asset management and wealth management services to corporations, financial institutions, governments and individuals. The company is headquartered in New York City and serves clients across North America, Europe, Asia-Pacific and other international markets.

Through its Global Banking & Markets segment, Goldman Sachs advises clients on mergers and acquisitions, capital raising, restructuring and other strategic transactions.

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