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 will be of great interest to investors. The company is expected to report EPS of $7.94, up 44.89% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $12.06 billion, up 6.58% from the year-ago period.

GS's full-year Zacks Consensus Estimates are calling for earnings of $37.05 per share and revenue of $51.66 billion. These results would represent year-over-year changes of +62% and +11.68%, respectively.

Investors should also note any recent changes to analyst estimates for Goldman Sachs. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 0.28% fall in the Zacks Consensus EPS estimate. Goldman Sachs is currently a Zacks Rank #3 (Hold).

In the context of valuation, Goldman Sachs is at present trading with a Forward P/E ratio of 15.28. This represents a discount compared to its industry's average Forward P/E of 16.43.

We can additionally observe that GS currently boasts a PEG ratio of 0.78. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Financial - Investment Bank industry stood at 1.37 at the close of the market yesterday.

The Financial - Investment Bank industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 52, positioning it in the top 21% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

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