Analysts Sights: Goodyear Tire Rubber (GT)

Tuesday, 13 Mar, 2018

8,500 were reported by Css Lc Il. Its down 13.38% from 9.87 million shares previously. Goodyear Tire & Rubber Co has a 52-week low of $27.85 and a 52-week high of $37.20. Goodyear Tire & Rubber's dividend payout ratio is presently 21.79%. The stock decreased 0.93% or $0.3 during the last trading session, reaching $32. About 585,717 shares traded. Currently, the 14-day ADX for Cooper Tire & Rubber Company (CTB) is 38.64. It has underperformed by 6.60% the S&P500. Ontario Teachers Pension Plan Board sold 10,385 shares as the company's stock declined 12.03% while stock markets rallied. The Cookson Peirce & Co Inc holds 55,484 shares with $5.10M value, down from 110,711 last quarter. Goodyear Tire & Rubr Co now has $6.94B valuation. The stock increased 1.26% or $0.52 during the last trading session, reaching $41.86. Volume is the number of shares or agreement traded in a security or a whole market during a given period. It has outperformed by 0.56% the S&P500. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the company's stock. Therefore 54% are positive. TransAlta had 11 analyst reports since August 24, 2015 according to SRatingsIntel. Argus Research maintained the stock with "Buy" rating in Tuesday, November 10 report. The stock of The Goodyear Tire & Rubber Company (NASDAQ:GT) earned "Hold" rating by Standpoint Research on Wednesday, March 30. The firm has "Hold" rating by Sandler O'Neill given on Thursday, January 25. On Monday, August 7 the stock rating was maintained by Deutsche Bank with "Hold". UBS has "Buy" rating and $114 target. The stock of The Southern Company (NYSE:SO) earned "Hold" rating by SunTrust on Wednesday, December 6. On Wednesday, February 21 the stock rating was maintained by JP Morgan with "Overweight". The firm earned "Underperform" rating on Thursday, July 14 by CLSA. The stock now has a consensus rating of "Buy" and an average price target of $37.30. Suntrust Banks Inc (NYSE:STI) was reduced too. Alternately, if the indicator goes under -80, this may signal that the stock is oversold. Daiss Ann P had sold 5,000 shares worth $261,400 on Friday, October 20. MORRISON WILLIAM L had sold 11,058 shares worth $1.04 million.

Investors sentiment increased to 1.1 in 2017 Q3.

ATR remains at 1.11 while Beta component of the stock stands at 0.69. It dropped, as 43 investors sold GT shares while 145 reduced holdings. 65 funds opened positions while 154 raised stakes. 226.27 million shares or 0.48% more from 225.19 million shares in 2017Q2 were reported. Investors of record on Thursday, February 1st were given a dividend of $0.14 per share. Coastline stated it has 6,280 shares. Alkeon Capital Mgmt Limited Liability Corp reported 721,324 shares. Cleararc Cap Incorporated stated it has 0.03% in The Goodyear Tire & Rubber Company (NASDAQ:GT). 44,321 were accumulated by Kbc Grp Inc Nv. Liberty Mutual Asset Mngmt accumulated 8,772 shares. (NASDAQ:CME) for 4.13M shares. 187,608 were accumulated by Umb State Bank N A Mo. Regions Fincl holds 8,352 shares. Intrust Bank NA now owns 9,277 shares of the company's stock valued at $309,000 after purchasing an additional 1,954 shares in the last quarter. Bridgeway Capital Mgmt reported 59,600 shares.

Analysts await TrueBlue, Inc.

Its distance from 20-days simple moving average is -1.15%, and its distance from 50 days simple moving average is 0.5% while it has a distance of 19.95% from the 200 days simple moving average. GT's profit will be $134.59M for 12.83 P/E if the $0.56 EPS becomes a reality. After $1.35 actual EPS reported by Northern Trust Corporation for the previous quarter, Wall Street now forecasts 2.96% EPS growth.

Investors sentiment decreased to 0.75 in 2017 Q3.

Since March 9, 2018, it had 1 insider purchase, and 0 selling transactions for $48,443 activity.

The Goodyear Tire & Rubber Company (GT) stock is Overbought or Oversold? 47 funds opened positions while 148 raised stakes. 211,669 are owned by Morgan Stanley. Gateway Advisers Ltd Liability holds 136,580 shares or 0.04% of its portfolio.

Cooper Tire & Rubber Company is a manufacturer and marketer of replacement tires. Ameritas Invest Ptnrs reported 20,309 shares. Crossmark Global Holdings Inc. acquired a new position in Cooper Tire & Rubber during the 3rd quarter worth $299,000. M&T National Bank invested in 202,112 shares or 0.05% of the stock. California Public Employees Retirement Systems holds 0% or 31,500 shares in its portfolio.

Now we will discuss the financial strength of The Goodyear Tire & Rubber Company. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.21 and a quick ratio of 0.66.

Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp, which manages about $10.69 billion US Long portfolio, upped its stake in Procter And Gamble Co (NYSE:PG) by 30,800 shares to 395,766 shares, valued at $36.01 million in 2017Q3, according to the filing. Credit Suisse Ag invested in 0.02% or 523,628 shares. Anderson Hoagland invested in 0.94% or 40,992 shares. Moon Cap Ltd Liability Corporation owns 0.71% invested in The Southern Company (NYSE:SO) for 12,568 shares. Cooper Tire continues to expand its product portfolio with a focus to satisfy the market demand in all regions. Therefore 67% are positive.

CTB has been the subject of several analyst reports. Finally, Longbow Research began coverage on Cooper Tire & Rubber in a research note on Wednesday, January 31st. Jefferies has "Hold" rating and $40.0 target. The stock has a market capitalization of $7.01 Billion however its outstanding shares are 243.84 Million. Finally, TheStreet downgraded shares of Goodyear Tire & Rubber from a "b" rating to a "c+" rating in a research report on Thursday, February 8th. Northcoast downgraded the stock to "Neutral" rating in Wednesday, April 19 report. BidaskClub upgraded shares of Goodyear Tire & Rubber from a "hold" rating to a "buy" rating in a research report on Friday, January 26th. Olstein Capital Lp has invested 0.97% of its portfolio in The Goodyear Tire & Rubber Company (NASDAQ:GT). Zacks upgraded it to "Hold" rating and $51 target in Sunday, August 16 report.