Currently, there are 284.97M common shares owned by the public and among those 257.78M shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The company’s stock has a 5-day price change of -11.11% and -20.08% over the past three months. GT shares are trading -5.78% year to date (YTD), with the 12-month market performance down to -28.62% lower. It has a 12-month low price of $7.27 and touched a high of $13.86 over the same period. GT has an average intraday trading volume of 5.24 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -7.48%, -6.30%, and -12.26% respectively.
Institutional ownership of Goodyear Tire & Rubber Co (NASDAQ: GT) shares accounts for 85.85% of the company’s 284.97M shares outstanding.
It has a market capitalization of $2.42B and a beta (3y monthly) value of 1.53. The stock’s trailing 12-month PE ratio is 35.14, while the earnings-per-share (ttm) stands at $0.24. The company has a PEG of 1.49 and a Quick Ratio of 0.55 with the debt-to-equity ratio at 1.85. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.02% over the week and 4.78% over the month.
Earnings per share for the fiscal year are expected to increase by 39.36%, and 29.38% over the next financial year.
Looking at the support for the GT, a number of firms have released research notes about the stock. Argus stated their Buy rating for the stock in a research note on February 18, 2025, with the firm’s price target at $12. Deutsche Bank coverage for the Goodyear Tire & Rubber Co (GT) stock in a research note released on December 20, 2024 offered a Hold rating with a price target of $10. Wolfe Research was of a view on September 05, 2024 that the stock is Peer Perform, while Morgan Stanley gave the stock Equal-Weight rating on June 13, 2024, issuing a price target of $14. HSBC Securities on their part issued Buy rating on December 04, 2023.
