GT stock: buy or sell?

GT stock price: $10.12 -5.15% At close on February 25th, 2020

Updated on:
February 25th, 2020

1

The Goodyear Tire & Rubber collapsed a spooky -5.15% and closed at $10.12. With Tuesday it's been 4 red days in a row.

The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide.

Should I buy GT stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to choose your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, The Goodyear Tire & Rubber stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is The Goodyear Tire & Rubber stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for GT stock for the last month.

GT stock analysis

Daily outlook

The Goodyear Tire & Rubber collapsed a spooky -5.15% and closed at $10.12.

Shares of The Goodyear Tire & Rubber ended today at $10.12 and collapsed a spooky -5.15%. Since last Jan 23rd when SMA100d and SMA200d crossed up, GT price slipped $-4.15 per share (-29.08%). GT marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $14.00 would break this short term down trend and open possibilities for reversing this situation.

GT stock chart (daily)

Weekly outlook

The Goodyear Tire & Rubber closed this week at $10.12 and plummed a scary -6.73%. With this, it's been 3 red weeks in a row, sliding $-3.31 or a -25.21%.

The Goodyear Tire & Rubber is now in fresh lows to find new supports after falling under the support. Since price and 40-weeks moving average lines crossed down late January, GT fell $-4.63 per share (-31.39%). Stocks below the 40-weeks moving average line are usually not recommended for average traders. Since SMA20w and SMA40w crossed up by mid January, GT price slid a -29.23%.

GT stock chart (weekly)

GT stock price history

GT stock historical price chart

GT stock reached 52-week highs on April at $19.86, and all-time highs 1998-03-31 with a price of 57.41.

GT stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' GT stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not found any price prediction for The Goodyear Tire & Rubber stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, The Goodyear Tire & Rubber didn't meet the expectations of the analysts and posted a fatal EPS of $0.51 per share when experts were expecting $0.60.
GT earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.62n/a
2017-Q32017-10-270.670.74.5%
2017-Q42018-02-080.760.9930.3%
2018-Q12018-04-250.440.513.6%
2018-Q22018-07-270.560.6210.7%
2018-Q32018-10-260.760.68-10.5%
2018-Q42019-02-080.60.51-15.0%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw a slightly fine movement of 0.64% to $15,475.00 million dollars. When comparing 2018 vs 2017, however, profit margin (that is, the net income divided by revenues) gained a 2.23% to 4.48%.

GT annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$19,540 M-$629 M3.2%-
2014$18,138 M-7.18%$2,452 M13.5%289.83%
2015$16,443 M-9.35%$307 M1.9%-87.48%
2016$15,158 M-7.81%$1,264 M8.3%311.73%
2017$15,377 M1.44%$346 M2.3%-72.63%
2018$15,475 M0.64%$693 M4.5%100.29%

Quarterly financial results

The Goodyear Tire & Rubber reported $3,876.00 M in sales for 2018-Q4, a -1.32% less compared to previous quarter. Reported quarter earnings marked $110.00 M with a profit margin of 2.84%. Profit margin dropped a -6.10% compared to previous quarter when profit margin was 8.94%. When comparing sales to same quarter last year, The Goodyear Tire & Rubber sales marked a fateful drop down and decreased a -4.79%.
GT quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$3,690 M-$147 M4.0%-
2017-Q3$3,920 M6.23%$129 M3.3%-12.24%
2017-Q4$4,071 M3.85%$-96 M-2.4%-174.42%
2018-Q1$3,830 M-5.92%$75 M2.0%-178.13%
2018-Q2$3,841 M0.29%$157 M4.1%109.33%
2018-Q3$3,928 M2.27%$351 M8.9%123.57%
2018-Q4$3,876 M-1.32%$110 M2.8%-68.66%
2019-Q1$3,598 M-7.17%$-61 M-1.7%-155.45%

The Goodyear Tire & Rubber ownership

When you are planning to invest in a company, it's worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For The Goodyear Tire & Rubber, 0.35% of all outstanding shares are owned by its staff.

Bearish positions for GT stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to The Goodyear Tire & Rubber:

GT
Market cap$2.4 B
Total shares233.0 M
Float shares231.8 M
  - Institutional holdings (%)87.6%
  - Insider holdings (%)0.4%
Shares in short selling0.0%

GT summary

Tuesday, February 25th, 2020
Open$10.68
Close$10.12
Day range$10.05 - $10.69
Previous close$10.67
Session gain-5.15%
Average true range$0.58
50d mov avg$13.89
100d mov avg$14.65
200d mov avg$14.10
Daily patternlb06a
Weekly pattern lt01c

The Goodyear Tire & Rubber performance

To measure stock performance is always good to benchmark with competitors or related stocks. We chose as the bechmarking frame for The Goodyear Tire & Rubber stock.
Stock3m6m12m
GTThe Goodyear Tire...-35.95%-9.80%-46.60%

The Goodyear Tire & Rubber competitors

Unfortunately, we could not find any public company that could be defined as The Goodyear Tire & Rubber competitor. This doesn't mean The Goodyear Tire & Rubber does not have any competitor in the market, it's just we could not detected it.