The Goodyear Tire & Rubber Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Goodyear Tire & Rubber in the last year. There are currently 1 sell rating, 5 hold ratings and 5 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.
View analyst ratings for The Goodyear Tire & Rubber or view top-rated stocks.

Wall Street analysts have given The Goodyear Tire & Rubber a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but The Goodyear Tire & Rubber wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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The Goodyear Tire & Rubber is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for The Goodyear Tire & Rubber.

The Goodyear Tire & Rubber Company (NASDAQ:GT) issued its earnings results on Monday, February, 8th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.28. The company earned $3.66 billion during the quarter, compared to analysts' expectations of $3.61 billion. The Goodyear Tire & Rubber had a negative net margin of 13.81% and a negative trailing twelve-month return on equity of 14.22%. The firm's quarterly revenue was down 1.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.19 earnings per share.
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 reached pandemic status according to the World Health Organization (WHO). Since then, GT shares have increased by 134.8% and is now trading at $16.81.
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11 brokers have issued 12 month price targets for The Goodyear Tire & Rubber's shares. Their forecasts range from $7.00 to $16.00. On average, they anticipate The Goodyear Tire & Rubber's stock price to reach $11.55 in the next twelve months. This suggests that the stock has a possible downside of 31.3%.
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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 Genuine Parts (GPC), Subaru (FUJHY), Tata Motors (TTM), Renault (RNLSY), LKQ (LKQ), BorgWarner (BWA), Aisin Seiki (ASEKY), Lear (LEA), Luminar Technologies (LAZR), Valeo (VLEEY), Gentex (GNTX), Dongfeng Motor Group (DNFGY), IAA (IAA), Autoliv (ALV) and Isuzu Motors (ISUZY).
View all of GT's competitors.

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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (11.92%), Dimensional Fund Advisors LP (5.12%), Newport Trust Co (1.84%), Northern Trust Corp (1.53%), Morgan Stanley (1.21%) and Bank of New York Mellon Corp (1.12%).
View institutional ownership trends for The Goodyear Tire & Rubber.

GT stock was sold by a variety of institutional investors in the last quarter, including Newport Trust Co, Nuveen Asset Management LLC, Letko Brosseau & Associates Inc., Squarepoint Ops LLC, First Trust Advisors LP, Duality Advisers LP, Amundi Pioneer Asset Management Inc., and Towle & Co..
View insider buying and selling activity for The Goodyear Tire & Rubber or view top insider-selling stocks.

GT stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Morgan Stanley, Canada Pension Plan Investment Board, Kennedy Capital Management Inc., Brandywine Global Investment Management LLC, Healthcare of Ontario Pension Plan Trust Fund, SummerHaven Investment Management LLC, and Schroder Investment Management Group.
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 $16.81.

The Goodyear Tire & Rubber has a market capitalization of $3.92 billion and generates $14.75 billion in revenue each year. The company earns $-311,000,000.00 in net income (profit) each year or $1.08 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]