The Goodyear Tire & Rubber Company (NASDAQ:GT – Free Report) – Analysts at Zacks Research reduced their Q1 2025 earnings per share estimates for Goodyear Tire & Rubber in a report released on Monday, January 27th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $0.43 per share for the quarter, down from their prior estimate of $0.54. 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 Q2 2025 earnings at $0.44 EPS, Q4 2025 earnings at $0.27 EPS, Q1 2026 earnings at $0.56 EPS, Q2 2026 earnings at $0.51 EPS and FY2026 earnings at $2.18 EPS.
Goodyear Tire & Rubber (NASDAQ:GT – Get Free Report) last released its quarterly earnings results on Monday, November 4th. The company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.12. The business had revenue of $4.82 billion during the quarter, compared to analysts’ expectations of $4.96 billion. Goodyear Tire & Rubber had a positive return on equity of 6.66% and a negative net margin of 1.56%. The company’s revenue was down 6.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.36 EPS.
View Our Latest Stock Report on GT
Goodyear Tire & Rubber Trading Down 0.7 %
NASDAQ GT opened at $9.07 on Wednesday. Goodyear Tire & Rubber has a one year low of $7.27 and a one year high of $14.56. The firm has a 50 day simple moving average of $9.43 and a 200-day simple moving average of $9.15. The firm has a market cap of $2.58 billion, a price-to-earnings ratio of -8.72 and a beta of 1.80. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.65 and a current ratio of 1.14.
Institutional Investors Weigh In On Goodyear Tire & Rubber
A number of hedge funds and other institutional investors have recently modified their holdings of GT. Millennium Management LLC boosted its position in shares of Goodyear Tire & Rubber by 30.7% in the 2nd quarter. Millennium Management LLC now owns 2,462,581 shares of the company’s stock worth $27,950,000 after buying an additional 578,762 shares in the last quarter. Susquehanna Fundamental Investments LLC purchased a new stake in shares of Goodyear Tire & Rubber in the second quarter valued at about $2,299,000. Algert Global LLC lifted its holdings in shares of Goodyear Tire & Rubber by 9.5% in the second quarter. Algert Global LLC now owns 163,548 shares of the company’s stock valued at $1,856,000 after purchasing an additional 14,133 shares in the last quarter. Creative Planning grew its position in shares of Goodyear Tire & Rubber by 10.9% in the second quarter. Creative Planning now owns 70,973 shares of the company’s stock valued at $806,000 after purchasing an additional 6,982 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Goodyear Tire & Rubber by 80.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 28,681 shares of the company’s stock worth $326,000 after purchasing an additional 12,822 shares in the last quarter. 84.19% of the stock is currently owned by institutional investors and hedge funds.
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.
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