Goodyear Tire & Rubber (NASDAQ:GT) Rating Lowered to Strong Sell at Zacks Research

Goodyear Tire & Rubber (NASDAQ:GT) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Wednesday,Zacks.com reports.

Other research analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft reduced their target price on Goodyear Tire & Rubber from $12.00 to $9.00 and set a “buy” rating on the stock in a research report on Thursday, April 16th. Citigroup raised their target price on Goodyear Tire & Rubber from $9.00 to $10.00 and gave the stock a “neutral” rating in a report on Thursday, February 12th. JPMorgan Chase & Co. dropped their target price on Goodyear Tire & Rubber from $11.00 to $10.00 and set an “overweight” rating on the stock in a report on Thursday, April 23rd. Finally, TD Cowen dropped their target price on Goodyear Tire & Rubber from $10.00 to $9.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $9.11.

Goodyear Tire & Rubber Stock Performance

NASDAQ GT opened at $6.86 on Wednesday. The stock has a market capitalization of $1.97 billion, a PE ratio of -0.95, a P/E/G ratio of 0.67 and a beta of 1.17. The business has a 50 day simple moving average of $7.04 and a two-hundred day simple moving average of $8.06. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.06 and a quick ratio of 0.54. Goodyear Tire & Rubber has a 1-year low of $6.14 and a 1-year high of $12.03.

Goodyear Tire & Rubber (NASDAQ:GT) last announced its earnings results on Wednesday, May 6th. The company reported ($0.39) EPS for the quarter, topping analysts’ consensus estimates of ($0.44) by $0.05. The firm had revenue of $3.88 billion during the quarter, compared to analysts’ expectations of $3.81 billion. Goodyear Tire & Rubber had a positive return on equity of 0.88% and a negative net margin of 11.64%.The company’s quarterly revenue was down 8.7% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.04) EPS. On average, research analysts predict that Goodyear Tire & Rubber will post 0.29 EPS for the current fiscal year.

Hedge Funds Weigh In On Goodyear Tire & Rubber

Several hedge funds and other institutional investors have recently made changes to their positions in GT. Focus Partners Wealth purchased a new position in shares of Goodyear Tire & Rubber in the third quarter valued at approximately $25,000. EFG International AG purchased a new position in shares of Goodyear Tire & Rubber in the fourth quarter valued at approximately $26,000. Los Angeles Capital Management LLC purchased a new position in shares of Goodyear Tire & Rubber in the fourth quarter valued at approximately $26,000. Hantz Financial Services Inc. lifted its position in shares of Goodyear Tire & Rubber by 384.8% in the third quarter. Hantz Financial Services Inc. now owns 5,289 shares of the company’s stock valued at $40,000 after acquiring an additional 4,198 shares in the last quarter. Finally, Cloud Capital Management LLC purchased a new position in shares of Goodyear Tire & Rubber in the third quarter valued at approximately $47,000. Hedge funds and other institutional investors own 84.19% of the company’s stock.

Goodyear Tire & Rubber News Roundup

Here are the key news stories impacting Goodyear Tire & Rubber this week:

• Positive Sentiment: Goodyear reported cost-savings from its Goodyear Forward transformation program (about $107M) and cited tariff-related benefits that helped offset weaker volumes; this supports near-term profitability improvement. PR Newswire Q1 Release
• Positive Sentiment: Adjusted EPS beat consensus: reported a loss per share smaller than analysts expected on the headline metric (company reported -$0.39 vs. consensus around -$0.43), which limited the sell-off. Zacks: Q1 Earnings Beat
• Neutral Sentiment: Management released the earnings presentation and held the investor call; slides and commentary provide detail but offered no clear upside guidance to calm investors. Earnings Presentation
• Neutral Sentiment: Cash flow and balance-sheet moves: operating cash flow showed improvement and capex was reduced, and the company reported lower total liabilities versus a year ago — these are stabilizing signs but not enough to offset weak sales. QuiverQuant: Q1 Financials
• Negative Sentiment: Demand weakness and falling tire volumes drove revenue down ~8–9% year-over-year, pressuring top line and margins. MarketBeat: Q1 Summary
• Negative Sentiment: Wider GAAP net loss and operating loss were highlighted in some reports (Quiver flagged a larger net loss and a swing to operating loss), raising concerns about underlying profitability. QuiverQuant: Wider Net Loss
• Negative Sentiment: Management warned that input-cost inflation (cited geopolitical pressures) and continued weak demand will require further cost actions — a signal that near-term margins could remain under pressure. WSJ: Management Comments
• Negative Sentiment: Analyst positioning remains cautious (few or no buy ratings and modest price targets), which limits upside until demand and margins show sustained improvement. QuiverQuant: Analyst Ratings & Targets

About Goodyear Tire & Rubber

The Goodyear Tire & Rubber Company is a leading tire manufacturer and rubber products supplier with more than a century of innovation in its portfolio. Founded in 1898 by Frank Seiberling in Akron, Ohio, the company has grown into a global enterprise known for its engineering expertise and quality standards. Over its history, Goodyear has pioneered advances in tire technology, from early pneumatic designs to modern high-performance and fuel-efficient solutions.

Goodyear’s core business encompasses the design, production and distribution of tires for a variety of markets, including passenger cars, commercial trucks, off-the-road vehicles, aircraft and specialty applications.