For its first fiscal quarter (ending March 31), The Goldman Sachs Group Inc (NYSE: GS) has reported E.P.S. of $11.67 compared to $8.87 a year ago. For the latest four quarters through March 31, E.P.S. were $25.80 versus $28.38 for the same period a year ago.
Recent Price Action
The Goldman Sachs Group Inc (NYSE: GS) stock closed at $400.88 on 4/15/24 after a large increase of 2.9%. Moreover, this advance was accompanied by exceptionally high trading volume at 274% of normal. The stock has declined -1.8% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
GS is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Goldman Sachs Group has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Goldman Sachs Group has a good Power Rating of 81 and a very high Appreciation Score of 97, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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