A share price of Goodyear Tire & Rubber Co [GT] is currently trading at $8.82, down -9.07%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GT shares have lost -4.55% over the last week, with a monthly amount drifted -9.91%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Goodyear Tire & Rubber Co [NASDAQ: GT] stock has seen the most recent analyst activity on March 31, 2025, when Deutsche Bank upgraded its rating to a Buy but kept the price target unchanged to $13 for it. Previously, TD Cowen started tracking the stock with Buy rating on March 07, 2025, and set its price target to $14. On February 18, 2025, upgrade upgraded it’s rating to Buy but maintained its price target of $12 on the stock. Wolfe Research downgraded its rating to a Peer Perform. Morgan Stanley started tracking with a Equal-Weight rating for this stock on June 13, 2024, and assigned it a price target of $14. In a note dated December 04, 2023, HSBC Securities initiated an Buy rating and provided a target price of $16.80 on this stock.
Goodyear Tire & Rubber Co experienced fluctuations in its stock price throughout the past year between $7.27 and $13.48. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. Goodyear Tire & Rubber Co [NASDAQ: GT] shares were valued at $8.82 at the most recent close of the market. An investor can expect a potential return of 81.41% based on the average GT price forecast.
Analyzing the GT fundamentals
Trailing Twelve Months sales for Goodyear Tire & Rubber Co [NASDAQ:GT] were 18.88B which represents -3.30% decline. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.79.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.33 points at the first support level, and at 7.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.60, and for the 2nd resistance point, it is at 10.38.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Goodyear Tire & Rubber Co [NASDAQ:GT] is 1.04. As well, the Quick Ratio is 0.55, while the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 0.13, the price to book ratio is 0.53 and price to earnings (TTM) ratio is 36.55.
Transactions by insiders
Recent insider trading involved MCGLADE JOHN E, Director, that happened on Aug 13 ’24 when 31408.0 shares were purchased. Director, KOELLNER LAURETTE T completed a deal on Aug 12 ’24 to buy 26000.0 shares. Meanwhile, Sr VP and General Counsel Phillips David Emmitt sold 77009.0 shares on Aug 12 ’24.
