Barrons is reporting this morning: "Will we have a soft landing or hard landing? Is a productivity boom around the corner? How bad are the challenges besetting regional banks? These and other questions were top of mind for investment professionals at Goldman Sachs' RIA Professional Investment Forum late last week in New York." For full coverage click here. Goldman Sachs shares are stable, and are currently trading at $455.61.
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 Capital Markets company has moved 41.2% over the last year compared to 26.3% for the S&P 500 for a difference of 14.9%. The company recorded a 52 week high of $458.75 and a 52 week low of $289.36. Goldman Sachs has 44,400 full time employees and is based in New York, NY.
Investors rarely win by following headlines and chasing trends — unless they have a deep understanding of the fundamentals of each stock they invest in.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $32,849 | $32,184 | $39,809 | $52,869 | $39,687 | $39,903 |
| Interest Income (M) | $3,767 | $4,362 | $4,751 | $6,470 | $7,678 | $6,351 |
| Operating Margins | 38% | 33% | 31% | 51% | 34% | 27% |
| Net Margins | 32% | 26% | 24% | 41% | 28% | 21% |
| Net Income (M) | $10,459 | $8,466 | $9,459 | $21,635 | $11,261 | $8,516 |
| Depreciation & Amort. (M) | $1,328 | $1,704 | $1,902 | $2,015 | $2,455 | $4,856 |
| Diluted Shares (M) | 390 | 376 | 360 | 356 | 358 | 346 |
| Earnings Per Share | $25.27 | $21.03 | $24.74 | $59.45 | $30.06 | $22.87 |
| EPS Growth | n/a | -16.78% | 17.64% | 140.3% | -49.44% | -23.92% |
| Avg. Price | $208.66 | $186.15 | $192.48 | $346.59 | $319.27 | $456.05 |
| P/E Ratio | 8.17 | 8.79 | 7.72 | 5.75 | 10.5 | 19.79 |
| Free Cash Flow (M) | $8,582 | $15,425 | -$24,844 | $1,631 | $4,960 | -$14,903 |
| CAPEX (M) | $7,982 | $8,443 | $6,309 | $4,667 | $3,748 | $2,316 |
