Goldman Sachs (GS) Stock Drops Despite Market Gains: Important Facts to Note

01.03.24 23:45 Uhr

Werte in diesem Artikel
Aktien

375,15 EUR -6,40 EUR -1,68%

565,00 JPY -28,00 JPY -4,72%

Indizes

PKT PKT

37.986,4 PKT 211,0 PKT 0,56%

14.866,0 PKT 6,8 PKT 0,05%

2.348,7 PKT -30,0 PKT -1,26%

4.967,2 PKT -43,9 PKT -0,88%

The most recent trading session ended with Goldman Sachs (GS) standing at $388.10, reflecting a -0.24% shift from the previouse trading day's closing. This change lagged the S&P 500's daily gain of 0.8%. Elsewhere, the Dow saw an upswing of 0.23%, while the tech-heavy Nasdaq appreciated by 1.14%.Coming into today, shares of the investment bank had gained 1.35% in the past month. In that same time, the Finance sector gained 3.96%, while the S&P 500 gained 5.2%.Investors will be eagerly watching for the performance of Goldman Sachs in its upcoming earnings disclosure. The company's upcoming EPS is projected at $8.62, signifying a 1.93% drop compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $13.05 billion, showing a 6.75% escalation compared to the year-ago quarter.In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $32.86 per share and a revenue of $50.49 billion, indicating changes of +43.68% and +9.16%, respectively, from the former year.Investors might also notice recent changes to analyst estimates for Goldman Sachs. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 1.05% higher. Goldman Sachs currently has a Zacks Rank of #3 (Hold).Looking at valuation, Goldman Sachs is presently trading at a Forward P/E ratio of 11.84. This valuation marks a discount compared to its industry's average Forward P/E of 16.9.One should further note that GS currently holds a PEG ratio of 1.51. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Financial - Investment Bank industry currently had an average PEG ratio of 1.15 as of yesterday's close.The Financial - Investment Bank industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 39, which puts it in the top 16% of all 250+ industries.The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Goldman Sachs Group, Inc. (GS): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks

Ausgewählte Hebelprodukte auf Goldman Sachs

Mit Knock-outs können spekulative Anleger überproportional an Kursbewegungen partizipieren. Wählen Sie einfach den gewünschten Hebel und wir zeigen Ihnen passende Open-End Produkte auf Goldman Sachs

NameHebelKOEmittent
NameHebelKOEmittent
Werbung

Quelle: Zacks

Nachrichten zu Goldman Sachs

Analysen zu Goldman Sachs

DatumRatingAnalyst
16.01.2024Goldman Sachs BuyJefferies & Company Inc.
16.01.2024Goldman Sachs BuyUBS AG
17.10.2023Goldman Sachs Sector PerformRBC Capital Markets
17.10.2023Goldman Sachs OverweightJP Morgan Chase & Co.
17.10.2023Goldman Sachs BuyUBS AG
DatumRatingAnalyst
16.01.2024Goldman Sachs BuyJefferies & Company Inc.
16.01.2024Goldman Sachs BuyUBS AG
17.10.2023Goldman Sachs OverweightJP Morgan Chase & Co.
17.10.2023Goldman Sachs BuyUBS AG
25.01.2023Goldman Sachs OutperformCredit Suisse Group
DatumRatingAnalyst
17.10.2023Goldman Sachs Sector PerformRBC Capital Markets
18.01.2022Goldman Sachs NeutralUBS AG
13.07.2021Goldman Sachs Sector PerformRBC Capital Markets
19.01.2021Goldman Sachs Sector PerformRBC Capital Markets
14.10.2020Goldman Sachs Sector PerformRBC Capital Markets
DatumRatingAnalyst
19.10.2017Goldman Sachs SellSociété Générale Group S.A. (SG)
24.02.2017Goldman Sachs SellJoh. Berenberg, Gossler & Co. KG (Berenberg Bank)
10.01.2017Goldman Sachs SellCitigroup Corp.
06.05.2016Goldman Sachs SellSociété Générale Group S.A. (SG)
01.03.2016Goldman Sachs SellSociété Générale Group S.A. (SG)

Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für Goldman Sachs nach folgenden Kriterien zu filtern.

Alle: Alle Empfehlungen

Buy: Kaufempfehlungen wie z.B. "kaufen" oder "buy"
Hold: Halten-Empfehlungen wie z.B. "halten" oder "neutral"
Sell: Verkaufsempfehlungn wie z.B. "verkaufen" oder "reduce"