NASDAQ:GT

The Goodyear Tire & Rubber Stock Forecast, Price & News

$11.49

-0.36 (-3.04 %)

(As of 01/15/2021 08:00 PM ET)

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Today's Range

$11.29

Now: $11.49▼

$11.78

50-Day Range

$10.01

MA: $10.77▼

$11.97

52-Week Range

$4.09

Now: $11.49▼

$15.25

Volume200,295 shs

Average Volume3.63 million shs

Market Capitalization$2.68 billion

P/E RatioN/A

Dividend YieldN/A

Beta2.17

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.

MarketRank^™

Overall MarketRank^™

1.37 out of 5 stars

1.1 Analyst's Opinion

Consensus Rating
The Goodyear Tire & Rubber has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 4 buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $9.39, The Goodyear Tire & Rubber has a forecasted downside of 18.3% from its current price of $11.49.
Amount of Analyst Coverage
The Goodyear Tire & Rubber has only been the subject of 3 research reports in the past 90 days.

2.8 Community Rank

Outperform Votes
The Goodyear Tire & Rubber has received 543 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
The Goodyear Tire & Rubber has received 439 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
The Goodyear Tire & Rubber has received 55.30% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about The 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.

0.0 Dividend Strength

Dividend Yield
The Goodyear Tire & Rubber does not currently pay a dividend.
Dividend Growth
The Goodyear Tire & Rubber does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The Goodyear Tire & Rubber insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.40% of the stock of The Goodyear Tire & Rubber is held by insiders.
Percentage Held by Institutions
78.00% of the stock of The Goodyear Tire & Rubber is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for The Goodyear Tire & Rubber are expected to grow in the coming year, from ($2.20) to $0.77 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of The Goodyear Tire & Rubber is -1.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of The Goodyear Tire & Rubber is -1.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
The Goodyear Tire & Rubber has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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 / Sales0.18

Cash Flow$4.51 per share

Price / Cash Flow2.55

Book Value$19.54 per share

Price / Book0.59

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$2.68 billion

Next Earnings Date2/9/2021 (Estimated)

OptionableOptionable

$11.49

-0.36 (-3.04 %)

(As of 01/15/2021 08:00 PM 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 been impacted by Coronavirus?

The Goodyear Tire & Rubber's stock was trading at $7.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GT stock has increased by 60.5% and is now trading at $11.49.
View which stocks have been most impacted by COVID-19.

Is The Goodyear Tire & Rubber a buy right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Goodyear Tire & Rubber in the last year. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research 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 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 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.
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) announced its quarterly earnings results on Friday, October, 30th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.08) by $0.18. The business earned $3.47 billion during the quarter, compared to analyst estimates of $3.35 billion. The Goodyear Tire & Rubber had a negative return on equity of 14.22% and a negative net margin of 13.81%. The firm's quarterly revenue was down 8.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.45 EPS.
View The Goodyear Tire & Rubber's earnings history.

What price target have analysts set for GT?

11 brokers have issued 12 month target prices for The Goodyear Tire & Rubber's shares. Their forecasts range from $6.00 to $14.00. On average, they anticipate The Goodyear Tire & Rubber's stock price to reach $9.39 in the next year. This suggests that the stock has a possible downside of 18.3%.
View analysts' price targets for The Goodyear Tire & Rubber or view Wall Street analyst' top-rated stocks.

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

Some companies that are related to The Goodyear Tire & Rubber include Tata Motors (TTM), Luminar Technologies (LAZR), Dongfeng Motor Group (DNFGY), Lear (LEA), BorgWarner (BWA), Valeo (VLEEY), Gentex (GNTX), Aisin Seiki (ASEKY), IAA (IAA), Nikola (NKLA), Autoliv (ALV), Auto Trader Group (ATDRY), Isuzu Motors (ISUZY), Yamaha Motor (YAMHF) and Polaris (PII).
View all of GT's 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 57, Pay $7.72M)
Mr. Darren R. Wells, Exec. VP & CFO (Age 55, Pay $2.79M)
Mr. Stephen R. McClellan, Pres of Americas (Age 55, Pay $2.99M)
Mr. Ryan G. Patterson, Pres of Asia Pacific (Age 47, Pay $1.7M)
Mr. Christopher Raymond Delaney, Pres of Europe, Middle East & Africa (Age 60, Pay $2.16M)
Mr. Jonathan Bellissimo, Sr. VP of Global Operations & Technology (Age 65)
Mr. Christopher P. Helsel, Sr. VP & CTO (Age 56)
Ms. Christina Zamarro, Treasurer and VP of Fin., Corp. Financial Planning, Analysis & Investor Relations
Mr. David E. Phillips, Sr. VP & Gen. Counsel (Age 45)
Ms. Laura P. Duda, Sr. VP & Chief Communications Officer (Age 51)

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 many different retail and institutional investors. Top institutional investors include Boothe Investment Group Inc. (0.30%), National Investment Services of America LLC (0.05%), Fruth Investment Management (0.03%), State of Alaska Department of Revenue (0.02%) and Crossmark Global Holdings Inc. (0.01%).
View institutional ownership trends for The Goodyear Tire & Rubber.

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

GT stock was sold by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc., State of Alaska Department of Revenue, and Fruth Investment Management.
View insider buying and selling activity for The Goodyear Tire & Rubber or view top insider-selling stocks.

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

GT stock was bought by a variety of institutional investors in the last quarter, including National Investment Services of America LLC, and Boothe Investment Group Inc..
View insider buying and selling activity for The Goodyear Tire & Rubber or or view top insider-buying stocks.

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 WeBull, 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 $11.49.

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

The Goodyear Tire & Rubber has a market capitalization of $2.68 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 1/18/2021 by MarketBeat.com Staff

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