Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Goodyear Tire & Rubber Co (NASDAQ: GT) closed at $9.06 down -6.98% from its previous closing price of $9.74. In other words, the price has decreased by -$6.98 from its previous closing price. On the day, 10.42 million shares were traded. GT stock price reached its highest trading level at $9.63 during the session, while it also had its lowest trading level at $8.86.
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 0.55 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:
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:
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 2776799488 and an Enterprise Value of 10890250240. As of this moment, Goodyear’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.55, and their Forward P/E ratio for the next fiscal year is 4.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.54. 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 0.54. Its current Enterprise Value per Revenue stands at 0.577 whereas that against EBITDA is 6.781.
Stock Price History:
The Beta on a monthly basis for GT is 1.42, which has changed by -0.26161367 over the last 52 weeks, in comparison to a change of 0.028231144 over the same period for the S&P500. 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 -1.36%, while the 200-Day Moving Average is calculated to be -2.37%.
Shares Statistics:
For the past three months, GT has traded an average of 6.24M shares per day and 10115810 over the past ten days. 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 85.70% stake in the company. Shares short for GT as of 1741910400 were 19546950 with a Short Ratio of 3.08, compared to 1739491200 on 21061053. Therefore, it implies a Short% of Shares Outstanding of 19546950 and a Short% of Float of 8.9499995.
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.
