Trade-Ideas: Goldman Sachs Group (GS) Is Today's Pre-Market Leader Stock
- GS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $380.2 million.
- GS traded 22,750 shares today in the pre-market hours as of 7:38 AM.
- GS is up 2.7% today from Friday's close.
EXCLUSIVE OFFER: Get the inside scoop on opportunities in GS with the Ticky from Trade-Ideas. See the FREE profile for GS NOW at Trade-Ideas More details on GS: The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. The stock currently has a dividend yield of 1.4%. GS has a PE ratio of 10.8. Currently there are 2 analysts that rate Goldman Sachs Group a buy, 1 analyst rates it a sell, and 12 rate it a hold. The average volume for Goldman Sachs Group has been 2.5 million shares per day over the past 30 days. Goldman Sachs Group has a market cap of $73.1 billion and is part of the financial sector and financial services industry. The stock has a beta of 1.97 and a short float of 1.4% with 3.88 days to cover. Shares are down 7% year-to-date as of the close of trading on Friday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates Goldman Sachs Group as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Highlights from the ratings report include:
- 44.86% is the gross profit margin for GOLDMAN SACHS GROUP INC which we consider to be strong. It has increased from the same quarter the previous year. Along with this, the net profit margin of 18.67% is above that of the industry average.
- Net operating cash flow has increased to -$4,221.00 million or 25.92% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 15.20%.
- GS, with its decline in revenue, slightly underperformed the industry average of 5.1%. Since the same quarter one year prior, revenues slightly dropped by 7.5%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
- In its most recent trading session, GS has closed at a price level that was not very different from its closing price of one year earlier. This is probably due to its weak earnings growth as well as other mixed factors. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
- You can view the full Goldman Sachs Group Ratings Report.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV