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World’s Most Recognized Brands to Buy in 2019This summary was created by AI, based on 4 opinions in the last 12 months.
The experts have varying opinions about Goodyear Tire (GT-Q). Some believe that it has a high debt load and poor business prospects, while others see potential due to its low price. The company is undergoing restructuring, and there is uncertainty about its management and the unpredictability of the tire sector. Overall, the consensus is that Goodyear Tire is a risky investment with potential for both gains and losses.
It is better now than before but it has lots of debt and negative free cash flow. It has survived over time but has always been somewhat levered and has performed poorly for a long time. Due to the low price it could be time to buy now but you have to be able to handle risk.
Caters to both EV and combustion markets, but car sales have come down. Tough, super-competitive business. Restructuring, which has gone on for a while, so wait for that to finish. Write-offs during restructuring usually help companies.
It's a tough space. We exited this years ago. Buying Cooper Tire 6-8 years ago, but didn't enhance business. The raw material of tires (rubber) is volatile, so this sector is unpredictable. GT is not managed well.
Shares not performing the last year. Is disappoint with results.
Expecting more car sales to increase sales.
Electric car demand will require tires manufactures.
Will watch company very closely going forward.
Higher inflation really biting into business margins.
Goodyear Tire is a American stock, trading under the symbol GT-Q on the NASDAQ (GT). It is usually referred to as NASDAQ:GT or GT-Q
In the last year, 2 stock analysts published opinions about GT-Q. 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Goodyear Tire.
Goodyear Tire was recommended as a Top Pick by on . Read the latest stock experts ratings for Goodyear Tire.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Goodyear Tire In the last year. It is a trending stock that is worth watching.
On 2024-12-06, Goodyear Tire (GT-Q) stock closed at a price of $10.035.
Does not like company. Would recommend selling. Last quarter good - but overall - not a high quality company. High debt loads with poor business prospects.