While Goodyear Tire & Rubber Co has overperformed by 1.19%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, GT fell by -7.21%, with highs and lows ranging from $13.26 to $7.27, whereas the simple moving average jumped by 19.87% in the last 200 days.
On March 31, 2025, Deutsche Bank Upgraded Goodyear Tire & Rubber Co (NASDAQ: GT) to Buy. A report published by TD Cowen on March 07, 2025, Initiated its previous ‘Buy’ rating for GT. Argus also Upgraded GT shares as ‘Buy’, setting a target price of $12 on the company’s shares in a report dated February 18, 2025. Deutsche Bank Initiated an Hold rating on December 20, 2024, and assigned a price target of $10. Wolfe Research September 05, 2024d its ‘Outperform’ rating to ‘Peer Perform’ for GT, as published in its report on September 05, 2024. Morgan Stanley’s report from June 13, 2024 suggests a price prediction of $14 for GT shares, giving the stock a ‘Equal-Weight’ rating. HSBC Securities also rated the stock as ‘Buy’.
Analysis of Goodyear Tire & Rubber Co (GT)
Further, the quarter-over-quarter decrease in sales is -3.30%, showing a negative trend in the upcoming months.
Goodyear Tire & Rubber Co’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 1.49% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.55, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and GT is registering an average volume of 6.43M. On a monthly basis, the volatility of the stock is set at 7.05%, whereas on a weekly basis, it is put at 3.11%, with a gain of 11.48% over the past seven days. Furthermore, long-term investors anticipate a median target price of $12.12, showing growth from the present price of $11.07, which can serve as yet another indication of whether GT is worth investing in or should be passed over.
How Do You Analyze Goodyear Tire & Rubber Co Shares?
A giant in the Auto Parts market, Goodyear Tire & Rubber Co (GT) is based in the USA. When comparing Goodyear Tire & Rubber Co shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 45.88, there is a growth in quarterly earnings of 125.85%.
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 9.60%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 85.69% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
GT shares are owned by institutional investors to the tune of 85.69% at present.
