GS - The Goldman Sachs Group, Inc.

NYSE - NYSE Delayed Price. Currency in USD
-3.59 (-1.80%)
At close: 4:00PM EDT

195.52 0.00 (0.00%)
After hours: 7:59PM EDT

Stock chart is not supported by your current browser
Previous Close199.11
Bid195.40 x 1800
Ask197.00 x 900
Day's Range195.46 - 198.48
52 Week Range151.70 - 245.08
Avg. Volume2,788,317
Market Cap71.529B
Beta (3Y Monthly)1.22
PE Ratio (TTM)8.14
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
  • Goldman Sachs vs. Morgan Stanley: Comparing Business Models
    Investopedia5 hours ago

    Goldman Sachs vs. Morgan Stanley: Comparing Business Models

    Goldman Sachs and Morgan Stanley have distinct ways of doing business, with one focusing on high rewards and the other on caution.

  • Business Wire8 hours ago

    Goldman Sachs Merchant Banking Division Raises $4.4 Billion for Broad Street Senior Credit Partners II

    Goldman Sachs announced today that it has completed the final close for its latest performing senior credit vehicle, Broad Street Senior Credit Partners II .

  • 3 Paint and Coatings Stocks Holding Support
    Investopedia11 hours ago

    3 Paint and Coatings Stocks Holding Support

    Paint and coatings stocks have retreated toward support amid trade tariffs and margin pressure. Brush up on three trading ideas to play a rebound.

  • Financial Times22 hours ago

    Rivals look to dislodge Wall Street trio after Uber and Lyft stumbles

    Morgan Stanley, Goldman Sachs and JPMorgan have a vice-like grip on advising top technology companies. and Lyft’s weak initial public offerings, rival banks are hoping for an opportunity for some market disruption. “The quality of deal execution is being called into question more, by both corporates and VCs [venture capital firms],” said David Hermer, head of equity capital markets at Credit Suisse, noting that a “small number of banks have a disproportionate share of leadership roles in technology IPO”.

  • Top 7 Books to Learn Technical Analysis

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

    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
    Zacks2 days 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 Times2 days ago

    Why Goldman won’t be going near Deutsche Bank

    There are a few reasons why Goldman Sachs will not touch Deutsche Bank with a 10- foot pole. First, and foremost, Deutsche Bank does not meet the capital requirement required by US regulators as its leverage ratio is well below the 5 per cent minimum as against 8.5 per cent for Goldman Sachs. This thin sliver of capital is meant to be a backstop for the risk in €1.4tn of total assets, three times Goldman’s exposure.

  • Financial Times2 days 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
    Zacks2 days ago

    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
    InvestorPlace2 days ago

    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
    Bloomberg2 days ago

    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 Fool2 days ago

    Is Goldman Sachs a Buy?

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

  • Reuters2 days ago

    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.

  • Massive problems at Tesla, Goldman Sachs may get into hotels, Ryanair gives warning
    Yahoo Finance2 days ago

    Massive problems at Tesla, Goldman Sachs may get into hotels, Ryanair gives warning

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  • JPMorgan Expands Into Healthcare Payments, to Buy InstaMed
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  • Market Exclusive3 days ago

    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.

  • Bloomberg3 days ago

    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.

  • Reuters3 days ago

    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 Times3 days ago

    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.

  • Bloomberg3 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.

  • The safe and not-so-safe sectors in market, according to Cramer
    CNBC Videos3 hours ago

    The safe and not-so-safe sectors in market, according to Cramer

    This market's gotten real simple, real fast. We've got a new rubric to judge stocks. Too much Chinese exposure and you're toast. But if you've got little or no Chinese exposure, your stock can rally, even on a not-so-hot day like this one.