Goodyear Tire & Rubber Co [NASDAQ: GT] stock went on a downward path that fall over -3.25% on Tuesday, amounting to a one-week price decrease of less than -4.28%.
Over the last 12 months, GT stock dropped by -34.89%. The one-year Goodyear Tire & Rubber Co stock forecast points to a potential upside of 26.24. The average equity rating for GT stock is currently 2.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $2.55 billion, with 284.97 million shares outstanding and 257.74 million shares in the current float. Compared to the average trading volume of 5.55M shares, GT stock reached a trading volume of 6132926 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Goodyear Tire & Rubber Co [GT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GT shares is $12.12 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GT stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Deutsche Bank have made an estimate for Goodyear Tire & Rubber Co shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 31, 2025. While these analysts kept the previous recommendation, TD Cowen raised their target price to Buy. The new note on the price target was released on March 07, 2025, representing the official price target for Goodyear Tire & Rubber Co stock. Previously, the target price had yet another raise to $12, while Argus analysts kept a Buy rating on GT stock.
The Average True Range (ATR) for Goodyear Tire & Rubber Co is set at 0.43, with the Price to Sales ratio for GT stock in the period of the last 12 months amounting to 0.14. The Price to Book ratio for the last quarter was 0.54, with the Price to Cash per share for the same quarter was set at 3.03.
GT Stock Performance Analysis:
Goodyear Tire & Rubber Co [GT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.28. With this latest performance, GT shares gained by 1.13% in over the last four-week period, additionally plugging by 1.94% over the last 6 months – not to mention a drop of -34.89% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GT stock in for the last two-week period is set at 46.27, with the RSI for the last a single of trading hit 44.55, and the three-weeks RSI is set at 47.32 for Goodyear Tire & Rubber Co [GT]. The present Moving Average for the last 50 days of trading for this stock 9.18, while it was recorded at 9.12 for the last single week of trading, and 9.35 for the last 200 days.
Insight into Goodyear Tire & Rubber Co Fundamentals:
Goodyear Tire & Rubber Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.55 and a Current Ratio set at 1.04.
GT Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Goodyear Tire & Rubber Co go to 24.43%.
Goodyear Tire & Rubber Co [GT] Institutonal Ownership Details
There are presently around $86.33%, or 95.39%% of GT stock, in the hands of institutional investors. The top three institutional holders of GT stocks are: BLACKROCK INC. with ownership of 35.21 million shares, which is approximately 12.2687%. VANGUARD GROUP INC, holding 29.71 million shares of the stock with an approximate value of $$337.26 million in GT stocks shares; and VANGUARD GROUP INC, currently with $$311.67 million in GT stock with ownership which is approximately 9.5678%.
