Press coverage about Goodyear Tire & Rubber (NASDAQ:GT) has trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Goodyear Tire & Rubber earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.7113962552346 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- Novice Trade: Goodyear Tire & Rubber (realmoneypro.thestreet.com)
- Eye-Catching Shares – The Goodyear Tire & Rubber Company (NASDAQ: GT) – Alpha Beta Stock (alphabetastock.com)
- Legacy of Goodyear and Dale Earnhardt Jr. Brought to Life in New Ad (finance.yahoo.com)
- Goodyear Tire & Rubber Co (GT) Given Consensus Rating of “Buy” by Brokerages (americanbankingnews.com)
- Factors of Influence in 2018, Key Indicators and Opportunity within Electronic Arts, The Goodyear Tire & Rubber, Wendy’s, Collegium Pharmaceutical, IAC/InterActiveCorp, and Endurance International Group — New Research Emphasizes Economic Growth (finance.yahoo.com)
Shares of Goodyear Tire & Rubber (NASDAQ:GT) traded up $0.38 during mid-day trading on Thursday, hitting $29.96. The stock had a trading volume of 3,401,296 shares, compared to its average volume of 3,560,000. The company has a market cap of $7,380.00, a price-to-earnings ratio of 22.36, a P/E/G ratio of 0.63 and a beta of 1.60. Goodyear Tire & Rubber has a 12-month low of $28.81 and a 12-month high of $37.20. The company has a current ratio of 1.21, a quick ratio of 0.66 and a debt-to-equity ratio of 1.05.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Thursday, February 1st will be given a $0.14 dividend. The ex-dividend date is Wednesday, January 31st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.87%. Goodyear Tire & Rubber’s dividend payout ratio is currently 41.79%.
GT has been the topic of several recent research reports. Guggenheim set a $32.00 price target on Goodyear Tire & Rubber and gave the stock a “hold” rating in a research report on Friday, February 9th. TheStreet lowered Goodyear Tire & Rubber from a “b” rating to a “c+” rating in a research report on Thursday, February 8th. BidaskClub lowered Goodyear Tire & Rubber from a “buy” rating to a “hold” rating in a research report on Tuesday. Zacks Investment Research upgraded Goodyear Tire & Rubber from a “hold” rating to a “buy” rating and set a $40.00 price target on the stock in a research report on Monday, January 29th. Finally, Longbow Research initiated coverage on Goodyear Tire & Rubber in a research report on Wednesday, January 31st. They set a “neutral” rating on the stock. Seven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. Goodyear Tire & Rubber currently has a consensus rating of “Buy” and a consensus target price of $37.30.
In other news, SVP Jean Claude Kihn sold 7,500 shares of Goodyear Tire & Rubber stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $32.12, for a total value of $240,900.00. Following the sale, the senior vice president now directly owns 51,848 shares in the company, valued at approximately $1,665,357.76. The sale was disclosed in a filing with the SEC, which is available through this link. 1.40% of the stock is currently owned by company insiders.
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Goodyear Tire & Rubber Company Profile
The Goodyear Tire & Rubber Company is a manufacturer of tires. The Company operates through three segments. The Americas segment develops, manufactures, distributes and sells tires and related products and services in North, Central and South America, and sells tires to various export markets. The Americas segment manufactures and sells tires for automobiles, trucks, buses, earthmoving, mining and industrial equipment, aircraft and for various other applications.
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