Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Goodyear Tire & Rubber Co (NASDAQ: GT) closed at $11.05 down -2.30% from its previous closing price of $11.31. In other words, the price has decreased by -$2.30 from its previous closing price. On the day, 5.07 million shares were traded.
Ratios:
For a deeper understanding of Goodyear Tire & Rubber Co’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 1.83 whereas as Long-Term Debt/Eq ratio is at 1.64.
On March 31, 2025, Deutsche Bank Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $13.
On March 07, 2025, TD Cowen started tracking the stock assigning a Buy rating and target price of $14.TD Cowen initiated its Buy rating on March 07, 2025, with a $14 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 13 ’24 when MCGLADE JOHN E bought 31,408 shares for $8.03 per share. The transaction valued at 252,206 led to the insider holds 31,408 shares of the business.
KOELLNER LAURETTE T bought 26,000 shares of GT for $205,400 on Aug 12 ’24. The Director now owns 26,000 shares after completing the transaction at $7.90 per share. On Aug 12 ’24, another insider, Phillips David Emmitt, who serves as the Sr VP and General Counsel of the company, sold 77,009 shares for $7.89 each. As a result, the insider received 607,601 and left with 0 shares of the company.
Valuation Measures:
As of this moment, Goodyear’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.18, and their Forward P/E ratio for the next fiscal year is 5.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 0.64.
Stock Price History:
Over the past 52 weeks, GT has reached a high of $12.58, while it has fallen to a 52-week low of $7.27. The 50-Day Moving Average of the stock is 6.35%, while the 200-Day Moving Average is calculated to be 18.53%.
Shares Statistics:
A total of 285.65M shares are outstanding, with a floating share count of 258.05M. Insiders hold about 9.68% of the company’s shares, while institutions hold 86.70% stake in the company.
