Goldman Sachs (GS) Outperforms Broader Market: What You Need to Know

Core Viewpoint - Goldman Sachs is set to report earnings with positive expectations, showing growth in both EPS and revenue compared to the previous year [2][3]. Financial Performance - The stock of Goldman Sachs closed at $585.94, reflecting a +1.01% change from the previous day, outperforming the S&P 500's gain of 0.16% [1]. - Over the past month, Goldman Sachs' stock has decreased by 7.35%, which is worse than the Finance sector's loss of 0.19% and the S&P 500's loss of 3.59% [1]. Earnings Forecast - The upcoming earnings disclosure is anticipated to show an EPS of$ 12.57, representing an 8.55% increase from the same quarter last year [2]. - Revenue is projected to be $15.23 billion, indicating a 7.16% rise from the equivalent quarter last year [2]. Annual Estimates - For the entire fiscal year, earnings are expected to be$ 46.13 per share, with revenue forecasted at $56.98 billion, reflecting changes of +13.79% and +6.48% respectively from the previous year [3]. Analyst Projections - Recent shifts in analyst projections for Goldman Sachs should be monitored, as they often indicate short-term business trends and analysts' outlook on the company's health and profitability [4]. Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently places Goldman Sachs at 3 (Hold) [6]. - Over the past month, the Zacks Consensus EPS estimate has decreased by 2.1% [6]. Valuation Metrics - Goldman Sachs is currently trading at a Forward P/E ratio of 12.57, which is lower than the industry average of 15.29, indicating a discount [7]. - The company has a PEG ratio of 0.82, compared to the industry average of 1.09, suggesting favorable valuation relative to growth expectations [8]. Industry Ranking - The Financial - Investment Bank industry, to which Goldman Sachs belongs, ranks in the top 15% of all industries, with a current Zacks Industry Rank of 36 [8].