Goodyear Tire & Rubber Co's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 17 out of 67 in the Automobiles & Auto Parts industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 10.02.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Goodyear Tire & Rubber Co is 6.11, ranking 51 out of 67 in the Automobiles & Auto Parts industry. Its financial status is weak, and its operating efficiency is average. Its latest quarterly revenue reached 4.64B, representing a year-over-year decrease of 3.71%, while its net profit experienced a year-over-year decrease of 6355.88%.
Key Metrics
The current valuation score of Goodyear Tire & Rubber Co is 7.82, ranking 31 out of 67 in the Automobiles & Auto Parts industry. Its current P/E ratio is -1.73, which is -45858.50% below the recent high of 790.98 and -618.95% above the recent low of -12.43.
The current earnings forecast score of Goodyear Tire & Rubber Co is 7.14, ranking 39 out of 67 in the Automobiles & Auto Parts industry. The average price target is 9.79, with a high of 13.25 and a low of 7.30.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Goodyear Tire & Rubber Co is 9.34, ranking 18 out of 67 in the Automobiles & Auto Parts industry. Currently, the stock price is trading between the resistance level at 11.14 and the support level at 9.39, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Goodyear Tire & Rubber Co is 10.00, ranking 1 out of 67 in the Automobiles & Auto Parts industry. The latest institutional shareholding proportion is 95.81%, representing a quarter-over-quarter decrease of 2.09%. The largest institutional shareholder is The Vanguard, holding a total of 27.54M shares, representing 9.62% of shares outstanding, with 2.45% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Automobiles & Auto Parts domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Goodyear Tire & Rubber Co is 7.64, ranking 17 out of 67 in the Automobiles & Auto Parts industry. The company's beta value is 1.09. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
