The Goodyear Tire & Rubber Company (GT) Analysts See $0.73 EPS

January 20, 2018 - By Dolores Ford

 The Goodyear Tire & Rubber Company (GT) Analysts See $0.73 EPS
Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.10, from 1.14 in 2017Q2. It turned negative, as 43 investors sold The Goodyear Tire & Rubber Company shares while 145 reduced holdings. 47 funds opened positions while 148 raised stakes. 226.27 million shares or 0.48% more from 225.19 million shares in 2017Q2 were reported.
Putnam Investments Lc has 0.1% invested in The Goodyear Tire & Rubber Company (NASDAQ:GT) for 1.27M shares. Mason Street Limited Liability Corporation reported 34,950 shares or 0.03% of all its holdings. Cleararc Capital Incorporated owns 6,482 shares. Schwab Charles Investment Management Inc accumulated 1.28M shares. New York State Teachers Retirement Sys owns 517,356 shares or 0.04% of their US portfolio. Bowling Port Limited Liability Company holds 0.38% or 75,354 shares in its portfolio. Parkside Savings Bank And invested 0% of its portfolio in The Goodyear Tire & Rubber Company (NASDAQ:GT). Fifth Third Natl Bank has 6,294 shares for 0% of their portfolio. Pnc Financial Serv Grp Inc holds 74,343 shares or 0% of its portfolio. Lpl Financial Ltd Company reported 62,089 shares. Arrowgrass Capital Prns (Us) L P owns 155,463 shares for 0.04% of their portfolio. Gateway Advisers Ltd Limited Liability Company has 0% invested in The Goodyear Tire & Rubber Company (NASDAQ:GT). Telemus Cap Lc holds 0.09% in The Goodyear Tire & Rubber Company (NASDAQ:GT) or 17,385 shares. Whittier Tru holds 0.01% or 4,944 shares. Employees Retirement Association Of Colorado holds 1.77 million shares.

Since August 15, 2017, it had 0 buys, and 4 insider sales for $507,858 activity. Kihn Jean Claude also sold $8,762 worth of The Goodyear Tire & Rubber Company (NASDAQ:GT) shares.

Analysts expect The Goodyear Tire & Rubber Company (NASDAQ:GT) to report $0.73 EPS on February, 14.They anticipate $0.22 EPS change or 23.16 % from last quarter’s $0.95 EPS. GT’s profit would be $179.82 million giving it 11.98 P/E if the $0.73 EPS is correct. After having $0.71 EPS previously, The Goodyear Tire & Rubber Company’s analysts see 2.82 % EPS growth. The stock increased 2.67% or $0.91 during the last trading session, reaching $34.99. About 2.97 million shares traded. The Goodyear Tire & Rubber Company (NASDAQ:GT) has risen 17.26% since January 20, 2017 and is uptrending. It has outperformed by 0.56% the S&P500.

The Goodyear Tire & Rubber Company (NASDAQ:GT) Ratings Coverage

Among 12 analysts covering Goodyear Tire (NASDAQ:GT), 7 have Buy rating, 0 Sell and 5 Hold. Therefore 58% are positive. Goodyear Tire had 29 analyst reports since October 28, 2015 according to SRatingsIntel. Jefferies upgraded The Goodyear Tire & Rubber Company (NASDAQ:GT) on Tuesday, June 20 to “Buy” rating. Guggenheim maintained it with “Hold” rating and $31.0 target in Monday, January 8 report. The rating was maintained by Jefferies with “Buy” on Thursday, October 12. As per Friday, February 24, the company rating was downgraded by Jefferies. Argus Research maintained the shares of GT in report on Tuesday, November 10 with “Buy” rating. The rating was initiated by CLSA with “Buy” on Wednesday, June 21. The stock of The Goodyear Tire & Rubber Company (NASDAQ:GT) earned “Hold” rating by Standpoint Research on Wednesday, October 28. The stock has “Buy” rating by KeyBanc Capital Markets on Thursday, November 9. As per Friday, July 28, the company rating was downgraded by Deutsche Bank. Standpoint Research downgraded the shares of GT in report on Wednesday, March 30 to “Hold” rating.

The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, makes, distributes, and sells tires and related services and products worldwide. The company has market cap of $8.62 billion. It 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 brand names, as well as under the private-label brands. It has a 8.97 P/E ratio. The firm also retreads truck, aviation, and off-the-road tires; makes and sells tread rubber and other tire retreading materials; makes and markets rubber-related chemicals; and provides automotive repair services, and miscellaneous other services and products, as well as sells natural rubber products.

More important recent The Goodyear Tire & Rubber Company (NASDAQ:GT) news were published by: Azcentral.com which released: “Safety group wants records opened on Goodyear tire-linked deaths” on January 10, 2018, also Prnewswire.com published article titled: “Goodyear to Present at Deutsche Bank Auto Industry Conference”, Cleveland.com published: “Goodyear Tire & Rubber Co. reports quarterly dividends” on January 16, 2018. More interesting news about The Goodyear Tire & Rubber Company (NASDAQ:GT) was released by: Prnewswire.com and their article: “Consumer Goods Stocks’ Research Reports Released on Coty, Avon Products …” with publication date: January 11, 2018.

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