The trading price of Goldman Sachs Group, Inc. (NYSE:GS) floating higher at last check on Tuesday, July 16, closing at $503.72, 2.33% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 16.17. In examining the 52-week price action we see that the stock hit a 52-week high of $493.00 and a 52-week low of $289.36. Over the past month, the stock has gained 12.85% in value.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Goldman Sachs Group, Inc., whose market valuation is $162.43 billion at the time of this writing. The dividend yield on the company stock is 2.18%, while its Forward Dividend ratio is 11.00. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 8.37 per share this quarter, however they have predicted annual earnings per share of 36.35 for current year and 40.49 for next year.
Analysts have forecast the company to bring in revenue of 12.55B for the current quarter, with the likely lows of 11.54B and highs of 13.6B. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 51.05B.
On the technical side, indicators suggest GS has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 0.71, which symbolizes a positive outlook. A quick review shows that GS’s price is currently 8.73% off the SMA20 and 9.94% off the SMA50. The RSI metric on the 14-day chart is currently showing 76.89, and weekly volatility stands at 2.41%. When measured over the past 30 days, the indicator reaches 1.90%. Goldman Sachs Group, Inc. (NYSE:GS)’s beta value is currently sitting at 1.37, while the Average True Range indicator is currently displaying 9.59.
To see how Goldman Sachs Group, Inc. stock has been performing today in comparison to its peers in the industry, here are the numbers: GS stock’s performance was 2.33% at last check in today’s session, and 54.42% in the past year. Goldman Sachs Group, Inc. has a P/E ratio of 16.17.
An evaluation of the daily trading volume of Goldman Sachs Group, Inc. (NYSE:GS) indicates that the 3-month average is 2.28 million.
Currently, records show that 323.38 million of the company’s shares remain outstanding. The insiders hold 0.51% of outstanding shares, whereas institutions hold 75.03%. However, since the stock’s price has seen 30.57% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
