NASDAQ:GT - Goodyear Tire & Rubber Stock Price, News, & Analysis

$14.98
+0.05 (+0.34 %)
(As of 06/20/2019 01:12 PM ET)
Today's Range
$14.9494
Now: $14.9750
$15.30
50-Day Range
$13.41
MA: $15.63
$19.21
52-Week Range
$13.23
Now: $14.9750
$25.41
Volume1.45 million shs
Average Volume4.61 million shs
Market Capitalization$3.48 billion
P/E Ratio6.45
Dividend Yield4.30%
Beta1.71
The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. The company offers various lines of rubber tires for automobiles, trucks, buses, aircrafts, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and various other applications under the Goodyear, Dunlop, Kelly, Debica, Sava, Fulda, and various other Goodyear owned house brands, as well as under the private-label brands. Read More…

Industry, Sector and Symbol

Industry Tires & inner tubes
Sub-IndustryTires & Rubber
SectorAuto/Tires/Trucks
CUSIP38255010
Phone330-796-2121

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$15.48 billion
Cash Flow$5.8268 per share
Book Value$21.76 per share

Profitability

Net Income$693 million

Miscellaneous

Employees64,000
Market Cap$3.48 billion
Next Earnings Date7/26/2019 (Estimated)
OptionableOptionable

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Goodyear Tire & Rubber (NASDAQ:GT) Frequently Asked Questions

What is Goodyear Tire & Rubber's stock symbol?

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

How often does Goodyear Tire & Rubber pay dividends? What is the dividend yield for Goodyear Tire & Rubber?

Goodyear Tire & Rubber declared a quarterly dividend on Tuesday, April 9th. Shareholders of record on Wednesday, May 1st will be given a dividend of $0.16 per share on Monday, June 3rd. This represents a $0.64 annualized dividend and a yield of 4.27%. The ex-dividend date is Tuesday, April 30th. View Goodyear Tire & Rubber's Dividend History.

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

Goodyear Tire & Rubber Co (NASDAQ:GT) announced its earnings results on Friday, April, 26th. The company reported $0.19 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.05 by $0.14. The business had revenue of $3.60 billion for the quarter, compared to analyst estimates of $3.74 billion. Goodyear Tire & Rubber had a return on equity of 9.59% and a net margin of 3.65%. Goodyear Tire & Rubber's revenue for the quarter was down 6.1% on a year-over-year basis. During the same period last year, the firm posted $0.50 EPS. View Goodyear Tire & Rubber's Earnings History.

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

Goodyear Tire & Rubber is scheduled to release their next quarterly earnings announcement on Friday, July 26th 2019. View Earnings Estimates for Goodyear Tire & Rubber.

What price target have analysts set for GT?

12 analysts have issued 12-month price targets for Goodyear Tire & Rubber's shares. Their predictions range from $14.74 to $26.00. On average, they expect Goodyear Tire & Rubber's share price to reach $20.4588 in the next year. This suggests a possible upside of 36.6% from the stock's current price. View Analyst Price Targets for Goodyear Tire & Rubber.

What is the consensus analysts' recommendation for Goodyear Tire & Rubber?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Goodyear Tire & Rubber in the last year. There are currently 1 sell rating, 8 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Goodyear Tire & Rubber.

What are Wall Street analysts saying about Goodyear Tire & Rubber stock?

Here are some recent quotes from research analysts about Goodyear Tire & Rubber stock:
  • 1. According to Zacks Investment Research, "In first-quarter 2019, Goodyear’s earnings and revenues beat the Zacks Consensus Estimates. The company regularly launches innovative products and services to boost sales, and remain competitive in the market. The company is also working on an intelligent tire prototype that will facilitate fleet operators to communicate in real-time via a mobile application. Also, the planned establishment of TireHub is benefiting Goodyear. Moreover, the company is trying to boost shareholder value and strengthen the balance sheet. However, it has been struggling with softening market conditions in China, economic volatility in Brazil and rise in raw material costs. Unfavorable foreign currency translation is another headwind for this tire supplier." (5/1/2019)
  • 2. Longbow Research analysts commented, "GT is trading at 6.6x FY2 EPS estimates, below the company’s 5-year average forward P/E of 7.7x. EV/EBITDA basis, GT trades at 4.9x, which compares to the company’s 5-year average of 4.9x." (8/13/2018)

Has Goodyear Tire & Rubber been receiving favorable news coverage?

News articles about GT stock have trended somewhat negative this week, according to InfoTrie. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Goodyear Tire & Rubber earned a coverage optimism score of -1.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Goodyear Tire & Rubber.

Are investors shorting Goodyear Tire & Rubber?

Goodyear Tire & Rubber saw a decrease in short interest during the month of May. As of May 15th, there was short interest totalling 9,060,200 shares, a decrease of 19.6% from the April 15th total of 11,275,500 shares. Based on an average daily trading volume, of 4,060,000 shares, the short-interest ratio is presently 2.2 days. Currently, 3.9% of the company's shares are sold short. View Goodyear Tire & Rubber's Current Options Chain.

Who are some of Goodyear Tire & Rubber's key competitors?

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 General Electric (GE), AT&T (T), Ford Motor (F), NVIDIA (NVDA), Johnson & Johnson (JNJ), Intel (INTC), Bank of America (BAC), The Coca-Cola (KO), Exxon Mobil (XOM) and Starbucks (SBUX).

Who are Goodyear Tire & Rubber's key executives?

Goodyear Tire & Rubber's management team includes the folowing people:
  • Mr. Richard J. Kramer, Chairman, CEO & Pres (Age 55)
  • Mr. Darren R. Wells, Exec. VP & CFO (Age 53)
  • Mr. David L. Bialosky, Sr. VP, Gen. Counsel & Sec. (Age 61)
  • Mr. Stephen R. McClellan, Pres of Americas (Age 53)
  • Mr. Christopher Raymond Delaney, Pres of Europe, Middle East & Africa (Age 58)

Who are Goodyear Tire & Rubber's major shareholders?

Goodyear Tire & Rubber's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.56%), LSV Asset Management (4.77%), Sound Shore Management Inc. CT (2.83%), Newport Trust Co (1.40%), Letko Brosseau & Associates Inc. (1.10%) and AJO LP (0.94%). Company insiders that own Goodyear Tire & Rubber stock include Jean Claude Kihn, Stephen R Mcclellan and Werner Geissler. View Institutional Ownership Trends for Goodyear Tire & Rubber.

Which institutional investors are selling Goodyear Tire & Rubber stock?

GT stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Parametric Portfolio Associates LLC, LSV Asset Management, Teacher Retirement System of Texas, Strs Ohio, Toronto Dominion Bank, FMR LLC and Letko Brosseau & Associates Inc.. View Insider Buying and Selling for Goodyear Tire & Rubber.

Which institutional investors are buying Goodyear Tire & Rubber stock?

GT stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., AJO LP, American International Group Inc., Robeco Institutional Asset Management B.V., Sound Shore Management Inc. CT, Connor Clark & Lunn Investment Management Ltd., Retirement Systems of Alabama and Federated Investors Inc. PA. View Insider Buying and Selling for Goodyear Tire & Rubber.

How do I buy shares of Goodyear Tire & Rubber?

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

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

One share of GT stock can currently be purchased for approximately $14.9750.

How big of a company is Goodyear Tire & Rubber?

Goodyear Tire & Rubber has a market capitalization of $3.48 billion and generates $15.48 billion in revenue each year. The company earns $693 million in net income (profit) each year or $2.32 on an earnings per share basis. Goodyear Tire & Rubber employs 64,000 workers across the globe.View Additional Information About Goodyear Tire & Rubber.

What is Goodyear Tire & Rubber's official website?

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

How can I contact Goodyear Tire & Rubber?

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]


MarketBeat Community Rating for Goodyear Tire & Rubber (NASDAQ GT)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  480 (Vote Outperform)
Underperform Votes:  355 (Vote Underperform)
Total Votes:  835
MarketBeat's community ratings are surveys of what our community members think about Goodyear Tire & Rubber and other stocks. Vote "Outperform" if you believe GT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/20/2019 by MarketBeat.com Staff

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