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Goodyear Tire & Rubber Company (GT)

NASDAQ: GT · Delayed Price · USD
16.50
-0.01 (-0.06%)
After-hours:Sep 20, 2021 7:26 PM EDT
16.51
-0.47 (-2.77%)
At close: Sep 20, 4:00 PM
Market Cap4.64B
Revenue (ttm)14.61B
Net Income (ttm)159.00M
Shares Out244.00M
EPS (ttm)0.59
PE Ratio27.94
Forward PE6.48
Dividendn/a
Ex-Dividend Daten/a
Volume3,424,861
Open16.31
Previous Close16.98
Day's Range16.12 - 16.67
52-Week Range7.28 - 20.70
Beta2.16
AnalystsBuy
Price Target19.88 (+20.4%)
Est. Earnings DateOct 29, 2021

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, aircrafts, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and various other applications under the Goodyear, Dunlop, Kelly, Debica, Sava, Fulda, and various other Goodyear owned house brands, as well as under the private-label brands. The company also retreads truck, aviat...

IndustryAuto Components
Founded1898
CEORichard Kramer
Employees62,000
Stock ExchangeNASDAQ
Ticker SymbolGT
Full Company Profile

Financial Performance

In 2020, GT's revenue was $12.32 billion, a decrease of -16.44% compared to the previous year's $14.75 billion. Losses were -$1.25 billion, 320.9% more than in 2019.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for GT stock is "Buy." The 12-month stock price forecast is 19.88, which is an increase of 20.41% from the latest price.

Price Target
$19.88
(20.41% upside)
Analyst Consensus: Buy

News

Goodyear Plans To Raise €300M Via Debt Offering

Goodyear Tire & Rubber Co's (NASDAQ: GT) European subsidiary, Goodyear Europe B.V. (GEBV), has commenced a private offering of €300 million of senior notes due 2028.

15 hours ago - Benzinga

Goodyear Announces Offering Of €300 Million European Senior Notes

AKRON, Ohio, Sept. 20, 2021 /PRNewswire/ -- The Goodyear Tire & Rubber Company ("Goodyear") (NASDAQ: GT) today announced that its European subsidiary, Goodyear Europe B.V.

20 hours ago - PRNewsWire

Goodyear to Customize Tire CheckPoint Reader for Fleet Use

Goodyear has announced it will offer customized leasing options for its Goodyear CheckPoint drive-over reader device, a press release says. The new leasing options will make Goodyear CheckPoint a more a...

5 days ago - PYMNTS

Goodyear Launches New Purchase Options To Bring Automated Tire Inspection Technology To Fleets Across North America

AKRON, Ohio, Sept. 14, 2021 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that it will now offer customized leasing options for Goodyear CheckPoint, a drive-over-reader...

6 days ago - PRNewsWire

Goodyear To Present At Morgan Stanley Virtual Investor Conference

AKRON, Ohio, Sept. 8, 2021 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today said it will webcast its presentation during the Morgan Stanley Laguna Investor Conference on Sept.

1 week ago - PRNewsWire

Cooper Tire's New Endeavor™ and Endeavor Plus™ Tires Now Available for Cars, SUVs, and Pickup Trucks

FINDLAY, Ohio--(BUSINESS WIRE)--Cooper Tire today announced that its Cooper® Endeavor™ and Endeavor Plus™ tires for cars, SUVs, and pickup trucks, respectively, are now available for consumer purchase f...

1 week ago - Business Wire

Goodyear's road to creating racing tires

Yahoo Finance's Brian Sozzi takes a deep dive into the processes and costs that go into creating Goodyear's prestige racing tires for Nascar and the NHRA. Don't Miss: Valley of Hype: The Culture That Bu...

2 weeks ago - Yahoo Finance

Goodyear Names Jones Chief Sustainability Officer

AKRON, Ohio, Sept. 2, 2021 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that Ellis Jones has been named vice president and chief sustainability officer, reporting to C...

2 weeks ago - PRNewsWire

Goodyear (GT), Plus Unite for Safer & Efficient Autonomous Big Rigs

The partnership will pair Goodyear's (GT) intelligent tires with Plus' cutting-edge autonomous driving system to enhance a vehicle's overall performance.

3 weeks ago - Zacks Investment Research

North American Crane Bureau Expands Relationship with Goodyear into 2022 and Builds New Relationship with L'Air

ALTAMONTE SPRINGS, Fla., Aug. 24, 2021 /PRNewswire/ - North American Crane Bureau Group (NACB), a subsidiary of ProBility Media Corp, (OTCPK: PBYA), an education company building the first full-service ...

3 weeks ago - PRNewsWire

Goodyear Partners With Plus On Autonomous Trucks

Goodyear Tire & Rubber Co (NASDAQ: GT) has announced a partnership with Plus , a global provider of self-driving truck technology, to provide autonomous trucking solutions. Goodyear's suite of services,...

4 weeks ago - Benzinga

Here's Why Goodyear (GT) is a Strong Value Stock

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

4 weeks ago - Zacks Investment Research

Goodyear And Plus Collaborate On Autonomous Trucks

SHANGHAI, Aug. 23, 2021 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced a strategic collaboration with Plus (formerly Plus.ai), a global provider of self-driving truck te...

4 weeks ago - PRNewsWire

Goodyear Names Ewald Vice President, Strategy and Business Development

AKRON, Ohio, Aug. 19, 2021 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that Thad Ewald has been hired as vice president, Strategy and Business Development, reporting ...

1 month ago - PRNewsWire

Take a ride inside the Goodyear Blimp, plus a look at the legacy and history of the iconic ride

Yahoo Finance anchor and Editor-at-Large, Brian Sozzi takes a look back at the history of the Goodyear Blimp as well as what it is like to go for a ride. Watch the 2021 Berkshire Hathaway Annual Shareho...

1 month ago - Yahoo Finance

Goodyear's (GT) Venture Arm Expands Portfolio, Invests in AmpUp

Goodyear's (GT) partnership with AmpUp will help provide consumers and fleets access to seamless charging solutions.

1 month ago - Zacks Investment Research

Goodyear Tire & Rubber Invests Undisclosed Sum In EV Startup AmpUp

Goodyear Tire & Rubber Co (NASDAQ: GT) has invested an undisclosed sum in electric vehicle charging provider, AmpUp . Goodyear, Foothill Ventures, and TechNexus Venture Collaborative are the investment ...

1 month ago - Benzinga

Goodyear Ventures Invests In EV Charging And Software Company AmpUp

AKRON, Ohio, Aug. 16, 2021 /PRNewswire/ -- Goodyear (NASDAQ: GT) announced today that its venture capital arm, Goodyear Ventures, has added AmpUp, a leader in electric vehicle (EV) charging, to its inve...

1 month ago - PRNewsWire

Cooper Tire Launches Second Generation PRO Series™ Long Haul Steer 2 Tire

FINDLAY, Ohio--(BUSINESS WIRE)--Cooper Tire has launched its innovative, new PRO Series™ Long Haul Steer 2 tire to help drive down tire costs for fleets. The tire replaces its predecessor, the Cooper PR...

1 month ago - Business Wire

Goodyear CEO on earnings, tire technology, workers collaborating, and rebounding from the pandemic

Rich Kramer, Goodyear Chairman, CEO, and President, joins Yahoo Finance's Brian Sozzi to discuss business amid the pandemic, outlook on labor, Goddyear's acquisition of Cooper Tire, and future tire inno...

1 month ago - Yahoo Finance

Goodyear tire plant: Yahoo Finance reports on to the future of tire technology and company earnings

Yahoo Finance's Brian Sozzi gets a sneak peak of Goodyear's global headquarters in Akron, Ohio to report on the future of tire technology before his interview with Goodyear CEO Rich Kramer. Watch the 20...

1 month ago - Yahoo Finance

Goodyear (GT) Q2 Earnings Beat Estimates, Sales Soar 86% Y/Y

High sales volumes from the Europe, Middle East and Africa (EMEA) and Asia Pacific units drive Goodyear Tire's (GT) Q2 results.

1 month ago - Zacks Investment Research

Here's Why Goodyear (GT) is a Strong Growth Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

1 month ago - Zacks Investment Research

Goodyear (GT) Surpasses Q2 Earnings and Revenue Estimates

Goodyear (GT) delivered earnings and revenue surprises of 88.24% and 4.79%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Goodyear Reports Second Quarter, First Half 2021 Results

AKRON, Ohio, Aug. 6, 2021 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today reported results for the second quarter and first half of 2021. "We delivered merger-adjusted segment oper...

1 month ago - PRNewsWire