The Goodyear Tire & Rubber Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Goodyear Tire & Rubber in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" The Goodyear Tire & Rubber stock. 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.
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Wall Street analysts have given The Goodyear Tire & Rubber a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but The Goodyear Tire & Rubber wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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The Goodyear Tire & Rubber saw a drop in short interest in June. As of June 15th, there was short interest totaling 9,170,000 shares, a drop of 22.4% from the May 31st total of 11,820,000 shares. Based on an average trading volume of 3,880,000 shares, the days-to-cover ratio is presently 2.4 days.
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The Goodyear Tire & Rubber is scheduled to release its next quarterly earnings announcement on Friday, August 6th 2021.
View our earnings forecast for The Goodyear Tire & Rubber.

The Goodyear Tire & Rubber will be holding an earnings conference call on Friday, August 6th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-2681.

The Goodyear Tire & Rubber Company (NASDAQ:GT) posted its earnings results on Thursday, April, 29th. The company reported $0.43 EPS for the quarter, beating the Zacks' consensus estimate of $0.11 by $0.32. The firm earned $3.51 billion during the quarter, compared to the consensus estimate of $3.46 billion. The Goodyear Tire & Rubber had a negative trailing twelve-month return on equity of 6.60% and a negative net margin of 4.88%. The company's quarterly revenue was up 14.9% compared to the same quarter last year. During the same period last year, the business earned ($0.60) EPS.
View The Goodyear Tire & Rubber's earnings history.

The Goodyear Tire & Rubber's stock was trading at $7.16 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, GT stock has increased by 124.3% and is now trading at $16.06.
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7 equities research analysts have issued 1 year price objectives for The Goodyear Tire & Rubber's stock. Their forecasts range from $7.00 to $23.00. On average, they anticipate The Goodyear Tire & Rubber's stock price to reach $15.57 in the next twelve months. This suggests that the stock has a possible downside of 3.0%.
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524 employees have rated The Goodyear Tire & Rubber CEO Richard J. (Rich) Kramer on Glassdoor.com. Richard J. (Rich) Kramer has an approval rating of 74% among The Goodyear Tire & Rubber's employees.

Some companies that are related to The Goodyear Tire & Rubber include Subaru (FUJHY), Aisin (ASEKY), Tata Motors (TTM), BorgWarner (BWA), Renault (RNLSY), Lear (LEA), Isuzu Motors (ISUZY), QuantumScape (QS), Auto Trader Group (ATDRY), Autoliv (ALV), Yamaha Motor (YAMHF), Gentex (GNTX), Oshkosh (OSK), IAA (IAA) and Polaris (PII).
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Based on aggregate information from My MarketBeat watchlists, some companies that other The 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).

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

The Goodyear Tire & Rubber's stock is owned by a number of institutional and retail investors. Top institutional investors include Boothe Investment Group Inc. (0.21%), Oregon Public Employees Retirement Fund (0.05%), Stratos Wealth Partners LTD. (0.05%), New Mexico Educational Retirement Board (0.02%), State of Alaska Department of Revenue (0.02%) and Harvest Management LLC (0.00%).
View institutional ownership trends for The Goodyear Tire & Rubber.

GT stock was sold by a variety of institutional investors in the last quarter, including Harvest Management LLC.
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GT stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Boothe Investment Group Inc., New Mexico Educational Retirement Board, State of Alaska Department of Revenue, and Stratos Wealth Partners LTD..
View insider buying and selling activity for The Goodyear Tire & Rubber or or view top insider-buying stocks.

Shares of GT 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.
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One share of GT stock can currently be purchased for approximately $16.06.

The Goodyear Tire & Rubber has a market capitalization of $3.77 billion and generates $12.32 billion in revenue each year. The company earns $-1,254,000,000.00 in net income (profit) each year or ($1.91) on an earnings per share basis.

The Goodyear Tire & Rubber employs 62,000 workers across the globe.

The official website for The Goodyear Tire & Rubber is www.goodyear.com.

The Goodyear Tire & Rubber is headquartered at 200 INNOVATION WAY, AKRON OH, 44316.

The Goodyear Tire & Rubber's mailing address is 200 INNOVATION WAY, AKRON OH, 44316. The company can be reached via phone at (330) 796-2121 or via email at [email protected]