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NASDAQ:GT

The Goodyear Tire & Rubber Stock Forecast, Price & News

$10.40
-0.32 (-2.99 %)
(As of 12/2/2020 12:00 AM ET)
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Today's Range
$10.30
Now: $10.40▼
$10.61
50-Day Range
$8.28
MA: $9.98▼
$11.38
52-Week Range
$4.09
Now: $10.40▼
$16.63
Volume3.48 million shs
Average Volume5.03 million shs
Market Capitalization$2.42 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.1
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 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. 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 founded in 1898 and is headquartered in Akron, Ohio.
The Goodyear Tire & Rubber logo

Beat the Market (BTM) Rank™

Analyst Opinion: 1.2Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

1.38 out of 5 stars


Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Tires & inner tubes
Sub-IndustryTires & Rubber
SectorAuto/Tires/Trucks
Current SymbolNASDAQ:GT
Previous Symbol
CUSIP38255010
CIK42582
Webwww.goodyear.com
Phone330-796-2121
Employees63,000

Debt

Debt-to-Equity Ratio1.88
Current Ratio1.16
Quick Ratio0.72

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$14.75 billion
Price / Sales0.16
Cash Flow$4.32 per share
Price / Cash Flow2.41
Book Value$13.03 per share
Price / Book0.80

Profitability

EPS (Most Recent Fiscal Year)$1.08
Net Income$-311,000,000.00
Net Margins-13.81%
Return on Equity-14.22%
Return on Assets-3.08%

Miscellaneous

Outstanding Shares233,134,000
Market Cap$2.42 billion
Next Earnings Date2/9/2021 (Estimated)
OptionableOptionable
$10.40
-0.32 (-2.99 %)
(As of 12/2/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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

How has The Goodyear Tire & Rubber's stock price been impacted by Coronavirus (COVID-19)?

The Goodyear Tire & Rubber's stock was trading at $7.16 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, GT stock has increased by 45.3% and is now trading at $10.40.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of The Goodyear Tire & Rubber?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Goodyear Tire & Rubber in the last year. There are currently 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for The Goodyear Tire & Rubber or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than The Goodyear Tire & Rubber?

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 winning trading ideas this year 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.
View MarketBeat's top stock picks here.

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

The Goodyear Tire & Rubber is scheduled to release its next quarterly earnings announcement on Tuesday, February 9th 2021.
View our earnings forecast for The Goodyear Tire & Rubber.

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

The Goodyear Tire & Rubber Company (NASDAQ:GT) posted its quarterly earnings results on Friday, October, 30th. The company reported $0.10 EPS for the quarter, beating analysts' consensus estimates of ($0.08) by $0.18. The business earned $3.47 billion during the quarter, compared to analysts' expectations of $3.35 billion. The Goodyear Tire & Rubber had a negative net margin of 13.81% and a negative return on equity of 14.22%. The Goodyear Tire & Rubber's revenue was down 8.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.45 EPS.
View The Goodyear Tire & Rubber's earnings history.

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

The Goodyear Tire & Rubber declared a quarterly dividend on Wednesday, January 15th. Investors of record on Monday, February 3rd will be paid a dividend of $0.16 per share on Monday, March 2nd. This represents a $0.64 dividend on an annualized basis and a yield of 6.15%. The ex-dividend date is Friday, January 31st.
View The Goodyear Tire & Rubber's dividend history.

What price target have analysts set for GT?

11 equities research analysts have issued 1-year price objectives for The Goodyear Tire & Rubber's shares. Their forecasts range from $6.00 to $20.00. On average, they anticipate The Goodyear Tire & Rubber's share price to reach $10.50 in the next twelve months. This suggests a possible upside of 1.0% from the stock's current price.
View analysts' price targets for The Goodyear Tire & Rubber.

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

Some companies that are related to The Goodyear Tire & Rubber include Valeo (VLEEY), BorgWarner (BWA), Dongfeng Motor Group (DNFGY), Aisin Seiki (ASEKY), Lear (LEA), Gentex (GNTX), IAA (IAA), Tata Motors (TTM), Autoliv (ALV), Isuzu Motors (ISUZY), Auto Trader Group (ATDRY), Nikola (NKLA), Yamaha Motor (YAMHF), Harley-Davidson (HOG) and Polaris (PII).
View all competitors.

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

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).

Who are The Goodyear Tire & Rubber's key executives?

The Goodyear Tire & Rubber's management team includes the following people:
  • Mr. Richard J. Kramer, Chairman, CEO & Pres (Age 56, Pay $7.72M)
  • Mr. Darren R. Wells, Exec. VP & CFO (Age 54, Pay $2.79M)
  • Mr. Stephen R. McClellan, Pres of Americas (Age 54, Pay $2.99M)
  • Mr. Ryan G. Patterson, Pres of Asia Pacific (Age 46, Pay $1.7M)
  • Mr. Christopher Raymond Delaney, Pres of Europe, Middle East & Africa (Age 59, Pay $2.16M)
  • Mr. Jonathan Bellissimo, Sr. VP of Global Operations & Technology (Age 64)
  • Mr. Christopher P. Helsel, Sr. VP & CTO (Age 55)
  • Ms. Christina Zamarro, Treasurer and VP of Fin., Corp. Financial Planning, Analysis & Investor Relations
  • Mr. David E. Phillips, Sr. VP & Gen. Counsel (Age 44)
  • Ms. Laura P. Duda, Sr. VP & Chief Communications Officer (Age 50)

What is The Goodyear Tire & Rubber's stock symbol?

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

Who are The Goodyear Tire & Rubber's major shareholders?

The Goodyear Tire & Rubber's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.98%), LSV Asset Management (4.05%), State Street Corp (3.17%), Newport Trust Co (2.13%), Arrowstreet Capital Limited Partnership (1.74%) and Charles Schwab Investment Management Inc. (1.11%).
View institutional ownership trends for The Goodyear Tire & Rubber.

Which major investors are selling The Goodyear Tire & Rubber stock?

GT stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Letko Brosseau & Associates Inc., LSV Asset Management, Newport Trust Co, State Street Corp, Robeco Institutional Asset Management B.V., Morgan Stanley, and Cubist Systematic Strategies LLC.
View insider buying and selling activity for The Goodyear Tire & Rubber.

Which major investors are buying The Goodyear Tire & Rubber stock?

GT stock was purchased by a variety of institutional investors in the last quarter, including BNP Paribas Arbitrage SA, Great West Life Assurance Co. Can, Squarepoint Ops LLC, AQR Capital Management LLC, Engineers Gate Manager LP, Natixis, Arrowstreet Capital Limited Partnership, and Paloma Partners Management Co.
View insider buying and selling activity for The Goodyear Tire & Rubber.

How do I buy shares of The 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, Robinhood, Fidelity, and Charles Schwab.

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

One share of GT stock can currently be purchased for approximately $10.40.

How big of a company is The Goodyear Tire & Rubber?

The Goodyear Tire & Rubber has a market capitalization of $2.42 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 63,000 workers across the globe.

What is The Goodyear Tire & Rubber's official website?

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

How can I contact The Goodyear Tire & Rubber?

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]

This page was last updated on 12/3/2020 by MarketBeat.com Staff
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