The Goodyear Tire & Rubber Company (GT)

NASDAQ: GT · Real-Time Price · USD
9.38
-0.08 (-0.85%)
Jan 17, 2025, 4:00 PM EST - Market closed
-0.85%
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]

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 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.

Price Target
$13.3
(41.79% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

6 days ago - Seeking Alpha

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...

11 days ago - PRNewsWire

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...

11 days ago - PRNewsWire

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.

12 days ago - Reuters

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 ...

12 days ago - PRNewsWire

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...

13 days ago - PRNewsWire

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.

Other symbols: ARCRKRRCVFC
13 days ago - Benzinga

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...

19 days ago - PRNewsWire

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...

2 months ago - PRNewsWire

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) ...

2 months ago - PRNewsWire

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...

2 months ago - Seeking Alpha

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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.

3 months ago - CNBC International TV

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...

4 months ago - Seeking Alpha

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/ --...

5 months ago - 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.

5 months ago - Reuters

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...

6 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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.

6 months ago - Reuters

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-...

6 months ago - PRNewsWire