What's Happening with GS
Goldman Sachs Group Inc (GS) is scheduled to report Quarter 4 numbers before market open on January 17. Analysts forecast the company will earn $5.77 per share for the quarter. During the same period last year, the company earned $10.81 per share. The stock is down 23.26% on the year.
Technical Analysis
GS was recently trading at $374.00, down $15.58 from its 12-month high and $96.16 above its 12-month low. InvestorsObserver gives GS a 76 long-term technical score and a 40 short-term technical score. The stock has recent support above $352 and recent resistance below $383. Of the 15 analysts who cover the stock 9 rate it Strong Buy, 1 rate it Buy, 4 rate it Hold, 0 rate it Sell, and 1 rate it Strong Sell, GS gets an overall score of 42 from InvestorsObserver.
Analysts' Thoughts
GS has shown an annual earnings growth of 20.06% over the last five years, and, looking ahead, analysts expect the company's profits to rise -10.22% per annum over the next five years. Last quarter the company posted better than expected EPS and this quarter the street expects earnings of $5.77 per share. GS is currently trading at $374 with an average price target of $402.00.