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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Goldman Sachs Group ( GS) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole closed the day down 2.5%. By the end of trading, Goldman Sachs Group fell $6.15 (-3.8%) to $155.41 on heavy volume. Throughout the day, 6,426,304 shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 3,843,800 shares. The stock ranged in price between $154.84-$159.99 after having opened the day at $159.15 as compared to the previous trading day's close of $161.56. Other companies within the Financial Services industry that declined today were: Noah Holdings ( NOAH), down 14.9%, WisdomTree Investments ( WETF), down 12.0%, Global X Silver Miners ETF ( SIL), down 11.4% and Siebert Financial Corporation ( SIEB), down 8.0%.
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The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Goldman Sachs Group has a market cap of $75.3 billion and is part of the financial sector. The company has a P/E ratio of 11.3, below the S&P 500 P/E ratio of 17.7. Shares are up 26.7% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Goldman Sachs Group a buy, 1 analyst rates it a sell, and 16 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 solid stock price performance, growth in earnings per share, attractive valuation levels, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, SP Bancorp ( SPBC), down 2.9%, Investors Capital Holdings ( ICH), down 2.0%, THL Credit ( TCRD), down 1.9% and FXCM ( FXCM), down 1.7%.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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