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The closing price of Goldman Sachs Group, Inc. (NYSE: GS) was $491.71 for the day, up 1.03% from the previous closing price of $486.70. In other words, the price has increased by $1.03 from its previous closing price. On the day, 1.49 million shares were traded. GS stock price reached its highest trading level at $496.11 during the session, while it also had its lowest trading level at $483.23.
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 5.35 whereas as Long-Term Debt/Eq ratio is at 1.97.
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 Jul 16 ’24 when Montag Thomas K. sold 10,000 shares for $505.04 per share. The transaction valued at 5,050,436 led to the insider holds 12,450 shares of the business.
VINIAR DAVID A sold 5,000 shares of GS for $2,512,125 on Jul 16 ’24. The Director now owns 618,425 shares after completing the transaction at $502.43 per share. On Jul 16 ’24, another insider, LEE BRIAN J, who serves as the Chief Risk Officer of the company, sold 3,500 shares for $505.99 each. As a result, the insider received 1,770,965 and left with 12,095 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 158558289920 and an Enterprise Value of 83918954496. As of this moment, Goldman’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.79, and their Forward P/E ratio for the next fiscal year is 11.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 1.716.
Stock Price History:
Over the past 52 weeks, GS has reached a high of $509.48, while it has fallen to a 52-week low of $289.36. The 50-Day Moving Average of the stock is 5.81%, while the 200-Day Moving Average is calculated to be 24.06%.
Shares Statistics:
GS traded an average of 2.23M shares per day over the past three months and 2644080 shares per day over the past ten days. A total of 323.38M shares are outstanding, with a floating share count of 320.84M. Insiders hold about 0.50% of the company’s shares, while institutions hold 75.60% stake in the company. Shares short for GS as of 1721001600 were 5534484 with a Short Ratio of 2.48, compared to 1718323200 on 5325070. Therefore, it implies a Short% of Shares Outstanding of 5534484 and a Short% of Float of 1.73.
Dividends & Splits
With its trailing 12-month dividend rate of 11.0, GS has a forward annual dividend rate of 11.00. Against a Trailing Annual Dividend Yield of 0.022601191The stock’s 5-year Average Dividend Yield is 2.27.
