The Goodyear Tire & Rubber Company (NASDAQ:GT – Free Report) – Equities researchers at Zacks Research lowered their Q1 2025 EPS estimates for Goodyear Tire & Rubber in a research note issued to investors on Monday, January 27th. Zacks Research analyst R. Department now expects that the company will earn $0.43 per share for the quarter, down from their previous estimate of $0.54. The consensus estimate for Goodyear Tire & Rubber’s current full-year earnings is $1.05 per share. Zacks Research also issued estimates for Goodyear Tire & Rubber’s Q2 2025 earnings at $0.44 EPS, Q4 2025 earnings at $0.27 EPS, Q1 2026 earnings at $0.56 EPS, Q2 2026 earnings at $0.51 EPS and FY2026 earnings at $2.18 EPS.
Other equities research analysts also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $10.00 price objective on shares of Goodyear Tire & Rubber in a research report on Friday, December 20th. StockNews.com cut shares of Goodyear Tire & Rubber from a “buy” rating to a “hold” rating in a research note on Wednesday, November 13th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, Goodyear Tire & Rubber presently has a consensus rating of “Hold” and an average target price of $13.30.
Goodyear Tire & Rubber Price Performance
GT stock opened at $9.13 on Wednesday. The business has a 50 day simple moving average of $9.43 and a 200-day simple moving average of $9.15. Goodyear Tire & Rubber has a twelve month low of $7.27 and a twelve month high of $14.71. The company has a current ratio of 1.14, a quick ratio of 0.65 and a debt-to-equity ratio of 1.51. The company has a market capitalization of $2.60 billion, a P/E ratio of -8.78 and a beta of 1.80.
Goodyear Tire & Rubber (NASDAQ:GT – Get Free Report) last announced its earnings results on Monday, November 4th. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.12. The company had revenue of $4.82 billion for the quarter, compared to analyst estimates of $4.96 billion. Goodyear Tire & Rubber had a positive return on equity of 6.66% and a negative net margin of 1.56%. The firm’s quarterly revenue was down 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.36 earnings per share.
Hedge Funds Weigh In On Goodyear Tire & Rubber
A number of hedge funds have recently modified their holdings of GT. Victory Capital Management Inc. grew its stake in shares of Goodyear Tire & Rubber by 3,921.7% in the third quarter. Victory Capital Management Inc. now owns 4,751,514 shares of the company’s stock valued at $42,051,000 after acquiring an additional 4,633,368 shares in the last quarter. Point72 Asset Management L.P. bought a new position in shares of Goodyear Tire & Rubber during the 2nd quarter valued at approximately $8,492,000. Barclays PLC increased its holdings in Goodyear Tire & Rubber by 158.6% in the 3rd quarter. Barclays PLC now owns 975,634 shares of the company’s stock worth $8,635,000 after acquiring an additional 598,330 shares during the last quarter. Cibc World Market Inc. grew its stake in Goodyear Tire & Rubber by 72.1% in the 4th quarter. Cibc World Market Inc. now owns 1,408,001 shares of the company’s stock valued at $12,672,000 after buying an additional 589,782 shares in the last quarter. Finally, Millennium Management LLC grew its holdings in Goodyear Tire & Rubber by 30.7% during the 2nd quarter. Millennium Management LLC now owns 2,462,581 shares of the company’s stock valued at $27,950,000 after buying an additional 578,762 shares in the last quarter. 84.19% of the stock is owned by institutional investors and hedge funds.
Goodyear Tire & Rubber Company Profile
Goodyear Tire & Rubber Co engages in the development, manufacture, distribution, and sale of tires. It operates through the following geographical segments: Americas, Europe, Middle East, and Africa, and Asia Pacific. The Americas segment is involved in the development, manufacture, distribution, and sale of tires and related products and services in North, Central, and South America.
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