Analyst Ratings for Goodyear Tire & Rubber Co. (GT)

Updated: 2017-07-29

Goodyear Tire & Rubber Co. (NASDAQ:GT) was awarded an average rating of Buy from investment analysts following the stock. Last month, GT received an average rating of Buy.

A buy rating was issued by 8 analysts, 1 issued an overweight rating, 2 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.

GT was given price targets by several analysts. The maximum price target given was 52, implying potential capital gains of 59.95 percent. The lowest price target was 34, which equates to a potential downside of 4.58 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -9.33 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -19.35 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.94 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -3.69 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 3 analysts decreased their estimates.

The growth rate of GT's earnings is estimated by analysts to be -24.12 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of GT is -0.3.

GT has traded between a high of 37.20 and a low of 26.82 over the past year. Currently the stock is 21.22 percent higher than its low, and below the high by 12.61 percent. GT has a P/E ratio of 7.14. Investors typically compare the P/E ratio to a company's peers in the industry. The GT value stock report compares GT to some of its peers using value stock charts. The market cap of GT is $8.96 billion. GT will post this quarters earnings in days, on 0000-00-00.