Zacks Research Has Negative Outlook of GT FY2025 Earnings

The Goodyear Tire & Rubber Company (NASDAQ:GT) – Investment analysts at Zacks Research decreased their FY2025 earnings estimates for Goodyear Tire & Rubber in a report issued on Monday, January 27th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $1.49 per share for the year, down from their previous estimate of $1.76. The consensus estimate for Goodyear Tire & Rubber’s current full-year earnings is $1.05 per share. Zacks Research also issued estimates for Goodyear Tire & Rubber’s Q3 2026 earnings at $0.55 EPS.

Goodyear Tire & Rubber (NASDAQ:GT) last posted its quarterly earnings data on Monday, November 4th. The company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.12. The business had revenue of $4.82 billion for the quarter, compared to analysts’ expectations of $4.96 billion. Goodyear Tire & Rubber had a negative net margin of 1.56% and a positive return on equity of 6.66%. The business’s revenue was down 6.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.36 earnings per share.

A number of other brokerages also recently commented on GT. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $10.00 target price on shares of Goodyear Tire & Rubber in a research note on Friday, December 20th. StockNews.com cut Goodyear Tire & Rubber from a “buy” rating to a “hold” rating in a research note on Wednesday, November 13th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $13.30.

Goodyear Tire & Rubber Trading Down 3.9 %

GT opened at $8.87 on Thursday. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.65 and a current ratio of 1.14. The stock’s 50 day moving average price is $9.41 and its 200-day moving average price is $9.13. Goodyear Tire & Rubber has a one year low of $7.27 and a one year high of $14.44. The stock has a market cap of $2.53 billion, a price-to-earnings ratio of -8.53 and a beta of 1.80.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Barclays PLC lifted its holdings in shares of Goodyear Tire & Rubber by 158.6% during the third quarter. Barclays PLC now owns 975,634 shares of the company’s stock worth $8,635,000 after purchasing an additional 598,330 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Goodyear Tire & Rubber by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 7,053,829 shares of the company’s stock valued at $62,438,000 after acquiring an additional 86,227 shares during the last quarter. FMR LLC increased its stake in shares of Goodyear Tire & Rubber by 28.1% in the third quarter. FMR LLC now owns 842,822 shares of the company’s stock worth $7,459,000 after acquiring an additional 184,770 shares during the period. SG Americas Securities LLC increased its stake in shares of Goodyear Tire & Rubber by 1,843.6% in the third quarter. SG Americas Securities LLC now owns 474,980 shares of the company’s stock worth $4,204,000 after acquiring an additional 450,542 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of Goodyear Tire & Rubber by 102.9% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 691,152 shares of the company’s stock worth $7,845,000 after purchasing an additional 350,500 shares during the last quarter. Institutional investors and hedge funds own 84.19% of the company’s stock.

Goodyear Tire & Rubber Company Profile

Goodyear Tire & Rubber Co engages in the development, manufacture, distribution, and sale of tires. It operates through the following geographical segments: Americas, Europe, Middle East, and Africa, and Asia Pacific. The Americas segment is involved in the development, manufacture, distribution, and sale of tires and related products and services in North, Central, and South America.