Global Stock News

Goldman Sachs (GS) Stock Price Slides As Profit Surge Fuels Doubts

Goldman Sachs (GS) Stock Price Slides As Profit Surge Fuels Doubts

Goldman Sachs comes into this earnings season with the stock under pressure, down almost 20% over the past three months and slipping another 1.5% today, even after posting one of its strongest profit runs on record. The headline is simple: the bank is minting money, yet the share price is moving the other way.

Quarterly earnings per share of about US$17 and a return on equity near 19% put Goldman Sachs firmly in high gear for an investment bank of its size. That disconnect between rich profitability and a softer share price is the expectation gap you need to focus on now.

Love Goldman Sachs Group’s rich profitability but uneasy about a share price that keeps sliding anyway? Take a look at our 32 resilient stocks with low risk scores.

…

Source link

Share this article

Scroll to Top