Goodyear Tire (GT-Q)
NASDAQ:GT
10.77
0.27
(2.45%) 1d
Financials
Technical Analysis
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This summary was created by AI, based on 4 opinions in the last 12 months.
Goodyear Tire (GT-Q) has received mixed reviews from experts, with a prevailing sense of caution regarding its financial stability and market position. The company is burdened with high debt levels and negative free cash flow, making its outlook appear challenging despite some improvements. While it has managed to sustain operations over the years, its long-term performance has been unsatisfactory. The sector is highly competitive, particularly with the dual focus on both electric vehicle (EV) and combustion markets, which are impacted by declining car sales. Additionally, ongoing restructuring efforts may lead to temporary challenges, but could ultimately provide a pathway for recovery if managed effectively. However, expert opinions suggest that investing in Goodyear is risky and should be approached cautiously.
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.
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)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(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
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 2025-05-16, Goodyear Tire (GT-Q) stock closed at a price of $10.77.
Does not like company. Would recommend selling. Last quarter good - but overall - not a high quality company. High debt loads with poor business prospects.