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The closing price of Goldman Sachs Group, Inc. (NYSE: GS) was $478.89 for the day, up 1.28% from the previous closing price of $472.83. In other words, the price has increased by $1.28 from its previous closing price. On the day, 1.91 million shares were traded. GS stock price reached its highest trading level at $479.86 during the session, while it also had its lowest trading level at $469.85.
Ratios:
Our analysis of GS’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 5.60 whereas as Long-Term Debt/Eq ratio is at 1.84.
On April 16, 2024, Argus Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $465.
Daiwa Securities Upgraded its Neutral to Outperform on March 14, 2024, whereas the target price for the stock was revised from $410 to $430.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 13 ’24 when GOLDMAN SACHS GROUP INC sold 4,000,000 shares for $6.34 per share. The transaction valued at 25,360,000 led to the insider holds 12,981,022 shares of the business.
ROGERS JOHN F.W. sold 8,356 shares of GS for $3,896,459 on May 16 ’24. The Executive Vice President now owns 64,030 shares after completing the transaction at $466.31 per share. On May 16 ’24, another insider, ROGERS JOHN F.W., who serves as the Executive Vice President of the company, sold 6,438 shares for $466.17 each. As a result, the insider received 3,001,198 and left with 17,107 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GS now has a Market Capitalization of 154424311808 and an Enterprise Value of -153335824384. As of this moment, Goldman’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.70, and their Forward P/E ratio for the next fiscal year is 11.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.32 while its Price-to-Book (P/B) ratio in mrq is 1.45. Its current Enterprise Value per Revenue stands at -3.282.
Stock Price History:
The Beta on a monthly basis for GS is 1.37, which has changed by 0.4570099 over the last 52 weeks, in comparison to a change of 0.24919295 over the same period for the S&P500. Over the past 52 weeks, GS has reached a high of $479.30, while it has fallen to a 52-week low of $289.36. The 50-Day Moving Average of the stock is 5.53%, while the 200-Day Moving Average is calculated to be 23.71%.
Shares Statistics:
GS traded an average of 2.32M shares per day over the past three months and 2342030 shares per day over the past ten days. A total of 323.38M shares are outstanding, with a floating share count of 320.81M. Insiders hold about 0.51% of the company’s shares, while institutions hold 74.89% stake in the company. Shares short for GS as of 1718323200 were 5325070 with a Short Ratio of 2.29, compared to 1715731200 on 6179666. Therefore, it implies a Short% of Shares Outstanding of 5325070 and a Short% of Float of 1.66.
Dividends & Splits
With its trailing 12-month dividend rate of 10.75, GS has a forward annual dividend rate of 11.00. Against a Trailing Annual Dividend Yield of 0.022735445The stock’s 5-year Average Dividend Yield is 2.27.
