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Goodyear Tire & Rubber Company (GT)
NASDAQ:GT
GoodYear Tire (GT) Stock Price & Analysis
1,228 Followers
GT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.12 - $16.51
Previous Close$11.88
Volume2.76M
Average Volume (3M)3.82M
Market Cap
$3.38B
Enterprise Value$11.29B
Total Cash (Recent Filing)$902.00M
Total Debt (Recent Filing)$8.65B
Price to Earnings (P/E)-4.9
Beta1.67
Next Earnings
May 03, 2024EPS Estimate
-$0.01Last Dividend Ex-Date
Jan 31, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)-2.42
Shares Outstanding283,954,995
10 Day Avg. Volume2,629,671
30 Day Avg. Volume3,820,378
Standard Deviation0.17
R-Squared0.34
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.16
Price to Sales (P/S)0.66
Price to Cash Flow (P/CF)0.70
P/FCF Ratio0.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.56
Enterprise Value/Gross Profit3.22
Enterprise Value/Ebitda31.63
Forecast
1Y Price Target
$18.00Price Target Upside51.39% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
GoodYear Tire News
PremiumCompany Announcements
Goodyear Enhances Executive Incentives Aligned with 2022 Plan
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company is poised to unlock significant value through targeted cost reductions and a clear path to margin enhancement.
Market PotentialGoodyear is gearing up to capture increased demand in the high-tech tire segment, positioning itself at the forefront of the electric vehicle revolution.
Strategic Business PlanGoodyear embarks on a transformative journey with a strategic plan that aims to revitalize operations and drive future growth.
Bears Say
Cost InflationRising costs for tire raw materials, transportation, and energy are likely to pressure profit margins, potentially weighing down on the stock's performance.
Execution RiskBack-end-loaded savings strategies and execution risks might cause investors to doubt the company's ability to meet financial targets.
Financial StrategyThe company's less aggressive approach to debt reduction and delayed savings may lead to prolonged investor skepticism regarding financial discipline.
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Ownership Overview
1.34% Insiders
24.97% Mutual Funds
27.95% Other Institutional Investors
45.73% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GT FAQ
What was Goodyear Tire & Rubber Company’s price range in the past 12 months?
Goodyear Tire & Rubber Company lowest stock price was $10.12 and its highest was $16.50 in the past 12 months.
What is Goodyear Tire & Rubber Company’s market cap?
Currently, no data Available
When is Goodyear Tire & Rubber Company’s upcoming earnings report date?
Goodyear Tire & Rubber Company’s upcoming earnings report date is May 03, 2024 which is in 10 days.
How were Goodyear Tire & Rubber Company’s earnings last quarter?
Goodyear Tire & Rubber Company released its earnings results on Feb 12, 2024. The company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.364 by $0.106.
Is Goodyear Tire & Rubber Company overvalued?
According to Wall Street analysts Goodyear Tire & Rubber Company’s price is currently Undervalued.
Does Goodyear Tire & Rubber Company pay dividends?
Goodyear Tire & Rubber Company pays a Quarterly dividend of $0.16 which represents an annual dividend yield of N/A. See more information on Goodyear Tire & Rubber Company dividends here
What is Goodyear Tire & Rubber Company’s EPS estimate?
Goodyear Tire & Rubber Company’s EPS estimate is -$0.01.
How many shares outstanding does Goodyear Tire & Rubber Company have?
Goodyear Tire & Rubber Company has 284,145,600 shares outstanding.
What happened to Goodyear Tire & Rubber Company’s price movement after its last earnings report?
Goodyear Tire & Rubber Company reported an EPS of $0.47 in its last earnings report, beating expectations of $0.364. Following the earnings report the stock price went down -14.967%.
Which hedge fund is a major shareholder of Goodyear Tire & Rubber Company?
Among the largest hedge funds holding Goodyear Tire & Rubber Company’s share is Fisher Asset Management LLC. It holds Goodyear Tire & Rubber Company’s shares valued at 47M.
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GoodYear Tire Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$18.00 (51.39% Upside)
$18.00 (51.39% Upside)
Blogger Sentiment
Bullish
GT Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 155.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $510.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.7%
Last 30 Days ▼ 7.3%
Last 30 Days ▼ 7.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
12.70%
12-Months-Change
Fundamentals
Return on Equity
-13.82%
Trailing 12-Months
Asset Growth
-3.78%
Trailing 12-Months
Company Description
Goodyear Tire & Rubber Company
Goodyear Tire & Rubber Co. engages in the development, manufactures, distribution, and sale of tires. Its products include lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, farm implements, earthmoving and mining equipment, industrial equipment and various other applications. The company was founded by Frank A. Seiberling on August 29, 1898 and is headquartered in Akron, OH.
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GT Earnings Call
Q4 2024
0:00 / 0:00
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GT Revenue Breakdown
86.16% Tire unit sales
7.03% Other tire and related sales
4.33% Retail services and service related sales
2.33% Chemical sales
0.15% Other
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GT Stock 12 Months Forecast
Average Price Target
$18.00
▲(51.39% Upside)
Technical Analysis
Best Analysts Covering GT
1 Year
1 Year Success Rate
6/13 ratings generated profit
1 Year Average Return
-3.23%
reiterated a buy rating 2 months ago
Copying Ryan Brinkman's trades and holding each position for 1 Year would result in 46.15% of your transactions generating a profit, with an average return of -3.23% per trade.
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