The Goodyear Tire & Rubber Company (GT) will report its next earnings on Oct 27 BMO. The company reported the earnings of $0.7/Share in the last quarter where the estimated EPS by analysts was $0.7/share.
Many analysts are providing their Estimated Earnings analysis for The Goodyear Tire & Rubber Company and for the current quarter 8 analysts have projected that the stock could give an Average Earnings estimate of $0.67/share. These analysts have also projected a Low Estimate of $0.58/share and a High Estimate of $0.73/share.
In case of Revenue Estimates, 6 analysts have provided their consensus Average Revenue Estimates for The Goodyear Tire & Rubber Company as 3.92 Billion. According to these analysts, the Low Revenue Estimate for The Goodyear Tire & Rubber Company is 3.83 Billion and the High Revenue Estimate is 3.98 Billion. The company had Year Ago Sales of 3.85 Billion.
These analysts also forecasted Growth Estimates for the Current Quarter for GT to be -42.7%. They are projecting Next Quarter growth of -1.1%. For the next 5 years, The Goodyear Tire & Rubber Company is expecting Growth of 6.49% per annum, whereas in the past 5 years the growth was 13.24% per annum.
Some buy side analysts are also providing their Analysis on The Goodyear Tire & Rubber Company, where 6 analysts have rated the stock as Strong buy, 3 analysts have given a Buy signal, 2 said it’s a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)
When it comes to the Analysis of a Stock, Price Target plays a vital role. Analysts reported that the Price Target for The Goodyear Tire & Rubber Company might touch $46 high while the Average Price Target and Low price Target is $37.3 and $30 respectively.
The Relative Volume of the company is 3.51 and Average Volume (3 months) is 3.04 million. The company’s P/E (price to earnings) ratio is 7.06 and Forward P/E ratio of 7.59.
The company shows its Return on Assets (ROA) value of 5.8%. The Return on Equity (ROE) value stands at 21.1%. While it’s Return on Investment (ROI) value is 16%.
While looking at the Stock’s Performance, The Goodyear Tire & Rubber Company currently shows a Weekly Performance of -5.19%, where Monthly Performance is -2.66%, Quarterly performance is 2.13%, 6 Months performance is -9.63% and yearly performance percentage is 3.54%. Year to Date performance value (YTD perf) value is 4.24%. The Stock currently has a Weekly Volatility of 2.02% and Monthly Volatility of 1.68%.