8.35 +0.32 (3.99%)
Pre-market: 8:51AM EDT
|Bid||8.25 x 3000|
|Ask||8.41 x 4000|
|Day's range||7.50 - 8.16|
|52-week range||4.09 - 17.20|
|Beta (5Y monthly)||2.02|
|PE ratio (TTM)||N/A|
|Earnings date||24 Jul 2020 - 28 Jul 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||31 Jan 2020|
|1y target est||11.19|
Shares of Goodyear Tire & Rubber (NASDAQ: GT), American Axle & Manufacturing (NYSE: AXL), and Tenneco (NYSE: TEN), all automotive parts suppliers and manufacturers, each jumped over 14% at one point Tuesday, following positive economic data that's renewing optimism for a reopening economy. The idea of states reopening more of their economies is a huge positive for the broader automotive industry. There were more positive data points: New home sales unexpectedly increased in April, and consumer confidence moved higher after two months of sharp declines -- all great news for the broader automotive industry, which has been hit hard by COVID-19.
You could ask 100 different analysts what they think about buying and selling stocks during COVID-19, and you might just get 100 different opinions. If you have $1,000 to invest, now could be a great opportunity to start a new position, and billion-dollar hedge fund managers have been scooping up shares of IDEXX Laboratories (NASDAQ: IDXX), Goodyear Tire (NASDAQ: GT) and Starbucks (NASDAQ: SBUX). You may not recognize IDEXX Laboratories, but if you're a pet owner there's a chance you've crossed paths with its products or services already.
At this time, I'd like to welcome everyone to Goodyear's First Quarter 2020 Earnings Call. Thank you, Keith, and thank you everyone, for joining us for Goodyear's First Quarter 2020 Earnings Call. If I could now draw your attention to the safe harbor statement on slide two, I would like to remind participants on today's call that our presentation includes some forward-looking statements about Goodyear's future performance.
Shares of Goodyear Tire & Rubber (NASDAQ: GT), a manufacturer of rubber tires for automobiles, trucks, buses, and aircraft, among other vehicles, are down 16% after the company reported a disappointing first-quarter result. There's no question Goodyear Tire felt the negative impact from the COVID-19 outbreak during the first quarter. "While this unprecedented crisis continues to disrupt our business and the broader automotive industry, I am confident we will emerge from this crisis in a strong position," said Richard J. Kramer, chairman, chief executive officer, and president.
Goodyear (GT) delivered earnings and revenue surprises of -130.77% and 2.83%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Hit by coronavirus mayhem, Ford (F) and Goodyear Tire (GT) expect first-quarter 2020 pretax loss of $600 million and $185-$195 million, respectively.
Investing.com - The Goodyear Tire & Rubber Company (NASDAQ:GT) reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
With the partnership, Science Applications (SAIC) and Goodyear will enable blockchain participants to monitor and analyze supply-chain activities to help customers make informed decisions.
The Goodyear Tire & Rubber Company (GT) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
While Toyota (TM) tops earnings estimates in third-quarter fiscal 2020, Honda (HMC) lags the same. Meanwhile, Tesla (TSLA) issues recall for most of the Model X SUVs built before mid-October 2016.
Goodyear (GT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
While Tesla (TSLA) reports solid fourth-quarter 2019 deliveries on rising Model 3 demand, General Motors (GM) posts double-digit decline in China sales in 2019.
While Goodyear's (GT) AndGo is designed to be a seamless vehicle-servicing platform, Goodyear Ventures seeks to advance future mobility solutions over the next decade.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.