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The price of Goodyear Tire & Rubber Co (NASDAQ: GT) closed at $10.73 in the last session, down -1.38% from day before closing price of $10.88. In other words, the price has decreased by -$1.38 from its previous closing price. On the day, 4.4 million shares were traded. GT stock price reached its highest trading level at $10.9 during the session, while it also had its lowest trading level at $10.4.
Ratios:
We take a closer look at GT’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 3059272960 and an Enterprise Value of 11183773696. As of this moment, Goodyear’s Price-to-Earnings (P/E) ratio for their current fiscal year is 44.47, and their Forward P/E ratio for the next fiscal year is 5.56. 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. Its current Enterprise Value per Revenue stands at 0.592 whereas that against EBITDA is 6.964.
Stock Price History:
The Beta on a monthly basis for GT is 1.42, which has changed by -0.123366 over the last 52 weeks, in comparison to a change of 0.092895746 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 11.87%, while the 200-Day Moving Average is calculated to be 16.29%.
Shares Statistics:
According to the various share statistics, GT traded on average about 6.53M shares per day over the past 3-months and 4695580 shares per day over the past 10 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 1744675200 were 21345260 with a Short Ratio of 3.27, compared to 1741910400 on 19546950. Therefore, it implies a Short% of Shares Outstanding of 21345260 and a Short% of Float of 9.7799994.
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.
Earnings Estimates
The performance of Goodyear Tire & Rubber Co (GT) in the stock market is under the watchful eye of 5.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.19, with high estimates of $0.29 and low estimates of $0.14.
Analysts are recommending an EPS of between $1.55 and $1.28 for the fiscal current year, implying an average EPS of $1.45. EPS for the following year is $1.87, with 8.0 analysts recommending between $2.15 and $1.5.
Revenue Estimates
According to 5 analysts, the current quarter’s revenue is expected to be $4.41B. It ranges from a high estimate of $4.53B to a low estimate of $4.32B. As of the current estimate, Goodyear Tire & Rubber Co’s year-ago sales were $4.54BFor the next quarter, 5 analysts are estimating revenue of $4.49B. There is a high estimate of $4.63B for the next quarter, whereas the lowest estimate is $4.37B.
A total of 6 analysts have provided revenue estimates for GT’s current fiscal year. The highest revenue estimate was $19.02B, while the lowest revenue estimate was $18.14B, resulting in an average revenue estimate of $18.49B. In the same quarter a year ago, actual revenue was $18.88BBased on 8 analysts’ estimates, the company’s revenue will be $18.86B in the next fiscal year. The high estimate is $19.59B and the low estimate is $18.24B.
