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S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
Renowned Economist issues startling prediction | America's Future   (Ad)pixel
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
Renowned Economist issues startling prediction | America's Future   (Ad)pixel
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
The ONLY Way to Play Markets Like These (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
Renowned Economist issues startling prediction | America's Future   (Ad)pixel
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
Renowned Economist issues startling prediction | America's Future   (Ad)pixel
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
The ONLY Way to Play Markets Like These (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
Renowned Economist issues startling prediction | America's Future   (Ad)pixel
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
Renowned Economist issues startling prediction | America's Future   (Ad)pixel
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
The ONLY Way to Play Markets Like These (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
NASDAQ:GT

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

$14.83
-0.31 (-2.05%)
(As of 08/19/2022 12:00 AM ET)
Add
Compare
Today's Range
$14.60
$14.91
50-Day Range
$10.49
$15.52
52-Week Range
$10.33
$24.89
Volume
2.47 million shs
Average Volume
5.82 million shs
Market Capitalization
$4.19 billion
P/E Ratio
4.49
Dividend Yield
N/A
Price Target
$17.33

Goodyear Tire & Rubber MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
16.8% Upside
$17.33 Price Target
Short Interest
Healthy
5.68% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.19mentions of Goodyear Tire & Rubber in the last 14 days
Based on 3 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.

2.44 out of 5 stars

Auto/Tires/Trucks Sector

29th out of 107 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.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on GT shares. Nomura upgraded shares of Goodyear Tire & Rubber from a "neutral" rating to a "buy" rating and increased their target price for the company from $15.00 to $15.30 in a research note on Tuesday, May 10th. StockNews.com upgraded shares of Goodyear Tire & Rubber from a "hold" rating to a "buy" rating in a research note on Thursday, July 28th. Citigroup raised their price target on shares of Goodyear Tire & Rubber to $16.00 in a research note on Monday, August 15th. TheStreet cut 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 cut their price target for the stock from $19.00 to $15.00 in a research note on Monday, July 18th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Goodyear Tire & Rubber presently has a consensus rating of "Hold" and a consensus target price of $17.33.

Goodyear Tire & Rubber Trading Down 2.0 %

Shares of NASDAQ:GT opened at $14.83 on Friday. The company's fifty day moving average is $12.08 and its 200-day moving average is $13.47. The stock has a market cap of $4.19 billion, a price-to-earnings ratio of 4.49 and a beta of 1.88. Goodyear Tire & Rubber has a twelve month low of $10.33 and a twelve month high of $24.89. The company has a quick ratio of 0.68, a current ratio of 1.30 and a debt-to-equity ratio of 1.42.

Goodyear Tire & Rubber (NASDAQ:GT - Get Rating) last announced its quarterly 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 return on equity of 11.87%. The business's quarterly revenue was up 31.0% compared to the same quarter last year. During the same period last year, the firm posted $0.32 earnings per share. Equities research analysts predict that Goodyear Tire & Rubber will post 2.13 EPS for the current year.

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GT Stock News Headlines

Company News for Aug 8, 2022
Goodyear (GT) Q2 Earnings and Revenues Top Estimates
Goodyear Tire & Rubber Q2 Earnings Surpass Street View
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
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GT Company Calendar

Last Earnings
8/05/2022
Today
8/19/2022
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
$17.33
High Stock Price Forecast
$23.00
Low Stock Price Forecast
$15.00
Forecasted Upside/Downside
+16.8%
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
$5.45 per share
Book Value
$18.91 per share

Miscellaneous

Free Float
279,409,000
Market Cap
$4.19 billion
Optionable
Optionable
Beta
1.88

Key Executives

  • Mr. Richard J. KramerMr. 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. McClellanMr. 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 research analysts have issued "buy," "hold," and "sell" ratings for Goodyear Tire & Rubber in the last twelve months. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 equities research analysts have issued 12-month price objectives for Goodyear Tire & Rubber's stock. Their GT share price forecasts range from $15.00 to $23.00. On average, they expect the company's stock price to reach $17.33 in the next year. This suggests a possible upside of 16.8% 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 30.4% and is now trading at $14.83.
View the best growth stocks for 2022 here
.

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) announced its quarterly earnings data on Friday, August, 5th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.03. The firm earned $5.21 billion during the quarter, compared to analyst estimates of $4.98 billion. Goodyear Tire & Rubber had a trailing twelve-month return on equity of 11.87% and a net margin of 4.71%. The company's revenue was up 31.0% on a year-over-year basis. During the same quarter in the previous year, the business 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 many different retail and institutional investors. Top institutional investors include State Street Corp (3.29%), Northern Trust Corp (1.33%), Newport Trust Co (1.24%), Clearbridge Investments LLC (1.13%), AQR Capital Management LLC (1.12%) and Russell Investments Group Ltd. (0.94%). 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 $14.83.

How much money does Goodyear Tire & Rubber make?

Goodyear Tire & Rubber (NASDAQ:GT) has a market capitalization of $4.19 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 8/20/2022 by MarketBeat.com Staff

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