Goodyear Tire & Rubber Co (GT) Stock AnalysisGTStock AnalysisGoodyear Tire & Rubber Co

The Goodyear Tire & Rubber Company is a tire company. It develops, manufactures, distributes and sells tires for most applications. It also operates commercial truck service and tire retreading centers. The Company operates approximately 800 retail outlets where it offers its products for sale to consumer and commercial customers and provides repair and other services. It manufactures its products in 51 manufacturing facilities in 19 countries. Its segments represent its regional tire businesses: the Americas, Europe, Middle East and Africa (EMEA), and Asia Pacific. It manufactures and sells numerous lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and various other applications. Its brands include Goodyear, Cooper, Kelly Tires, Mastercraft Tires, Mickey Thompson, Roadmaster, Debica, Sava, Fulda, Avon Tyres, and Sava, among others. It operates in the Consumer Cyclicals sector (TIRES & INNER TUBES industry).

Goodyear Tire & Rubber Co is not a good buy right now. The current price is $6.35, with a forward P/E ratio of 7.86, indicating potential undervaluation. However, the company has faced a significant revenue decline of 4.9% annually and a staggering 56.8% drop in earnings per share over the past two years, raising concerns about its growth sustainability. The main risk is the projected EPS decline of -0.5900, which was reported at -0.6100, indicating ongoing financial struggles.

11 analysts cover GT: 7 rate it Buy, 4 Hold and 0 Sell. The average price target is 9.86.