Trade-Ideas LLC identified

Goldman Sachs Group

(

GS

) as a pre-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified Goldman Sachs Group as such a stock due to the following factors:

  • GS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $554.1 million.
  • GS traded 12,022 shares today in the pre-market hours as of 7:58 AM.
  • GS is down 2% today from yesterday's close.

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More details on GS:

The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management company worldwide. It operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The stock currently has a dividend yield of 1.8%. GS has a PE ratio of 17. Currently there are 7 analysts that rate Goldman Sachs Group a buy, 1 analyst rates it a sell, and 5 rate it a hold.

The average volume for Goldman Sachs Group has been 3.1 million shares per day over the past 30 days. Goldman Sachs Group has a market cap of $61.5 billion and is part of the financial sector and financial services industry. The stock has a beta of 1.32 and a short float of 1.2% with 1.10 days to cover. Shares are down 15.3% year-to-date as of the close of trading on Thursday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Goldman Sachs Group as a

hold

. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.

Highlights from the ratings report include:

  • 39.87% is the gross profit margin for GOLDMAN SACHS GROUP INC which we consider to be strong. Regardless of GS's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 14.54% trails the industry average.
  • GS, with its decline in revenue, slightly underperformed the industry average of 24.4%. Since the same quarter one year prior, revenues fell by 33.6%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
  • GOLDMAN SACHS GROUP INC has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. The company has reported a trend of declining earnings per share over the past two years. However, the consensus estimate suggests that this trend should reverse in the coming year. During the past fiscal year, GOLDMAN SACHS GROUP INC reported lower earnings of $12.09 versus $17.07 in the prior year. This year, the market expects an improvement in earnings ($14.49 versus $12.09).
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed against the S&P 500 and did not exceed that of the Capital Markets industry. The net income has significantly decreased by 60.1% when compared to the same quarter one year ago, falling from $2,844.00 million to $1,135.00 million.
  • Current return on equity is lower than its ROE from the same quarter one year prior. This is a clear sign of weakness within the company. When compared to other companies in the Capital Markets industry and the overall market, GOLDMAN SACHS GROUP INC's return on equity is below that of both the industry average and the S&P 500.

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