In last trading session, Goodyear Tire & Rubber Co (NASDAQ:GT) saw 5.9 million shares changing hands with its beta currently measuring 1.34. Company’s recent per share price level of $10.70 trading at $0.25 or 2.39% at ring of the bell on the day assigns it a market valuation of $3.05B. That closing price of GT’s stock is at a discount of -23.93% from its 52-week high price of $13.26 and is indicating a premium of 32.06% from its 52-week low price of $7.27. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.04 million shares which gives us an average trading volume of 6.39 million if we extend that period to 3-months.
For Goodyear Tire & Rubber Co (GT), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.03 in the current quarter.
Goodyear Tire & Rubber Co (NASDAQ:GT) trade information
Upright in the green during last session for gaining 2.39%, in the last five days GT remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $10.70 price level, adding 2.1% to its value on the day. Goodyear Tire & Rubber Co’s shares saw a change of 18.89% in year-to-date performance and have moved 9.74% in past 5-day. Goodyear Tire & Rubber Co (NASDAQ:GT) showed a performance of 13.11% in past 30-days. Number of shares sold short was 19.25 million shares which calculate 3.59 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 15 to the stock, which implies a rise of 28.67% to its current value. Analysts have been projecting 14 as a low price target for the stock while placing it at a high target of 19. It follows that stock’s current price would drop -30.84% in reaching the projected high whereas dropping to the targeted low would mean a loss of -30.84% for stock’s current value.
Goodyear Tire & Rubber Co (GT) estimates and forecasts
This year revenue growth is estimated to fall -2.22% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 4.41B for the same. And 5 analysts are in estimates of company making revenue of 4.45B in the next quarter. Company posted 4.54B and 4.57B of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 36.83% while estimates for its earnings growth in next 5 years are of 24.43%.
Goodyear Tire & Rubber Co (NASDAQ:GT)’s Major holders
Insiders are in possession of 9.50% of company’s total shares while institution are holding 86.42 percent of that, with stock having share float percentage of 95.49%. Investors also watch the number of corporate investors in a company very closely, which is 86.42% institutions for Goodyear Tire & Rubber Co that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at GT for having 35.21 million shares of worth $399.65 million. And as of 2024-06-30, it was holding 12.2687 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 29.71 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.3536 of outstanding shares, having a total worth of $337.26 million.
On the other hand, American Century ETF Trust-Avantis U.S. Small Cap Value ETF and iShares Trust-iShares Core S&P Mid-Cap ETF are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 9.48 shares of worth $101.42 million or 3.32% of the total outstanding shares. The later fund manager was in possession of 9.29 shares on Mar 31, 2025 , making its stake of worth around $99.45 million in the company or a holder of 3.26% of company’s stock.