Goldman Sachs Group (NYSE:GS) Getting Extremely Negative Media Coverage, Study Shows

Media coverage about Goldman Sachs Group (NYSE:GS) has been trending extremely negative this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Goldman Sachs Group earned a coverage optimism score of -4.80 on their scale. InfoTrie also gave news articles about the investment management company an news buzz score of 0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the news articles that may have impacted Goldman Sachs Group’s ranking:

GS stock traded down $0.17 during mid-day trading on Friday, hitting $179.93. 2,174,148 shares of the stock were exchanged, compared to its average volume of 2,885,359. The company has a debt-to-equity ratio of 2.78, a current ratio of 0.79 and a quick ratio of 0.79. The business has a fifty day moving average price of $175.68 and a 200 day moving average price of $207.26. Goldman Sachs Group has a 12 month low of $130.85 and a 12 month high of $250.46. The stock has a market capitalization of $61.93 billion, a price-to-earnings ratio of 9.78, a PEG ratio of 0.73 and a beta of 1.45.

Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings results on Wednesday, April 15th. The investment management company reported $3.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.83 by $0.28. Goldman Sachs Group had a return on equity of 9.26% and a net margin of 14.04%. The firm had revenue of $8.74 billion during the quarter, compared to analyst estimates of $7.92 billion. During the same quarter in the previous year, the company posted $5.71 earnings per share. The company’s revenue was down .7% compared to the same quarter last year. As a group, equities analysts forecast that Goldman Sachs Group will post 13.42 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be paid a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 2.78%. The ex-dividend date is Friday, May 29th. Goldman Sachs Group’s dividend payout ratio (DPR) is currently 23.78%.

A number of equities analysts have recently commented on GS shares. Wells Fargo & Co cut their price target on Goldman Sachs Group from $245.00 to $210.00 and set an “overweight” rating for the company in a report on Wednesday, April 1st. Piper Sandler cut their price target on Goldman Sachs Group from $278.00 to $214.00 and set an “overweight” rating for the company in a report on Friday, April 3rd. BMO Capital Markets raised Goldman Sachs Group from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $205.00 to $276.00 in a report on Thursday, May 14th. UBS Group reaffirmed a “neutral” rating and issued a $185.00 price target on shares of Goldman Sachs Group in a report on Wednesday, April 15th. Finally, JPMorgan Chase & Co. set a $203.00 price target on Goldman Sachs Group and gave the stock a “buy” rating in a report on Monday, May 18th. One analyst has rated the stock with a sell rating, nine have given a hold rating and thirteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $223.15.

About Goldman Sachs Group

The Goldman Sachs Group, Inc operates as an investment banking, securities, and investment management company worldwide. It operates in four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk management; and underwriting services, such as debt and equity underwriting of public offerings and private placements of various securities and other financial instruments, as well as derivative transactions with public and private sector clients.

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