The Goodyear Tire & Rubber Company (NASDAQ:GT - Free Report) - Stock analysts at Zacks Research upped their Q2 2025 EPS estimates for Goodyear Tire & Rubber in a research note issued on Thursday, March 6th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $0.48 per share for the quarter, up from their prior estimate of $0.44. The consensus estimate for Goodyear Tire & Rubber's current full-year earnings is $1.50 per share. Zacks Research also issued estimates for Goodyear Tire & Rubber's FY2025 earnings at $1.52 EPS, Q2 2026 earnings at $0.52 EPS, Q3 2026 earnings at $0.54 EPS and FY2027 earnings at $2.74 EPS.
Goodyear Tire & Rubber (NASDAQ:GT - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.10. The firm had revenue of $4.95 billion during the quarter, compared to analysts' expectations of $4.91 billion. Goodyear Tire & Rubber had a net margin of 0.37% and a return on equity of 6.21%.
Several other analysts have also recently commented on GT. StockNews.com upgraded Goodyear Tire & Rubber from a "hold" rating to a "buy" rating in a report on Monday, February 17th. TD Cowen assumed coverage on shares of Goodyear Tire & Rubber in a research note on Friday. They issued a "buy" rating and a $14.00 price objective on the stock. Argus raised shares of Goodyear Tire & Rubber from a "hold" rating to a "buy" rating and set a $12.00 target price for the company in a research note on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $10.00 price target on shares of Goodyear Tire & Rubber in a research report on Friday, December 20th. Three analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $13.18.
Check Out Our Latest Stock Report on GT
Goodyear Tire & Rubber Trading Up 9.1 %
NASDAQ GT opened at $9.79 on Monday. The firm has a market capitalization of $2.79 billion, a PE ratio of 40.79 and a beta of 1.71. The business's 50-day moving average price is $9.11 and its two-hundred day moving average price is $8.97. The company has a current ratio of 1.04, a quick ratio of 0.55 and a debt-to-equity ratio of 1.30. Goodyear Tire & Rubber has a 12 month low of $7.27 and a 12 month high of $13.86.
Institutional Investors Weigh In On Goodyear Tire & Rubber
Several hedge funds and other institutional investors have recently modified their holdings of GT. Allworth Financial LP grew its position in Goodyear Tire & Rubber by 251.8% in the 4th quarter. Allworth Financial LP now owns 4,274 shares of the company's stock valued at $40,000 after purchasing an additional 3,059 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of Goodyear Tire & Rubber during the third quarter valued at about $45,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Goodyear Tire & Rubber during the fourth quarter worth about $46,000. Signaturefd LLC raised its holdings in shares of Goodyear Tire & Rubber by 61.2% in the 4th quarter. Signaturefd LLC now owns 5,259 shares of the company's stock worth $47,000 after acquiring an additional 1,997 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. bought a new position in Goodyear Tire & Rubber in the 4th quarter valued at about $54,000. Institutional investors own 84.19% of the company's stock.
Goodyear Tire & Rubber Company Profile
(
Get Free Report)
Goodyear Tire & Rubber Co engages in the development, manufacture, distribution, and sale of tires. It operates through the following geographical segments: Americas, Europe, Middle East, and Africa, and Asia Pacific. The Americas segment is involved in the development, manufacture, distribution, and sale of tires and related products and services in North, Central, and South America.
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