GS

Goldman Sachs (GS) Sees 2.9% Gain – Is this Rally Built on Shaky Ground?

Goldman Sachs moved 2.9% this afternoon session, trading between a high of $338.25 and a low of $327.46 per share. Yesterday the stock finished at $327.2 per share, compared to an average analyst target price of $378.24.

The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. The large-cap investment bankers/brokers/service company is based in the United States, and over the last twelve months it has returned a dividend yield of 2.9%. Goldman Sachs has trailing twelve months earnings per share (EPS) of 28.08, which at today's prices amounts to a price to earnings (P/E) ratio of 12.0.

Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 1.19. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.

Overview of Goldman Sachs's Net Margins:

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2022-12-31 47,365,000 11,261,000 23.77 -34.81
2021-12-31 59,339,000 21,635,000 36.46 55.81
2020-12-31 40,419,000 9,459,000 23.4 -7.98
2019-12-31 33,294,000 8,466,000 25.43 n/a

Goldman Sachs's net margins are averaging 27.27% with a relatively high coefficient of variability of 22.7%. This level of profitability compares favorably with the Capital Markets industry's average net margin of 16.01%. The firm's net margins have been relatively stable, with a -1.7% growth rate over this period.

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.

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