Goldman Sachs Group Inc (GS)

GS (NYSE:Financial Services) EQUITY
$140.38
neg -1.50
-1.00%
Today's Range: 138.20 - 141.23 | GS Avg Daily Volume: 3,097,700
Last Update: 06/27/16 - 12:57 PM EDT
Volume: 3,933,536
YTD Performance: -21.29%
Open: $140.07
Previous Close: $141.86
52 Week Range: $139.05 - $218.77
Oustanding Shares: 415,394,033
Market Cap: 63,414,053,078
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 6 6 5
Moderate Buy 1 1 1 1
Hold 5 5 5 7
Moderate Sell 0 0 0 0
Strong Sell 1 1 1 1
Mean Rec. 2.15 2.15 2.15 2.36
Latest Dividend: 0.65
Latest Dividend Yield: 1.70%
Dividend Ex-Date: 05/27/16
Price Earnings Ratio: 17.19
Price Earnings Comparisons:
GS Sector Avg. S&P 500
17.19 17.20 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-7.28% -33.84% -5.92%
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 (06/16) Qtr (09/16) FY (12/16) FY (12/17)
Average Estimate $3.25 $4.06 $14.60 $18.12
Number of Analysts 8 7 6 7
High Estimate $4.05 $4.64 $15.93 $20.16
Low Estimate $3.03 $3.83 $13.90 $17.00
Prior Year $4.75 $2.90 $18.67 $14.60
Growth Rate (Year over Year) -31.61% 40.10% -21.82% 24.11%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands

My Takeaways and Observations Real Money Pro($)

The U.S. dollar was unchanged. Crude oil was up a beaner to nearly $50 a barrel. Nat gas up two cents. Gold was up $4.40 to $1,247 but still in a downtrend. Agricultural commodities were on another tear: wheat +9.75, corn +9.00, soybean +7.00 and oats +6.00. Fertilizer stocks, such as Potash (POT), are responding. Bonds were weaker in price, higher in yield. iShares 20+ Year Treasury Bond ETF (TLT) was up nearly a buck. The yield of the 10-year U.S. note was up two-and-a-half basis points to 1.73%. The long bond was up by three basis points to 2.554%. The 2s/10s spread still is at 93 basis points. High yield prospered, with iShares iBoxx High-Yield Corporate Bond ETF (HYG) up 40 cents and SPDR Barclay High Yield Bond ETF (JNK) up 15 cents. Blackstone/GSO Strategic Credit Fund (BGB) hit another new high, rising 18 cents to $14.66. Banks rallied, but not intensely, perhaps because of continuing flat yield curve. Brokerages were stronger with Goldman Sachs (GS) up $2 (it got 250,000 summer intern applications!) Insurance stocks were firmer, with Lincoln National (LNC) up $1.10, or 2.5%; my long Hartford Financial Services Group (HIG) lagged, up only 15 cents. Old tech lagged with little price change. Biotech was up, with iShares Nasdaq Biotechnology ETF (IBB) rising more than $4 and led by Celgene (CELG). Acadia Pharmaceuticals (ACAD), a former biotech basket member, was up nearly 13%, or $4.60. I sold out of the space last week. Autos was up small. Retail was disappointing, with most in the space marginally higher or down. Home Depot (HD) and Lowe's (LOW) were low points Ag equipment was stronger, with Deere (DE) and Caterpillar (CAT) both up. Energy stocks surged, led by Schlumberger (SLB), up $3.50. Media was a noticeable underperformer, with Comcast (CMCSA) and Disney (DIS) flat. (T)FANG underperformed, with Alphabet (GOOGL) down almost $6 and Facebook (FB) barely higher. NOSH was mixed, with Nike (NKE) and Starbucks (SBUX) better but O'Reilly Automotive (ORLY) and HD lower. In individual stocks, POT was a highlight, up $1.20, perhaps on higher ag prices. Oaktree Capital Group (OAK) climbed $2.50 on a favorable Barron's article. Here are some value-added columns on our site today: Ben "Goldfinger" Cross likes gold.  "Diamond" James Gentile on what the rate of rate rise means for stocks.  Cramer and Mohr on the soft dollar benefits.  Rev asks does the market even care what Yellen says?   Jeremy LaKosh on the labor market.
Expectations for a rate hike should help the financials in this meandering market.
But it's not the auto-related stock to buy.
Cramer's Action Alerts PLUS is keeping Apple in the portfolio after Goldman Sachs slashes its price target and earnings estimates. 
The technical picture on GS points to a retest of the $150 area.
Shares of the online lender are surging on news that Citigroup may help restore investor confidence and put an end to a persistent selloff by investors.
The troubled online marketplace is encountering new hurdles as state regulators investigate lending practices.
Jewelry retailer brings in Goldman to tend to its credit portfolio.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar weakened. Crude oil rose by nearly a beaner to $49.50. Nat gas climbed a penny. Another weak day for gold, down $5.50 to $1223; I wrote upon the subject yesterday and previously. Agricultural commodities: wheat +2, corn +7, soybeans +31(!), oats +1. Lumber +5. Bonds fell. iShares 20+ Year Treasury Bond ETF (TLT) down half a beaner. The yield on the 10-year U.S. note was unchanged, with the yield at 1.86%. The long bond yield rose by two basis points to 2.67%. Municipals were flat and so were closed-end muni funds. The high-yield market was bid for. iShares iBoxx High Yield Corporate Bond ETF (HYG) up 15 cents and SPDR Barclays High Yield Bond ETF (JNK) up a nickel. Blackstone/GSO Strategic Credit Fund (BGB) was three cents higher and appears to be challenging the recent highs. Banks were the standout group despite no normalization in the yield curve. Insurance was broadly higher. My long, Hartford Financial Services Group (HIG), lagged -- I added. Brokerage stocks on fire. Morgan Stanley (MS) up 40 cents and Goldman Sachs (GS) up $4. Retail rallied after being sold off for weeks. Shorts Nordstrom (JWN) was up 20 cents and Foot Locker (FL) up 75 cents. Energy stocks followed the rise in crude oil. Schlumberger (SLB) was up $2. Old tech was led by an outsize gain in IBM (IBM), up $3, but Intel (INTC), Microsoft (MSFT) and Cisco (CSCO) all were stronger. Media lagged. Comcast (CMCSA) and Disney (DIS) were up only modestly. Staples were higher, but not materially so. Nevertheless, my Consumer Staples Select Sector SPDR Fund (XLP) short (Trade of the Week) is stinking up the joint. Agricultural equipment was strong, with Deere (DE) up 80 cents and Caterpillar (CAT) up $1.30. (T)FANG looks like it is being rotated out of. NOSH was lower, save O'Reilly Automotive (ORLY). CRABBY was led by Citigroup (C) but hurt by Alleghany (Y). In individual stocks, Apple (AAPL) continues its forceful move, up $1.75. It is now in my shorting range. Stay tuned. Potash (POT) recovered from yesterday's loss. Twitter (TWTR) had a dead-cat bounce. DuPont (DD), my large cap fav, looks like it has a mission at $70. My fav short, Coca-Cola (KO), is flat. Oaktree Capital Group (OAK) is better; I have been buying. Here are some valueable columns form Real Money Pro today: Jim "El Capitan" Cramer takes an opposite view of mine on banks. Hey, Mikey, he likes theme!  Rev Shark on lull lite.  Tim "Not Judy or Phil" Collins on investor sentiment, which I believe is fueling the market, in part, this week.  Another one on sentiment from Rev.  Jeremy LaKosh on Staples (SPLS). 

Recommended Reading Real Money Pro($)

Bloomberg has a good article today on Goldman Sachs (GS) and Morgan Stanley (MS) raising price targets and/or ratings on Tesla (TSLA) right around the time that the firms got underwriting business from the automaker.

Columnist Conversations

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