S&P 500   4,280.15 (+1.73%)
DOW   33,761.05 (+1.27%)
QQQ   330.39 (+1.95%)
AAPL   172.10 (+2.14%)
MSFT   291.91 (+1.70%)
META   180.50 (+1.70%)
GOOGL   121.68 (+2.39%)
AMZN   143.55 (+2.07%)
TSLA   900.09 (+4.68%)
NVDA   187.09 (+4.27%)
NIO   21.11 (+1.39%)
BABA   94.77 (-0.11%)
AMD   100.83 (+2.76%)
MU   65.04 (+4.36%)
T   18.27 (+1.27%)
CGC   3.30 (+4.76%)
GE   79.93 (+1.31%)
F   16.18 (+2.21%)
DIS   121.57 (+3.30%)
AMC   24.44 (-3.97%)
PYPL   101.10 (+2.01%)
PFE   50.11 (+3.77%)
NFLX   249.30 (+2.72%)
S&P 500   4,280.15 (+1.73%)
DOW   33,761.05 (+1.27%)
QQQ   330.39 (+1.95%)
AAPL   172.10 (+2.14%)
MSFT   291.91 (+1.70%)
META   180.50 (+1.70%)
GOOGL   121.68 (+2.39%)
AMZN   143.55 (+2.07%)
TSLA   900.09 (+4.68%)
NVDA   187.09 (+4.27%)
NIO   21.11 (+1.39%)
BABA   94.77 (-0.11%)
AMD   100.83 (+2.76%)
MU   65.04 (+4.36%)
T   18.27 (+1.27%)
CGC   3.30 (+4.76%)
GE   79.93 (+1.31%)
F   16.18 (+2.21%)
DIS   121.57 (+3.30%)
AMC   24.44 (-3.97%)
PYPL   101.10 (+2.01%)
PFE   50.11 (+3.77%)
NFLX   249.30 (+2.72%)
S&P 500   4,280.15 (+1.73%)
DOW   33,761.05 (+1.27%)
QQQ   330.39 (+1.95%)
AAPL   172.10 (+2.14%)
MSFT   291.91 (+1.70%)
META   180.50 (+1.70%)
GOOGL   121.68 (+2.39%)
AMZN   143.55 (+2.07%)
TSLA   900.09 (+4.68%)
NVDA   187.09 (+4.27%)
NIO   21.11 (+1.39%)
BABA   94.77 (-0.11%)
AMD   100.83 (+2.76%)
MU   65.04 (+4.36%)
T   18.27 (+1.27%)
CGC   3.30 (+4.76%)
GE   79.93 (+1.31%)
F   16.18 (+2.21%)
DIS   121.57 (+3.30%)
AMC   24.44 (-3.97%)
PYPL   101.10 (+2.01%)
PFE   50.11 (+3.77%)
NFLX   249.30 (+2.72%)
S&P 500   4,280.15 (+1.73%)
DOW   33,761.05 (+1.27%)
QQQ   330.39 (+1.95%)
AAPL   172.10 (+2.14%)
MSFT   291.91 (+1.70%)
META   180.50 (+1.70%)
GOOGL   121.68 (+2.39%)
AMZN   143.55 (+2.07%)
TSLA   900.09 (+4.68%)
NVDA   187.09 (+4.27%)
NIO   21.11 (+1.39%)
BABA   94.77 (-0.11%)
AMD   100.83 (+2.76%)
MU   65.04 (+4.36%)
T   18.27 (+1.27%)
CGC   3.30 (+4.76%)
GE   79.93 (+1.31%)
F   16.18 (+2.21%)
DIS   121.57 (+3.30%)
AMC   24.44 (-3.97%)
PYPL   101.10 (+2.01%)
PFE   50.11 (+3.77%)
NFLX   249.30 (+2.72%)
NASDAQ:GT

Goodyear Tire & Rubber - GT Stock Forecast, Price & News

$15.19
+0.67 (+4.61%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$14.46
$15.20
50-Day Range
$10.49
$15.19
52-Week Range
$10.33
$24.89
Volume
6.50 million shs
Average Volume
5.86 million shs
Market Capitalization
$4.30 billion
P/E Ratio
4.60
Dividend Yield
N/A
Price Target
$17.19

Goodyear Tire & Rubber MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
13.1% Upside
$17.19 Price Target
Short Interest
Healthy
5.68% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.85mentions of Goodyear Tire & Rubber in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
29.58%
From $2.13 to $2.76 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.48 out of 5 stars

Auto/Tires/Trucks Sector

27th out of 110 stocks

Tires & Inner Tubes Industry

1st out of 1 stocks

GT stock logo

About Goodyear Tire & Rubber (NASDAQ:GT) Stock

The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. It offers various lines of tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving equipment, and mining and industrial equipment under the Goodyear, Cooper, Dunlop, Kelly, Debica, Sava, Fulda, Mastercraft, Roadmaster, and various other house brands, as well as under the private-label brands. The company also retreads truck, aviation, and off-the-road tires; manufactures and sells tread rubber and other tire retreading materials; sells chemical and natural rubber products; and provides automotive and commercial truck maintenance and repair services, and miscellaneous other products and services. It operates approximately 1,000 retail outlets, which offer products for retail sale, and provides repair and other services. The company sells its products worldwide through a network of independent dealers, regional distributors, retail outlets, and retailers. The Goodyear Tire & Rubber Company was incorporated in 1898 and is headquartered in Akron, Ohio.

Goodyear Tire & Rubber Trading Up 3.9 %

NASDAQ:GT opened at $14.52 on Friday. The stock has a market cap of $4.11 billion, a price-to-earnings ratio of 4.40 and a beta of 1.88. Goodyear Tire & Rubber has a one year low of $10.33 and a one year high of $24.89. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.68 and a current ratio of 1.30. The business's 50-day simple moving average is $11.83 and its 200 day simple moving average is $13.70.

Goodyear Tire & Rubber (NASDAQ:GT - Get Rating) last released its earnings results on Friday, August 5th. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.43 by $0.03. Goodyear Tire & Rubber had a return on equity of 11.87% and a net margin of 4.71%. The company had revenue of $5.21 billion during the quarter, compared to analysts' expectations of $4.98 billion. During the same period in the prior year, the business posted $0.32 EPS. The business's revenue was up 31.0% on a year-over-year basis. As a group, sell-side analysts predict that Goodyear Tire & Rubber will post 2.13 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

GT has been the subject of several research analyst reports. StockNews.com upgraded Goodyear Tire & Rubber from a "hold" rating to a "buy" rating in a research note on Thursday, July 28th. Nomura upgraded shares of Goodyear Tire & Rubber from a "neutral" rating to a "buy" rating and raised their price target for the company from $15.00 to $15.30 in a report on Tuesday, May 10th. Citigroup decreased their price objective on shares of Goodyear Tire & Rubber from $19.00 to $15.00 in a research note on Monday, May 16th. TheStreet downgraded shares of Goodyear Tire & Rubber from a "b-" rating to a "c" rating in a research note on Wednesday, May 18th. Finally, Deutsche Bank Aktiengesellschaft cut shares of Goodyear Tire & Rubber from a "buy" rating to a "hold" rating and decreased their price target for the stock from $19.00 to $15.00 in a research report on Monday, July 18th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Goodyear Tire & Rubber has an average rating of "Hold" and an average price target of $17.19.

Receive GT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Goodyear Tire & Rubber and its competitors with MarketBeat's FREE daily newsletter.

GT Stock News Headlines

Company News for Aug 8, 2022
27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
Goodyear (GT) Q2 Earnings and Revenues Top Estimates
Goodyear Tire & Rubber Q2 Earnings Surpass Street View
27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
Goodyear Tire: An Illusory Bargain
Expert Ratings for Goodyear Tire & Rubber
Goodyear Tire & Rubber Co - Stock Financials GT
After sale, Downtown Goodyear site to become housing
See More Headlines
Receive GT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Goodyear Tire & Rubber and its competitors with MarketBeat's FREE daily newsletter.

GT Company Calendar

Last Earnings
8/05/2022
Today
8/12/2022
Next Earnings (Estimated)
11/04/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Tires & inner tubes
Sub-Industry
Tires & Rubber
CUSIP
38255010
Employees
72,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$17.19
High Stock Price Forecast
$23.00
Low Stock Price Forecast
$15.00
Forecasted Upside/Downside
+13.1%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$764 million
Pretax Margin
3.82%

Debt

Sales & Book Value

Annual Sales
$17.48 billion
Cash Flow
$6.03 per share
Book Value
$18.91 per share

Miscellaneous

Free Float
279,409,000
Market Cap
$4.30 billion
Optionable
Optionable
Beta
1.88

Key Executives

  • Mr. Richard J. Kramer (Age 58)
    Chairman, CEO & Pres
    Comp: $10.53M
  • Mr. Darren R. Wells (Age 56)
    Exec. VP & CFO
    Comp: $3.78M
  • Mr. Stephen R. McClellan (Age 56)
    Pres of Americas
    Comp: $3.51M
  • Mr. Ryan G. Patterson (Age 48)
    Sr. VP & Chief Operating and Integration Officer - Americas
    Comp: $2.43M
  • Mr. Christopher Raymond Delaney (Age 61)
    Pres of Europe, Middle East & Africa
    Comp: $3.35M
  • Mr. Christopher P. Helsel (Age 57)
    Sr. VP of Global Operations & CTO
  • Mr. Christian Gadzinski
    Sr. Director of Investor Relations
  • Mr. David E. Phillips Esq. (Age 46)
    Sr. VP & Gen. Counsel
  • Ms. Laura P. Duda (Age 52)
    Sr. VP & Chief Communications Officer
  • Mr. Mike Dwyer
    Chief Marketing Officer













GT Stock - Frequently Asked Questions

Should I buy or sell Goodyear Tire & Rubber stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Goodyear Tire & Rubber in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GT, but not buy additional shares or sell existing shares.
View GT analyst ratings
or view top-rated stocks.

What is Goodyear Tire & Rubber's stock price forecast for 2022?

8 analysts have issued twelve-month price objectives for Goodyear Tire & Rubber's stock. Their GT share price forecasts range from $15.00 to $23.00. On average, they anticipate the company's stock price to reach $17.19 in the next year. This suggests a possible upside of 14.1% from the stock's current price.
View analysts price targets for GT
or view top-rated stocks among Wall Street analysts.

How have GT shares performed in 2022?

Goodyear Tire & Rubber's stock was trading at $21.32 at the beginning of 2022. Since then, GT stock has decreased by 29.4% and is now trading at $15.06.
View the best growth stocks for 2022 here
.

Are investors shorting Goodyear Tire & Rubber?

Goodyear Tire & Rubber saw a decline in short interest during the month of July. As of July 15th, there was short interest totaling 13,720,000 shares, a decline of 16.5% from the June 30th total of 16,440,000 shares. Based on an average trading volume of 4,860,000 shares, the days-to-cover ratio is currently 2.8 days. Currently, 5.9% of the company's stock are sold short.
View Goodyear Tire & Rubber's Short Interest
.

When is Goodyear Tire & Rubber's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our GT earnings forecast
.

How were Goodyear Tire & Rubber's earnings last quarter?

The Goodyear Tire & Rubber Company (NASDAQ:GT) posted its earnings results on Friday, August, 5th. The company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.43 by $0.03. The company had revenue of $5.21 billion for the quarter, compared to analysts' expectations of $4.98 billion. Goodyear Tire & Rubber had a net margin of 4.71% and a trailing twelve-month return on equity of 11.87%. The company's revenue for the quarter was up 31.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.32 earnings per share.

What is Richard J. (Rich) Kramer's approval rating as Goodyear Tire & Rubber's CEO?

524 employees have rated Goodyear Tire & Rubber Chief Executive Officer Richard J. (Rich) Kramer on Glassdoor.com. Richard J. (Rich) Kramer has an approval rating of 74% among the company's employees.

What other stocks do shareholders of Goodyear Tire & Rubber own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Goodyear Tire & Rubber investors own include AT&T (T), General Electric (GE), Ford Motor (F), Intel (INTC), Pfizer (PFE), Wells Fargo & Company (WFC), Bank of America (BAC), Johnson & Johnson (JNJ), Altria Group (MO) and General Motors (GM).

What is Goodyear Tire & Rubber's stock symbol?

Goodyear Tire & Rubber trades on the NASDAQ under the ticker symbol "GT."

Who are Goodyear Tire & Rubber's major shareholders?

Goodyear Tire & Rubber's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Clearbridge Investments LLC (1.13%), Russell Investments Group Ltd. (0.94%), Victory Capital Management Inc. (0.66%), IPG Investment Advisors LLC (0.65%), Principal Financial Group Inc. (0.39%) and UBS Group AG (0.35%). Insiders that own company stock include Richard J Kramer and Stephen R Mcclellan.
View institutional ownership trends
.

How do I buy shares of Goodyear Tire & Rubber?

Shares of GT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Goodyear Tire & Rubber's stock price today?

One share of GT stock can currently be purchased for approximately $15.06.

How much money does Goodyear Tire & Rubber make?

Goodyear Tire & Rubber (NASDAQ:GT) has a market capitalization of $4.26 billion and generates $17.48 billion in revenue each year. The company earns $764 million in net income (profit) each year or $3.30 on an earnings per share basis.

How many employees does Goodyear Tire & Rubber have?

The company employs 72,000 workers across the globe.

How can I contact Goodyear Tire & Rubber?

Goodyear Tire & Rubber's mailing address is 200 INNOVATION WAY, AKRON OH, 44316. The official website for the company is www.goodyear.com. The company can be reached via phone at (330) 796-2121, via email at goodyear.investor.relations@goodyear.com, or via fax at 330-796-2222.

This page (NASDAQ:GT) was last updated on 8/12/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.