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Showing 1 to 15 of 16 entries
BUY
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
DON'T BUY

Not a fan of the tire industry. Doesn’t really care for the dynamics. It has a great deal of trouble passing through raw material costs. The collapse of oil prices has been a benefit, but it is going to be very difficult to repeat a decline in oil. He believes the company is very involved in OEM tires. This works by them selling the tires at cost with the car. They are then looking to get the replacement tire business. That is a terrible dynamic.

Consumer Products
HOLD

(Market Call Minute.) The tire industry is undergoing some significant change, but this company seems to be rightly poised for it. They are building a world-class factory in Mexico.

Consumer Products
COMMENT

This has a low P/E ratio because it is a cyclical stock. It has benefited from the price of oil. Its biggest raw material in making tires is oil. Also, you use tires to drive and as the price of gasoline goes down, miles driven goes up so the replacement of tires goes up. This will probably continue to do well.

Consumer Products
PARTIAL SELL

Had a pretty good run and the outlook in the long-term is good. He would look to add on a pull back. If you own, consider taking a little bit of profit and buy it back on a pull back.

Consumer Products
BUY

Goodyear is tied into new car sales, and miles driven (need replacement tires more often in a good economy). As the economy increases it will be good for Goodyear as well.

Consumer Products
COMMENT

Doesn’t follow this one closely but it is benefiting from a resurgence in the automotive industry in general. One of the concerns would be input prices although with oil coming down and the positive outlook on automotive and trucking, this could be an interesting play.

Consumer Products
WAIT
Said that things were tough in certain parts of the world. So did Ford. Trading at low multiple. Will be a success story longer term but it is going to be volatile.
Consumer Products
BUY
Wouldn't be surprised if it comes back a little. Obviously will have a lot to do with how the auto sector plays out. Popped above the 50-day moving average, which is positive. MACD starting to register a Buy signal. If it does start to run, there isn't a lot of resistance until around $17. Use $6.50 as your Stop.
Consumer Products
SELL
Sold his holdings after having it for quite awhile. No longer mispriced.
Consumer Products
WEAK BUY
There's a lack of supply of rubber which is really helping them, as they can pass on pricing. You have to be careful as there are a lot of little issues facing the industry.
Consumer Products
DON'T BUY
Had a pretty big run over the last several months. Incredibly leveraged to oil prices. Rubber prices pulled back over the last quarter which gave them a move. At $15 this is not a value stock.
Consumer Products
DON'T BUY
Has pension and liability issues. Tires are lasting longer. Not a fan.
Consumer Products
DON'T BUY
Profit margins are being squeezed. Litigation problems.
Consumer Products
DON'T BUY
Streched balance sheet. Has a lot of pension liability.
Consumer Products
Showing 1 to 15 of 16 entries

Goodyear Tire(GT-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

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, 1 stock analyst published opinions about GT-Q. 1 analyst recommended to BUY the stock. 0 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 never recommended as a Top Pick on Stockchase. 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?

In the last year, there was no coverage of Goodyear Tire published on Stockchase.

What is Goodyear Tire stock price?

On 2022-01-21, Goodyear Tire (GT-Q) stock closed at a price of $21.51.