Goodyear Tire Rubber Stock Buy Hold or Sell Recommendation
| GT Stock | USD 10.61 0.51 5.05% |
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Goodyear Tire Rubber is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Goodyear Tire Rubber given historical horizon and risk tolerance towards Goodyear Tire. When Macroaxis issues a 'buy' or 'sell' recommendation for Goodyear Tire Rubber, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Goodyear Tire Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Goodyear and provide practical buy, sell, or hold advice based on investors' constraints. Goodyear Tire Rubber. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Goodyear |
Execute Goodyear Tire Buy or Sell Advice
The Goodyear recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Goodyear Tire Rubber. Macroaxis does not own or have any residual interests in Goodyear Tire Rubber or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Goodyear Tire's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | OK | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Goodyear Tire Trading Alerts and Improvement Suggestions
| Goodyear Tire Rubber had very high historical volatility over the last 90 days | |
| The company generated the yearly revenue of 20.07 B. Annual Net Loss to common stockholders was (687 M) with gross profit of 3.88 B. | |
| Goodyear Tire Rubber has a strong financial position based on the latest SEC filings | |
| Over 87.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Barnett Company Inc. Has 835,000 Position in The Goodyear Tire Rubber Company |
Goodyear Tire Returns Distribution Density
The distribution of Goodyear Tire's historical returns is an attempt to chart the uncertainty of Goodyear Tire's future price movements. The chart of the probability distribution of Goodyear Tire daily returns describes the distribution of returns around its average expected value. We use Goodyear Tire Rubber price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Goodyear Tire returns is essential to provide solid investment advice for Goodyear Tire.
| Mean Return | 0.26 | Value At Risk | -4.07 | Potential Upside | 4.52 | Standard Deviation | 2.99 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Goodyear Tire historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Goodyear Stock Institutional Investors
The Goodyear Tire's institutional investors refer to entities that pool money to purchase Goodyear Tire's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Nomura Holdings Inc | 2024-06-30 | 5.4 M | Victory Capital Management Inc. | 2024-09-30 | 4.8 M | Segall Bryant & Hamill | 2024-09-30 | 4.1 M | Newport Trust Co. | 2024-09-30 | 4 M | Jacobs Levy Equity Management, Inc. | 3.7 M | Charles Schwab Investment Management Inc | 2024-09-30 | 3.5 M | Northern Trust Corp | 2024-09-30 | 3.4 M | Bank Of New York Mellon Corp | 2024-06-30 | 2.7 M | Aqr Capital Management Llc | 2024-06-30 | 2.5 M | Blackrock Inc | 2024-06-30 | 35.2 M | Vanguard Group Inc | 2024-09-30 | 30.6 M |
Goodyear Tire Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 6M | 713M | (982M) | (1.0B) | 908M | 953.4M | |
| Change In Cash | 101M | 650M | (460M) | 147M | (326M) | (309.7M) | |
| Free Cash Flow | 437M | 468M | 81M | (540M) | (18M) | (18.9M) | |
| Depreciation | 795M | 859M | 883M | 964M | 1.0B | 708.7M | |
| Other Non Cash Items | 107M | (54M) | (40M) | 120M | 554M | 581.7M | |
| Dividends Paid | 138M | 148M | 37M | 0.0 | 10.9B | 11.4B | |
| Capital Expenditures | 770M | 647M | 981M | 1.1B | 1.1B | 867.8M | |
| Net Income | (297M) | (1.3B) | 780M | 209M | (687M) | (652.7M) | |
| End Period Cash Flow | 974M | 1.6B | 1.2B | 1.3B | 985M | 1.4B | |
| Change Receivables | 71M | 132M | (300M) | (333M) | (299.7M) | (284.7M) | |
| Net Borrowings | 1.9B | 250M | 1.4B | 582M | 669.3M | 667.7M | |
| Change To Netincome | 453M | (2M) | (486M) | (60M) | (69M) | (72.5M) | |
| Investments | 113M | (13M) | 7M | (914M) | (1.1B) | (1.0B) |
Goodyear Tire Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Goodyear Tire or Automobile Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Goodyear Tire's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Goodyear stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.0082 | |
β | Beta against Dow Jones | 2.13 | |
σ | Overall volatility | 3.11 | |
Ir | Information ratio | 0.04 |
Goodyear Tire Volatility Alert
Goodyear Tire Rubber currently demonstrates below-average downside deviation. It has Information Ratio of 0.04 and Jensen Alpha of -0.01. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Goodyear Tire's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Goodyear Tire's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Goodyear Tire Fundamentals Vs Peers
Comparing Goodyear Tire's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Goodyear Tire's direct or indirect competition across all of the common fundamentals between Goodyear Tire and the related equities. This way, we can detect undervalued stocks with similar characteristics as Goodyear Tire or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Goodyear Tire's fundamental indicators could also be used in its relative valuation, which is a method of valuing Goodyear Tire by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Goodyear Tire to competition |
| Fundamentals | Goodyear Tire | Peer Average |
| Return On Equity | -0.0612 | -0.31 |
| Return On Asset | 0.0219 | -0.14 |
| Profit Margin | (0.02) % | (1.27) % |
| Operating Margin | 0.05 % | (5.51) % |
| Current Valuation | 12.03 B | 16.62 B |
| Shares Outstanding | 284.92 M | 571.82 M |
| Shares Owned By Insiders | 7.68 % | 10.09 % |
| Shares Owned By Institutions | 86.93 % | 39.21 % |
| Number Of Shares Shorted | 25.12 M | 4.71 M |
| Price To Earning | 3.22 X | 28.72 X |
| Price To Book | 0.61 X | 9.51 X |
| Price To Sales | 0.15 X | 11.42 X |
| Revenue | 20.07 B | 9.43 B |
| Gross Profit | 3.88 B | 27.38 B |
| EBITDA | 856 M | 3.9 B |
| Net Income | (687 M) | 570.98 M |
| Cash And Equivalents | 1.25 B | 2.7 B |
| Cash Per Share | 4.41 X | 5.01 X |
| Total Debt | 8.65 B | 5.32 B |
| Debt To Equity | 1.77 % | 48.70 % |
| Current Ratio | 1.29 X | 2.16 X |
| Book Value Per Share | 16.65 X | 1.93 K |
| Cash Flow From Operations | 1.03 B | 971.22 M |
| Short Ratio | 3.72 X | 4.00 X |
| Earnings Per Share | (1.04) X | 3.12 X |
| Price To Earnings To Growth | 1.67 X | 4.89 X |
| Target Price | 13.43 | |
| Number Of Employees | 71 K | 18.84 K |
| Beta | 1.7 | -0.15 |
| Market Capitalization | 2.88 B | 19.03 B |
| Total Asset | 21.58 B | 29.47 B |
| Retained Earnings | 5.09 B | 9.33 B |
| Working Capital | 503 M | 1.48 B |
Note: Goodyear Tire exotic insider transaction detected [view details]
Goodyear Tire Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Goodyear . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Goodyear Tire Buy or Sell Advice
When is the right time to buy or sell Goodyear Tire Rubber? Buying financial instruments such as Goodyear Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Goodyear Tire in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Buywrite ETFs Thematic Idea Now
Buywrite ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Buywrite ETFs theme has 25 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Buywrite ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Goodyear Stock Analysis
When running Goodyear Tire's price analysis, check to measure Goodyear Tire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goodyear Tire is operating at the current time. Most of Goodyear Tire's value examination focuses on studying past and present price action to predict the probability of Goodyear Tire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodyear Tire's price. Additionally, you may evaluate how the addition of Goodyear Tire to your portfolios can decrease your overall portfolio volatility.