NYSE:GS

The Goldman Sachs Group - GS Stock Forecast, Price & News

$294.00

-7.97 (-2.64%)

(As of 09/26/2022 02:28 PM ET)

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Today's Range: $292.37
▼
$302.08
50-Day Range: $301.26
▼
$355.85
52-Week Range: $277.84
▼
$426.16

Volume: 102,145 shs
Average Volume: 2.73 million shs
Market Capitalization: $100.36 billion

P/E Ratio: 6.65
Dividend Yield: 3.31%
Price Target: $410.79

The Goldman Sachs Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 39.1% Upside
$410.79 Price Target
Short Interest: Healthy
1.47% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.60
Upright™ Environmental Score
News Sentiment: 0.21
Based on 41 Articles This Week
Insider Trading: Selling Shares
$23.41 M Sold Last Quarter
Proj. Earnings Growth: 13.58%
From $34.18 to $38.82 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.69 out of 5 stars

Finance Sector

11th out of 885 stocks

Security Brokers & Dealers Industry

2nd out of 26 stocks

4.3

Analyst's Opinion

Consensus Rating
The Goldman Sachs Group has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 8 buy ratings, 5 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $410.79, The Goldman Sachs Group has a forecasted upside of 39.1% from its current price of $295.24.
Amount of Analyst Coverage
The Goldman Sachs Group has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.47% of the outstanding shares of The Goldman Sachs Group have been sold short.
Short Interest Ratio / Days to Cover
The Goldman Sachs Group has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in The Goldman Sachs Group has recently decreased by 9.89%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
The Goldman Sachs Group pays a meaningful dividend of 3.31%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
The Goldman Sachs Group has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of The Goldman Sachs Group is 22.61%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, The Goldman Sachs Group will have a dividend payout ratio of 25.76% next year. This indicates that The Goldman Sachs Group will be able to sustain or increase its dividend.

2.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
The Goldman Sachs Group has received a 14.26% net impact score from Upright. Goldman Sachs seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Nutrition". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Market and investment data services", "Securities brokerage services", and "Commodity brokerage services" products. See details.
Environmental Sustainability
The Environmental Impact score for The Goldman Sachs Group is -0.60.

2.9

News and Social Media Coverage

News Sentiment
The Goldman Sachs Group has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 41 news articles for The Goldman Sachs Group this week, compared to 31 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 40 reddit mentions for The Goldman Sachs Group this week, compared to 32 mentions on an average week.
Search Interest
Only 90 people have searched for GS on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.
MarketBeat Follows
30 people have added The Goldman Sachs Group to their MarketBeat watchlist in the last 30 days. This is an increase of 3% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The Goldman Sachs Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $23,413,742.00 in company stock.
Percentage Held by Insiders
Only 0.57% of the stock of The Goldman Sachs Group is held by insiders.
Percentage Held by Institutions
69.08% of the stock of The Goldman Sachs Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

4.4

Earnings and Valuation

Earnings Growth
Earnings for The Goldman Sachs Group are expected to grow by 13.58% in the coming year, from $34.18 to $38.82 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of The Goldman Sachs Group is 6.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.36.
Price to Earnings Ratio vs. Sector
The P/E ratio of The Goldman Sachs Group is 6.68, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 155.84.
Price to Earnings Growth Ratio
The Goldman Sachs Group has a PEG Ratio of 0.69. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
The Goldman Sachs Group has a P/B Ratio of 1.00. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About The Goldman Sachs Group (NYSE:GS) Stock

The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through four segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. The company's Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and middle-market lending, relationship lending, and acquisition financing, as well as transaction banking services. This segment also offers underwriting services, such as equity underwriting for common and preferred stock and convertible and exchangeable securities; and debt underwriting for various types of debt instruments, including investment-grade and high-yield debt, bank and bridge loans, and emerging-and growth-market debt, as well as originates structured securities. Its Global Markets segment is involved in client execution activities for cash and derivative instruments; credit and interest rate products; and provision of equity intermediation and equity financing, clearing, settlement, and custody services, as well as mortgages, currencies, commodities, and equities related products. The company's Asset Management segment manages assets across various classes, including equity, fixed income, hedge funds, credit funds, private equity, real estate, currencies, and commodities; and provides customized investment advisory solutions, as well as invests in corporate, real estate, and infrastructure entities. Its Consumer & Wealth Management segment offers wealth advisory and banking services, including financial planning, investment management, deposit taking, and lending; private banking; and unsecured loans, as well as accepts saving and time deposits. The company was founded in 1869 and is headquartered in New York, New York.

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GS Stock News Headlines

September 21, 2022 | marketbeat.com

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