On Tuesday, Goodyear Tire & Rubber Co (NASDAQ: GT) opened lower -2.25% from the last session, before settling in for the closing price of $7.56. Price fluctuations for GT have ranged from $7.41 to $12.03 over the past 52 weeks.
Company’s average yearly earnings per share was noted -51.99% at the time writing. With a float of $274.84 million, this company’s outstanding shares have now reached $286.00 million.
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 3.92%, while institutional ownership is 93.37%.
Goodyear Tire & Rubber Co (GT) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.37 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.22) by 0.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.5 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -51.99% 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 0.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.42, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 1.33 in one year’s time.
Technical Analysis of Goodyear Tire & Rubber Co (GT)
Looking closely at Goodyear Tire & Rubber Co (NASDAQ: GT), its last 5-days average volume was 9.5 million, which is a jump from its year-to-date volume of 6.76 million. As of the previous 9 days, the stock’s Stochastic %D was 15.51%.
During the past 100 days, Goodyear Tire & Rubber Co’s (GT) raw stochastic average was set at 0.22%, which indicates a significant decrease from 0.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.23 in the past 14 days, which was lower than the 0.34 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.57, while its 200-day Moving Average is $9.62. However, in the short run, Goodyear Tire & Rubber Co’s stock first resistance to watch stands at $7.53. Second resistance stands at $7.68. The third major resistance level sits at $7.75. If the price goes on to break the first support level at $7.31, it is likely to go to the next support level at $7.24. Now, if the price goes above the second support level, the third support stands at $7.09.
Goodyear Tire & Rubber Co (NASDAQ: GT) Key Stats
There are currently 286,046K shares outstanding in the company with a market cap of 2.11 billion. Presently, the company’s annual sales total 18,878 M according to its annual income of 70,000 K. Last quarter, the company’s sales amounted to 4,465 M and its income totaled 254,000 K.
