The Goodyear Tire & Rubber Company (GT)
Market Cap | 2.67B |
Revenue (ttm) | 19.05B |
Net Income (ttm) | -297.00M |
Shares Out | 284.92M |
EPS (ttm) | -1.04 |
PE Ratio | n/a |
Forward PE | 5.54 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 4,862,295 |
Open | 9.57 |
Previous Close | 9.46 |
Day's Range | 9.38 - 9.61 |
52-Week Range | 7.27 - 14.97 |
Beta | 1.81 |
Analysts | Buy |
Price Target | 13.30 (+41.79%) |
Earnings Date | Feb 10, 2025 |
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]
Financial Performance
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for GT stock is "Buy." The 12-month stock price forecast is $13.3, which is an increase of 41.79% from the latest price.
News
It's Time To Rock N Roll With Goodyear Tire
Goodyear's long-term trend line suggests the stock is at the bottom of a 20-year trend, indicating potential for upward movement. The company has beaten earnings expectations for four consecutive quar...
Goodyear Celebrates the Road to the National Championship Through the 89th Goodyear Cotton Bowl Classic With Innovative Tire Art Honoring The University of Texas and The Ohio State University
Intricately designed, handcrafted sculptures feature new Goodyear Assurance WeatherReady 2 tire tread AKRON, Ohio , Jan. 9, 2025 /PRNewswire/ -- Goodyear (NASDAQ: GT) will return to the iconic Goodyea...
Goodyear Names Don Metzelaar Senior Vice President, Global Manufacturing and Supply Chain
AKRON, Ohio , Jan. 9, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that Don Metzelaar has been named senior vice president, Global Manufacturing and Supply Chai...
Tire maker Goodyear to sell Dunlop brand to Sumitomo Rubber for $701 mln
Goodyear Tire & Rubber Co said on Tuesday that it will sell its Dunlop brand to Sumitomo Rubber Industries for $701 million in cash.
Goodyear Announces Sale of Dunlop Brand to Sumitomo Rubber Industries
Gross cash proceeds at closing of approximately $701 million Advances Goodyear Forward transformation plan, optimizes portfolio of brands Goodyear to supply Dunlop tires to Sumitomo Rubber Industries ...
Goodyear and TNO Demonstrate Advanced Vehicle Integration to Mitigate Crashes in Adverse Weather
AKRON, Ohio , Jan. 7, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT), in collaboration with TNO, has announced a significant advancement to vehicle safety systems. The integratio...
Baby, It's Cold Outside: These 5 Winter-Ready Stocks Have What It Takes To Make You Feel Warm And Cozy
As a winter storm hit the central U.S. on Sunday afternoon, let's look at the top five winter-proof stocks expected to shield investors amid extreme winter uncertainties.
The Goodyear Blimp Celebrates 100 Years in the Sky with a 100+ City Tour and Passenger Flight Giveaway
AKRON, Ohio , Jan. 1, 2025 /PRNewswire/ -- Today, The Goodyear Tire & Rubber Company (NASDAQ: GT) announced its plans to celebrate the 100th anniversary of the Goodyear Blimp. From flights over more c...
Goodyear, U.S. Marine Corps Reserve to Host Annual Toys for Tots Events
AKRON, Ohio , Nov. 21, 2024 /PRNewswire/ -- For the 14th consecutive year, Goodyear (NASDAQ: GT) will host toy drives, in partnership with the U.S. Marine Corps Reserve, at its Blimp bases in Ohio, Fl...
Heroes Wanted: Goodyear Announces Call for 41st Annual Highway Hero Award Nominations
Goodyear's Highway Hero Award will celebrate commercial truck drivers' extraordinary acts of courage AKRON, Ohio , Nov. 14, 2024 /PRNewswire/ -- Today, The Goodyear Tire & Rubber Company (NASDAQ: GT) ...
The Goodyear Tire & Rubber Company (GT) Q3 2024 Earnings Call Transcript
The Goodyear Tire & Rubber Company (NASDAQ:GT) Q3 2024 Earnings Call Transcript November 5, 2024 8:30 AM ET Company Participants Greg Shank - Senior Director, IR Mark Stewart - CEO and President Chri...
Goodyear Announces Q3 2024 Results, Increases Goodyear Forward Targets
Third quarter Goodyear net loss of $34 million (12 cents per share); adjusted net income of $105 million (37 cents per share) Segment operating income of $347 million; SOI margin of 7.2%, up ~70 bps Y...
Goodyear to Announce Third Quarter 2024 Financial Results
AKRON, Ohio , Oct. 28, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) will report third quarter 2024 financial results after market close on Monday, November 4, followed by an in...
Goodyear says it's 'confident' about the Chinese market
Nathaniel Madarang, Asia-Pacific president at the tire company, explains why it will continue to invest in China.
Tire Producers: Healthy Dividends With Defensive History
The tire manufacturing industry deserves the attention of defense minded investors looking for safe yield. Tire manufacturers' revenue and margins have been broadly stable through recent economic upse...
Goodyear's Assurance WeatherReady® 2 Sets New Standard for All-season Tires with Industry-leading Test Results
New Assurance WeatherReady® 2 is the pinnacle tire for all-weather driving and outperforms leading competitors in wet handling, wet braking and dry handling AKRON, Ohio , Aug. 20, 2024 /PRNewswire/ --...
Tire maker Goodyear to invest C$575 million to upgrade Canada plant
The Canadian unit of Goodyear Tire & Rubber Co will invest over C$575 million ($418.4 million) to upgrade its plant in Napanee, Ontario, Prime Minister Justin Trudeau said on Monday.
Goodyear Tire & Rubber Company: An Ideal Time To Back Up The Truck
The Goodyear Tire & Rubber Company shares plummeted 15.1% on August 1st due to weak revenue in the second quarter of 2024. Despite the revenue decline, earnings and adjusted earnings per share were hi...
Goodyear Tire & Rubber: Larger Macro Concerns Outshine Progress On Strategy (Downgrade)
Goodyear Tire & Rubber is undergoing a turnaround, with shares down 20% since March 2024. Q2 2024 results showed revenue declines, margin improvement, and the sale of the company's Off-the-Road tire b...
The Goodyear Tire & Rubber Company (GT) Q2 2024 Earnings Call Transcript
The Goodyear Tire & Rubber Company (NASDAQ:GT) Q2 2024 Earnings Conference Call August 1, 2024 8:00 AM ET Company Participants Greg Shank - Senior Director, Investor Relations Mark Stewart - Presiden...
Goodyear Reports Second Quarter 2024 Financial Results
Second quarter Goodyear net income of $85 million (30 cents per share); adjusted net income of $54 million (19 cents per share) Segment operating income of $339 million, up $215 million compared to th...
Goodyear Names Mamatha Chamarthi Chief Digital Officer and Will Roland Chief Marketing Officer
AKRON, Ohio , July 30, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that Mamatha Chamarthi has been named senior vice president and Chief Digital Officer, and W...
Goodyear to Announce Second Quarter 2024 Financial Results
AKRON, Ohio , July 22, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) will report second quarter 2024 financial results after market close on Wednesday, July 31, followed by an i...
Goodyear to sell Off-the-Road tire business to Yokohama for $905 million
Goodyear Tire & Rubber will sell its Off-the-Road equipment tire business to Japan's Yokohama Rubber for $905 million in cash, it said on Monday, as part of a drive to streamline its business.
Goodyear Announces Sale of Off-The-Road Tire Business to Yokohama for $905 Million
AKRON, Ohio , July 22, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) ("Goodyear" or the "Company") today announced that it has signed a definitive agreement to sell its Off-the-...