Is Goldman Sachs Group, Inc. (NYSE: GS) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that REZI Honored by Goldman Sachs for Entrepreneurship.

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

Stocks Info

Goldman Sachs Group, Inc. is listed on the NYSE in the Financial sector while operating in the Capital Markets industry. At the end of the last regular session, the stock closed at $377.18 and fluctuated between $380.20 as its day high and $374.13 as its day low. The current market capitalization of Goldman Sachs Group, Inc. is $123.00B. A total of 2.42 million shares were traded on the day, compared to an average of 2.22M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, GS has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 8,321 shares. Over the last 12 months, there were 11 BUYs and 24 SELLs from insiders. Insiders purchased 200,558 shares during that period but sold 144,346.

In the most recent transaction, GOLDMAN SACHS GROUP INC bought 157 shares of GS for 13.44 per share on Dec 22. After the transaction, the 10% Owner now owns 49,808,542 company shares. In a previous transaction on Dec 13, GOLDMAN SACHS GROUP INC sold 157 shares at 13.58 per share. GS shares that 10% Owner owns now total 49,808,484.

Among the insiders who sold shares, LESLIE ERICKA T disposed of 1,376 shares on Nov 21 at a per-share price of $335.15. This resulted in the Chief Administrative Officer holding 10,471 shares of GS after the transaction. In another insider transaction, GOLDMAN SACHS GROUP INC sold 72,874 shares at $0.71 per share on Nov 08. Company shares held by the 10% Owner now total 397,954.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Goldman Sachs Group, Inc. pays an annual dividend of $11.39, resulting in a dividend yield of 3.02%, and it has a price to earnings (P/E) ratio of 16.53. GS’s most recent ex-dividend date was 2/28/2024 when it declared a $2.75 quarterly dividend that was paid in cash on 3/28/2024. Previously, the company paid the dividend on 12/28/2023 with an ex-dividend date of 11/29/2023. The GS stock dividend was $2.75 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for GS in the last 3 months, the mean price target is $412.21 with high estimates of $493.00 and low estimates of $325.00. In terms of 52-week highs and lows, GS has a high of $389.47 and a low of $289.36.

As of this writing, GS has an earnings estimate of $8.91 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $10.32 per share and a lower estimate of $6.43. The company reported an EPS of $5.47 in the last quarter, which was 3.00% higher than expectations of $5.31.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $313.84, while its Total Shareholder’s Equity was $109.93B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GS is Buy with a score of 4.17.

Most Popular

Related Posts