Geissler Werner, Director, added 35,000 shares of The Goodyear Tire & Rubber Company (GT) to its portfolio at the rate of $18.65 per share valuing $652,628 on Feb 13. The insider has now 50,000 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of The Goodyear Tire & Rubber Company (GT) was $14.60. Currently, the 1st Resistance Point for this stock is $14.79, with a 2nd Resistance Point sitting at $14.98. Meanwhile, this company’s stock has a 1st Support Level at $14.46 and a 2nd Support Level at $14.32. The Goodyear Tire & Rubber Company (GT) stock has lost -$0.27, or -1.82%, in the past five days. In the last full month, these shares have lost -$0.32, or -2.14%. In the past three months, this stock’s price has fallen by -$4.88, or -25.05%. This year-to-date, The Goodyear Tire & Rubber Company (GT) shares have lost -$5.81, or -28.47%.
Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For The Goodyear Tire & Rubber Company (GT) stock, 80% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 75% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Sell .”
With 232,264 K shares outstanding, this company currently has a market capitalization of $3,391,055K. The Goodyear Tire & Rubber Company (GT) generates $15,475 M in annual sales, amounting to annual net income of $693,000 K. This stock has generated a 1-Year Total Return of -37.50%, a 3-Year Total Return of -44.95%, and a 5-year Total Return of -47.65%. This stock’s 5-Year Dividend Growth is 1,060.00%, with its most recent dividend valued at $0.160 per share on 04/30/19. Its Annual Dividend Yield is 4.34%, and its Annual Dividend Rate is 0.64.
In the most recently-reported fiscal quarter, which ended in Mar-19, The Goodyear Tire & Rubber Company (GT) reported earnings of $0.19 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.06 per share, representing a 0.13 difference and 218.26% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.51 represented a -0.04 difference from the consensus estimate calling for $0.55 per share, which was a 7.27% surprise.
For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.42 per share. This estimate came from a total of 4 Wall Street Analysts. Of those market experts, the high estimate was $0.69 and the low estimate was $0.30. In the year-ago quarter, The Goodyear Tire & Rubber Company (GT) generated per-share earnings of $0.62. If the analysts are correct about the current quarter’s earnings, the growth will be -32.26% .
Turning our focus now to insider trading activity, there have been 0 purchases (0 shares in total) and 0 sale (0 shares in total) in the last 3 months. In the last 6 months, there have been 14 insider buys amounting to 86,626 shares and 13 insider sales amounting to 17,929 shares. In the past full year, 15 insider purchases were made (involving 94,009 shares) and 14 insider sell-offs equivalent to 21,204 shares.
Moving onto liquidity, The Goodyear Tire & Rubber Company (GT) has a Current Ratio of 1.24, a Quick Ratio of 0.64 and a Cash Ratio of 0.18. Looking at this company’s capital structure, its Total Debt to Total Equity is 118.48, its Total Debt to Total Capital is 54.23, and its Total Debt to Total Assets is now 34.16. Looking even further ahead into the future, its Long-Term Debt to Equity is 105.06 and its Long-Term Debt to Total Capital is 48.09.