Zacks Research Issues Negative Estimate for GT Earnings

The Goodyear Tire & Rubber Company (NASDAQ:GT - Free Report) - Zacks Research reduced their Q2 2025 earnings per share estimates for Goodyear Tire & Rubber in a research note issued on Tuesday, May 27th. Zacks Research analyst R. Department now expects that the company will post earnings of $0.43 per share for the quarter, down from their prior forecast of $0.48. The consensus estimate for Goodyear Tire & Rubber's current full-year earnings is $1.50 per share. Zacks Research also issued estimates for Goodyear Tire & Rubber's Q4 2025 earnings at $0.44 EPS, FY2025 earnings at $1.34 EPS, Q2 2026 earnings at $0.49 EPS, Q3 2026 earnings at $0.59 EPS and Q4 2026 earnings at $0.53 EPS.

A number of other brokerages also recently issued reports on GT. JPMorgan Chase & Co. reissued an "overweight" rating and issued a $17.00 price target (down from $18.00) on shares of Goodyear Tire & Rubber in a report on Thursday, May 22nd. Wall Street Zen downgraded Goodyear Tire & Rubber from a "buy" rating to a "hold" rating in a report on Saturday, May 10th. TD Cowen began coverage on 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. BNP Paribas upgraded Goodyear Tire & Rubber to a "hold" rating in a research report on Saturday, May 24th. Finally, Argus upgraded Goodyear Tire & Rubber from a "hold" rating to a "buy" rating and set a $12.00 price objective for the company in a research report on Tuesday, February 18th. Four analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $14.00.

Goodyear Tire & Rubber Stock Performance

NASDAQ:GT traded down $0.07 during trading hours on Friday, reaching $11.36. The company had a trading volume of 5,132,866 shares, compared to its average volume of 5,383,105. Goodyear Tire & Rubber has a 1-year low of $7.27 and a 1-year high of $12.58. The firm has a market cap of $3.25 billion, a PE ratio of 47.34 and a beta of 1.42. The business's 50 day moving average price is $10.31 and its 200-day moving average price is $9.66. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.04 and a quick ratio of 0.55.

Goodyear Tire & Rubber (NASDAQ:GT - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.06) by $0.02. Goodyear Tire & Rubber had a return on equity of 6.21% and a net margin of 0.37%. The company had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $4.41 billion. During the same period in the previous year, the company posted $0.10 earnings per share. Goodyear Tire & Rubber's revenue for the quarter was down 6.3% on a year-over-year basis.

Institutional Trading of Goodyear Tire & Rubber

Several large investors have recently added to or reduced their stakes in the stock. Brevan Howard Capital Management LP acquired a new position in shares of Goodyear Tire & Rubber in the 4th quarter valued at $606,000. Norges Bank purchased a new position in shares of Goodyear Tire & Rubber in the 4th quarter valued at about $39,626,000. Capula Management Ltd purchased a new position in shares of Goodyear Tire & Rubber in the 4th quarter valued at about $330,000. Truist Financial Corp grew its stake in Goodyear Tire & Rubber by 5.2% during the 4th quarter. Truist Financial Corp now owns 22,753 shares of the company's stock worth $205,000 after buying an additional 1,115 shares during the last quarter. Finally, Franklin Resources Inc. grew its stake in Goodyear Tire & Rubber by 65.9% during the 4th quarter. Franklin Resources Inc. now owns 224,124 shares of the company's stock worth $2,017,000 after buying an additional 88,993 shares during the last quarter. 84.19% of the stock is currently owned by hedge funds and other institutional investors.

About Goodyear Tire & Rubber

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.