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Investor Insights

This 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.

Consensus
Mixed
Valuation
Fair Value
Similar
Michelin, ML.PA
DON'T BUY
Goodyear Tire

Does not like company. Would recommend selling. Last quarter good - but overall - not a high quality company. High debt loads with poor business prospects. 

Consumer Products
Unspecified
Goodyear Tire

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.

Consumer Products
WAIT
Goodyear Tire

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. 

Consumer Products
DON'T BUY
Goodyear Tire

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.

Consumer Products
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Goodyear Tire
(A Top Pick Apr 27/23, Up 12.1%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with GT has triggered its stop at $12.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment gain of 9%, when combined with our previous recommendations.    

Consumer Products
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Goodyear Tire
(A Top Pick Apr 27/23, Up 22.6%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with GT is progressing well.  We now recommend trailing up the stop (from $11) to $12.

Consumer Products
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Goodyear Tire
(A Top Pick Apr 27/23, Up 21.4%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with GT has achieved its target at $13.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $10) to $11.  

Consumer Products
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Goodyear Tire
Stockchase Research Editor: Michael O'Reilly

We reiterate GT as a TOP PICK.  Recently reported earnings showed revenues up over 6% beating analyst expectations, with the American region leading the way with 12% growth, showing signs that post-pandemic driving is back on the upswing.  It trades under book value and at 15x earnings.  We like that cash reserves are growing while debt is aggressively retired and stock is bought back.  We recommend maintaining the stop at $10, looking to achieve $13 -- upside potential of 23%.  Yield 0% 

(Analysts’ price target is $12.83)
Consumer Products
PAST TOP PICK
Goodyear Tire
(A Top Pick Apr 07/22, Down 18%)

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. 

Consumer Products
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Goodyear Tire
(A Top Pick Nov 15/22, Down 0.1%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with GT is progressing well.  To remain disciplined, we recommend trailing up the stop (from $8) to $10 at this time.

Consumer Products
HOLD
Goodyear Tire
Shares have fallen, but EV's boom offers GT great promise. EV's require special tires which offer higher margins/profits. GT is invested heavily in these tires. Be patient.
Consumer Products
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Goodyear Tire
Stockchase Research Editor: Michael O'Reilly As motorists return from the pandemic, this TOP PICK is well positioned as it owns the largest share of the replacement tire market in the US. Its recent acquisition of Cooper Tire will expand its international presence and will immediately be accretive to earnings. It trades at 4x earnings and is under book value presently. We recommend placing a stop loss at $8, looking to achieve $16 -- upside over 40%. Yield 0% (Analysts’ price target is $16.19)
Consumer Products
TOP PICK
Goodyear Tire
Fabulous Q4. Market didn't like guidance. R&D investments in EV market, as tires need to be different. Those tires have up to 30% higher margins. Bought Cooper Tire. Very strong future. Estimates $2.50 EPS in 2022, $3 EPS in 2023. No dividend. (Analysts’ price target is $22.38)
Consumer Products
DON'T BUY
Goodyear Tire
Very cyclical. Input costs are high. Best in class, but not an attractive industry. Better and steadier cashflow growth elsewhere. He has owned the bonds in the past.
Consumer Products
BUY
Goodyear Tire
They recently bought Cooper Tire and have pretty much taken over the tire industry. All last four quarters have beaten, and last Friday they delivered a huge earnings beat which sent shares soaring. This keeps going higher.
Consumer Products
Showing 1 to 15 of 30 entries

Goodyear Tire(GT-Q) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 2

Stockchase rating for Goodyear Tire is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Goodyear Tire(GT-Q) Frequently Asked Questions

What is Goodyear Tire stock symbol?

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

Is Goodyear Tire a buy or a sell?

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.

Is Goodyear Tire a good investment or a top pick?

Goodyear Tire was recommended as a Top Pick by on . Read the latest stock experts ratings for Goodyear Tire.

Why is Goodyear Tire stock dropping?

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.

Is Goodyear Tire worth watching?

2 stock analysts on Stockchase covered Goodyear Tire In the last year. It is a trending stock that is worth watching.

What is Goodyear Tire stock price?

On 2024-12-06, Goodyear Tire (GT-Q) stock closed at a price of $10.035.