Goldman Sachs Group Inc (GS): Today's Featured Financial Services Loser

Goldman Sachs Group ( GS) pushed the Financial Services industry lower today making it today's featured Financial Services loser. The industry as a whole closed the day down 0.4%. By the end of trading, Goldman Sachs Group fell $1.56 (-1.4%) to $113.77 on light volume. Throughout the day, 3.8 million shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of six million shares. The stock ranged in price between $112.77-$114.47 after having opened the day at $113.95 as compared to the previous trading day's close of $115.33. Other company's within the Financial Services industry that declined today were: Ameritrans Capital Corporation ( AMTC), down 29.5%, SGOCO Group ( SGOC), down 13.2%, Ampal-American Israel Corporation ( AMPL), down 4.8%, and Noah Holdings ( NOAH), down 4.4%.

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 $57.02 billion and is part of the financial sector. The company has a P/E ratio of 16.8, above the average financial services industry P/E ratio of 16.6 and below the S&P 500 P/E ratio of 17.7. Shares are up 27.5% year to date as of the close of trading on Tuesday. Currently there are eight analysts that rate Goldman Sachs Group a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Goldman Sachs Group as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, Security National Financial Corporation ( SNFCA), up 10.3%, Rodman & Renshaw Capital Group ( RODM), up 8.3%, Federal Agricultural Mortgage ( AGM), up 6.9%, and CIFC ( DFR), up 6.8%, were all gainers within the financial services industry with PHH Corporation ( PHH) being today's featured financial services industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry could consider Proshares Short Financials ( SEF).

null

More from Markets

Global Stocks Slide as Trump's New Trade War Salvo Ignites Fresh Concern

Global Stocks Slide as Trump's New Trade War Salvo Ignites Fresh Concern

Ackman Investment Buoys Lowe's; DraftKings Responds to FanDuel Merger -- ICYMI

Ackman Investment Buoys Lowe's; DraftKings Responds to FanDuel Merger -- ICYMI

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

Red Robin Slumps After Earnings Miss

Red Robin Slumps After Earnings Miss