Goldman Sachs Group, Inc (NYSE:GS) shares, rose in value, with the stock price down by -0.82% to the previous day’s close as strong demand from buyers drove the stock to $634.28.
Actively observing the price movement in the recent trading, the stock is buoying the session at $639.50, falling within a range of $628.9599 and $637.8023. The value of beta (5-year monthly) is 1.342 whereas the PE ratio is 15.64 over 12-month period. Referring to stock’s 52-week performance, its high was $645.54, and the low was $374.24. On the whole, GS has fluctuated by 12.04% over the past month.
With the market capitalization of Goldman Sachs Group, Inc currently standing at about $199.11 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 11.50, with its dividend yield at 1.81%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 57.35B, with a low estimate of 14.08B and a high estimate of 15.93B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 15.05B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GS’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.69, with the price of GS currently trading nearly 6.91% and 7.29% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 68.73, while the 7-day volatility ratio is showing 2.22% which for the 30-day chart, stands at 2.15%. Furthermore, Goldman Sachs Group, Inc (GS)’s beta value is 1.39, and its average true range (ATR) is 14.03.
A comparison of Goldman Sachs Group, Inc (GS) with its peers suggests the former has fared considerably weaker in the market. GS showed an intraday change of -0.82% in today’s session so far, and over the past year, it grew by 66.58%%.
Data on historical trading for Goldman Sachs Group, Inc (NYSE:GS) indicates that the trading volumes over the past 10 days have averaged 3.07 and over the past 3 months, they’ve averaged 2.24 million. According to company’s latest data on outstanding shares, there are 322.90 million shares outstanding.
Nearly 0.46% of Goldman Sachs Group, Inc’s shares belong to company insiders and institutional investors own 73.82% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.55 million shares as on 2024-12-31, resulting in a short ratio of 2.45. According to the data, the short interest in Goldman Sachs Group, Inc (GS) stood at 146.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 5.05 million. The stock has risen by 10.77% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GS stock heading into the next quarter.
