|Bid||26.90 x 100|
|Ask||29.98 x 1000|
|Day's Range||26.90 - 27.34|
|52 Week Range||25.88 - 36.74|
|PE Ratio (TTM)||19.72|
|Earnings Date||Apr 25, 2018|
|Forward Dividend & Yield||0.56 (2.01%)|
|1y Target Est||35.00|
AKRON, Ohio, April 23, 2018 /PRNewswire/ -- The Goodyear Tire & Rubber Company (GT) today announced a new natural rubber procurement policy that reflects its strong commitment to the responsible sourcing of raw materials. The company believes the implementation and adherence to this policy will help address deforestation, land grabbing, and human rights in the areas of the world where natural rubber is produced.
Delta Air Lines, Goodyear Tire & Rubber and Lincoln National Corp may have more upside than their discounted share prices suggest, Barron's reported. Delta, which closed at $55.40 per share on Friday, is at 8.6 times earnings, a valuation Morgan Stanley analyst Rajeev Lalwani called "just too low," according to Barron's.
A solid start to earnings season helped push share prices higher earlier this week, and the Standard & Poor’s 500 index crept toward 17 times forward earnings estimates. A recent search for stocks selling for around half or less of the index’s valuation turned up just over a dozen names. Micron Technology (MU), the cheapest stock in the S&P 500, at 4.7 times forward earnings projections, has the other problem.
A solid start to earnings season has helped push share prices higher this week, and the Standard & Poor’s 500 index is creeping toward 17 times forward earnings estimates. A handful of shares remain deeply discounted, however. For example, Viacom (VIAB), at 7.6 times earnings, owns a badly slumping movie studio, Paramount Pictures, and cable television networks that skew young, like Comedy Central, Nickelodeon, and MTV.
Moody's Investors Service placed its ratings for American Tire Distributors, Inc. ("ATDI") under review for downgrade, including the company's B3 Corporate Family Rating (CFR) and B3-PD Probability ...
Moody's Investors Service placed its ratings for Dealer Tire, LLC under review for downgrade, including the company's B1 Corporate Family Rating (CFR) and B2-PD Probability of Default Rating, and the B1 ...
With growing demand for larger rim-diameter tires, Goodyear (GT) is to enter a 50-50 joint venture with Bridgestone Americas to form the largest tire-distribution network in the United States.
TireHub, a joint venture between The Goodyear Tire & Rubber Co. and Bridgestone Americas Inc., will be headquartered in a 30,000 square foot office at One Ravinia. The headquarters will employ 150.
AKRON, Ohio and NASHVILLE, Tenn., April 16, 2018 /PRNewswire/ -- The Goodyear Tire & Rubber Company (Goodyear) (GT) and Bridgestone Americas, Inc. (Bridgestone) today announced they are forming one of the largest tire distribution joint ventures in the United States. TireHub, LLC, will provide U.S. tire dealers and retailers with a comprehensive range of passenger and light truck tires from two of the world's leading tire companies, with an emphasis on satisfying rapidly growing demand for larger rim diameter premium tires. TireHub will combine Goodyear's company-owned wholesale distribution network with Bridgestone-owned Tire Wholesale Warehouse (TWW).
Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on February 2. Over the last one-month, outflows of investor capital in ETFs holding GT totaled $25.55 billion.
AKRON, Ohio, April 12, 2018 /PRNewswire/ -- The Goodyear Tire & Rubber Company (GT) will report first quarter 2018 financial results on Wednesday, April 25, to be followed by an investor conference call at 9:00 a.m. Prior to the commencement of the call, the company will post the financial and other related information that will be presented on its investor relations website: http://investor.goodyear.com.
AKRON, Ohio, April 11, 2018 /PRNewswire/ -- The Goodyear Tire & Rubber Company (GT) announced that Nicholas Mitchell has joined the company as senior director of investor relations. He reports to Christina Zamarro, who has taken on expanded responsibilities as vice president of corporate financial planning and analysis (FP&A) and investor relations. "Nick combines extensive knowledge of the automotive and tire industries, with excellent fundamental research and analytical skills," said Laura Thompson, Goodyear's executive vice president and chief financial officer.
AKRON, Ohio , April 10, 2018 /PRNewswire/ -- Directors of The Goodyear Tire & Rubber Company (NASDAQ: GT) have declared a quarterly dividend of 14 cents per share of common stock. The dividend is payable ...
AKRON, Ohio , April 9, 2018 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) announced the re-election of 12 members of the Board of Directors to new one-year terms at the company's annual ...
Goodyear denied allegations of a defect in tires that are the subject of a federal regulatory probe and possibly linked to 95 deaths or injuries.
The National Highway Traffic Safety Administration is investigating Goodyear Tire & Rubber Co. over allegations that the company covered up the use of defective tires on recreational vehicles that caused ...
Goodyear Tire (GT) is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front.
Introduction of new products and services to help Goodyear (GT) boost sales and remain competitive in the market. However, rising raw material costs raise concerns.
AKRON, Ohio, March 23, 2018 /PRNewswire/ -- A truck driver who administered first aid to a motorist who had been pierced through the neck by a broken steering wheel after crashing into a truck is the 35th recipient of the prestigious Goodyear Highway Hero Award. Chosen from three finalists, Frank Vieira of Ancaster, Ontario, last night accepted the 35th Goodyear Highway Hero Award during a special event at the Crowne Plaza Louisville Airport Hotel in Louisville, Kentucky. Vieira was driving near Toronto, Ontario, when he heard a loud crash, looked over his shoulder and noticed that a car on the other side of the road had slammed into the back of a stationary roll-off truck.
Moody's Investors Service has assigned a Aa2 rating to Maricopa County School District 79 (Litchfield Elementary), Arizona's $16 million School Improvement Bonds, Series 2018. At this time, Moody's affirms ...
Matthew Cheslock joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.