Goodyear Tire & Rubber Co (GT) concluded trading on Wednesday at a closing price of $9.39, with 4.8 million shares of worth about $45.09 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 5.62% during that period and on Wednesday the price saw a loss of about -1.57%. Currently the company’s common shares owned by public are about 284.97M shares, out of which, 257.78M shares are available for trading.
Stock saw a price change of -11.67% in past 5 days and over the past one month there was a price change of 2.62%. Year-to-date (YTD), GT shares are showing a performance of 4.33% which decreased to -23.16% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.27 but also hit the highest price of $13.86 during that period. The average intraday trading volume for Goodyear Tire & Rubber Co shares is 5.24 million. The stock is currently trading 2.65% above its 20-day simple moving average (SMA20), while that difference is up 3.16% for SMA50 and it goes to -3.63% lower than SMA200.
Goodyear Tire & Rubber Co (NASDAQ: GT) currently have 284.97M outstanding shares and institutions hold larger chunk of about 85.64% of that.
The stock has a current market capitalization of $2.68B and its 3Y-monthly beta is at 1.71. PE ratio of stock for trailing 12 months is 38.91, while it has posted earnings per share of $0.24 in the same period. Its PEG reads 1.65 and has Quick Ratio of 0.55 while making debt-to-equity ratio of 1.85. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GT, volatility over the week remained 4.67% while standing at 4.32% over the month.
Stock’s fiscal year EPS is expected to rise by 39.36% while it is estimated to increase by 29.38% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Argus on February 18, 2025 offering a Buy rating for the stock and assigned a target price of $12 to it. Coverage by Deutsche Bank stated Goodyear Tire & Rubber Co (GT) stock as a Hold in their note to investors on December 20, 2024, suggesting a price target of $10 for the stock. On September 05, 2024, Wolfe Research Downgrade their recommendations, while on June 13, 2024, Morgan Stanley Initiated their ratings for the stock with a price target of $14. Stock get a Buy rating from HSBC Securities on December 04, 2023.
