) pushed the Financial Services industry lower today making it today's featured Financial Services loser. The industry as a whole closed the day down 0.9%. By the end of trading, Goldman Sachs Group fell $2.41 (-2.6%) to $91.22 on average volume. Throughout the day, 4.1 million shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 5.5 million shares. The stock ranged in price between $90.66-$92.40 after having opened the day at $92.36 as compared to the previous trading day's close of $93.63. Other company's within the Financial Services industry that declined today were:
), down 9.4%,
), down 7.3%,
), down 5.8%, and
First Marblehead Corporation
), down 5.1%.
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The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as a range of financial services to corporations, financial institutions, governments and high-net-worth individuals worldwide. Goldman Sachs Group has a market cap of $46.19 billion and is part of the
sector. The company has a P/E ratio of 13.7, above the average financial services industry P/E ratio of 13.5 and below the S&P 500 P/E ratio of 17.7. Shares are up 3.7% year to date as of the close of trading on Friday. Currently there are seven analysts that rate Goldman Sachs Group a buy, one analyst rates it a sell, and 12 rate it a hold.
TheStreet Ratings rates Goldman Sachs Group as a
. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, growth in earnings per share and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, disappointing return on equity and a generally disappointing performance in the stock itself.
- You can view the full Goldman Sachs Group Ratings Report.
- Use our financial services section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider
) while those bearish on the financial services industry could consider
- Find other investment ideas from our top rated ETFs lists.