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Here's Why Goldman Sachs (GS) Gained But Lagged the Market Today
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In the latest close session, Goldman Sachs (GS - Free Report) was up +1.26% at $1,076.17. The stock fell short of the S&P 500, which registered a gain of 1.65% for the day. On the other hand, the Dow registered a gain of 0.92%, and the technology-centric Nasdaq increased by 3.07%.
Coming into today, shares of the investment bank had gained 12.05% in the past month. In that same time, the Finance sector gained 2.86%, while the S&P 500 gained 0.48%.
The upcoming earnings release of Goldman Sachs will be of great interest to investors. The company's earnings report is expected on July 14, 2026. The company's earnings per share (EPS) are projected to be $13.44, reflecting a 23.19% increase from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $15.75 billion, showing a 8.03% escalation compared to the year-ago quarter.
GS's full-year Zacks Consensus Estimates are calling for earnings of $59.08 per share and revenue of $63.69 billion. These results would represent year-over-year changes of +15.12% and +9.28%, respectively.
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. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Currently, Goldman Sachs is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, Goldman Sachs is presently being traded at a Forward P/E ratio of 17.99. This denotes a premium relative to the industry average Forward P/E of 14.32.
We can also see that GS currently has a PEG ratio of 1.38. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Financial - Investment Bank stocks are, on average, holding a PEG ratio of 1.09 based on yesterday's closing prices.
The Financial - Investment Bank industry is part of the Finance sector. This group has a Zacks Industry Rank of 88, putting it in the top 37% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
View the Zacks #1 Rank List
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Here's Why Goldman Sachs (GS) Gained But Lagged the Market Today
In the latest close session, Goldman Sachs (GS - Free Report) was up +1.26% at $1,076.17. The stock fell short of the S&P 500, which registered a gain of 1.65% for the day. On the other hand, the Dow registered a gain of 0.92%, and the technology-centric Nasdaq increased by 3.07%.
Coming into today, shares of the investment bank had gained 12.05% in the past month. In that same time, the Finance sector gained 2.86%, while the S&P 500 gained 0.48%.
The upcoming earnings release of Goldman Sachs will be of great interest to investors. The company's earnings report is expected on July 14, 2026. The company's earnings per share (EPS) are projected to be $13.44, reflecting a 23.19% increase from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $15.75 billion, showing a 8.03% escalation compared to the year-ago quarter.
GS's full-year Zacks Consensus Estimates are calling for earnings of $59.08 per share and revenue of $63.69 billion. These results would represent year-over-year changes of +15.12% and +9.28%, respectively.
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. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Currently, Goldman Sachs is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, Goldman Sachs is presently being traded at a Forward P/E ratio of 17.99. This denotes a premium relative to the industry average Forward P/E of 14.32.
We can also see that GS currently has a PEG ratio of 1.38. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Financial - Investment Bank stocks are, on average, holding a PEG ratio of 1.09 based on yesterday's closing prices.
The Financial - Investment Bank industry is part of the Finance sector. This group has a Zacks Industry Rank of 88, putting it in the top 37% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.