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NASDAQ:GT

Goodyear Tire & Rubber (GT) Stock Price, News & Analysis

$7.92
-0.03 (-0.38%)
(As of 09/6/2024 ET)
Today's Range
$7.71
$8.00
50-Day Range
$7.69
$12.31
52-Week Range
$7.63
$15.24
Volume
4.70 million shs
Average Volume
3.90 million shs
Market Capitalization
$2.25 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$17.23

Goodyear Tire & Rubber MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
117.5% Upside
$17.23 Price Target
Short Interest
Healthy
5.68% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.33mentions of Goodyear Tire & Rubber in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
70.54%
From $1.12 to $1.91 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.56 out of 5 stars

Auto/Tires/Trucks Sector

30th out of 80 stocks

Tires & Inner Tubes Industry

1st out of 1 stocks

GT stock logo

About Goodyear Tire & Rubber Stock (NASDAQ:GT)

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, aircraft, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and other applications under the Goodyear, Cooper, Dunlop, Kelly, Mastercraft, Roadmaster, Debica, Sava, Fulda, Mickey Thompson, Avon, and Remington brands and various house brands, as well as under the private-label brands. The company also provides retread truck, aviation, and off-the-road tires; manufactures and sells tread rubber and other tire retreading materials; sells chemical products; and provides automotive and commercial repair services, and miscellaneous other products and services. In addition, it operates approximately 950 retail outlets, which offer products for sale, and provides repair and other services. Further, the company sells products and installation services online through its websites, www.goodyear.com for consumer tires and www.goodyeartrucktires.com for commercial tires; automotive maintenance and repair services under the Goodyear or Just Tires names; and automotive repair and maintenance items, automotive equipment and accessories, and other items to dealers and consumers, as well as provides miscellaneous other products and 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 incorporated in 1898 and is headquartered in Akron, Ohio.

GT Stock Price History

GT Stock News Headlines

goodyear tire nascar
Goodyear Tire Stock: Bargain Buy or Time to Junk It?
Tire manufacturer Good Year Tire & Rubber Co. (NYSE: GT) has not had a very good year as shares recently hit 52-week lows at $7.63, trading down 40.2%
“Fed Proof” Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
Goodyear Tire: Appeal Improves
GT Oct 2024 10.000 put
GT Oct 2024 14.000 put
GT Jan 2025 22.000 put
“Fed Proof” Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
GT Sep 2024 12.000 put
The Goodyear Tire & Rubber Company (GT.MX)
Goodyear investing $575 million to expand Ontario plant
See More Headlines
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Company Calendar

Last Earnings
7/31/2024
Today
9/07/2024
Next Earnings (Estimated)
11/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Tires & inner tubes
Sub-Industry
Tires & Rubber
CUSIP
38255010
Employees
71,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.23
High Stock Price Target
$21.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+117.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$-689,000,000.00
Pretax Margin
-1.44%

Debt

Sales & Book Value

Annual Sales
$19.37 billion
Cash Flow
$4.15 per share
Book Value
$17.05 per share

Miscellaneous

Free Float
281,271,000
Market Cap
$2.25 billion
Optionable
Optionable
Beta
1.74
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Key Executives

  • Ms. Christina L. Zamarro (Age 52)
    Executive VP & CFO
    Comp: $1.99M
  • Mr. Christopher Raymond Delaney BA (Age 63)
    President of Europe, Middle East & Africa
    Comp: $2.62M
  • Mr. Mark W. Stewart (Age 57)
    President, CEO & Director
  • Mr. Christopher P. Helsel (Age 59)
    Senior VP of Global Operations & CTO
  • Mr. Evan M. Scocos (Age 53)
    VP of Finance-Americas, Controller & Principal Accounting Officer
  • Mr. Greg Shank
    Senior Director of Investor Relations
  • Mr. David E. Phillips Esq. (Age 48)
    Senior VP & General Counsel
    Comp: $1.25M
  • Ms. Laura P. Duda (Age 54)
    Senior VP & Chief Communications Officer
  • Mr. Gary S. VanderLind (Age 61)
    Senior VP & Chief Human Resources Officer
  • Mr. Marcelo Toscani (Age 66)
    President of Latin America Operations

GT Stock Analysis - Frequently Asked Questions

How have GT shares performed this year?

Goodyear Tire & Rubber's stock was trading at $14.32 on January 1st, 2024. Since then, GT stock has decreased by 44.7% and is now trading at $7.92.
View the best growth stocks for 2024 here
.

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

The Goodyear Tire & Rubber Company (NASDAQ:GT) issued its earnings results on Wednesday, July, 31st. The company reported $0.19 earnings per share for the quarter, beating analysts' consensus estimates of $0.09 by $0.10. The company's revenue was down 6.1% on a year-over-year basis.

What is Richard J. (Rich) Kramer's approval rating as Goodyear Tire & Rubber's CEO?

745 employees have rated Goodyear Tire & Rubber Chief Executive Officer Richard J. (Rich) Kramer on Glassdoor.com. Richard J. (Rich) Kramer has an approval rating of 74% among the company's employees. 71.0% of employees surveyed would recommend working at Goodyear Tire & Rubber to a friend.

Who are Goodyear Tire & Rubber's major shareholders?

Top institutional investors of Goodyear Tire & Rubber include Dimensional Fund Advisors LP (5.90%), American Century Companies Inc. (2.55%), LSV Asset Management (2.24%) and Newport Trust Company LLC (1.24%). Insiders that own company stock include Darren R Wells, Richard J Kramer and Stephen R Mcclellan.
View institutional ownership trends
.

How do I buy shares of Goodyear Tire & Rubber?

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

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

Based on aggregate information from My MarketBeat watchlists, some other companies that Goodyear Tire & Rubber investors own include AT&T (T), General Electric (GE), Ford Motor (F), Intel (INTC), Pfizer (PFE), Wells Fargo & Company (WFC) and Bank of America (BAC).

This page (NASDAQ:GT) was last updated on 9/7/2024 by MarketBeat.com Staff

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