Goodyear Tire & Rubber Co. (NASDAQ: GT) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that GOODYEAR INTRODUCES THE RL-5K OFF-THE-ROAD TIRE WITH THREE STAR LOAD CAPACITY RATING FOR HEAVY DUTY LOADERS.

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Stocks Info

The company is listed on the NASDAQ and operates within the Auto Parts industry segment. At the end of the last regular session, the stock closed at $13.73 and fluctuated between $13.86 as its day high and $13.55 as its day low. The current market capitalization of Goodyear Tire & Rubber Co. is $3.90B. A total of 2.27 million shares were traded on the day, compared to an average of 4.04M shares.

In the most recent transaction, WELLS DARREN R sold 8,509 shares of GT for 11.82 per share on Feb 28 ’24. After the transaction, the EVP & Chief Admin. Officer now owns 150,441 company shares. In a previous transaction on Feb 27 ’24, WELLS DARREN R sold 237 shares at 12.01 per share. GT shares that EVP & Chief Admin. Officer owns now total 150,441.

Among the insiders who sold shares, WELLS DARREN R disposed of 10,574 shares on Feb 20 ’24 at a per-share price of $12.39. This resulted in the EVP & Chief Admin. Officer holding 122,158 shares of GT after the transaction. In another insider transaction, WELLS DARREN R sold 10,332 shares at $12.33 per share on Feb 16 ’24. Company shares held by the EVP & Chief Admin. Officer now total 122,158.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, GT has a high of $16.50 and a low of $10.12.

As of this writing, GT has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.15 per share and a lower estimate of -$0.22. The company reported an EPS of $0.36 in the last quarter, which was 89.50% higher than expectations of $0.19.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. GT’s latest balance sheet shows that the firm has $1.09B in Cash & Short Term Investments as of fiscal 2021. There were $8.42B in debt and $6.61B in liabilities at the time. Its Book Value Per Share was $16.45, while its Total Shareholder’s Equity was $5.18B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GT is Buy with a score of 3.57.

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