NASDAQ:GT - Goodyear Tire & Rubber Stock Price, Price Target & More

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$25.01 -0.02 (-0.08 %)
(As of 06/20/2018 04:00 PM ET)
Previous Close$25.03
Today's Range$24.83 - $25.23
52-Week Range$24.12 - $36.52
Volume1.47 million shs
Average Volume3.05 million shs
Market Capitalization$6.03 billion
P/E Ratio8.02
Dividend Yield2.23%
Beta1.74
Goodyear Tire & Rubber logoThe 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; manufactures and markets rubber-related chemicals; and provides automotive and commercial truck maintenance and repair services, and miscellaneous other products and services, as well as sells natural rubber products. In addition, it operates approximately 1,000 tire and auto service center outlets that offer products for retail sale. The company sells its products 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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio1.13
Current Ratio1.31
Quick Ratio0.73

Price-To-Earnings

Trailing P/E Ratio8.02
Forward P/E Ratio7.11
P/E GrowthN/A

Sales & Book Value

Annual Sales$15.38 billion
Price / Sales0.39
Cash Flow$6.4293 per share
Price / Cash3.89
Book Value$19.69 per share
Price / Book1.27

Profitability

EPS (Most Recent Fiscal Year)$3.12
Net Income$346 million
Net Margins1.64%
Return on Equity14.36%
Return on Assets4.11%

Miscellaneous

Employees64,000
Outstanding Shares239,830,000

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 announced a quarterly dividend on Tuesday, April 10th. Investors of record on Tuesday, May 1st will be given a dividend of $0.14 per share on Friday, June 1st. This represents a $0.56 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date of this dividend is Monday, April 30th. View Goodyear Tire & Rubber's Dividend History.

How will Goodyear Tire & Rubber's stock buyback program work?

Goodyear Tire & Rubber declared that its board has authorized a share repurchase plan on Thursday, April 6th 2017, which authorizes the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 11.9% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's leadership believes its shares are undervalued.

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

Goodyear Tire & Rubber Co (NASDAQ:GT) released its quarterly earnings results on Wednesday, April, 25th. The company reported $0.50 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.44 by $0.06. The firm had revenue of $3.80 billion for the quarter, compared to analysts' expectations of $3.80 billion. Goodyear Tire & Rubber had a net margin of 1.64% and a return on equity of 14.36%. The business's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period last year, the firm earned $0.74 earnings per share. 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 Thursday, July, 26th 2018. View Earnings Estimates for Goodyear Tire & Rubber.

What price target have analysts set for GT?

11 analysts have issued twelve-month target prices for Goodyear Tire & Rubber's stock. Their forecasts range from $29.00 to $40.00. On average, they anticipate Goodyear Tire & Rubber's stock price to reach $35.00 in the next year. View Analyst Ratings for Goodyear Tire & Rubber.

Are investors shorting Goodyear Tire & Rubber?

Goodyear Tire & Rubber saw a increase in short interest in the month of May. As of May 31st, there was short interest totalling 13,682,347 shares, an increase of 22.6% from the May 15th total of 11,161,490 shares. Based on an average daily volume of 2,909,156 shares, the days-to-cover ratio is currently 4.7 days. Approximately 5.7% 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?

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 54)
  • Ms. Laura K. Thompson, CFO & Exec. VP (Age 54)
  • Mr. David L. Bialosky, Sr. VP, Gen. Counsel & Sec. (Age 60)
  • Mr. John T. Lucas, Chief HR Officer & Sr. VP of Global HR (Age 58)
  • Mr. Stephen R. McClellan, Pres of Americas (Age 52)

Has Goodyear Tire & Rubber been receiving favorable news coverage?

Headlines about GT stock have trended somewhat positive this week, according to Accern. The research firm identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Goodyear Tire & Rubber earned a media sentiment score of 0.07 on Accern's scale. They also gave media stories about the company an impact score of 46.90 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Who are Goodyear Tire & Rubber's major shareholders?

Goodyear Tire & Rubber's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.39%), LSV Asset Management (4.63%), Diamond Hill Capital Management Inc. (3.26%), Dimensional Fund Advisors LP (2.76%), Sound Shore Management Inc. CT (2.10%) and Newport Trust Co (1.33%). Company insiders that own Goodyear Tire & Rubber stock include Jean Claude Kihn, Richard J Noechel and Stephen R Mcclellan. 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 Eaton Vance Management, BlackRock Inc., Public Employees Retirement Association of Colorado, State of Wisconsin Investment Board, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Principal Financial Group Inc. and Principal Financial Group Inc.. Company insiders that have sold Goodyear Tire & Rubber company stock in the last year include Jean Claude Kihn and Stephen R Mcclellan. View Insider Buying and Selling for Goodyear Tire & Rubber.

Which institutional investors are buying Goodyear Tire & Rubber stock?

GT stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Dimensional Fund Advisors LP, Diamond Hill Capital Management Inc., LSV Asset Management, SeaTown Holdings Pte. Ltd., Amundi Pioneer Asset Management Inc., Millennium Management LLC and General American Investors Co. Inc.. 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 $25.01.

How big of a company is Goodyear Tire & Rubber?

Goodyear Tire & Rubber has a market capitalization of $6.03 billion and generates $15.38 billion in revenue each year. The company earns $346 million in net income (profit) each year or $3.12 on an earnings per share basis. Goodyear Tire & Rubber employs 64,000 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 company can be reached via phone at 330-796-2121 or via email at [email protected]


MarketBeat Community Rating for Goodyear Tire & Rubber (GT)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  382 (Vote Outperform)
Underperform Votes:  262 (Vote Underperform)
Total Votes:  644
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 6/20/2018 by MarketBeat.com Staff

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