Goodyear Tire & Rubber (GT) stock forecast for 2024
Last update: December 3, 2022 (07:10)Sector: Consumer cyclical
The share price of The Goodyear Tire & Rubber Company (GT) now
What analysts predict: $14.14
52-week high/low: $24.17 / $9.76
50/200 Day Moving Average: $11.13 / $12.59
This figure corresponds to the average price over the previous 50/200 days. For Goodyear Tire & Rubber stocks, the 50-day moving average is the support level today.
For Goodyear Tire & Rubber stocks, the 200-day moving average is the resistance level today.
Are you interested in Goodyear Tire & Rubber stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Goodyear Tire & Rubber stock price in 2024. How much will one Goodyear Tire & Rubber share be worth in 2024?
Is it worth taking profit / loss on Goodyear Tire & Rubber stock now or waiting? What are analysts' forecasts for Goodyear Tire & Rubber stock?
We forecast Goodyear Tire & Rubber stock performance using neural networks based on historical data on Goodyear Tire & Rubber stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.
The Goodyear Tire & Rubber stock prediction results are shown below and presented as a graph, table and text information.
Goodyear Tire & Rubber stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for Goodyear Tire & Rubber analysts is $14.14.
Today 200 Day Moving Average is the resistance level (12.59 $).
50 Day Moving Average is the support level (11.13 $).
Historical and forecast chart of Goodyear Tire & Rubber stock
The chart below shows the historical price of Goodyear Tire & Rubber stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Goodyear Tire & Rubber stock price can be found in the table below.
Goodyear Tire & Rubber (GT) Forecast for 2024
Goodyear Tire & Rubber information and performance
Goodyear Tire & Rubber Company is an American international manufacturer of tires and other rubber products, as well as polymers for the automotive and industrial markets. Founded in 1898 in Akron, Ohio; the head office is located in this city at the present time. Goodyear manufactures tires for cars, trucks, motorcycles, race cars, aircraft, agricultural and earthmoving equipment. The company is ranked 472nd in the Fortune Global 500 (2009).
Goodyear Tire & Rubber Address
1144 E MARKET ST, AKRON, OH, US
Market Capitalization: 3 173 700 000 $
Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.
EBITDA: 2 086 000 000 $
EBITDA is earnings before interest, income tax and depreciation of assets.
PE Ratio: 3.679
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
PEG Ratio: 1.67
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Quarterly Earnings Growth YOY: -0.663
Quarterly Revenue Growth YOY: 0.076
Trailing PE: 3.679
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward PE: 4.753
Forward P/E uses projections of future earnings instead of final numbers.
EV To Revenue: 0.565
Enterprise Value (EV) /Revenue
EV To EBITDA: 5.56
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Shares Outstanding: 282861000
Number of issued ordinary shares
Shares Float: N/A
Number of freely tradable shares
Shares Short Prior Month: N/A
Shares Short Prior Month - the number of shares in short positions in the last month.
Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A
Goodyear Tire & Rubber price target for 2024 by month
Target values for the price of one Goodyear Tire & Rubber share for Jan 2024.
Pessimistic target level: 8.82
Optimistic target level: 9.34
Target values for the price of one Goodyear Tire & Rubber share for Feb 2024.
Pessimistic target level: 9.15
Optimistic target level: 9.64
Target values for the price of one Goodyear Tire & Rubber share for Mar 2024.
Pessimistic target level: 8.87
Optimistic target level: 9.59
Target values for the price of one Goodyear Tire & Rubber share for Apr 2024.
Pessimistic target level: 9.34
Optimistic target level: 10.17
Target values for the price of one Goodyear Tire & Rubber share for May 2024.
Pessimistic target level: 9.58
Optimistic target level: 10.01
Target values for the price of one Goodyear Tire & Rubber share for Jun 2024.
Pessimistic target level: 9.48
Optimistic target level: 10.46
Target values for the price of one Goodyear Tire & Rubber share for Jul 2024.
Pessimistic target level: 10.19
Optimistic target level: 10.62
Target values for the price of one Goodyear Tire & Rubber share for Aug 2024.
Pessimistic target level: 10.27
Optimistic target level: 11.36
Target values for the price of one Goodyear Tire & Rubber share for Sep 2024.
Pessimistic target level: 9.69
Optimistic target level: 10.37
Target values for the price of one Goodyear Tire & Rubber share for Oct 2024.
Pessimistic target level: 10.17
Optimistic target level: 10.94
Target values for the price of one Goodyear Tire & Rubber share for Nov 2024.
Pessimistic target level: 9.80
Optimistic target level: 10.46
Target values for the price of one Goodyear Tire & Rubber share for Dec 2024.
Pessimistic target level: 10.22
Optimistic target level: 10.75
Goodyear Tire & Rubber (GT) stock dividend
Goodyear Tire & Rubber last paid dividends on 01/31/2020. The next scheduled payment will be on 03/02/2020. The amount of dividends is $0 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.
Last Split Date: 01/01/1970
Last Split Factor:
Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.
For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.
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All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.