Goodyear Rises on Plan to Return $4 Billion to Shareholders

Present Consensus Recommendation for THE GOODYEAR TIRE & RUBBER COMPANY (GT): offers various lines of rubber tires for automobiles, trucks, buses, aircrafts, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and various other applications under the Goodyear, Dunlop, Kelly, Debica, Sava, Fulda, and various other Goodyear owned house brands, as well as private-label brands.

While looking at the Stock’s Performance, The Goodyear Tire & Rubber Company now shows a Weekly Performance of 3.42%, where Monthly Performance is 12.27%, Quarterly performance is 19.9%, 6 Months performance is -0.05% and yearly performance percentage is 5.8%. That puts the market capitalization at $8.8 bln. He added that the company’s strategy focuses on capitalizing major industry drivers, which includes switching to progressively complex, large-rim diameter tires, and users’ growing influence in all aspects of the tire buying process.

On Sept. 15, 2016 The Goodyear Tire & Rubber Company (GT) announced Outlines Growth Plan, Financial Targets.

Shares of VF Corp (NYSE:VFC) ended Thursday session in red amid volatile trading.

Sales Estimates: Wall Street Analysts are estimating average sales of $4,020.09M for current quarter (Quarter Ending Sep-16).

Along with these its year to date performance is standing at -5.01%.

Pandora Media Inc (NYSE:P) rolled out a new version of its ad-free internet radio service Thursday, allowing subscribers to replay songs, skip more of them and listen offline for the same $4.99 monthly price.

A total of 7 firms have released a ratings update on The Goodyear Tire & Rubber Company. The Goodyear Tire & Rubber Company P/E (price to earnings) ratio is 32.1 and Forward P/E ratio of 7.49. The stock’s 50 day moving average price is $74.22 and its 200 day moving average price is $71.91. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The shares closed down -1.84 points or -3.17% at $56.20 with 8.73 million shares getting traded. The Company Touched its 52-Week High on Dec 2, 2015 and 52-Week Low on Jul 6, 2016. They now have a Dollars 47 price target on the stock. The company reported Earnings of $1.16 in last Quarter’s while the company declared Earnings of $3.11 in past year. Company gross margin stands at 13.20% whereas its return on investment (ROI) is 14.50%.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. The firm has price to earnings growth of 1.11, which is a valuation metric for determining relative trade-off among price of a stock. The firm’s revenue was down 7.0% compared to the same quarter past year.