Goldman Sachs Group Inc (GS)

GS (NYSE:Financial Services) EQUITY
$241.45
pos +5.89
+2.50%
Today's Range: 236.00 - 242.42 | GS Avg Daily Volume: 3,485,800
Last Update: 12/08/16 - 4:00 PM EST
Volume: 7,325,887
YTD Performance: 30.70%
Open: $236.88
Previous Close: $235.56
52 Week Range: $138.20 - $236.09
Oustanding Shares: 397,649,217
Market Cap: 92,008,075,829
6-Month Chart
TheStreet Ratings Grade for GS
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 6 5 6 5
Moderate Buy 2 1 1 1
Hold 8 8 7 7
Moderate Sell 0 0 0 0
Strong Sell 1 1 1 1
Mean Rec. 2.29 2.40 2.27 2.36
Latest Dividend: 0.65
Latest Dividend Yield: 1.12%
Dividend Ex-Date: 11/29/16
Price Earnings Ratio: 18.45
Price Earnings Comparisons:
GS Sector Avg. S&P 500
18.45 18.40 0.00
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
38.83% 26.99% 40.88%
GROWTH 12 Mo 3 Yr CAGR
Revenue -2.20 -0.10 -0.02
Net Income -28.20 -0.20 -0.07
EPS -28.90 -0.20 -0.05
Earnings for GS:
EBITDA 14.17B
Revenue 39.21B
Average Earnings Estimates
Qtr (12/16) Qtr (03/17) FY (12/16) FY (12/17)
Average Estimate $4.43 $4.59 $15.35 $18.11
Number of Analysts 8 3 6 7
High Estimate $5.80 $4.96 $15.86 $19.37
Low Estimate $3.94 $3.96 $14.75 $17.00
Prior Year $4.68 $2.68 $18.67 $15.35
Growth Rate (Year over Year) -5.40% 71.39% -17.78% 17.98%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands

My Takeaways and Observations Real Money Pro($)

The U.S dollar was quite strong. This will likely pressure multinational company profits. The price of crude oil rose by $1.05 to nearly $51 a barrel. Gold fell by $5 to $1,172.* Ag commodities: wheat down $0.08, corn down $0.04, soybeans $0.24, oats unchanged. Lumber down $6. Bonds pressured. The 10-year U.S. note yield rose by over 5 basis points and the long bond by 7 basis points. (The Generational Bottom in yields appears quite safe). The 2s/10s spread widened by 5 basis points to 129 basis points -- a new high. Good for financials with an imbalance of rate sensitive assets over liabilities. Municipals fell after a strong day on Wednesday, and closed end muni funds were broadly lower. Junk bonds were little changed. (Blackstone / GSO Strategic Credit Fund (BGB) down by $0.08 after recent strength.) Banks still the "world's fair." Insurance more of the same, higher. I added to HIG. Brokerages fab, led by Goldman Sachs (GS) , again. Retail was storng led by Urban Outfitters (URBN) , Kohl's (KSS) and Nordstrom's (JWN)  , JC Penney (JCP) inched higher. Old tech was mixed. I covered Cisco (CSCO) yesterday. Biotech was slightly higher but Celgene (CELG) and Gilead Sciences (GILD) were laggards. Big pharma can't get going. Consumer non-durables were lower. I added to CPB. Autos were flat after a sensational Wednesday. Media stronger, led by
With momentum this strong, lock in profits at your own peril.
The floodgates have opened for a lot of companies -- even for growing marijuana.
If you're already in, it's great. The problem is getting in.
Who would want to sell short in this environment?
Sector rotations under the surface are much more volatile than what we see in the major indices.
The goal right now is to find the themes that are working and stick with them.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar has weakened considerably. The price of crude oil was down by about two bits to $51.45. Gold fell by another $4 to $1,174. Ag commodities got a lift: wheat up $0.04, corn up $0.11, soybeans up $0.16, oats down $0.15. Lumber down $2. Bonds, the object of my affection today ("Trade of the Week"), reversed from early morning lows. After yields rose by more than 4 basis points on the 10-year, the close was relatively flat. TLT slipped $1.20 from Friday's close, ending the day slightly higher. Bravo! Municipal bonds sold off. But closed-end muni-bond funds got a lift (e.g., Eaton Vance Municipal Incm 2028 Term (ETX) and Blackrock Taxable Municipal Bond Trust (BBN) ) -- hard to explain why, though! The 2s/10s spread dropped by two basis points to 127 basis points. Banks, stated simply, are continuing to be the "world's fair" -- regardless of what rates do. Short Bank of America (BAC) , Citigroup (C) and JP Morgan Chase (JPM) (all small). Brokerages bullish -- led by Goldman Sachs (GS) (on a late HSBC (HSBC) buy upgrade today, seriously??!!!). But insurance lagged, though my long Hartford Financial (HIG) was modestly higher. Auto stocks stalled. I am still small short General Motors (GM) and Ford (F) . Retail was stronger -- with upside leadership from Nordstrom (JWN)  , Best Buy (BBY)  , Foot Locker (FL)  , Nike (NKE) and Urban Outfitters (URBN) . JC Penney (JCP)
A month after the election, we seem to be chipping away at the supposed winners.

Be Wary of Goldman Sachs Real Money Pro($)

If you own GS, consider taking profits. If you don't, it appears to be too late to jump on board.

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