EPS for Goldman Sachs Group Inc (GS) Expected At $4.34

September 17, 2017 - By Henry Gaston

 EPS for Goldman Sachs Group Inc (GS) Expected At $4.34
Investors sentiment increased to 0.88 in Q4 2016. Its up 0.02, from 0.86 in 2016Q3. It improved, as 65 investors sold Goldman Sachs Group Inc shares while 424 reduced holdings. 168 funds opened positions while 262 raised stakes. 287.95 million shares or 5.61% more from 272.65 million shares in 2016Q3 were reported.
Quantitative Mngmt Ltd Company, a Virginia-based fund reported 20,500 shares. Trust Company Of Toledo Na Oh has 1,815 shares. Fort Washington Inv Advisors Oh reported 1.57% of its portfolio in Goldman Sachs Group Inc (NYSE:GS). Winfield Assocs Inc has 0.78% invested in Goldman Sachs Group Inc (NYSE:GS) for 5,330 shares. Moreover, Northside Cap Limited Liability Corp has 0.25% invested in Goldman Sachs Group Inc (NYSE:GS) for 2,955 shares. Metropolitan Life Ins Ny stated it has 0.32% in Goldman Sachs Group Inc (NYSE:GS). Moreover, Windsor Capital Mngmt Limited Liability has 0.39% invested in Goldman Sachs Group Inc (NYSE:GS). Menta Cap Ltd Limited Liability Company reported 0.14% of its portfolio in Goldman Sachs Group Inc (NYSE:GS). Comerica Bancorp holds 0.22% of its portfolio in Goldman Sachs Group Inc (NYSE:GS) for 113,473 shares. Boothbay Fund Mngmt Lc reported 1,125 shares. Goodwin Daniel L accumulated 0.58% or 6,000 shares. Dsc Advsrs Limited Partnership holds 55,168 shares or 7.5% of its portfolio. Smithbridge Asset Management De has invested 1.65% of its portfolio in Goldman Sachs Group Inc (NYSE:GS). Connable Office Inc accumulated 18,782 shares. Kelly Lawrence W & Assoc Ca invested in 2.36% or 44,385 shares.

Investors wait Goldman Sachs Group Inc (NYSE:GS) to report on October, 17 before the open. its quarterly earnings Wall Street analysts expect $4.34 EPS, down $0.54 or 11.07 % from last year’s $4.88 same quarter earnings. This translates into $1.68B profit for GS giving the stock a 12.97 P/E. This is assuming the current $4.34 EPS is accurate. Goldman Sachs Group Inc’s Wall Street analysts see 9.87 % EPS growth, taking into account the $3.95 EPS reproted in the previous quarter, The stock decreased 0.72% or $1.63 on September 15, reaching $225.22. About 4.37M shares traded or 50.17% up from the average. Goldman Sachs Group Inc (NYSE:GS) has risen 39.23% since September 17, 2016 and is uptrending. It has outperformed by 22.53% the S&P500.

Goldman Sachs Group Inc (NYSE:GS) Ratings Coverage

Among 27 analysts covering Goldman Sachs Group Inc. (NYSE:GS), 12 have Buy rating, 1 Sell and 14 Hold. Therefore 44% are positive. Goldman Sachs Group Inc. had 75 analyst reports since July 21, 2015 according to SRatingsIntel. On Tuesday, July 18 the stock rating was maintained by Oppenheimer with “Buy”. The firm earned “Overweight” rating on Tuesday, February 16 by JP Morgan. The firm has “Outperform” rating given on Friday, April 7 by Wood. As per Wednesday, August 23, the company rating was maintained by BMO Capital Markets. The company was upgraded on Monday, January 25 by Nomura. The rating was upgraded by Evercore to “Buy” on Monday, August 31. As per Thursday, October 20, the company rating was downgraded by Guggenheim. maintained the stock with “Buy” rating in Monday, October 10 report. The rating was downgraded by Wood to “Market Perform” on Wednesday, July 19. On Monday, September 21 the stock rating was upgraded by Oppenheimer to “Outperform”.

The Goldman Sachs Group, Inc. is an investment banking, securities and investment management firm that provides a range of financial services to firms, financial institutions, governments and individuals. The company has market cap of $87.13 billion. The Firm operates in four business divisions: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. It has a 11.78 P/E ratio. The Investment Banking segment consists of financial advisory and underwriting.

More notable recent Goldman Sachs Group Inc (NYSE:GS) news were published by: Nasdaq.com which released: “June 2019 Options Now Available For Goldman Sachs Group” on September 15, 2017, also Bloomberg.com with their article: “Goldman’s Losing Bet on Gas Said to Hurt Second-Quarter” published on August 18, 2017, Businessinsider.com published: “‘It’s still a pretty challenging environment’: Goldman Sachs president talks …” on September 12, 2017. More interesting news about Goldman Sachs Group Inc (NYSE:GS) were released by: Reuters.com and their article: “Under investor pressure, Goldman to explain trading strategy” published on August 29, 2017 as well as Foxbusiness.com‘s news article titled: “Goldman Sachs’ Edith Cooper to Leave Firm–Update” with publication date: September 12, 2017.

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