Don't Judge Goldman Sachs on Technicals Alone - Check Its Fundamentals!

By Naomi Wentworth • Thursday, December 22 15:01 • Permanent Link

Large-cap Financial Services company Goldman Sachs has moved -2.0% so far today on a volume of 754,665, compared to its average of 2,429,257. In contrast, the S&P 500 index moved -2.1%.

Goldman Sachs trades -12.56% away from its average analyst target price of $392.64 per share. The 25 analysts following the stock have set target prices ranging from $300 to $512, and on average have given Goldman Sachs a rating of buy.

If you are considering an investment in GS, you'll want to know the following:

Goldman Sachs's current price is -32.5% below its Graham number of $508.47, which implies the stock has a margin of safety
Goldman Sachs has moved -9.1% over the last year, and the S&P 500 logged a change of -17.9%
Based on its trailing earning per share of 37.57, Goldman Sachs has a trailing 12 month Price to Earnings (P/E) ratio of 9.1 while the S&P 500 average is 15.97
GS has a forward P/E ratio of 9.2 based on its forward 12 month price to earnings (Eps) of $37.28 per share
The company has a price to earnings growth (PEG) ratio of -1.13 — a number near or below 1 signifying that Goldman Sachs is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 1.1 compared to its sector average of 1.95
The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide.
Based in New York, the company has 49,100 full time employees and a market cap of $116,260,175,872. Goldman Sachs currently returns an annual dividend yield of 2.4%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.