The Goodyear Tire & Rubber Company (NASDAQ:GT) Insider Trading Report


The Goodyear Tire & Rubber Company (NASDAQ:GT) has a 1 Year Target Estimate of $34.33. The stock traded with the volume of 2.8 Million in the last trading session. The Goodyear Tire & Rubber Company opened at $30.95 and closed by showing an increase of 1.27%. The Bid price in the last session was $27.00 x 100 and the Ask price was $31.20 x 100. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).

The Goodyear Tire & Rubber Company has the Market Capitalization of 8.13 Billion. The Stock has its 52-week High of $35.3 and 52-Week Low of $24.31 and it touched its 52-week high on Dec 2, 2015 and 52-Week Low on Jul 6, 2016.

The Goodyear Tire & Rubber Company reported its last Earnings on Oct 28 BMO where the company reported Actual EPS of $1.17/Share whereas, the Analyst Estimated EPS was $1.18/share. The difference between Actual EPS and Estimated EPS was $-0.01/share. This represented an Earnings Surprise of -0.8%. The company will report its next earnings on Feb 7 – Feb 13 (Est.).

6 number of analysts also provided their insight on The Goodyear Tire & Rubber Company, where the Average Price Target for the stock is $34.33. They also projected Low Price Target as $24 while High Price Target is set at $40.

A number of analysts rated the stock as well: 3 analysts believe that the stock is a STRONG BUY while 4 reported it as Buy.0 analysts assigned a HOLD rating, 1 said it’s UNDERPERFORM and 0 say that this stock is a SELL.

The Goodyear Tire & Rubber Company annual Divided is 0.4 while it’s Dividend Yield is 1.28%. The stock has its Price to Earnings (P/E) ratio of 25.69 and Forward Price to Earnings ratio of 7.2. The company has its Price to Sales (P/S) ratio of 0.53 where Price to Book (P/B) ratio of 1.82, Price to Cash Per share (P/C) of 8.34 and Price to Free Cash Flow (P/FCF) has a value of 40.65.

The company has its Return on Assets (ROA) of 1.9 Percent. Return on Equity (ROE) stands at 7.7% and Return on Investment (ROI) displays a value of 8%.

The stock is currently trading at Distance from 20-Day simple moving Average of 5.66% whereas, Distance from 50-Day Simple moving average is 1 Percent and Distance from 200-Day Simple Moving Average of 5.47 percent.

A look at performance overview of The Goodyear Tire & Rubber Company depicts that Performance (Week) is 4.08 percent while Performance Month is 10.07%. Quarterly performance shows a value of 7.5% and Half Year Performance value stands at 14.37%. Yearly performance of the stock has the value of -9.79 percent. The Goodyear Tire & Rubber Company has its YTD performance of -3.69 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).

Insider Trades:

Many Insiders have done trades inside the company. The latest trade was made on 14 Nov 2016 where Officer Mcclellan (Stephen R) did a transaction type “Buy” in which 4500 shares were traded at a price of $24.71. Another insider trade includes Officer Mcclellan (Stephen R) who also initiated a transaction in which 4029 shares were traded on 14 Nov 2016 as “Sell”. On 14 Nov 2016 Officer Mcclellan (Stephen R) traded 471 shares as “Sell” at $31.07. Chief Technology Officer Zekoski (Joseph) Buy 2800 shares on 1 Nov 2016 at the price of $24.71.

Upgrades/Downgrades Report:

The latest Upgrades/Downgrades was done by Research firm Jefferies on 29-Nov-16 who Initiated the stock  to Buy. Other firms have also Upgraded/Downgraded the stock. On 22-Nov-16, Berenberg took an action “Initiated”  to Buy. On 20-May-16, the stock was Upgrade to Buy by Standpoint Research.