In recent trading session, Goodyear Tire & Rubber Co. (NASDAQ:GT) saw 1.24 million shares changing hands at last check today with its beta currently measuring 1.78. Company’s recent per share price level of $12.33 trading at $0.4 or 3.35% at last check today assigns it a market valuation of $3.50B. That closing price of GT’s stock is at a discount of -33.82% from its 52-week high price of $16.50 and is indicating a premium of 17.92% from its 52-week low price of $10.12. Taking a look at company’s average trading volume volume of 3.69 million if we extend that period to 3-months.

Goodyear Tire & Rubber Co. (NASDAQ:GT) trade information

Upright in the green today for gaining 3.35%, in the last five days GT remained trading in the green while hitting it’s week-highest on Thursday, 05/02/24 when the stock touched $12.33 price level, subtracting -0.08% to its value on the day. Goodyear Tire & Rubber Co.’s shares saw a change of -13.90% in year-to-date performance and have moved 5.03% in past 5-day. Goodyear Tire & Rubber Co. (NASDAQ:GT) showed a performance of -8.19% in past 30-days.

Goodyear Tire & Rubber Co. (GT) estimates and forecasts

Statistics highlight that Goodyear Tire & Rubber Co. is scoring comparatively higher than the scores of other players of the relevant industry. The company added 3.61% of value to its shares in past 6 months, showing an annual growth rate of 404.76% while that of industry is 11.70. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -0.80% from the last financial year’s standing.

7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 4.82B for the same. And 7 analysts are in estimates of company making revenue of 4.86B in the next quarter. Company posted 4.94B and 4.94B of sales in current and next quarters respectively a year earlier.

GT Dividends

Goodyear Tire & Rubber Co. is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.