Goodyear
About: Goodyear Tire & Rubber Co manufactures and sells a variety of rubber tires under the Goodyear brand name. The firm's tires are used for automobiles, trucks, buses, aircraft, motorcycles, mining equipment, farm equipment, and industrial equipment. The company operates its business through three operating segments representing its regional tire businesses: Americas; Europe, the Middle East, and Africa (EMEA); and the Asia Pacific.
Employees: 71,000
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
5% more repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 123
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
5% less funds holding
Funds holding: 388 [Q2] → 368 (-20) [Q3]
7.25% less ownership
Funds ownership: 90.03% [Q2] → 82.79% (-7.25%) [Q3]
23% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 75
28% less capital invested
Capital invested by funds: $2.91B [Q2] → $2.09B (-$822M) [Q3]
58% less call options, than puts
Call options by funds: $29.7M | Put options by funds: $71.3M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$10
19%
upside
Avg. target
$10
19%
upside
High target
$10
19%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Deutsche Bank Edison Yu 33% 1-year accuracy 3 / 9 met price target | 19%upside $10 | Hold Reinstated | 20 Dec 2024 |
Financial journalist opinion
Based on 8 articles about GT published over the past 30 days
Neutral
PRNewsWire
12 hours ago
Goodyear To Announce Fourth Quarter And Full-Year 2024 Financial Results
AKRON, Ohio , Feb. 7, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company will report fourth quarter and full-year 2024 financial results after market close on Thursday, February 13, followed by an investor conference call at 9:00 a.m. ET on Friday, February 14.
Neutral
PRNewsWire
4 days ago
Goodyear Completes Divestiture Of Off-The-Road (OTR) Tire Business
AKRON, Ohio , Feb. 3, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) ("Goodyear" or the "Company") has completed the previously announced divestiture of its off-the-road (OTR) tire business to The Yokohama Rubber Company, Limited, effective February 3, 2025, in an all-cash transaction valued at approximately $905 million. "The sale of the OTR business is a significant milestone in Goodyear's transformation," said Goodyear Chief Executive Officer and President Mark Stewart.
Negative
Zacks Investment Research
4 days ago
Analysts Estimate Goodyear (GT) to Report a Decline in Earnings: What to Look Out for
Goodyear (GT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
PRNewsWire
1 week ago
Goodyear Fleet HQ Hits 5 Million Service Events, Keeping Fleets Moving Across North America
AKRON, Ohio , Jan. 29, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company's (NASDAQ: GT) Fleet HQ program has now helped 5 million vehicles across North America increase uptime. Fleet HQ is Goodyear's comprehensive service management program supporting some of the largest fleets across the U.S. and Canada.
Positive
Seeking Alpha
3 weeks ago
It's Time To Rock N Roll With Goodyear Tire
Goodyear's long-term trend line suggests the stock is at the bottom of a 20-year trend, indicating potential for upward movement. The company has beaten earnings expectations for four consecutive quarters and is making progress in its Goodyear Forward plan. Significant asset sales and debt reduction efforts are expected to be fully appreciated by the market once deals close.
Positive
Zacks Investment Research
4 weeks ago
Goodyear Signs Contract to Sell Dunlop to Sumitomo Rubber
GT signs a definitive agreement to sell the Dunlop brand to Sumitomo Rubber, including trademarks and intangible assets necessary for its operations.
Neutral
PRNewsWire
4 weeks ago
Goodyear Celebrates the Road to the National Championship Through the 89th Goodyear Cotton Bowl Classic With Innovative Tire Art Honoring The University of Texas and The Ohio State University
Intricately designed, handcrafted sculptures feature new Goodyear Assurance WeatherReady 2 tire tread AKRON, Ohio , Jan. 9, 2025 /PRNewswire/ -- Goodyear (NASDAQ: GT) will return to the iconic Goodyear Cotton Bowl Classic in 2025 with an exciting blend of tradition, innovation, and cutting-edge technology. Continuing its decades-long connection with college football, Goodyear's involvement in the 2025 College Football Playoff Semifinal at the 89th Goodyear Cotton Bowl Classic will feature a tribute to the passion and energy of the game through dynamic tire art, on-site activations and a showcase of its newest tire technology.
Neutral
PRNewsWire
4 weeks ago
Goodyear Names Don Metzelaar Senior Vice President, Global Manufacturing and Supply Chain
AKRON, Ohio , Jan. 9, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that Don Metzelaar has been named senior vice president, Global Manufacturing and Supply Chain, reporting to Chief Executive Officer and President Mark Stewart, effective January 13. "Manufacturing is at the core of our business, and the transformation of our manufacturing operations is central to our go-forward strategy," said Stewart.
Positive
MarketBeat
1 month ago
Top 2 Auto Maintenance Stocks Gearing Up for 2025
A robust vehicle sales market bodes well for the auto maintenance market since consumers will need to service their cars to keep them operating efficiently. Even during contractions in the auto/tires/trucks sector, maintenance is always a constant.
Positive
Reuters
1 month ago
Tire maker Goodyear to sell Dunlop brand to Sumitomo Rubber for $701 mln
Goodyear Tire & Rubber Co said on Tuesday that it will sell its Dunlop brand to Sumitomo Rubber Industries for $701 million in cash.
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