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Goldman Sachs (GS) Sees a More Significant Dip Than Broader Market: Some Facts to Know
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Goldman Sachs (GS - Free Report) ended the recent trading session at $710.93, demonstrating a -1.76% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.79%. Elsewhere, the Dow lost 0.94%, while the tech-heavy Nasdaq lost 0.92%.
Coming into today, shares of the investment bank had gained 17.86% in the past month. In that same time, the Finance sector gained 4.61%, while the S&P 500 gained 5.22%.
Investors will be eagerly watching for the performance of Goldman Sachs in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on July 16, 2025. The company is forecasted to report an EPS of $9.41, showcasing a 9.16% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $13.43 billion, indicating a 5.47% increase compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $44.17 per share and a revenue of $55.29 billion, representing changes of +8.95% and +3.33%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Goldman Sachs. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.54% lower. Goldman Sachs is currently a Zacks Rank #3 (Hold).
Looking at its valuation, Goldman Sachs is holding a Forward P/E ratio of 16.39. This valuation marks no noticeable deviation compared to its industry average Forward P/E of 16.39.
Also, we should mention that GS has a PEG ratio of 0.99. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Financial - Investment Bank industry had an average PEG ratio of 1.37 as trading concluded yesterday.
The Financial - Investment Bank industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 67, positioning it in the top 28% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Goldman Sachs (GS) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Goldman Sachs (GS - Free Report) ended the recent trading session at $710.93, demonstrating a -1.76% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.79%. Elsewhere, the Dow lost 0.94%, while the tech-heavy Nasdaq lost 0.92%.
Coming into today, shares of the investment bank had gained 17.86% in the past month. In that same time, the Finance sector gained 4.61%, while the S&P 500 gained 5.22%.
Investors will be eagerly watching for the performance of Goldman Sachs in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on July 16, 2025. The company is forecasted to report an EPS of $9.41, showcasing a 9.16% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $13.43 billion, indicating a 5.47% increase compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $44.17 per share and a revenue of $55.29 billion, representing changes of +8.95% and +3.33%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Goldman Sachs. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.54% lower. Goldman Sachs is currently a Zacks Rank #3 (Hold).
Looking at its valuation, Goldman Sachs is holding a Forward P/E ratio of 16.39. This valuation marks no noticeable deviation compared to its industry average Forward P/E of 16.39.
Also, we should mention that GS has a PEG ratio of 0.99. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Financial - Investment Bank industry had an average PEG ratio of 1.37 as trading concluded yesterday.
The Financial - Investment Bank industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 67, positioning it in the top 28% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.