Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

THE GOLDMAN SACHS GROUP, INC.

(GS)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Outdoor grills maker Weber raises $250 million in downsized IPO

08/05/2021 | 03:26am EDT
A Weber grill stands on a porch in Gloucester

(Corrects to add story keyword used by media customers)

(Reuters) - Weber Inc on Thursday raised about $250 million in its initial public offering, which was less than half the amount it had planned to raise earlier.

The grill maker priced its IPO of about 17.9 million shares at $14 a piece, it said in a statement.

Weber last month had planned to sell 46.88 million shares at between $15 and $17 each, which would have helped it raise up to $797 million at a valuation of about $5 billion.

The Palatine, Illinois-based company, whose grill types include gas, electric and charcoal, debuts on Thursday, about a week after rival wood pellet grill maker Traeger Inc started trading on the NYSE.

It was founded by George Stephen Sr, who invented the Weber Kettle -- a dome-shaped charcoal grill -- about 70 years ago.

BDT Capital Partners, a U.S. fund run by Warren Buffett's banker Byron Trott, holds a controlling interest in the company in partnership with the Stephen family and management.

Goldman Sachs, BofA Securities and J.P. Morgan are among the underwriters for the offering.

(Reporting by Derek Francis and Sohini Podder in Bengaluru; Editing by Amy Caren Daniel)


ę Reuters 2021
All news about THE GOLDMAN SACHS GROUP, INC.
01:11pGREENSKY : Analysis-JPMorgan's 2021 deal spree aims to fill the few holes left in its glob..
RE
09/21GREENSKY INVESTOR ALERT BY THE FORME : Kahn Swick & Foti, LLC Investigates Adequacy of Pri..
PR
09/21Goldman Sachs Down Six Consecutive Days, on Pace for Longest Losing Streak Since Februa..
DJ
09/21GOLDMAN SACHS : Bloomberg Philanthropies and Goldman Sachs Deploy $25 Million to Advance C..
PU
09/21EVISIT : Closes $45 Million in Series B Funding Round Led by Goldman Sachs Asset Managemen..
PR
09/20XYLEM : Goldman Sachs Transaction Banking Services Unveil ESG-linked Demand Deposit Accoun..
MT
09/20Goldman Sachs on Pace for Largest Percent Decrease in Over a Year -- Data Talk
DJ
09/20BARCLAYS : Goldman Sachs hires Barclays' executive to S.Africa unit
RE
09/20VARTA AG : Release according to Article 40, Section 1 of the WpHG [the German Securities T..
DJ
09/20STOXX EUROPE 600 : France's OVHcloud Confirms Plan to Launch Paris IPO
MT
More news
Analyst Recommendations on THE GOLDMAN SACHS GROUP, INC.
More recommendations
Financials (USD)
Sales 2021 55 223 M - -
Net income 2021 18 998 M - -
Net Debt 2021 312 B - -
P/E ratio 2021 7,02x
Yield 2021 1,76%
Capitalization 121 B 121 B -
EV / Sales 2021 7,84x
EV / Sales 2022 9,84x
Nbr of Employees 40 800
Free-Float 37,0%
Chart THE GOLDMAN SACHS GROUP, INC.
Duration : Period :
The Goldman Sachs Group, Inc. Technical Analysis Chart | GS | US38141G1040 | MarketScreener
Technical analysis trends THE GOLDMAN SACHS GROUP, INC.
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Last Close Price 375,84 $
Average target price 422,93 $
Spread / Average Target 12,5%
EPS Revisions
Managers and Directors
David Michael Solomon Chairman & Chief Executive Officer
John Edward Waldron President & Chief Operating Officer
Stephen M. Scherr Chief Financial Officer & Executive Vice President
Marco Argenti Co-Chief Information Officer
George C. Lee Co-Chief Information Officer
Sector and Competitors