The Goodyear Tire & Rubber Company's (GT) closing price of $35.71
- Author: Joanne Flowers Feb 14, 2017,
Feb 14, 2017, 17:46
It also provides telecommunications network infrastructure solutions for development, procurement, design, engineering, construction management, and on-going maintenance and operation of telecommunications network projects. The institutional investor owned 640,025 shares of the company's stock after buying an additional 338,653 shares during the period. (OTC:ICLD) surged 2.11% yesterday to close its trading session at $0.02.
The Goodyear Tire & Rubber Company (NASDAQ:GT) now has a consensus Price Target of $35.94. The Goodyear Tire & Rubber Company has a 12 month low of $24.31 and a 12 month high of $33.99.
SLM Corporation (NASDAQ:SLM) went up 0.24% during trading on the United States exchange when it had traded 3.77M shares. This is a proprietary weighted technical model built by Capital Market Labs (CML).
Earnings surprise history: Last quarter, the company posted approximately $750.91 million in revenue and EPS of $1.04. Stockholders of record on Wednesday, February 1st will be given a dividend of $0.10 per share.
The firm is trading with SMA20 of -3.84 Percent, SMA50 of -33.74 Percent and SMA200 of -53.84 percent. Finally, Northern Trust Corp boosted its position in shares of The Goodyear Tire & Rubber Company by 0.6% in the third quarter. Similarly, the company has Return on Assets of 0 percent, Return on Equity of 0 percent and Return on Investment of 0 Percent. The stock has Return on Assets (ROA) of 9.6 percent.
The Stock now has Analyst' mean Recommendation of 2 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell. Earnings, with 6 analysts believing the company would generate an Average Estimate of $0.94.
Our vendor, Zacks Investment Research, hasn't provided us with the upcoming earnings report date. Sales growth past 5 years was measured at -7.80%. Cooper Tire & Rubber Company's (CTB) is a part of Consumer Goods sector and belongs to Rubber & Plastics industry. It has marketing operations in nearly every country around the world.
Shares of The Goodyear Tire & Rubber Company (NASDAQ:GT) opened at 33.72 on Friday. The median estimate represents a +1.51% increase from the last price of 35.71.
The Goodyear Tire & Rubber Company (NASDAQ:GT) right now sits at consensus rating of 1.80 while 6 analysts have advocated the shares as "BUY", 4 calls it an "OUTPERFORM" and 0 suggest "HOLD". One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. From the opening price, the stock has seen a change of 5.31% recently clocking in with a price of $35.49. The stock has an operating margin of 10.00% and a net profit margin of 8.30% This appreciation has taken its price 39.94% above the 52-week low. The Low Price target projection by analysts is $37 and the Mean Price Target is $43. The stock hit 1-yearhigh at $12.46 and a low of $5.41 in the same period. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 6.88% with $257.34 Million sitting short, betting on future declines.
The Goodyear Tire & Rubber Company (NASDAQ:GT) last announced results for quarter ended on 31 Dec 2016, disclosing EPS of $0.95 The reported earnings per share topped the analyst's consensus by $0.08 with the percentage difference between estimated and actual earnings arriving at 9.20%. The firm's revenue for the quarter was down 7.9% on a year-over-year basis. This shows a surprise factor of 9.2 percent. Northern Trust Corp now owns 2,926,577 shares of the company's stock valued at $94,529,000 after buying an additional 18,380 shares in the last quarter. Leading up to this report, we have seen a 17.11% rise in the stock price over the last 30 days and a 22.27% increase over the past 3 months.