The Goodyear Tire & Rubber Company (NASDAQ:GT – Free Report) – Investment analysts at Zacks Research dropped their FY2026 earnings estimates for Goodyear Tire & Rubber in a research note issued to investors on Monday, March 10th. Zacks Research analyst R. Department now expects that the company will post earnings of $2.07 per share for the year, down from their prior forecast of $2.08. The consensus estimate for Goodyear Tire & Rubber’s current full-year earnings is $1.50 per share. Zacks Research also issued estimates for Goodyear Tire & Rubber’s Q4 2026 earnings at $0.49 EPS and FY2027 earnings at $2.53 EPS.
Goodyear Tire & Rubber (NASDAQ:GT – Get Free Report) last posted its earnings results on Thursday, February 13th. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.10. Goodyear Tire & Rubber had a return on equity of 6.21% and a net margin of 0.37%. The company had revenue of $4.95 billion during the quarter, compared to the consensus estimate of $4.91 billion.
Get Our Latest Research Report on Goodyear Tire & Rubber
Goodyear Tire & Rubber Stock Down 0.9 %
GT opened at $9.30 on Wednesday. Goodyear Tire & Rubber has a fifty-two week low of $7.27 and a fifty-two week high of $13.86. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.55 and a current ratio of 1.04. The company has a market capitalization of $2.65 billion, a P/E ratio of 38.75 and a beta of 1.71. The stock has a fifty day moving average of $9.14 and a 200-day moving average of $8.98.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of GT. Allworth Financial LP raised its stake in Goodyear Tire & Rubber by 251.8% during the fourth quarter. Allworth Financial LP now owns 4,274 shares of the company’s stock worth $40,000 after acquiring an additional 3,059 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Goodyear Tire & Rubber during the third quarter worth about $45,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Goodyear Tire & Rubber during the fourth quarter worth about $46,000. Signaturefd LLC raised its stake in Goodyear Tire & Rubber by 61.2% during the fourth quarter. Signaturefd LLC now owns 5,259 shares of the company’s stock worth $47,000 after acquiring an additional 1,997 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. acquired a new position in Goodyear Tire & Rubber during the fourth quarter worth about $54,000. Institutional investors and hedge funds own 84.19% of the company’s stock.
Goodyear Tire & Rubber Company Profile
Goodyear Tire & Rubber Co engages in the development, manufacture, distribution, and sale of tires. It operates through the following geographical segments: Americas, Europe, Middle East, and Africa, and Asia Pacific. The Americas segment is involved in the development, manufacture, distribution, and sale of tires and related products and services in North, Central, and South America.
Featured Stories
- Five stocks we like better than Goodyear Tire & Rubber
- How to Evaluate a Stock Before Buying
- Ramaco Resources Pins Hopes on Coal’s Untapped Potential
- Compound Interest and Why It Matters When Investing
- NVIDIA’s Soaring Energy Needs Make These 3 Nuclear Stocks a Buy
- How to Profit From Value Investing
- Why Energy Transfer Belongs on Your Watchlist
Receive News & Ratings for Goodyear Tire & Rubber Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goodyear Tire & Rubber and related companies with MarketBeat.com's FREE daily email newsletter.