Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Goodyear Tire & Rubber Co (NASDAQ: GT) was $10.70 for the day, up 2.39% from the previous closing price of $10.45. In other words, the price has increased by $2.39 from its previous closing price. On the day, 5.9 million shares were traded.
Ratios:
Our analysis of GT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 1.85 whereas as Long-Term Debt/Eq ratio is at 1.51.
On March 07, 2025, TD Cowen started tracking the stock assigning a Buy rating and target price of $14.
Argus Upgraded its Hold to Buy on February 18, 2025, while the target price for the stock was maintained at $12.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 44.34, and their Forward P/E ratio for the next fiscal year is 5.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16 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 $13.26, while it has fallen to a 52-week low of $7.27. The 50-Day Moving Average of the stock is 14.03%, while the 200-Day Moving Average is calculated to be 15.89%.
Shares Statistics:
A total of 284.97M shares are outstanding, with a floating share count of 257.74M. Insiders hold about 9.60% of the company’s shares, while institutions hold 85.80% stake in the company.
