Goodyear Tire & Rubber (NASDAQ:GT - Get Free Report) is expected to release its Q1 2025 earnings data before the market opens on Wednesday, May 7th. Analysts expect Goodyear Tire & Rubber to post earnings of $0.29 per share and revenue of $4.41 billion for the quarter.
Goodyear Tire & Rubber (NASDAQ:GT - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.29 by $0.10. The company had revenue of $4.95 billion during the quarter, compared to analyst estimates of $4.91 billion. Goodyear Tire & Rubber had a return on equity of 6.21% and a net margin of 0.37%. On average, analysts expect Goodyear Tire & Rubber to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Goodyear Tire & Rubber Trading Up 2.6 %
Shares of NASDAQ:GT traded up $0.28 during trading on Friday, reaching $11.01. 3,475,750 shares of the stock were exchanged, compared to its average volume of 5,115,767. The firm's 50-day moving average price is $9.57 and its 200 day moving average price is $9.35. The firm has a market cap of $3.14 billion, a price-to-earnings ratio of 45.88 and a beta of 1.42. Goodyear Tire & Rubber has a 12-month low of $7.27 and a 12-month high of $13.26. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.55 and a current ratio of 1.04.
Wall Street Analysts Forecast Growth
GT has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft raised shares of Goodyear Tire & Rubber from a "hold" rating to a "buy" rating and set a $13.00 price objective for the company in a research report on Monday, March 31st. Argus raised Goodyear Tire & Rubber from a "hold" rating to a "buy" rating and set a $12.00 price objective on the stock in a research report on Tuesday, February 18th. StockNews.com raised Goodyear Tire & Rubber from a "hold" rating to a "buy" rating in a research report on Friday. Finally, TD Cowen initiated coverage on shares of Goodyear Tire & Rubber in a research report on Friday, March 7th. They issued a "buy" rating and a $14.00 price objective for the company. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Goodyear Tire & Rubber has a consensus rating of "Moderate Buy" and an average target price of $13.78.
View Our Latest Research Report on Goodyear Tire & Rubber
Goodyear Tire & Rubber Company Profile
(
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Goodyear Tire & Rubber Co engages in the development, manufacture, distribution, and sale of tires. It operates through the following geographical segments: Americas, Europe, Middle East, and Africa, and Asia Pacific. The Americas segment is involved in the development, manufacture, distribution, and sale of tires and related products and services in North, Central, and South America.
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