The Goldman Sachs Group (NYSE:GS) Announces Earnings Results

The Goldman Sachs Group (NYSE:GS) posted its earnings results on Thursday. The investment management company reported $14.01 EPS for the quarter, topping analysts’ consensus estimates of $11.52 by $2.49, Zacks reports. The Goldman Sachs Group had a return on equity of 15.29% and a net margin of 13.18%.

The Goldman Sachs Group Trading Down 0.6%

NYSE GS opened at $932.49 on Thursday. The stock has a market cap of $279.68 billion, a P/E ratio of 18.94, a P/E/G ratio of 0.99 and a beta of 1.33. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 2.53. The Goldman Sachs Group has a 12-month low of $439.38 and a 12-month high of $961.69. The company has a fifty day simple moving average of $861.31 and a two-hundred day simple moving average of $789.40.

Key Stories Impacting The Goldman Sachs Group

Here are the key news stories impacting The Goldman Sachs Group this week:

• Positive Sentiment: Market tailwind: U.S. futures and tech stocks are rebounding, putting broad upward pressure on bank and trading names including Goldman ahead of its earnings report. Stock Market Today
• Positive Sentiment: Potential deal fees: Goldman is reportedly working on Bitpanda’s potential Frankfurt IPO as one of the lead banks — any completed role would add investment banking fees and be a near-term positive catalyst. Bitpanda IPO report
• Positive Sentiment: Analyst revisions ahead of Q4: Several Wall Street analysts have updated forecasts ahead of GS’s Q4 print, implying some upward estimate movements that can support the stock if Goldman beats or guides positively. Forecast changes ahead of Q4
• Neutral Sentiment: Earnings expectations: Street consensus expects Q4 EPS of about $11.6–$11.7 and revenue near $13.8B — these set clear beat/ miss benchmarks that will drive intraday moves when results arrive. CNBC earnings preview
• Neutral Sentiment: Analyst consensus = cautious: The average analyst rating on GS is “Hold,” signaling balanced expectations — good results could move the stock materially higher, but middling outcomes may leave shares muted. Analyst ratings summary
• Negative Sentiment: Regulatory risk to payments sector: Goldman research flagged that proposed credit-card reforms could create near-term risks for payments companies — increased market volatility in payments could pressure trading and advisory flows tied to that sector. Credit card regulation analysis

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Barclays increased their price objective on shares of The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. Wells Fargo & Company raised their price objective on shares of The Goldman Sachs Group from $855.00 to $970.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. Daiwa Capital Markets upped their target price on shares of The Goldman Sachs Group from $823.00 to $927.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 6th. Rothschild & Co Redburn raised their target price on shares of The Goldman Sachs Group from $608.00 to $748.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Finally, Keefe, Bruyette & Woods increased their price objective on shares of The Goldman Sachs Group from $870.00 to $971.00 and gave the company a “market perform” rating in a research note on Wednesday, December 17th. Five equities research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $849.61.

Institutional Investors Weigh In On The Goldman Sachs Group

A number of institutional investors and hedge funds have recently modified their holdings of the company. Talisman Wealth Advisors LLC increased its holdings in The Goldman Sachs Group by 3.6% in the 2nd quarter. Talisman Wealth Advisors LLC now owns 460 shares of the investment management company’s stock worth $326,000 after buying an additional 16 shares during the period. Graney & King LLC increased its stake in shares of The Goldman Sachs Group by 51.5% in the second quarter. Graney & King LLC now owns 50 shares of the investment management company’s stock worth $35,000 after acquiring an additional 17 shares during the period. Strategic Wealth Investment Group LLC raised its holdings in shares of The Goldman Sachs Group by 1.5% during the second quarter. Strategic Wealth Investment Group LLC now owns 1,545 shares of the investment management company’s stock worth $1,094,000 after purchasing an additional 23 shares during the last quarter. Yukon Wealth Management Inc. lifted its position in The Goldman Sachs Group by 1.2% during the third quarter. Yukon Wealth Management Inc. now owns 2,163 shares of the investment management company’s stock valued at $1,722,000 after purchasing an additional 25 shares during the period. Finally, Betterment LLC boosted its holdings in The Goldman Sachs Group by 4.7% in the third quarter. Betterment LLC now owns 622 shares of the investment management company’s stock valued at $495,000 after purchasing an additional 28 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

The Goldman Sachs Group Company Profile

The Goldman Sachs Group, Inc is a global investment banking and financial services firm headquartered in New York City. Founded in 1869 as a commercial paper business, the company has grown into a diversified financial institution that provides a broad range of services to corporations, financial institutions, governments and individuals. The firm is led by Chief Executive Officer David M. Solomon and operates across major financial centers worldwide.

Goldman Sachs’ core businesses include investment banking, global markets, asset and wealth management, and consumer banking.