Goldman Sachs Group Inc (GS)

GS (NYSE:Financial Services) EQUITY
$228.55
pos +5.19
+2.32%
Today's Range: 225.24 - 229.20 | GS Avg Daily Volume: 3,348,100
Last Update: 12/05/16 - 4:00 PM EST
Volume: 4,586,289
YTD Performance: 23.93%
Open: $225.52
Previous Close: $223.36
52 Week Range: $138.20 - $227.16
Oustanding Shares: 397,649,217
Market Cap: 90,119,242,049
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: 1.15%
Dividend Ex-Date: 11/29/16
Price Earnings Ratio: 18.07
Price Earnings Comparisons:
GS Sector Avg. S&P 500
18.07 18.00 0.00
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
32.03% 17.40% 31.60%
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 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.

A Shopping List Real Money Pro($)

While I see many stocks with attractive reward vs. risk, they reside mostly on the short side.   Some stocks I plan to short on any …
Buy the cheap stuff while waiting for the good stuff to go on sale.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar weakened. The price of crude oil rallied for a second day in a row, rising $1.50 to almost $51. Gold flat, no bounce. Agricultural commodities: Wheat up $0.07, corn down $0.05, soybean unchanged, oats up $0.05. Lumber up $1. Bonds got schmeissed but traded well off the day's lows (as the 10-year yield touched 2.5%). The 10-year and long-bond yields rose by 9 basis points. The 2s/10s spread rose by another 5 basis points to 130 basis points. Muncipals were lower. Junk bonds got hit badly, despite the rise in crude oil. Blackstone / GSO Strategic Credit Fund (BGB)  rose $0.08. Banks were powerful to the upside. I reshorted at reasonably good prices in the afternoon, after covering my small rental shorts in pre-market trading earlier. Insurance stocks flew. Long Hartford Financial (HIG)  , which rose. Brokerages so strong -- Morgan Stanley (MS) and Goldman Sachs (GS) (up $7). Retail was strong led by Target (TGT) , Foot Locker (FL) , Nike (NKE) and JC Penney (JCP) (long). Autos were the "world's fair." I still have tag end short positions. I expect the upside move to get over-done short term, and I will reload on the short side. Energy stocks up, but small relative to the commodity. Old tech was clobbered. International Business Machines (IBM) , Intel (INTC) , Cisco (CSCO) (short and working nicely) and Microsoft (MSFT) got bashed along with the entire sector. Biotech was down 2%. Allergan (AGN) and Gilead Sciences (GILD) were weak. New lows Vertex Pharmaceuticals (VRX) . Spec weak again (Portula Pharmaceuticals (PTLA) , Sage (SAGE) , Intrexon (XON) , FibroGen (FGEN) , ACADIA Pharmaceuticals (ACAD)  . Big pharma hurtin' badly, once more. Merck (MRK) , Bristol-Myers Squibb (BMY) and Eli Lilly (LLY) being liquidated, much like tech. Media mixed message. Disney (DIS) lower. Ag equipment: Deere (DE) up large on an upgrade, though Caterpillar (CAT) still experiencing weak fundies. Consumer staples broadly lower. Campbell Soup (CPB) excelled on a relative basis, though. (T)FANG a source of funds. Tesla (TSLA) , Facebook (FB) , Amazon (AMZN) and Alphabet (GOOGL) a collective mess. In individual stocks: DuPont (DD) , new high. Radian (RDN) up another up 2%. Oaktree Capital (OAK) not so mighty. Apple hit. Here are some value-added contributions on the site today: 1. Jim "El Capitan" Cramer on " Not What Bulls Wanted to See ."  2. "Meet" Brett Jensen on rotation.  3. Tim "Not Judy or Phil" Collins
Whether you're a pro or 'enthusiast,' this should get your primary attention.

My Questions of the Day Real Money Pro($)

Does anyone know what the rules around this were/ares? Does the individual have to own public company securities? Any assets that might create a conflict of interest? Can Wilbur Ross and Steve Mnuchin liquidate all of their holdings tax-free? I will ask Sir Larry Kudlow -- he surely will know the answer!  Stay tuned.
As the largest "owner" of deferred tax assets generated during the past financial crisis, Citigroup (C) is the most vulnerable bank to the likely introduction of lower corporate tax rates.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar strengthened, a continuing headwind for companies that derive much from non-U.S. territories and regions. The price of crude oil +$3.85 on the OPEC agreement -- a feature of today's trading session. Gold down $15 to $1,175. Ag commodities: wheat down $0.06, corn down $0.01, soybeans down $0.10 (finally correcting the big advance) and oats up $0.01. Lumber up $1. Bonds got taken to the woodshed. The yield on the 10-year U.S. note rose by eight basis points and the long end climbed by a like amount. The 2s/10s spread widened by six bps to 128 basis points. Municipals got hit. Large losses, again in closed-end muni bond funds. Stay away!  High yield was modestly higher in price and lower in yield. Blackstone / GSO Strategic Credit Fund (BGB)  down $0.02 cents. Banks responded to rising rates and a steeper yield curve. I am still in my short rental in Citigroup (C) , JP Morgan Chase (JPM) and Bank of America (BAC) . Brokerages were the "world's fair" as the Mnuchin hire (former Goldman partner) as Treasury secretary kindled the animal spirits in Morgan Stanley (MS) and Goldman Sachs (GS) . Insurance companies prospered. Long Hartford Financial (HIG) recovered. Berkshire Hathaway (BRK.A) , lagged. Auto stocks were weak. See Peak Autos and disarray in auto lending markets.  Energy stocks exploded. Retail was conspicuously weaker with only Best Buy (BBY) on my screen, higher in share price. JC Penney (JCP) off only by a nickel. (I am bidding $9ish for JCP). Target (TGT) , Walmart (WMT) and Coach (COH) downside leaders. Old tech was noticeably weak - International Business Machines (IBM) , a downside feature. Consumer staples were weaker and my fav short in the sector, Coca-Cola (KO) was down 2% at a new y

Columnist Conversations

BC is moving well today.  Shares are up over 3.5% on fairly heavy trade and are trading at new 2016 highs...
Markets taking the latest rejection of the status quo in Italy in stride as the reforms were expected to lose ...
Merck continues to retreat from November's failed breakout.  Back on 9th and 10th of last month the stock...
Trifecta Stocks name Disney is bumping up to the 100 area hereon some good turnover and bullish flow today (an...

REAL MONEY'S BEST IDEAS

News Breaks

Powered by

BROKERAGE PARTNERS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.