|Bid||24.52 x 1300|
|Ask||24.53 x 4000|
|Day's Range||23.97 - 24.62|
|52 Week Range||23.97 - 36.52|
|PE Ratio (TTM)||24.05|
|Earnings Date||Jul 26, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||0.56 (2.27%)|
|1y Target Est||33.25|
Zacks Investment Ideas feature highlights: Tesla, Alphabet, Caterpillar, Deere and Goodyear Tire
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Goods sector is rising.
AKRON, Ohio and NASHVILLE, Tenn., June 19, 2018 /PRNewswire/ -- The Goodyear Tire & Rubber Company (Goodyear) (GT) and Bridgestone Americas, Inc. (Bridgestone) today announced that TireHub LLC, a joint venture in passenger and light truck tire distribution, will begin serving customers the first week of July. The joint venture received clearance from all required regulatory authorities earlier this month, enabling the creation of one of the largest national tire distributors in the United States.
on Monday said its Chief Financial Officer Laura Thompson is slated to retire next year. Ms. Thompson, who joined the Akron, Ohio, company in 1983, said she plans to retire sometime in the first quarter of 2019. “As I look ahead to marking 35 years with Goodyear in the coming months, I have given this decision a great deal of thought and concluded that the time is right for me to take this step,” Ms. Thompson said in a statement.
AKRON, Ohio, June 18, 2018 /PRNewswire/ -- The Goodyear Tire & Rubber Company (GT) today announced that Laura K. Thompson, executive vice president and chief financial officer has informed the company of her intention to retire in the first quarter of 2019 after 35 years of dedicated and distinguished service. Thompson joined Goodyear in 1983 and served in a wide range of key finance and business roles of increasing responsibility culminating in her appointment as executive vice president and chief financial officer in 2013. Earlier, she led business development and investor relations for the company.
On Monday, June 11, 2018, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. Seven out of nine sectors ended Monday's trading session in bullish territories. Taking into consideration yesterday's market sentiment, WallStEquities.com assessed the following Consumer Goods equities this morning: Winnebago Industries Inc. (NYSE: WGO), Carlisle Cos. Inc. (NYSE: CSL), Cooper Tire & Rubber Co. (NYSE: CTB), and The Goodyear Tire & Rubber Co. (NASDAQ: GT).
Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on February 2. Index (PMI) data, output in the Consumer Goods sector is rising.
Goodyear (GT) extends its worldwide innovation network to include Ann Arbor, MI-based Mcity. The company is going to carry out tests at the Mcity Test Facility.
AKRON, Ohio, May 31, 2018 /PRNewswire/ -- The Goodyear Tire & Rubber Company (GT) is extending its worldwide innovation network to include Mcity, the University of Michigan-led public-private partnership to advance connected and automated vehicles and technologies. Goodyear will conduct testing at the Mcity Test Facility with electric and autonomous vehicles, further developing its intelligent tires and the application of sensors, and extending its role in managing the connection of tires to the road, to vehicles and, ultimately, to consumers. "To generate mobility solutions involving tires – and even beyond tires – we are actively working with key players to shape the future for autonomous vehicles and ride-sharing fleets, and the activity at Mcity will help get us there even faster," said Chris Helsel, Goodyear's chief technology officer.
AKRON, Ohio, May 29, 2018 /PRNewswire/ -- The Goodyear Tire & Rubber Company (GT) is reinforcing its commitment to volunteerism and caring for communities with its Global Week of Volunteering from May 31 through June 6.
Often, publicly-traded companies that trade in discount-bin valuations are there for a reason. When it becomes clear that success is no longer probable, astute investors bail, leaving others holding the bag.
Moody's America Latina announced today that the proposed extension of the revolving period, the amendment to clarify the transaction eligible investments and the reduction of Euler Hermes Seguros de Crédito S.A. (Euler Hermes) insurance policy maximum indemnification amount to BRL104 million from BRL160 million would not, in and of themselves and as of this time, result in a change or withdrawal of the rating assigned to the senior shares of FIDC Mercantis Auto Peças.
AKRON, Ohio, May 24, 2018 /PRNewswire/ -- The Goodyear Tire & Rubber Company (GT) was recognized by Subaru of Indiana Automotive, Inc. (SIA) with the Excellent Performance Award as an exceptional parts and delivery supplier. "Goodyear and Subaru share a mutual commitment to delivering the highest level of performance and excellence to our customers," said Steve McClellan, president, Goodyear Americas.
Moody's Investors Service has upgraded to Aa3 from A1 Maricopa County School District 44 (Avondale Elementary), AZ's General Obligation (GO) rating. The Aa3 rating also considers the district's below average socioeconomic profile, history of declining enrollment that is expected to stabilize in the near term, average debt burden and pension liability.
Moody's Investors Service, ("Moody's") confirmed Dealer Tire, LLC's (Dealer Tire) existing ratings including its B1 Corporate Family Rating (CFR) and B1 senior secured credit facility ratings. Moody's also assigned a B1 rating to Dealer Tire's upsized revolving credit facility to expire in January, 2021.
LONDON, UK / ACCESSWIRE / May 15, 2018 / If you want access to our free earnings report on The Goodyear Tire & Rubber Co. (NASDAQ: GT) ("Goodyear"), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=GT. The Company reported its first quarter fiscal 2018 operating and financial results on April 25, 2018. The Company reiterated its guidance for FY18.
Goodyear recently said it also formed a joint venture with Bridgestone Americas Inc. to distribute their own tires. American Tire Distributors’ bonds have already suffered big losses on the Goodyear announcement. The company’s senior subordinated notes have shed over 54 points since April 16, the day Goodyear announced the joint venture with Bridgestone, to 48 cents on the dollar on Monday, according to MarketAxess.
"While the value proposition afforded by ATDI's extensive distribution network and replacement tire assortment remains intact, we anticipate a material loss of business that will not be easily replaced," said Inna Bodeck, Moody's lead analyst covering the company.
AKRON, Ohio, May 10, 2018 /PRNewswire/ -- The Goodyear Tire & Rubber Company's (GT) world-famous blimp, Wingfoot One, is coming to the Tampa Bay AirFest, which will take place this weekend at MacDill Airforce Base. Joining Wingfoot One for the May 12-13 event will be aerobatic champion Michael Goulian, who will dazzle attendees with breathtaking displays of precision airmanship. Launched in 2014, Wingfoot One is the first of a new generation of Goodyear blimps, which includes sister vessel, Wingfoot Two, and a third blimp coming this summer.
AKRON, Ohio, May 9, 2018 /PRNewswire/ -- The Goodyear Tire & Rubber Company (GT) was recognized by Honda North America with its prestigious Supplier Sustainability Award for demonstrating an exceptional commitment to social and environmental responsibility. Goodyear was Honda's only North American Original Equipment Supplier to earn this distinction, out of more than 500 suppliers. As a part of the award process, Honda visited Goodyear's Lawton, Oklahoma, facility to see firsthand how these efforts are being implemented.