[at Forbes] – A study of analyst recommendations at the major brokerages shows that Goldman Sachs Group Incorporated (NYSE: GS) is the #29 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Within the broader S&P 500, when components were ranked in [...]
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The Goldman Sachs Group, Inc. (GS), with a current value of $74.63B, opened at $158.86.
Shares have traded today between $157.56 and $159.58 per share with its 52-week range being $113.84 to $170.00.
Goldman Sachs (GS) shares are currently priced at 10.43x this year’s forecasted earnings,
which makes them relatively inexpensive compared to the industry’s 15.78x earnings multiple for the same period.
And for those looking to make a return holding the stock, the company pays shareholders $2.00 per share annually in dividends, yielding 1.30% .
Consensus earnings for the current quarter by the 22 sell-side analysts covering the stock is an estimate of $2.58 per share, which would be $0.27 worse than the year-ago quarter but a $0.22 sequential decrease. The full-year EPS estimate is $15.17 which would be $1.04 better than last year’s full-year earnings.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $7.52 Billion. If reported, that would be a 9.94% decrease over the year-ago quarter.
UBS downgraded (GS) from Buy to Neutral (Sep 20, 2012).
Previously, JMP Securities downgraded (GS) from Mkt Outperform to Mkt Underperform. Oppenheimer downgraded (GS) from Outperform to Perform.
When considering if the stock is under or overvalued, the average price target is $164.14, which is 3.32% above where the stock opened this morning.
The Goldman Sachs Group Inc.(NYSE:GS), provides investment banking, securities, and investment management services, as well as financial services to corporations,
financial institutions, governments, and high-net-worth individuals worldwide.
Tag Helper ~ Stock Code: GS | Common Company name: Goldman Sachs | Full Company name: The Goldman Sachs Group Inc.(NYSE:GS) .