Set Your Sights On Goodyear Tire & Rubber Co (NASDAQ: GT)’S Upside Potential

Goodyear Tire & Rubber Co (GT) concluded trading on Wednesday at a closing price of $10.88, with 4.19 million shares of worth about $45.55 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 32.04% during that period and on April 30, 2025 the price saw a loss of about -1.09%. 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 1.68% in past 5 days and over the past one month there was a price change of 17.75%. Year-to-date (YTD), GT shares are showing a performance of 20.89% which decreased to -8.11% 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 $13.26 during that period. The average intraday trading volume for Goodyear Tire & Rubber Co shares is 6.52 million. The stock is currently trading 9.18% above its 20-day simple moving average (SMA20), while that difference is up 13.46% for SMA50 and it goes to 17.87% higher than SMA200.

Goodyear Tire & Rubber Co (NASDAQ: GT) currently have 284.97M outstanding shares and institutions hold larger chunk of about 85.69% of that.

The stock has a current market capitalization of $3.10B and its 3Y-monthly beta is at 1.42. PE ratio of stock for trailing 12 months is 45.09, while it has posted earnings per share of $0.24 in the same period. Its PEG reads 1.85 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 2.77% while standing at 6.76% over the month.

Stock’s fiscal year EPS is expected to rise by 36.83% while it is estimated to increase by 34.32% 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 Deutsche Bank on March 31, 2025 offering a Buy rating for the stock and assigned a target price of $13 to it. Coverage by TD Cowen stated Goodyear Tire & Rubber Co (GT) stock as a Buy in their note to investors on March 07, 2025, suggesting a price target of $14 for the stock. On February 18, 2025, Argus Upgrade their recommendations, while on December 20, 2024, Deutsche Bank Resumed their ratings for the stock with a price target of $10. Stock get a Peer perform rating from Wolfe Research on September 05, 2024.

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