On Tuesday, Goodyear Tire & Rubber Co (NASDAQ: GT) opened lower -1.46% from the last session, before settling in for the closing price of $10.25. Price fluctuations for GT have ranged from $7.27 to $15.24 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 7.24%. Company’s average yearly earnings per share was noted 371.27% at the time writing. With a float of $262.75 million, this company’s outstanding shares have now reached $284.92 million.
Considering the fact that the conglomerate employs 71000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 19.74%, operating margin of 4.66%, and the pretax margin is -1.29%.
Goodyear Tire & Rubber Co (GT) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of Goodyear Tire & Rubber Co is 7.78%, while institutional ownership is 85.45%. The most recent insider transaction that took place on Aug 13 ’24, was worth 252,206. In this transaction Director of this company bought 31,408 shares at a rate of $8.03, taking the stock ownership to the 31,408 shares. Before that another transaction happened on Aug 12 ’24, when Company’s Director bought 26,000 for $7.90, making the entire transaction worth $205,400. This insider now owns 26,000 shares in total.
Goodyear Tire & Rubber Co (GT) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 371.27% per share during the next fiscal year.
Goodyear Tire & Rubber Co (NASDAQ: GT) Trading Performance Indicators
Check out the current performance indicators for Goodyear Tire & Rubber Co (GT). In the past quarter, the stock posted a quick ratio of 0.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.15.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.04, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 1.48 in one year’s time.
Technical Analysis of Goodyear Tire & Rubber Co (GT)
Compared to the last year’s volume of 4.32 million, its volume of 4.38 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 24.44%. Additionally, its Average True Range was 0.41.
During the past 100 days, Goodyear Tire & Rubber Co’s (GT) raw stochastic average was set at 56.21%, which indicates a significant increase from 54.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.31% in the past 14 days, which was lower than the 56.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.13, while its 200-day Moving Average is $10.60. Nevertheless, the first resistance level for the watch stands at $10.24 in the near term. At $10.39, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.49. If the price goes on to break the first support level at $9.99, it is likely to go to the next support level at $9.89. Now, if the price goes above the second support level, the third support stands at $9.74.
Goodyear Tire & Rubber Co (NASDAQ: GT) Key Stats
There are currently 284,920K shares outstanding in the company with a market cap of 2.88 billion. Presently, the company’s annual sales total 20,066 M according to its annual income of -689,000 K. Last quarter, the company’s sales amounted to 4,824 M and its income totaled -34,000 K.
