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Goldman Sachs (GS) Rises Higher Than Market: Key Facts
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In the latest close session, Goldman Sachs (GS - Free Report) was up +2.46% at $1,055.00. The stock outperformed the S&P 500, which registered a daily gain of 0.81%. Elsewhere, the Dow gained 0.27%, while the tech-heavy Nasdaq added 1.3%.
The investment bank's stock has climbed by 2.83% in the past month, falling short of the Finance sector's gain of 4.07% and outpacing the S&P 500's gain of 1.13%.
The investment community will be closely monitoring the performance of Goldman Sachs in its forthcoming earnings report. The company is scheduled to release its earnings on July 14, 2026. It is anticipated that the company will report an EPS of $14.47, marking a 32.63% rise compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $16.49 billion, up 13.1% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $60.44 per share and revenue of $64.75 billion, which would represent changes of +17.77% and +11.09%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Goldman Sachs. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 2.29% increase. Goldman Sachs currently has a Zacks Rank of #2 (Buy).
From a valuation perspective, Goldman Sachs is currently exchanging hands at a Forward P/E ratio of 17.04. This valuation marks a premium compared to its industry average Forward P/E of 14.49.
Also, we should mention that GS has a PEG ratio of 1.32. 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. As the market closed yesterday, the Financial - Investment Bank industry was having an average PEG ratio of 1.15.
The Financial - Investment Bank industry is part of the Finance sector. With its current Zacks Industry Rank of 99, this industry ranks in the top 41% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
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Goldman Sachs (GS) Rises Higher Than Market: Key Facts
In the latest close session, Goldman Sachs (GS - Free Report) was up +2.46% at $1,055.00. The stock outperformed the S&P 500, which registered a daily gain of 0.81%. Elsewhere, the Dow gained 0.27%, while the tech-heavy Nasdaq added 1.3%.
The investment bank's stock has climbed by 2.83% in the past month, falling short of the Finance sector's gain of 4.07% and outpacing the S&P 500's gain of 1.13%.
The investment community will be closely monitoring the performance of Goldman Sachs in its forthcoming earnings report. The company is scheduled to release its earnings on July 14, 2026. It is anticipated that the company will report an EPS of $14.47, marking a 32.63% rise compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $16.49 billion, up 13.1% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $60.44 per share and revenue of $64.75 billion, which would represent changes of +17.77% and +11.09%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Goldman Sachs. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 2.29% increase. Goldman Sachs currently has a Zacks Rank of #2 (Buy).
From a valuation perspective, Goldman Sachs is currently exchanging hands at a Forward P/E ratio of 17.04. This valuation marks a premium compared to its industry average Forward P/E of 14.49.
Also, we should mention that GS has a PEG ratio of 1.32. 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. As the market closed yesterday, the Financial - Investment Bank industry was having an average PEG ratio of 1.15.
The Financial - Investment Bank industry is part of the Finance sector. With its current Zacks Industry Rank of 99, this industry ranks in the top 41% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.