Is GT stock a good buy?
GT is currently sporting a Zacks Rank of #1 (Strong Buy), as well as an A grade for Value. The stock is trading with a P/E ratio of 10.94, which compares to its industry’s average of 12.09. Over the last 12 months, GT’s Forward P/E has been as high as 10.94 and as low as 5.64, with a median of 7.20.
Will GT stock go up?
Stock Price Forecast The 8 analysts offering 12-month price forecasts for Goodyear Tire & Rubber Co have a median target of 20.00, with a high estimate of 24.00 and a low estimate of 12.00. The median estimate represents a +27.15% increase from the last price of 15.73.
Does Goodyear pay dividends?
Dividend Coverage: GT is not paying a notable dividend for the US market.
Is Goodyear a buy or sell?
The Goodyear Tire & Rubber has received a consensus rating of Hold. The company’s average rating score is 2.29, and is based on 3 buy ratings, 3 hold ratings, and 1 sell rating.
What is the best tire stock?
Overall, Cooper Tire emerges as the clear winner here. Remarkably, Cooper Tire currently flaunts a Zacks Rank #1 (Strong Buy), which underscores its robust fundamentals, while Goodyear Tire carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is Goodyear Tire stock a buy?
The The Goodyear Tire & Rubber Company stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.
Is Goodyear Tire a good investment?
Valuation metrics show that The Goodyear Tire & Rubber Company may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of GT, demonstrate its potential to outperform the market. It currently has a Growth Score of B.
