GS - The Goldman Sachs Group, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
+1.46 (+0.74%)
As of 3:48PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close197.24
Bid198.90 x 1100
Ask198.93 x 800
Day's Range198.01 - 199.32
52 Week Range151.70 - 245.08
Avg. Volume2,795,709
Market Cap72.692B
Beta (3Y Monthly)1.22
PE Ratio (TTM)8.27
EPS (TTM)24.02
Earnings DateJul 15, 2019 - Jul 19, 2019
Forward Dividend & Yield3.40 (1.65%)
Ex-Dividend Date2019-05-29
1y Target Est229.32
Trade prices are not sourced from all markets
  • United Capital CEO on Goldman Sachs $750M acquisition: I’m proud to be part of it
    Yahoo Finance Video4 days ago

    United Capital CEO on Goldman Sachs $750M acquisition: I’m proud to be part of it

    Joe Duran, CEO of United Capital, speaks with Yahoo Finance’s Seana Smith on “The Ticker” about his company being acquired by Goldman Sachs for $750M.

  • Top 7 Books to Learn Technical Analysis
    Investopedia2 hours ago

    Top 7 Books to Learn Technical Analysis

    Here are seven of the best books written on technical analysis to help traders and investors understand and apply technical analysis.

  • This is the biggest Saudi IPO in almost five years — and the first to be sold directly to U.S. investors
    MarketWatch2 hours ago

    This is the biggest Saudi IPO in almost five years — and the first to be sold directly to U.S. investors

    It has also been amended to reflect that shares of Arabian Centres are due to start trading on Wednesday. It will be the biggest initial public offering since the $6bn listing of lender National Commercial Bank in late 2014.

  • The Zacks Analyst Blog Highlights: Johnson & Johnson, Apple, Goldman Sachs, IBM and Netflix
    Zacks8 hours ago

    The Zacks Analyst Blog Highlights: Johnson & Johnson, Apple, Goldman Sachs, IBM and Netflix

    The Zacks Analyst Blog Highlights: Johnson & Johnson, Apple, Goldman Sachs, IBM and Netflix

  • Financial Times16 hours ago

    Has T-Mobile done enough to save its Sprint deal?

    FT premium subscribers can click here to receive Due Diligence every day by email. One thing to start: DD has teamed up with Murad Ahmed, sports correspondent, to launch the FT Business of Football summit. The inaugural event is today at Claridge’s in London.

  • Top Analyst Reports for Johnson & Johnson, Apple & Goldman Sachs

    Top Analyst Reports for Johnson & Johnson, Apple & Goldman Sachs

    Top Analyst Reports for Johnson & Johnson, Apple & Goldman Sachs

  • Why Apple Stock Could Fall Below $160

    Why Apple Stock Could Fall Below $160

    Just when investors were starting to feel good about their portfolios in 2019 and getting ready to enjoy the summer months, the tide turned for the markets on May 6. Now, following the rapid declines in the U.S. indices since President Trump's tweets of May 5 regarding the trade war with China, many investors are left wondering whether the decline of Apple (NASDAQ:AAPL) stock has created a good entry point.Source: Shutterstock However, I would urge investors to not commit all their intended capital to AAPL stock in May. Here is why it is still too soon to invest in Apple stock. * 7 High-Yield REITs to Buy (Even When the Market Tanks) Trade Wars and Apple StockWith a market cap of $896 million, AAPL stock has the second highest weighting in the S&P 500, after Microsoft (NASDAQ:MSFT). And China is Apple's second-most important market.InvestorPlace - Stock Market News, Stock Advice & Trading TipsTherefore AAPL has now become a proxy for the trade wars between the U.S. and China. In 2018, investors learned that Chinese consumers were starting to turn their backs on AAPL. On Apr. 30, Apple reported second-quarter China sales of $10.2 billion , a year-over-year decline of over 21%.Almost 20% of Apple's revenues come from China. In 2018 and the first quarter of 2019, sales of iPhones in China have declined. And there's a good possibility that China's economy will slow some more.AAPL has already offered massive price discounts in China in March and April. The company may have to make those price decreases permanent to reach its sales targets. However, retaining those discounts would decrease AAPL's margins and its long-term pricing power, also creating a headwind for Apple stock. Going forward, I do not think we can expect the competitive landscape for the iPhone to improve in China.Furthermore, AAPL relies on Chinese suppliers and its mobile devices are assembled in China. Thus, Apple would have to react to tariffs either by increasing prices in the U.S. or absorbing the cost of the tariffs. The latter action would definitely have a major negative impact on Apple stock price.It is no wonder that, since early 2018, but especially over the past few weeks, the trade dispute has negatively affected the price of Apple stock. The further the signing of the trade deal gets pushed out, the greater the adverse effect on Apple's future earnings and AAPL stock could be. Currency Headwinds and Apple StockI am also somewhat concerned about potential currency fluctuations in the coming weeks. The company's SEC filing clearly identifies the potential negative impact of foreign currency movements on AAPL's earnings. Almost half of Apple's sales come from Pacific Rim countries or Europe, the Middle East and Africa.During 2018, the weakening of foreign currencies, due to rate hikes by the Fed as well as the overall strength of the U.S. dollar, has translated into lower earnings for Apple. While the equity markets seemed to focus on China in May, it's important to keep an eye on the rising tensions between the U.S. and Iran, too.If the Chinese yuan falls further or if investors prefer the safety of the greenback during the escalating rhetoric with Iran, then Apple stock may take another hit. It is worth remembering that Apple pays its Chinese suppliers in U.S. dollars to assemble its products. However, its iPhones are sold to Chinese consumers in yuans. In other words, the dollar's next move could impact Apple's upcoming results, pushing its earnings towards the lower end of the guidance range.If AAPL's sales, margins, and revenue all decline in China amidst increased competition from local companies, including Huawei, and currency headwinds, then the multiple of Apple stock will drop.In May or June, Apple may issue disappointing guidance for the current quarter, causing many investors to hit the sell button first and ask questions later. Has the Good News Been Priced Into AAPL Stock?Even before the concerns over the trade war reignited in early May, much of the positive news on Apple had already been priced into Apple stock.During its event on Mar. 25, AAPL announced new video, news, gaming subscription services, and a credit card in partnership with Goldman Sachs (NYSE:GS). However, despite these potential sources of new revenue, following the event, Apple stock initially declined.Then on Apr. 30, the tech giant posted quarterly revenue of $58 billion, a decline of 5% from the year-ago quarter. Unit sales of iPhones also fell again. Since iPhone revenue accounts for over half of Apple's total revenue, investors pay close attention to iPhone numbers.Yet during the quarter, AAPL exceeded Wall Street's average revenue and earnings estimates, mostly thanks to the strong numbers from Apple Services. The owners of Apple stock who remain committed to AAPL realize the importance of its Services business, which includes the App Store, Apple Pay, iTunes, AppleCare and Apple Music, to the company's bottom line in the near-term and the longer term.Following the earnings report, Apple stock initially rallied on May 1, hitting an intraday high of $215.31. Since then, it has fallen over 12%.Investors would like to see AAPL clearly identify what the company's next growth catalyst will be. In other words, Wall Street would like Apple to find its next big niche. Short-Term Technical Analysis of Apple StockAlthough I firmly believe that Apple stock will perform well in the long-term, on a short-term basis, I expect AAPL stock to be choppy. Over the short-term, investor sentiment and price momentum affect the stock price of a company as closely watched as Apple stock is.AAPL stock is down nearly 3% over the past 12 months. Right now the technical outlook of Apple stock is rather bearish. The stock price has been making lower highs in the past two weeks. Unless a Chinese trade deal is reached soon, this trend will not change or improve quickly.I believe that Apple stock is likely to reach a 6-month low in late May or early June. If the markets continue to decline, AAPL stock could easily drop to the low $170's or even the high $150's .However, if there is a quick resolution to the trade issues, then AAPL stock will likely rapidly gain 5%-8%. I expect resistance first at $192.5 and then at $200. So Should Investors Buy AAPL Stock?If you believe in the bull case for AAPL stock, and if you do not currently hold any shares, you might consider waiting for a better time to go long, such as $180 or even lower.Year-to-date, AAPL stock is up 16%. Not all investors are comfortable with its increased volatility levels. If you are a shareholder who has been able to ride the impressive rally since early January, then you may want to take some of your profits in Apple stock.Stocks tend to behave differently in a falling market than they do in a rising one. The down moves can be rather fast in a declining market, and a momentum stock like AAPL may become a falling knife. I personally do not like catching falling knives. Therefore, you may consider placing a stop loss at 3%-5% below the current price of Apple stock, to protect your profits to date.If you are an experienced investor in the options market, you may also consider protecting your portfolio with a covered call. For example, for every 100 shares of AAPL you own around $190, you could sell an AAPL June 21 $190 call option. This approach offers downside protection in case of volatility and a decline of AAPL stock. It also enables investors to participate in a potential rally between now and the expiry of the option. The Bottom Line on AAPL StockOver the long haul, robust fundamental numbers are what make a company worth investing in. The longer term outlook of Apple stock is strong, and the company has a clean balance sheet; therefore it remains a long-term play on growth. However, now that earnings season is behind us, the daily performance of Apple stock will depend on macroeconomic news as well as on the action of big day traders until the company reports its results in July. Thus, I do not expect Apple stock to go back over $200 in May, unless a satisfactory trade deal is announced.As of this writing, Tezcan Gecgil did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Yield REITs to Buy (Even When the Market Tanks) * 5 Great Blue-Chip Stocks to Buy Today * 7 Tech Stocks to Buy That Are Also Perfect for Retirement Compare Brokers The post Why Apple Stock Could Fall Below $160 appeared first on InvestorPlace.

  • Billionaire's Pledge to Erase Students' Debt Sows Joy, Confusion

    Billionaire's Pledge to Erase Students' Debt Sows Joy, Confusion

    “On behalf of the eight generations of my family that have been in this country, we’re gonna put a little fuel in your bus,” Smith, 56, founder of Vista Equity Partners, said Sunday during his commencement speech to the Atlanta college’s graduating class. “My family is going to create a grant to eliminate your student loans,” Smith added, according to a Twitter post by Morehouse.

  • Is Goldman Sachs a Buy?
    Motley Foolyesterday

    Is Goldman Sachs a Buy?

    It's an investment bank in transition to a more diversified service provider.

  • Reutersyesterday

    Goldman switches to Mazars for European audit

    Goldman Sachs International has appointed Mazars to audit its London-based European operations in a major coup for the accounting firm. The move comes as British lawmakers and regulators are pushing to weaken the grip of PwC, EY, Deloitte and KPMG, the so-called Big Four accounting firms that dominate audits of top companies in Britain. A Mazars spokesman confirmed that it would be conducting Goldman Sachs International's European audit, which is focused on activities in Britain and Germany.

  • JPMorgan Expands Into Healthcare Payments, to Buy InstaMed

    JPMorgan Expands Into Healthcare Payments, to Buy InstaMed

    JPMorgan's (JPM) deal to acquire InstaMed is in sync with its plan to expand into fast growing U.S. healthcare payments markets and garner significant share.

  • Market Exclusiveyesterday

    Market Morning Tough Toyota Tariff Talk, Brexit Round 4, Retailer Jitters, ‘Hardcore’ Tesla Cost Cuts

    Toyota Unhappy With Trump Car Tariffs "Today's proclamation sends a message to Toyota that our investments are not welcomed, and the contributions from each of our employees across America are not valued," Toyota (NYSE:TM) said in protest against President Trump’s new tariff policy declaring imported car parts a threat to national security. Trump’s claim is that, […]The post Market Morning Tough Toyota Tariff Talk, Brexit Round 4, Retailer Jitters, 'Hardcore' Tesla Cost Cuts appeared first on Market Exclusive.

  • Bloombergyesterday

    Goldman Is in Talks to Buy $2.2 Billion B&B Budget Hotel Chain from PAI  

    The transaction is expected to close in the second half of this year, PAI Partners said in a statement on Monday, without providing any financial details. Goldman Sachs is doing the deal through its merchant banking division, according to the statement. The announcement confirms a Bloomberg News report last week that the Paris-based private equity firm was close to a deal to sell the hotel chain for about 2 billion euros ($2.2 billion) to the lender, citing people familiar with the matter.

  • Reutersyesterday

    Goldman Sachs in talks to buy B&B Hotels from PAI Partners

    Goldman Sachs is in talks to buy B&B Hotels from private equity firm PAI Partners, the companies said on Monday, in a deal which an earlier report from the Financial Times said could be worth 1.9 billion ...

  • Financial Timesyesterday

    Goldman in talks to buy PAI’s B&B Hotels for €1.9 billion

    Goldman Sachs is in exclusive talks to buy European budget hotel chain B&B Hotels from private equity group PAI Partners for nearly €2 billion. The US bank’s merchant banking division, which handles its private equity transactions, is in negotiations to buy the chain of nearly 500 budget hotels, both firms said on Monday. The proposed transaction’s value of €1.9 billion would leave PAI with a return of close to three times its initial investment, a person familiar with the deal said.

  • Bloomberg2 days ago

    Goldman Sachs to Test Saudi Rules to Limit Stock Swings Post IPO

    The U.S. bank is acting as stabilization agent for mall owner Arabian Centres, which is expected to start trading this week after completing the kingdom’s biggest initial public offering since 2015. Goldman Sachs may sell additional shares or take other actions to support the Arabian Centres shares once they list. The mall owner allocated an extra 12.8 million shares, or 13.5% of the offering, to the bank, according to a statement from the Capital Market Authority.

  • Financial Times2 days ago

    Why Goldman Sachs should buy Deutsche Bank

    Deutsche Bank has long liked to see itself as Europe’s answer to Goldman Sachs. Deutsche has been under increased scrutiny of late, as it has struggled with a share price slump, higher funding costs and a succession of scandals. Despite widespread support for chief executive Christian Sewing and his efforts to boost performance, there is understandable scepticism that this bank — which made a 1.3 per cent return on tangible equity in the first quarter, a tenth the level of US rivals — can find its own way out of trouble.

  • How Joe Duran came to the U.S. with $200 and sold a $750M business to Goldman Sachs
    Yahoo Finance3 days ago

    How Joe Duran came to the U.S. with $200 and sold a $750M business to Goldman Sachs

    Traditionally an investment bank, Goldman Sachs has been making the push into wealth management. In its latest move, GS closed a deal to acquire United Capital for $750 million on Thursday. United Capital founder and CEO Joe Duran told his story to Yahoo Finance on The Ticker

  • Bloomberg4 days ago

    Goldman Is Near 2 Billion Euro Deal for PAI's B&B Hotels

    At that price, the Paris-based private equity firm will make a return of three times its initial investment, one of the people said, asking not to be identified because the deliberations are private. Goldman Sachs is doing the deal through its merchant banking division, which includes private equity deals, the people said. Representatives for PAI and Goldman Sachs declined to comment.

  • Barrons.com4 days ago

    Week’s Best: An Intriguing Deal for Goldman Sachs

    United Capital, Charles Schwab, UBS and Benjamin F. Edwards all made headlines this week at Barron’s Advisor.

  • Dow 30 Stock Roundup: Walmart, Cisco Earnings Impress
    Zacks4 days ago

    Dow 30 Stock Roundup: Walmart, Cisco Earnings Impress

    The index enjoyed a strong week of gains after the after U.S.-China trade rhetoric cooled off to an extent.

  • Financial Times4 days ago

    US telecoms and tech firms fear fallout from Huawei ban

    A two-pronged  attack on Huawei by the White House has thrown US telecoms and technology companies into confusion, with some warning that there is a risk of much wider collateral damage to the industry.  ...

  • Goldman Sachs Announces $750M Deal to Acquire United Capital
    Zacks4 days ago

    Goldman Sachs Announces $750M Deal to Acquire United Capital

    Acquisition of United Capital's digital platform and client base will boost Goldman's (GS) wealth management unit.

  • Goldman's (GS) Ratings and Outlook Reiterated by Moody's
    Zacks4 days ago

    Goldman's (GS) Ratings and Outlook Reiterated by Moody's

    Goldman's (GS) ratings and outlook affirmation by Moody's reflects its solid prospects.