Goldman Sachs(GS)

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Goldman Sachs Remains One Of The Best Plays For 2025
Seeking Alpha· 2024-12-25 12:14
Analyst Background - The analyst has experience as an Investments Analyst at a mid-sized asset management firm and focuses on quality long-only articles and high-value companies [3] - The analyst has an event-driven focus, evaluating how equities perform under macro events, considering their financials and corporate strategy [3] - The analyst is associated with Francesco Infusino through university clubs [3] Analyst Position - The analyst holds a beneficial long position in the shares of GS through stock ownership, options, or other derivatives [2] - The analyst wrote the article independently and expresses personal opinions without receiving compensation other than from Seeking Alpha [2] - The analyst has no business relationship with any company whose stock is mentioned in the article [2]
Goldman Sachs (GS) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-12-23 23:55
Goldman Sachs (GS) ended the recent trading session at $570.78, demonstrating a +0.83% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.73% for the day. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq increased by 0.98%.The the stock of investment bank has fallen by 6.09% in the past month, lagging the Finance sector's loss of 2.93% and the S&P 500's gain of 0.34%.The upcoming earnings release of Goldman Sachs ...
Ontario Teachers' Makes Investment in Omega Healthcare and Joins Private Equity at Goldman Sachs Alternatives as Co-Lead Investor
Prnewswire· 2024-12-20 14:00
New joint ownership will support Omega Healthcare in accelerating their growth journey NEW YORK and TORONTO, Dec. 20, 2024 /PRNewswire/ - Ontario Teachers' Pension Plan ("Ontario Teachers'") makes investment in Omega Healthcare Management Services ("Omega" or "the Company") and joins Private Equity at Goldman Sachs Alternatives as Co-Lead investors. Omega is a leading technology-enabled healthcare management solutions provider. Terms of the transaction were not disclosed. Omega Healthcare works with healthc ...
Goldman Trades at a Discount to Industry: Buy, Sell or Hold?
ZACKS· 2024-12-17 18:25
The Goldman Sachs Group, Inc. (GS) stock looks attractive from its valuation perspective. The stock is trading at forward price/earnings (P/E) of 13.75X, a 3.1% discount compared with the industry average of 14.19X.Price-to-Earnings F12M Image Source: Zacks Investment Research GS is also trading at a discount compared with its peer JPMorgan’s (JPM) P/E multiple of 14.26X and Morgan Stanley’s (MS) P/E multiple of 16.41X.The Goldman stock is trading above its 50-day moving average, indicating a bullish sentim ...
Goldman Sachs: Optimistic Outlook For 2025 (Rating Upgrade)
Seeking Alpha· 2024-12-17 15:32
Since my last "hold" rating on The Goldman Sachs Group (NYSE: GS ) in August, the shares have increased by approximately 17.2% . Most of the gains were achieved on November 6th, the day after the US presidential election, whenHey there! My focus here is to provide you with insightful rating analysis on the world's leading financial firms to help you navigate and comprehend the latest investment opportunities while identifying potential pitfalls. My favorite picks are those that are tilted toward both the gr ...
Goldman Sachs Gets Regulatory Approval for Fund Sales in China
ZACKS· 2024-12-16 19:05
Regulatory Approvals and Market Expansion - Goldman Sachs has obtained regulatory approvals from the Beijing Bureau of China Securities Regulatory Commission to sell funds in China, marking a significant step for the U.S. investment bank in the China market [1] - The license was granted to Goldman Sachs's China securities brokerage unit, following Morgan Stanley's recent approval to begin a futures business in China [2] - These licenses demonstrate Beijing's commitment to opening the financial sector to foreign companies and highlight the growing prospects for international financial institutions in China's sizable market [2] Business Restructuring and Focus on Core Operations - Goldman Sachs has refocused on its core strengths of investment banking (IB) and trading operations while scaling back its consumer banking footprint [3] - The company completed the sale of its General Motors credit card business to Barclays in October 2024 and sold its home-improvement lending platform, GreenSky, to a consortium of investors in the first quarter of 2024 [3] - In the fourth quarter of 2023, Goldman Sachs sold its Personal Financial Management unit to Creative Planning and ceased unsecured loan offerings through its digital consumer banking platform, Marcus [4] - These moves align with Goldman Sachs's strategy to focus on and grow its core businesses, leveraging its strong leadership position, wide scale of operations, and exceptional talent [4] Stock Performance and Peer Comparison - Over the past six months, Goldman Sachs shares have gained 30.3%, outperforming the industry's growth of 24.4% [5] - Raymond James Financial Inc. (RJF) and Bank of America Corporation (BAC) are better-ranked peers, with RJF sporting a Zacks Rank of 1 (Strong Buy) and BAC carrying a Zacks Rank of 2 (Buy) [8][9] - Raymond James Financial's 2024 earnings estimates have been revised upward to $10.85 per share, and its shares have gained 36.1% over the past six months [8] - Bank of America's 2024 earnings estimates remain unchanged at $3.27 per share, with its shares gaining 16.2% over the past six months [9]
Goldman Head Projects 2025 Dealmaking Will Exceed 10-Year-Average
PYMNTS.com· 2024-12-11 11:57
The CEO of Goldman Sachs is predicting a strong year for dealmaking in 2025.Speaking to Reuters Tuesday (Dec. 10), David Solomon said that dealmaking in equities, mergers and acquisitions in 2025 could surpass 10-year averages.“I think in 2025 we will certainly be at 10-year averages. We might even be ahead of the 10-year average,” said Solomon, interviewed at the Reuters NEXT conference in New York.The report notes increased enthusiasm about deals since the election of Donald Trump, with some predicting a ...
Goldman Sachs (GS) Laps the Stock Market: Here's Why
ZACKS· 2024-12-03 23:51
In the latest market close, Goldman Sachs (GS) reached $602.08, with a +0.06% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.05%. On the other hand, the Dow registered a loss of 0.17%, and the technology-centric Nasdaq increased by 0.4%.Shares of the investment bank have appreciated by 17.64% over the course of the past month, outperforming the Finance sector's gain of 7% and the S&P 500's gain of 5.75%.Market participants will be closely following ...
Jaguar stock price bounces back despite ‘woke' drama
Finbold· 2024-11-27 13:07
After a year-long hiatus, the British luxury vehicle maker Jaguar returned to the limelight with a new advertising campaign designed to signal the rebranding and the firm’s pivot to an electrified future.The campaign, running under the slogan ‘Copy nothing,’ received mixed reactions.On the one hand, it was hailed for standing in stark contrast with the company’s past and, thus, signaling a bold and different future. On the other hand, the first commercial faced backlash on social media – primarily X – due t ...
Goldman Sachs: Animal Spirits Unleashed
Seeking Alpha· 2024-11-24 14:19
Goldman Sachs (NYSE: GS ) is a almost like a synonym for the financial markets. The firm is seen as the epitome of risk-taking, making big deals and the ruthless pursuit of profits. Once rather referring to, in an unflattering manner, as a Professional equity portfolio manager for a boutique buy-side asset manager.My focus is on finding highquality companies, applying a disciplined approach to valuation and identifying underappreciated opportunities. My goal is to identify opportunities in cash-rich compani ...