Goodyear Tire & Rubber Co (NASDAQ: GT) Now $7.27 Higher From Its Low (3.23), Does It Still Have A Growth Story?

Goodyear Tire & Rubber Co (NASDAQ:GT) currently has a daily average trading volume of 6.19M but it saw 5497688 shares traded in last market. With a market cap of 3.00B USD, the company’s current market price of $10.50 came falling about -3.67 while comparing to the previous closing price of $10.90. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.62 and as low as $7.27.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Deutsche Bank which upgraded the stock as “Buy” in its note to investors issued on March 31, 2025, recommending a price target of $13 for it. Argus also issued its recommendations for the stock as it upgraded the price target for the stock is $12.

Over the week, GT’s stock price is moving -5.75% down while it is 0.48% when we observe its performance for the past one month. Year-to-date it is 16.67% up and over the past year, the stock is showing a downside performance of -18.92%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0.04 while estimate for next year EPS is 1.29. In next quarter, company is expected to be making quarterly sales of $4.77B as analysts are expecting the sales for current fiscal year at $18.38B and seeing the company making $18.75B in sales next year. Moreover, analysts are in estimates of $4.5B for current-quarter revenue.

Currently, Goodyear Tire & Rubber Co’s total number of outstanding shares is 285.65M with 9.55% of that held by the insiders while 87.68% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 1.86% and return on equity (ROE) at 5.06%. It has a price to earnings ratio (P/E ratio) of 12.52 while having a 5.30 of forward P/E ratio. Stock’s beta reads 1.39. Stock has a price to book (P/B) ratio of 0.61 while price to sale or P/S ratio amounts to 0.16. Its return on asset (ROA) is 1.11% on average.