Zacks Research Has Pessimistic Outlook of GT FY2025 Earnings

The Goodyear Tire & Rubber Company (NASDAQ:GT) – Equities research analysts at Zacks Research cut their FY2025 earnings per share estimates for shares of Goodyear Tire & Rubber in a research report issued to clients and investors on Monday, January 27th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $1.49 per share for the year, down from their previous forecast of $1.76. 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 Q3 2026 earnings at $0.55 EPS.

A number of other analysts have also issued reports on the company. StockNews.com lowered Goodyear Tire & Rubber from a “buy” rating to a “hold” rating in a research note on Wednesday, November 13th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $10.00 target price on shares of Goodyear Tire & Rubber in a research note on Friday, December 20th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $13.30.

Goodyear Tire & Rubber Price Performance

Shares of NASDAQ GT opened at $9.23 on Thursday. The company’s fifty day moving average is $9.43 and its two-hundred day moving average is $9.15. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.65 and a current ratio of 1.14. The firm has a market capitalization of $2.63 billion, a P/E ratio of -8.88 and a beta of 1.80. Goodyear Tire & Rubber has a one year low of $7.27 and a one year high of $14.44.

Goodyear Tire & Rubber (NASDAQ:GT) last announced its earnings results on Monday, November 4th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.12. Goodyear Tire & Rubber had a positive return on equity of 6.66% and a negative net margin of 1.56%. The company had revenue of $4.82 billion for the quarter, compared to the consensus estimate of $4.96 billion. During the same period last year, the business posted $0.36 EPS. The company’s revenue was down 6.2% on a year-over-year basis.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC lifted its stake in Goodyear Tire & Rubber by 1.2% during the third quarter. Geode Capital Management LLC now owns 7,053,829 shares of the company’s stock valued at $62,438,000 after purchasing an additional 86,227 shares during the last quarter. Victory Capital Management Inc. increased its position in Goodyear Tire & Rubber by 3,921.7% in the 3rd quarter. Victory Capital Management Inc. now owns 4,751,514 shares of the company’s stock worth $42,051,000 after purchasing an additional 4,633,368 shares during the last quarter. Segall Bryant & Hamill LLC raised its position in Goodyear Tire & Rubber by 13.4% during the third quarter. Segall Bryant & Hamill LLC now owns 4,101,832 shares of the company’s stock valued at $36,301,000 after acquiring an additional 484,198 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Goodyear Tire & Rubber by 7.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,532,990 shares of the company’s stock valued at $31,267,000 after purchasing an additional 252,960 shares during the last quarter. Finally, Millennium Management LLC lifted its position in shares of Goodyear Tire & Rubber by 30.7% in the second 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 during the last quarter. 84.19% of the stock is currently owned by institutional investors.

About Goodyear Tire & Rubber

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.