GS

Goldman Sachs Group, Inc.

Finance/Real Estate


Presented:05/20/2021
Price:$359.78
Cap:$122.40B
Current Price:$522.38
Cap:$164.97B

Presented

Date05/20/2021
Price$359.78
Market Cap$122.40B
Ent Value$590.13B
P/E Ratio8.95x
Book Value$260.17
Div Yield1.39%
Shares O/S340.22M
Ave Daily Vol3,017,710
Short Int1.30%

Current

Price$522.38
Market Cap$164.97B
Goldman Sachs Group, Inc. engages in global investment banking, securities, and investment management, which provides financial services. It operates through the following business segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. The Investment Banking segment serves public and private sector clients around the world and provides financial advisory services, help companies raise capital to strengthen and grow their businesses and provide financing to corporate clients. The Global Markets segment serves its clients who buy and sell financial products, funding and manage risk. The Asset Management segment provides investment services to help clients preserve and grow their financial assets. The Consumer & Wealth Management segment helps clients to achieve their individual financial goals by providing a wealth advisory and banking services. The company was founded by Marcus Goldman in 1869 and is headquartered in New York, NY.
Please note, this is an update to GS (Update) – A Podcast from Joe’s Pros, which was presented on 12/29/2020, and The Goldman Sachs Group Inc (GS) – Long, which was originally presented on 03/24/2020.

Publicly traded companies mentioned herein: Goldman Sachs Group Inc/The (GS)

Highlights

The presenter remains bullish on high quality financials, and The Goldman Sachs Group Inc (GS) continues to be his core holding in that group. The stock is trading at ~$360 per share, and he sees upside to $500 – $600 over the next 2 – 3 years based on GS’s market share momentum that believes is underappreciated by the Street. Over that time horizon, he models BV per share growth from its current $250.81 to ~$300, ROE in the mid-teen% – 20% range, and a BV multiple of ~2x. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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