|Bid||12.36 x 800|
|Ask||12.37 x 1800|
|Day's range||12.19 - 12.54|
|52-week range||9.66 - 16.51|
|Beta (5Y monthly)||1.81|
|PE ratio (TTM)||N/A|
|Earnings date||30 Oct 2023 - 03 Nov 2023|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||31 Jan 2020|
|1y target est||14.00|
The move is expected to improve the segment's operating income by approximately $50 million to $55 million in 2025, the tire manufacturer said, adding that the plan would also improve profitability in its Australia and New Zealand operations. Goodyear would also exit nine warehouse locations, a regulatory filing showed. The Ohio-based company said the approved plan that is part of its broader restructuring effort would be completed by the end of 2024.
Investors need to pay close attention to Goodyear (GT) stock based on the movements in the options market lately.
Goodyear held a regional event themed Goodyear:125 Years in Motion on Tuesday unveiling four premium product lines for the Asia Pacific region. The company also highlighted its 125 years of rich history in technology exploration and reinforced its commitment toward a sustainable Better Future.