EPS for The Goldman Sachs Group, Inc. (GS) Expected At $5.80

September 15, 2018 - By Catherine Diaz

The Goldman Sachs Group, Inc. (NYSE:GS) LogoInvestors sentiment decreased to 1.03 in 2018 Q2. Its down 0.13, from 1.16 in 2018Q1. It fall, as 88 investors sold The Goldman Sachs Group, Inc. shares while 354 reduced holdings. 89 funds opened positions while 366 raised stakes. 257.97 million shares or 3.02% less from 266.01 million shares in 2018Q1 were reported.
Boston Private Wealth Limited Co holds 0.04% or 5,295 shares in its portfolio. Renaissance Technologies Llc holds 0.03% or 98,200 shares in its portfolio. The Sweden-based Swedbank has invested 0.62% in The Goldman Sachs Group, Inc. (NYSE:GS). Next Fincl Grp stated it has 0.18% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Canandaigua National Bank & Trust Communications has invested 0.48% in The Goldman Sachs Group, Inc. (NYSE:GS). Zurcher Kantonalbank (Zurich Cantonalbank) reported 0.17% stake. Brinker invested in 16,470 shares. 4,006 were accumulated by Pinnacle Financial Prtnrs. Caxton Assocs Limited Partnership reported 5,136 shares stake. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys holds 0.11% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS) for 36,772 shares. National Bank Of The Ozarks accumulated 0.4% or 4,584 shares. Wolverine Asset Mngmt Limited Com owns 13,861 shares. Massmutual Fsb Adv accumulated 0% or 9,078 shares. Art Advsr Limited Liability Corp reported 14,600 shares. Fjarde Ap, Alabama-based fund reported 101,964 shares.

Since May 14, 2018, it had 0 buys, and 2 insider sales for $2.80 million activity.

Analysts expect The Goldman Sachs Group, Inc. (NYSE:GS) to report $5.80 EPS on October, 16.They anticipate $0.78 EPS change or 15.54 % from last quarter’s $5.02 EPS. GS’s profit would be $2.19B giving it 9.88 P/E if the $5.80 EPS is correct. After having $5.98 EPS previously, The Goldman Sachs Group, Inc.’s analysts see -3.01 % EPS growth. The stock increased 0.40% or $0.91 during the last trading session, reaching $229.24. About 2.23 million shares traded. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 0.97% since September 15, 2017 and is uptrending. It has underperformed by 14.65% the S&P500.

The Goldman Sachs Group, Inc. (NYSE:GS) Ratings Coverage

Among 11 analysts covering Goldman Sachs Group Inc (NYSE:GS), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. Goldman Sachs Group Inc had 13 analyst reports since March 22, 2018 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Tuesday, April 17. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) has “Neutral” rating given on Wednesday, April 18 by Buckingham Research. Wells Fargo maintained the stock with “Buy” rating in Thursday, March 22 report. As per Wednesday, April 18, the company rating was maintained by Credit Suisse. Vining Sparks upgraded The Goldman Sachs Group, Inc. (NYSE:GS) rating on Friday, April 6. Vining Sparks has “Buy” rating and $28000 target. Oppenheimer maintained it with “Outperform” rating and $335 target in Wednesday, July 18 report. As per Monday, March 26, the company rating was maintained by Oppenheimer. The stock has “Market Perform” rating by BMO Capital Markets on Wednesday, April 18. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) has “Market Perform” rating given on Wednesday, July 18 by Wood. Oppenheimer maintained The Goldman Sachs Group, Inc. (NYSE:GS) rating on Monday, April 23. Oppenheimer has “Buy” rating and $30800 target.

The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management firm worldwide. The company has market cap of $86.55 billion. It operates through four divisions: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. It has a 18.3 P/E ratio. The Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk management; and underwriting services, such as debt and equity underwriting of public offerings and private placements of various securities and other financial instruments, as well as derivative transactions with public and private sector clients.

More notable recent The Goldman Sachs Group, Inc. (NYSE:GS) news were published by: Bizjournals.com which released: “Morgan Stanley to offer trading in complex derivatives tied to bitcoin” on September 13, 2018, also 247Wallst.com with their article: “3M Reclaims Position as Dow’s Poorest Performer” published on September 15, 2018, Fool.com published: “The Best Financial-Sector Stocks to Buy Now” on September 13, 2018. More interesting news about The Goldman Sachs Group, Inc. (NYSE:GS) were released by: Seekingalpha.com and their article: “Pfizer Invests In Mini Brains, Kleiner Perkins Splits” published on September 15, 2018 as well as Bizjournals.com‘s news article titled: “Banking Roundup: Wells Fargo under Fed probe… JPMorgan’s Dimon delegating duties… Citi merges two Wall Street …” with publication date: September 12, 2018.

The Goldman Sachs Group, Inc. (NYSE:GS) Institutional Positions Chart

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