Goodyear Tire & Rubber Co (NASDAQ: GT): Do Not Miss The Gain Train

Goodyear Tire & Rubber Co (GT) concluded trading on Wednesday at a closing price of $9.54, with 4.07 million shares of worth about $38.78 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 18.36% during that period and on March 26, 2025 the price saw a gain of about 2.14%. Currently the company’s common shares owned by public are about 284.97M shares, out of which, 257.74M shares are available for trading.

Stock saw a price change of 5.53% in past 5 days and over the past one month there was a price change of 0.00%. Year-to-date (YTD), GT shares are showing a performance of 6.00% which decreased to -27.12% 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 5.43 million. The stock is currently trading 3.59% above its 20-day simple moving average (SMA20), while that difference is up 3.72% for SMA50 and it goes to 1.37% higher than SMA200.

Goodyear Tire & Rubber Co (NASDAQ: GT) currently have 284.97M outstanding shares and institutions hold larger chunk of about 85.74% of that.

The stock has a current market capitalization of $2.72B and its 3Y-monthly beta is at 1.51. PE ratio of stock for trailing 12 months is 39.54, while it has posted earnings per share of $0.24 in the same period. Its PEG reads 1.59 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 3.35% while standing at 4.40% over the month.

Stock’s fiscal year EPS is expected to rise by 37.62% while it is estimated to increase by 31.55% 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 TD Cowen on March 07, 2025 offering a Buy rating for the stock and assigned a target price of $14 to it. Coverage by Argus stated Goodyear Tire & Rubber Co (GT) stock as a Buy in their note to investors on February 18, 2025, suggesting a price target of $12 for the stock. Stock get an Equal-weight rating from Morgan Stanley on June 13, 2024.

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