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 $9.30 for the day, down -0.85% from the previous closing price of $9.38. In other words, the price has decreased by -$0.85 from its previous closing price. On the day, 4.27 million shares were traded. GT stock price reached its highest trading level at $9.49 during the session, while it also had its lowest trading level at $9.155.
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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on March 07, 2025, initiated with a Buy rating and assigned the stock a target price of $14.
On February 18, 2025, Argus Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GT now has a Market Capitalization of 2651560192 and an Enterprise Value of 10776260608. As of this moment, Goodyear’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.54, and their Forward P/E ratio for the next fiscal year is 4.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 0.56. Its current Enterprise Value per Revenue stands at 0.571 whereas that against EBITDA is 6.71.
Stock Price History:
The Beta on a monthly basis for GT is 1.47, which has changed by -0.24939466 over the last 52 weeks, in comparison to a change of 0.087141395 over the same period for the S&P500. Over the past 52 weeks, GT has reached a high of $13.86, while it has fallen to a 52-week low of $7.27. The 50-Day Moving Average of the stock is 2.02%, while the 200-Day Moving Average is calculated to be -2.72%.
Shares Statistics:
GT traded an average of 5.50M shares per day over the past three months and 6165140 shares per day over the past ten days. A total of 284.97M shares are outstanding, with a floating share count of 257.61M. Insiders hold about 9.60% of the company’s shares, while institutions hold 85.74% stake in the company. Shares short for GT as of 1740700800 were 21703192 with a Short Ratio of 3.94, compared to 1738281600 on 19028242. Therefore, it implies a Short% of Shares Outstanding of 21703192 and a Short% of Float of 9.94.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 2.81. The current Payout Ratio is 0.00% for GT, which recently paid a dividend on 2020-01-31 with an ex-dividend date of 1580428800. Stock splits for the company last occurred on 1993-05-05 when the company split stock in a 2:1 ratio.
