In the last trading session, 11.72 million shares of the Goodyear Tire & Rubber Co (NASDAQ:GT) were traded, and its beta was 1.40. Most recently the company’s share price was $10.68, and it changed around -$0.26 or -2.38% from the last close, which brings the market valuation of the company to $3.05B. GT currently trades at a discount to its 52-week high of $12.58, offering almost -17.79% off that amount. The share price’s 52-week low was $7.27, which indicates that the current value has risen by an impressive 31.93% since then.
Goodyear Tire & Rubber Co stock received a consensus recommendation rating of Hold, based on a mean score of 1.60. If we narrow it down even further, the data shows that 0 out of 11 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 5 recommended GT as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight.
Goodyear Tire & Rubber Co (NASDAQ:GT) trade information
Instantly GT has showed a red trend with a performance of -2.38% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 12.03 on recent trading dayincreased the stock’s daily price by 11.22%. The company’s shares are currently up 18.67% year-to-date, but still down -9.34% over the last five days. On the other hand, Goodyear Tire & Rubber Co (NASDAQ:GT) is -3.26% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $15, which translates to bulls needing to increase their stock price by 28.8% from its current value. Analyst projections state that GT is forecast to be at a low of $14 and a high of $19.
Goodyear Tire & Rubber Co earnings are expected to increase by 23.66% in 2025, but the outlook is positive 27.52% per year for the next five years.
GT Dividends
Goodyear Tire & Rubber Co’s next quarterly earnings report is expected to be released in July.
VANGUARD GROUP INC, with 10.3536% or 29.71 million shares worth $337.26 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
