Understanding Basic Stock Data: The Goldman Sachs Group, Inc. (GS)

In the past 52-week period, shares of The Goldman Sachs Group, Inc. (NYSE:GS) have moved within the range of $209.62 to $255.15. On the stock’s most recent trading day, the company’s shares ended the regular session at $248.33, which is 2.67% lower than its 52-week high.

The Goldman Sachs Group, Inc. (GS) has demonstrated a 20-day simple moving average (SMA) of 3.26%, and a 50-day SMA of 3.18%. This public company’s current market capitalization stands at $98.89 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Checking the amount of enthusiasm that Wall Street analysts hold for a particular stock is crucial when thinking about entering a position. According to the latest data, the consensus recommendation for The Goldman Sachs Group, Inc. (GS) is Hold.

Public companies normally post earnings and revenue results that fall somewhat above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Sep. 2017, The Goldman Sachs Group, Inc. (GS) delivered a 10.40% surprise with its net revenue. Sales reached $8.33 billion during the three-month period, compared to the average analyst estimate of $7.54 billion.

Meanwhile, during the same quarter The Goldman Sachs Group, Inc. (GS) delivered a 20.44% earnings surprise. Net earnings for the quarter were posted at $5.02 per share, whereas Wall Street had forecast $4.17 per share.

Ownership at The Goldman Sachs Group, Inc. (GS), According to Most Recent SEC Filings

A publicly-traded organization’s latest 13F filings tell us important details about its institutional ownership. The Goldman Sachs Group, Inc. (GS) has 0 billion shares outstanding currently, 74.08% of which belong to institutional investors. Those institutional holdings amount to $70.04 billion.

Additionally, according to the most recent 13F filing from The Goldman Sachs Group, Inc. (GS), there were 87 new positions totaling 3,301,467 shares of the company’s stock. There were 76 sold out positions, on the other hand, totaling 1,750,928 shares.

Short, Medium and Long Term Indicators

Assessing the average trade volume of a public company’s stock in the short, medium and long term is helpful to gain an understanding of trading activity and investor sentiment. The Goldman Sachs Group, Inc. (GS) has had a 20-day average volume of 2,790,815 shares, with an average of 40% of short term indicators pointed at Buy.

The stock’s 50-day average volume has been 2,659,200 shares, with an average of 100% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 2,776,465 shares with 100% of long-term indicators pointing to Buy.