Zacks Research Brokers Raise Earnings Estimates for GT

The Goodyear Tire & Rubber Company (NASDAQ:GTFree Report) – Stock analysts at Zacks Research raised their Q2 2025 earnings estimates for shares of Goodyear Tire & Rubber in a report issued on Thursday, March 6th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $0.48 per share for the quarter, up from their previous forecast of $0.44. The consensus estimate for Goodyear Tire & Rubber’s current full-year earnings is $1.50 per share. Zacks Research also issued estimates for Goodyear Tire & Rubber’s FY2025 earnings at $1.52 EPS, Q2 2026 earnings at $0.52 EPS, Q3 2026 earnings at $0.54 EPS and FY2027 earnings at $2.74 EPS.

GT has been the subject of a number of other research reports. Argus upgraded shares of Goodyear Tire & Rubber from a “hold” rating to a “buy” rating and set a $12.00 price target for the company in a research note on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $10.00 price target on shares of Goodyear Tire & Rubber in a research note on Friday, December 20th. TD Cowen started coverage on shares of Goodyear Tire & Rubber in a research note on Friday. They set a “buy” rating and a $14.00 price target for the company. Finally, StockNews.com upgraded shares of Goodyear Tire & Rubber from a “hold” rating to a “buy” rating in a research note on Monday, February 17th. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Goodyear Tire & Rubber presently has a consensus rating of “Moderate Buy” and an average price target of $13.18.

Read Our Latest Stock Report on GT

Goodyear Tire & Rubber Stock Performance

Shares of GT stock opened at $9.67 on Monday. The firm has a market capitalization of $2.76 billion, a PE ratio of 40.29 and a beta of 1.71. The firm has a fifty day simple moving average of $9.12 and a two-hundred day simple moving average of $8.98. The company has a current ratio of 1.04, a quick ratio of 0.55 and a debt-to-equity ratio of 1.30. Goodyear Tire & Rubber has a 12 month low of $7.27 and a 12 month high of $13.86.

Goodyear Tire & Rubber (NASDAQ:GTGet Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.10. The company had revenue of $4.95 billion during the quarter, compared to analyst estimates of $4.91 billion. Goodyear Tire & Rubber had a net margin of 0.37% and a return on equity of 6.21%.

Hedge Funds Weigh In On Goodyear Tire & Rubber

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Truist Financial Corp boosted its holdings in shares of Goodyear Tire & Rubber by 5.2% in the 4th quarter. Truist Financial Corp now owns 22,753 shares of the company’s stock worth $205,000 after buying an additional 1,115 shares during the last quarter. Barclays PLC boosted its holdings in shares of Goodyear Tire & Rubber by 158.6% in the 3rd quarter. Barclays PLC now owns 975,634 shares of the company’s stock worth $8,635,000 after buying an additional 598,330 shares during the last quarter. 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 worth $62,438,000 after buying an additional 86,227 shares during the last quarter. FMR LLC boosted its holdings in shares of Goodyear Tire & Rubber by 28.1% in the 3rd quarter. FMR LLC now owns 842,822 shares of the company’s stock worth $7,459,000 after buying an additional 184,770 shares during the last quarter. Finally, Landscape Capital Management L.L.C. boosted its holdings in shares of Goodyear Tire & Rubber by 69.5% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 142,790 shares of the company’s stock worth $1,264,000 after buying an additional 58,526 shares during the last quarter. 84.19% of the stock is owned by hedge funds and other institutional investors.

Goodyear Tire & Rubber Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Goodyear Tire & Rubber (NASDAQ:GT)

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