It’s Not A Fantasy To Think That Goldman Sachs Group, Inc (GS) Has Big Future Potential

Goldman Sachs Group, Inc (NYSE:GS) currently has a daily average trading volume of 2.66M but it saw 1939191 shares traded in last market. With a market cap of 178.37B USD, the company’s current market price of $573.92 came falling about -2.05 while comparing to the previous closing price of $585.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $672.19 and as low as $387.12. In the recent trading on the day, stock has struck highest price mark of $571.0 while lowest mark touched by it was $592.415.

Taking a look at 20-day trading activity of Goldman Sachs Group, Inc (GS) gives us an average price of $566.52, while its current price level is -14.62% below from 52-week high level whereas it is 48.25% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $608.69 while that of 200 days or SMA-200 reads an average of $541.21. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.56% during that period while stretching the period over a month that increases to 3.24%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 47.65 which implies that the stock is in neutral territory.

Keefe Bruyette downgraded its recommendation for the stock as a “Mkt Perform” from “Outperform” on February 27, 2025 while assigning a price target range of $690-$660. UBS also issued its recommendations for the stock as it downgraded the price target for the stock is $610.

Over the week, GS’s stock price is moving 2.97% up while it is -6.67% when we observe its performance for the past one month. Year-to-date it is 0.23% up and over the past year, the stock is showing an upside performance of 41.07%.

The company is expected to be releasing its next quarterly report on 2025-Jan-14, for which analysts forecasted an EPS of 12.72 while estimate for next year EPS is 46.15. In next quarter, company is expected to be making quarterly sales of $13.89B as analysts are expecting the sales for current fiscal year at $56.86B and seeing the company making $59.73B in sales next year. Moreover, analysts are in estimates of $14.97B for current-quarter revenue.

Currently, Goldman Sachs Group, Inc’s total number of outstanding shares is 310.65M with 0.55% of that held by the insiders while 74.42% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 4.02% and return on equity (ROE) at 11.95%. It has a price to earnings ratio (P/E ratio) of 14.15 while having a 11.18 of forward P/E ratio. Stock’s beta reads 1.30. Stock has a price to book (P/B) ratio of 1.64 while price to sale or P/S ratio amounts to 1.41. Its return on asset (ROA) is 0.86% on average.