Goodyear Tire & Rubber Co. (GT) can make a big difference with a little luck

With 5.84 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.64 million shares. During the session, the Auto Parts company that operates in wider Consumer Cyclical sector, reached to the highest price of $12.86 whereas the lowest price it dropped to was $12.25. The 52-week range on GT shows that it touched its highest point at $16.50 and its lowest point at $10.94 during that stretch. It currently has a 1-year price target of $15.54. GT paid its most recent dividend on 1580428800, while the ex-dividend date for that was 1580428800. Beta for the stock currently stands at 1.78.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GT was up-trending over the past week, with a rise of 3.85%, but this was down by -5.41% over a month. Three-month performance dropped to -10.45% while six-month performance fell -1.19%. The stock gained 8.66% in the past year, while it has lost -13.27% so far this year. A look at the trailing 12-month EPS for GT yields -2.26 with Next year EPS estimates of 1.88. For the next quarter, that number is 0.18. This implies an EPS growth rate of 476.65% for this year and 55.32% for next year.

Float and Shares Shorts:

At present, 283.79 million GT shares are outstanding with a float of 282.01 million shares on hand for trading. On 2024-04-15, short shares totaled 18.91 million, which was 665.0 higher than short shares on 1710460800. In addition to Ms. Christina L. Zamarro as the firm’s Executive VP & CFO, Mr. Christopher Raymond Delaney BA serves as its President of Europe, Middle East & Africa.

Institutional Ownership:

Through their ownership of 0.85713995 of GT’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, GT reported revenue of $5116000000.0 and operating income of $277000000.0. The EBITDA in the recently reported quarter was $514000000.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GT since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.