GT

The Goodyear Tire & Rubber Company [GT] Stock Forecast

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RSI : 000

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GT


In the News

05:29 27 Sep 2023 GT

Goodyear Tire to cut 700 jobs, sell retail stores in Asia Pacific

Goodyear Tire & Rubber said on Friday it plans to cut 700 jobs and sell about 100 retail stores and fleet locations, under a rationalization plan for its Asia Pacific segment.

07:04 27 Sep 2023 GT

2 Wrecked Stocks Keeping Cars on the Road Ready for Repair

Rising oil prices and the cooling vehicle market have one thing in common: cars. Both developments impact vehicle sales and usage.

04:56 27 Sep 2023 GT

Goodyear stock ticks higher after company restructuring in Europe, Middle East and Africa

Shares of Goodyear Tire & Rubber Co. GT, +0.08% rose 1.5% in the extended session Friday after the tire company said it has embarked on a “rationalization plan and workforce reorganization” in Europe, Middle East and Africa aimed at improving its cost structure. “This restructuring is a part of a broader set of actions the company expects to take in order to fundamentally streamline its business, improve its competitive position and drive growth,” Goodyear said in a statement.

01:15 27 Sep 2023 GT

7 Stocks to Buy to Profit from a Flat Market

While the equities sector might not collapse (a la the Great Recession), it might not offer a decisively directional motion, which augurs well for stocks to buy for a flat market. Generally, investors have two choices: buy enterprises that may enjoy greater success, or short companies that may fail eventually.

12:55 27 Sep 2023 GT

Goodyear (GT) Q2 Earnings & Revenues Miss Estimates, Fall Y/Y

Goodyear (GT) misses second-quarter 2023 earnings due to lower volume and the adverse impacts of foreign exchange. The company expects raw material costs to rise $25 million in fiscal 2023.

01:26 27 Sep 2023 GT

Why Goodyear Tire Stock Fell Today

Goodyear fell to an unexpected loss in the quarter due to a range of macro and company-specific factors. The company should enjoy better year-over-year comparisons in the quarters to come, but demand remains a question.

11:58 27 Sep 2023 GT

Goodyear (GT) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for Goodyear (GT) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

08:59 27 Sep 2023 GT

Goodyear (GT) Reports Q2 Loss, Lags Revenue Estimates

Goodyear (GT) came out with a quarterly loss of $0.34 per share versus the Zacks Consensus Estimate of $0.15. This compares to earnings of $0.46 per share a year ago.

09:41 27 Sep 2023 GT

Goodyear Tire to add three directors to settle with Elliott

Goodyear Tire & Rubber Co will add three directors to its board in agreement with Elliott Investment Management, the company said on Tuesday, months after the activist investor disclosed a large investment.

09:40 27 Sep 2023 GT

Goodyear announces new directors and strategic review as part of Elliot agreement

Goodyear Tire & Rubber Co. GT, +0.50% has announced three additions to its board of directors and a strategic and operational review as part of the tire maker's cooperation agreement with activist investor Elliot Investment Management. The company's stock rose 0.2% Tuesday.

GT Financial details

Company Rating
Buy
Market Cap
3.5B
Income
-368M
Revenue
20.49B
Book val./share
17.91
Cash/share
3.68
Dividend
-
Dividend %
-
Employees
74K
Optionable
Yes
Shortable
Yes
Earnings
30 Oct 2023
P/E
-9.54
Forward P/E
-
PEG
0.65
P/S
0.17
P/B
0.69
P/C
3.3
P/FCF
-7.49
Quick Ratio
0.59
Current Ratio
1.28
Debt / Equity
1.93
LT Debt / Equity
1.73
-
-
EPS (TTM)
-1.37
EPS next Y
-
EPS next Q
0.18
EPS this Y
-69.52%
EPS next Y
-
EPS next 5Y
-170.8%
EPS last 5Y
-21.15%
Revenue last 5Y
6.1%
Revenue Q/Q
-1.5%
EPS Q/Q
108.57%
-
-
-
-
SMA20
-7.69%
SMA50
-20%
SMA100
9.09%
Inst Own
87.33%
Inst Trans
1.04%
ROA
-2%
ROE
-7%
ROC
0.01%
Gross Margin
16%
Oper. Margin
1%
Profit Margin
-2%
Payout
-
Shs Outstand
283.48M
Shs Float
281.86M
-
-
-
-
Target Price
17.5
52W Range
9.66-16.51
52W High
-24.06%
52W Low
+35%
RSI
41
Rel Volume
0.32
Avg Volume
3.88M
Volume
1.22M
Perf Week
-2.1%
Perf Month
-4.03%
Perf Quarter
17.62%
Perf Half Y
18.19%
-
-
-
-
Beta
1.81017
-
-
Volatility
0.23%, 0.29%
Prev Close
-1.38%
Price
12.15
Change
-1.22%

GT Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric History 2018-12-312019-12-312020-12-312021-12-31 2022-12-31
Revenue per share
65.363.2852.6566.9788.91
Net income per share
2.92-1.27-5.342.930.86
Operating cash flow per share
3.865.184.764.072.23
Free cash flow per share
0.441.8820.31-2.31
Cash per share
3.383.96.584.175.24
Book value per share
20.5218.6713.1519.1522.65
Tangible book value per share
18.4216.4911.6112.0314.74
Share holders equity per share
20.5218.6713.1519.1522.65
Interest debt per share
25.6729.4830.7533.7440
Market cap
4.84B3.62B2.55B5.56B2.38B
Enterprise value
9.8B9.25B7.89B12.9B10.06B
P/E ratio
6.98-12.2-2.047.2811.76
Price to sales ratio
0.310.250.210.320.11
POCF ratio
5.2832.295.244.56
PFCF ratio
46.078.295.4668.7-4.4
P/B Ratio
0.990.830.831.110.45
PTB ratio
0.990.830.831.110.45
EV to sales
0.630.630.640.740.48
Enterprise value over EBITDA
4.556.114.826.875.45
EV to operating cash flow
10.77.667.0712.1419.31
EV to free cash flow
93.3321.1616.85159.22-18.63
Earnings yield
0.14-0.08-0.490.140.09
Free cash flow yield
0.020.120.180.01-0.23
Debt to equity
1.181.52.231.681.68
Debt to assets
0.340.380.420.390.4
Net debt to EBITDA
2.33.7110.023.914.16
Current ratio
1.241.121.11.111.21
Interest coverage
3.742.12-1.012.571.96
Income quality
1.29-4.06-0.891.362.49
Dividend Yield
0.030.040.0100
Payout ratio
0.2-0.5-0.0300
Sales general and administrative to revenue
0.150.16000
Research and developement to revenue
00000
Intangibles to total assets
0.040.040.030.10.09
Capex to operating cash flow
-0.89-0.64-0.58-0.92-2.04
Capex to revenue
-0.05-0.05-0.05-0.06-0.05
Capex to depreciation
-1.04-0.97-0.75-1.11-1.1
Stock based compensation to revenue
000.030-0.01
Graham number
36.7523.1439.7635.5220.97
ROIC
0.08-0.1-0.030.10.03
Return on tangible assets
0.04-0.02-0.080.040.01
Graham Net
-33.97-37.99-40.01-44.23-49.12
Working capital
1.14B647M514M719M1.53B
Tangible asset value
4.37B3.84B2.72B3.14B3.45B
Net current asset value
-5.88B-6.71B-7.63B-8.89B-8.3B
Invested capital
1.181.52.231.681.68
Average receivables
2.03B1.99B1.82B2.04B2.5B
Average payables
2.86B2.91B2.93B3.55B4.48B
Average inventory
2.82B2.85B2.5B2.87B4.08B
Days sales outstanding
47.8848.0550.0949.8545.79
Days payables outstanding
89.1191.49103.99110.58103.41
Days of inventory on hand
87.1589.6976.0295.8198.41
Receivables turnover
7.627.67.297.327.97
Payables turnover
4.13.993.513.33.53
Inventory turnover
4.194.074.83.813.71
ROE
0.14-0.07-0.410.150.04
Capex per share
-3.42-3.3-2.76-3.76-4.53

Quarterly Fundamentals Overview

Last date of statement is 2023-06-30 for Q2

Metric History 2022-06-302022-09-302022-12-312023-03-31 2023-06-30
Revenue per share
18.3518.722.9717.3417.08
Net income per share
0.580.15-0.45-0.35-0.73
Operating cash flow per share
0.63-0.334.91-2.721.2
Free cash flow per share
-0.2-1.233.64-3.740.34
Cash per share
4.394.385.243.83.68
Book value per share
18.2217.9122.6518.4317.91
Tangible book value per share
11.7211.4214.7411.9611.48
Share holders equity per share
18.2217.9122.6518.4317.91
Interest debt per share
33.6834.4438.5935.6334.99
Market cap
3.04B2.87B2.38B3.14B3.9B
Enterprise value
11.25B11.29B10.06B12.09B12.68B
P/E ratio
4.5816.28-5.66-7.93-4.69
Price to sales ratio
0.580.540.440.640.8
POCF ratio
17.09-30.482.07-4.0511.43
PFCF ratio
-53.36-8.232.79-2.9540.61
P/B Ratio
0.590.560.450.60.76
PTB ratio
0.590.560.450.60.76
EV to sales
2.162.131.872.452.61
Enterprise value over EBITDA
21.2621.4233.7537.7756.62
EV to operating cash flow
63.19-120.078.76-15.637.2
EV to free cash flow
-197.33-32.4311.81-11.34132.12
Earnings yield
0.050.02-0.04-0.03-0.05
Free cash flow yield
-0.02-0.120.36-0.340.02
Debt to equity
1.831.91.681.911.93
Debt to assets
0.410.410.40.430.43
Net debt to EBITDA
15.5115.9825.7827.9639.22
Current ratio
1.31.331.211.321.28
Interest coverage
2.652.480.430.54-1.52
Income quality
1.05-1.96-10.937.83-1.64
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
00000
Research and developement to revenue
00000
Intangibles to total assets
0.090.090.090.090.09
Capex to operating cash flow
-1.322.7-0.260.38-0.72
Capex to revenue
-0.05-0.05-0.06-0.06-0.05
Capex to depreciation
-0.99-1.07-1.2-1.16-0.96
Stock based compensation to revenue
00-0.02-0.010
Graham number
15.487.915.121217.15
ROIC
0.010.0100-0.01
Return on tangible assets
0.010-0.010-0.01
Graham Net
-40.96-41.49-49.12-41.95-42.24
Working capital
2.1B2.49B1.53B2.23B1.92B
Tangible asset value
3.33B3.24B3.45B3.41B3.27B
Net current asset value
-8.33B-8.18B-8.3B-8.53B-8.68B
Invested capital
1.831.91.681.911.93
Average receivables
3.26B3.43B3.09B2.93B3.14B
Average payables
4.47B4.74B4.85B4.63B4.41B
Average inventory
4.21B4.63B4.72B4.56B4.46B
Days sales outstanding
57.0960.3343.7159.0956.09
Days payables outstanding
99.08102.2595.8595.5695.2
Days of inventory on hand
94.68101.6291.2297.7395.17
Receivables turnover
1.581.492.061.521.6
Payables turnover
0.910.880.940.940.95
Inventory turnover
0.950.890.990.920.95
ROE
0.030.01-0.02-0.02-0.04
Capex per share
-0.83-0.89-1.26-1.02-0.86

GT Frequently Asked Questions

What is The Goodyear Tire & Rubber Company stock symbol ?

The Goodyear Tire & Rubber Company is a US stock , located in Akron of Oh and trading under the symbol GT

Is The Goodyear Tire & Rubber Company buy or a sell ?

3 stock analysts have 3 predictions with a medium analyst target price of $17.5. The lowest prediction is $15 and the highest is $19

What is GT stock prediction ?

What is The Goodyear Tire & Rubber Company stock quote today ?

The Goodyear Tire & Rubber Company stock price is $12.15 today.

Is The Goodyear Tire & Rubber Company stock public?

Yes, The Goodyear Tire & Rubber Company is a publicly traded company.

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