The Goodyear Tire & Rubber Company ( GT) Stock. Should you Buy or Sell? $ 14.02
0.39 (2.71 %)
The Goodyear Tire & Rubber Company Analysis
Updated on 10-09-2022| Symbol | GT |
| Price | $14.02 |
| Beta | 1.882 |
| Volume Avg. | $4.22 M |
| Market Cap | $3.96 B |
| 52 Week Range | $10.33 - $24.89 |
The Goodyear Tire & Rubber Company opened the day at $14.02 which is +'2.71 % on yesterday's close. The Goodyear Tire & Rubber Company has a 52 week high of $24.89 and 52 week low of $10.33, which is a difference of $14.56. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $3.96 B and total net profit is $17478000000 which means the company is trading at 0.23 times profit to market capitalization. Theoretically, if you were to buy The Goodyear Tire & Rubber Company for $3.96 B, it would take 15 years to get your money back. The Goodyear Tire & Rubber Company are in the Auto Parts space which will have a sweet spot and industry standard for net profit multiples.
Price Chart
Financials
The Goodyear Tire & Rubber Company Stock Forecast - Is The Goodyear Tire & Rubber Company a Buy or Sell?
| DCF Score | Strong Buy | |
| ROE Score | Neutral | |
| ROA Score | Neutral | |
| DE Score | Strong Buy | |
| PE Score | Buy | |
| PB Score | Buy | |
| Overall Recommendation | Buy |
Growth and Value
| PE Ratio | 4.040 |
| Dividend Yiel | 0.000 |
| Net Profit Margin | 0.047 |
Valuing The Goodyear Tire & Rubber Company
| Price Book Value Ratio | 0.770 | Price To Book Ratio | 0.770 |
| Price To Sales Ratio | 0.198 | Price Earnings Ratio | 4.187 |
How liquid is The Goodyear Tire & Rubber Company
| Current Ratio | 1.295 |
| Quick Ratio | 0.640 |
Debt
| Debt Ratio | 0.767 | Debt Equity Ratio | 3.393 |
| Long Term Debt To Capitalization | 0.619 | Total Debt To Capitalization | 0.646 |
Latest news about The Goodyear Tire & Rubber Company
BHP, RIO, and GT have been added to the Zacks Rank #5 (Strong Sell) List on August 9, 2022.
The Goodyear Tire & Rubber Company (NASDAQ:GT ) Q2 2022 Earnings Conference Call August 5, 2022 8:30 AM ET Company Participants Christian Gadzinski - Senior Director, Investor Relations Rich Kramer - Chief Executive Officer Darren Wells - Chief Financial Officer Christina Zamarro - Vice President, Finance and Treasurer Conference Call Participants John Healy - Northcoast Research James Picariello - BNP Paribas Exane Rod Lache - Wolfe Research Ryan Brinkman - JPMorgan Operator Good morning. My name is Ashley and I will be your conference operator today.
Goodyear (GT) delivered earnings and revenue surprises of 6.98% and 2.80%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Shares of Goodyear Tire & Rubber Co. GT, -1.18% jumped 4.9% toward a two-month high in premarket trading Friday, after the tire maker reported second-quarter profit and sales that rose above expectations. The upbeat results were a welcome relief to investors, as the stock tumbled 9.5% the day first-quarter results were reported, and 27.4% after fourth quarter results, which was the biggest one-day selloff since October 1987.
Goodyear is making airless tires through 3-D printing, one example of additive manufacturing's rise among industrials from Boeing to Cummins.
About The Goodyear Tire & Rubber Company
Description :
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 tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving equipment, and mining and industrial equipment under the Goodyear, Cooper, Dunlop, Kelly, Debica, Sava, Fulda, Mastercraft, Roadmaster, and various other house brands, as well as under the private-label brands. The company also retreads truck, aviation, and off-the-road tires; manufactures and sells tread rubber and other tire retreading materials; sells chemical and natural rubber products; and provides automotive and commercial truck maintenance and repair services, and miscellaneous other products and services. It operates approximately 1,000 retail outlets, which offer products for retail sale, and provides repair and other services. The company sells its products worldwide through a network of independent dealers, regional distributors, retail outlets, and retailers. The Goodyear Tire & Rubber Company was incorporated in 1898 and is headquartered in Akron, Ohio.
