Zacks Research Has Pessimistic Outlook of GT FY2026 Earnings

The Goodyear Tire & Rubber Company (NASDAQ:GT) – Investment analysts at Zacks Research cut their FY2026 earnings per share estimates for shares of Goodyear Tire & Rubber in a research note issued on Monday, March 10th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $2.07 per share for the year, down from their prior estimate of $2.08. The consensus estimate for Goodyear Tire & Rubber’s current full-year earnings is $1.50 per share. Zacks Research also issued estimates for Goodyear Tire & Rubber’s Q4 2026 earnings at $0.49 EPS and FY2027 earnings at $2.53 EPS.

GT has been the subject of several other reports. TD Cowen began coverage on Goodyear Tire & Rubber in a research note on Friday, March 7th. They set a “buy” rating and a $14.00 target price for the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $10.00 target price on shares of Goodyear Tire & Rubber in a research note on Friday, December 20th. StockNews.com raised Goodyear Tire & Rubber from a “hold” rating to a “buy” rating in a research report on Monday, February 17th. Finally, Argus raised Goodyear Tire & Rubber from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a research report on Tuesday, February 18th. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $13.18.

Goodyear Tire & Rubber Stock Down 3.0 %

NASDAQ GT opened at $9.38 on Wednesday. The stock has a market cap of $2.67 billion, a PE ratio of 39.08 and a beta of 1.71. Goodyear Tire & Rubber has a fifty-two week low of $7.27 and a fifty-two week high of $13.86. The business has a 50 day moving average price of $9.13 and a two-hundred day moving average price of $8.98. The company has a quick ratio of 0.55, a current ratio of 1.04 and a debt-to-equity ratio of 1.30.

Goodyear Tire & Rubber (NASDAQ:GT) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.10. The firm had revenue of $4.95 billion during the quarter, compared to analysts’ expectations of $4.91 billion. Goodyear Tire & Rubber had a return on equity of 6.21% and a net margin of 0.37%.

Institutional Investors Weigh In On Goodyear Tire & Rubber

Several large investors have recently added to or reduced their stakes in the stock. Truist Financial Corp lifted its position in Goodyear Tire & Rubber by 5.2% in the fourth quarter. Truist Financial Corp now owns 22,753 shares of the company’s stock worth $205,000 after purchasing an additional 1,115 shares during the period. Barclays PLC increased its holdings in shares of Goodyear Tire & Rubber by 158.6% in the third quarter. Barclays PLC now owns 975,634 shares of the company’s stock valued at $8,635,000 after buying an additional 598,330 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Goodyear Tire & Rubber by 1.2% in the third quarter. Geode Capital Management LLC now owns 7,053,829 shares of the company’s stock valued at $62,438,000 after buying an additional 86,227 shares in the last quarter. FMR LLC increased its holdings in shares of Goodyear Tire & Rubber by 28.1% in the third quarter. FMR LLC now owns 842,822 shares of the company’s stock valued at $7,459,000 after buying an additional 184,770 shares in the last quarter. Finally, Landscape Capital Management L.L.C. increased its holdings in shares of Goodyear Tire & Rubber by 69.5% in the third quarter. Landscape Capital Management L.L.C. now owns 142,790 shares of the company’s stock valued at $1,264,000 after buying an additional 58,526 shares in the last quarter. 84.19% of the stock is owned by institutional investors and hedge funds.

Goodyear Tire & Rubber Company Profile

Goodyear Tire & Rubber Co engages in the development, manufacture, distribution, and sale of tires. It operates through the following geographical segments: Americas, Europe, Middle East, and Africa, and Asia Pacific. The Americas segment is involved in the development, manufacture, distribution, and sale of tires and related products and services in North, Central, and South America.