The Goodyear Tire & Rubber Company (GT)

NASDAQ: GT · IEX Real-Time Price · USD
11.71
-0.26 (-2.17%)
At close: Apr 18, 2024, 4:00 PM
11.74
+0.03 (0.26%)
After-hours: Apr 18, 2024, 5:37 PM EDT
-2.17%
Market Cap 3.33B
Revenue (ttm) 20.07B
Net Income (ttm) -687.00M
Shares Out 284.15M
EPS (ttm) -2.42
PE Ratio n/a
Forward PE 9.09
Dividend n/a
Ex-Dividend Date n/a
Volume 3,612,430
Open 12.04
Previous Close 11.97
Day's Range 11.67 - 12.12
52-Week Range 10.12 - 16.51
Beta 1.85
Analysts Buy
Price Target 16.30 (+39.2%)
Earnings Date May 2, 2024

About GT

The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. It offers various lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and other applications under the Goodyear, Cooper, Dunlop, Kelly, Mastercraft, Roadmaster, Debica, Sava, Fulda, Mickey Thompson, Avon, and Remington brands and various house brands, as well as under the private-label... [Read more]

Industry Auto Parts
Founded 1898
Employees 71,000
Stock Exchange NASDAQ
Ticker Symbol GT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for GT stock is "Buy." The 12-month stock price forecast is $16.3, which is an increase of 39.20% from the latest price.

Price Target
$16.3
(39.20% upside)
Analyst Consensus: Buy
Stock Forecasts

News

GOODYEAR TAKES INNOVATION TO NEW HEIGHTS WITH SKYGRIP™ TIRES FOR BLIMPS

AKRON, Ohio, April 1, 2024 /PRNewswire/ -- In a bold move that redefines the boundaries of aerial transportation, The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced the launch of an exclu...

17 days ago - PRNewsWire

GOODYEAR INTRODUCES THE RL-5K OFF-THE-ROAD TIRE WITH THREE STAR LOAD CAPACITY RATING FOR HEAVY DUTY LOADERS

The RL-5K with three-star designation offers larger wheel loaders, more load carrying capacity and a deep tread for cut resistance and traction AKRON, Ohio , March 20, 2024 /PRNewswire/ -- The Goodyea...

4 weeks ago - PRNewsWire

Tire Maker Goodyear to Close Malaysia Plant, Affecting 550 Jobs

The Akron, Ohio-based tire maker said the move is part of its plan aimed at delivering annualized cost reductions of $1 billion by 2025.

5 weeks ago - WSJ

TWO GOODYEAR ASSOCIATES RECOGNIZED AS EXCEPTIONAL WOMEN IN MANUFACTURING

The Manufacturing Institute will honor Goodyear's Brandy Moorhead and Margareta Perangin-angin AKRON, Ohio , March 8, 2024 /PRNewswire/ -- The Manufacturing Institute (MI)—the workforce development an...

5 weeks ago - PRNewsWire

GOODYEAR ANNOUNCES WINNERS IN 40TH ANNIVERSARY HIGHWAY HERO PROGRAM

Winners highlight the important role truckers play in keeping our highways safe by going above and beyond to help those in need AKRON, Ohio , March 4, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber C...

6 weeks ago - PRNewsWire

GOODYEAR INTRODUCES TWO HARD-WORKING TIRES FOR REGIONAL DELIVERY FLEETS

New Goodyear RangeMax™ RSA® ULT and RangeMax™ RTD™ ULT tires balance traction, range* and mileage for work vehicles AKRON, Ohio , March 4, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASD...

6 weeks ago - PRNewsWire

GOODYEAR REPORTS FOURTH QUARTER AND FULL-YEAR 2023 FINANCIAL RESULTS

AKRON, Ohio , Feb. 12, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today reported results for the fourth quarter and full-year 2023 in an Investor Letter published to its inve...

2 months ago - PRNewsWire

GOODYEAR TO PARTICIPATE IN WOLFE RESEARCH GLOBAL AUTO AND AUTO TECH CONFERENCE

AKRON, Ohio , Feb. 9, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) said today it will participate in a fireside chat during Wolfe Research's Global Auto and Auto Tech Conferenc...

2 months ago - PRNewsWire

Mexico Goodyear workers win $4.2 million back pay in US labor rights challenge

The U.S. government on Monday announced that a labor rights mediation plan at a Goodyear Tire & Rubber Co plant in Mexico has delivered $4.2 million in back pay to more than 1,300 current and former w...

2 months ago - Reuters

GOODYEAR TO ANNOUNCE FOURTH QUARTER AND FULL-YEAR 2023 FINANCIAL RESULTS

AKRON, Ohio , Feb. 5, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) will report fourth quarter and full-year 2023 financial results after market close on Monday, Feb. 12, follow...

2 months ago - PRNewsWire

GOODYEAR NAMES GREG SHANK SENIOR DIRECTOR OF INVESTOR RELATIONS

AKRON, Ohio , Feb. 1, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that Greg Shank has been named senior director of Investor Relations. He reports to Christina...

2 months ago - PRNewsWire

GOODYEAR ANNOUNCES THE GP-3E OFF-THE-ROAD TIRE WITH A NEW VERSATILE TREAD DESIGN FOR WHEEL LOADERS, GRADERS AND ARTICULATED DUMP TRUCKS

The Goodyear GP-3E tire is rated for E-3, L-3 and G-3 loads and balances treadwear and traction to get the tough jobs done AKRON, Ohio , Jan. 31, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Compan...

2 months ago - PRNewsWire

Goodyear Tire names Stellantis' Mark Stewart as top boss

Goodyear Tire & Rubber Co named Stellantis executive Mark Stewart as its CEO on Thursday, who will succeed long-time top boss Richard Kramer.

Other symbols: STLA
3 months ago - Reuters

GOODYEAR ANNOUNCES SENIOR LEADERSHIP TRANSITION: MARK STEWART TO SUCCEED RICH KRAMER AS CEO

Kramer to Retire as Chairman, CEO and President Laurette Koellner, Independent Lead Director, Named Board Chair AKRON, Ohio , Jan. 18, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: ...

3 months ago - PRNewsWire

Goodyear to name Stellantis exec Mark Stewart as new CEO - Bloomberg News

Goodyear Tire & Rubber Co is expected to name Stellantis executive Mark Stewart as its new CEO following a pressure campaign by activist investor Elliott Investment Management L.P. , Bloomberg News re...

3 months ago - Reuters

SpeedPro Expands Presence with New Goodyear-Avondale Studio in Arizona

GOODYEAR, Ariz. & AVONDALE, Ariz.--(BUSINESS WIRE)--SpeedPro, a leading provider of best-in-class large format printing and graphics, proudly announces the grand opening of its newest studio in the Ar...

3 months ago - Business Wire

Self-Driving Trucks and Smart Tires Are a Good Deal for Goodyear

Goodyear Tire and self-driving trucking company Gatik are using tire technology to improve autonomous-driving systems.

3 months ago - Barrons

Goodyear and Gatik Further Advance Safety of Autonomous Vehicles With Tire Intelligence Integration

AKRON, Ohio--(BUSINESS WIRE)--The Goodyear Tire & Rubber Company, a leader in connected mobility, and Gatik (Gatik AI, Inc.), the leader in autonomous middle mile B2B logistics, announced the expansio...

3 months ago - Business Wire

GOODYEAR INTRODUCES GOODYEAR® ELECTRICDRIVE™ 2 WITH ELEVATED PERFORMANCE CAPABILITY AND SUSTAINABLE MATERIALS

New Goodyear® ElectricDrive™ 2 is built for electric vehicles and designed to deliver upgraded all-season traction and long-lasting tread life AKRON, Ohio, Jan. 9, 2024 /PRNewswire/ -- At CES® 2024, T...

3 months ago - PRNewsWire

GOODYEAR AND ZF COLLABORATE TO IMPROVE VEHICLE MOTION CONTROL WITH TIRE INTELLIGENCE

Integration of Goodyear SightLine and ZF cubiX explores new safety features and enhanced driving dynamics Collaboration named a CES 2024 Innovation Award Honoree AKRON, Ohio and FRIEDRICHSHAFEN, Germa...

3 months ago - PRNewsWire

GOODYEAR AND TNO ENABLE SAFER MOBILITY WITH TIRE INTELLIGENCE

Integrating tire intelligence powered by Goodyear SightLine into advanced anti-lock brake systems has the potential to reduce stopping distance by nearly six feet AKRON, Ohio , Jan. 9, 2024 /PRNewswir...

3 months ago - PRNewsWire

GOODYEAR AND GATIK FURTHER ADVANCE SAFETY OF AUTONOMOUS VEHICLES WITH TIRE INTELLIGENCE INTEGRATION

Intelligent tire data allows for safer, more predictable and efficient autonomous vehicle performance AKRON, Ohio , Jan. 9, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT), a lead...

3 months ago - PRNewsWire

TDK AND GOODYEAR ANNOUNCE COLLABORATION TO ADVANCE TIRE INTELLIGENCE TECHNOLOGIES

The two companies aim to develop a collection of sensors and related technologies for use in vehicles and tire applications AKRON, Ohio , Jan. 9, 2024 /PRNewswire/ -- TDK Corporation (TSE 6762) and Th...

3 months ago - PRNewsWire

GOODYEAR CELEBRATES THE OHIO STATE UNIVERSITY AND THE UNIVERSITY OF MISSOURI'S ROAD TO THE 88TH GOODYEAR COTTON BOWL CLASSIC WITH MASCOT TIRE ART TRADITION

For the eighth year, Goodyear honors the two Goodyear Cotton Bowl Classic teams with intricately designed, handcrafted sculptures made entirely from Goodyear branded tires AKRON, Ohio , Dec. 27, 2023 ...

4 months ago - PRNewsWire

These unsung stock market heroes offer 9 favorite picks for 2024

Stock newsletter writers don't pop up much on CNBC, but that doesn't mean you should ignore these unsung market heroes. Many are great analysts with solid long-term records.

4 months ago - Market Watch