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Goodyear Tire & Rubber (GT) Is Up Sharply After Dividend Increase
Analysts’ mean recommendation for The Goodyear Tire & Rubber Company’s (GT) stands at 1.90. The company finished it is trading at $31.06. The Goodyear Tire & Rubber Company has a one year low of $24.31 and a one year high of $35.30.
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Currently The Goodyear Tire & Rubber Company (GT) captured an average recommendation of ” Overweight ” from analysts, according to FactSet data.
The stock has its 200-day moving average of $4.45 and $6.22 as its 50-day moving average. The Company expected to announce next earnings approximately $1.21 per share.
A total of 7 brokers have released a report on The Goodyear Tire & Rubber Company.
Cytosorbents Corporation (NASDAQ:CTSO) announced its sponsorship of tonight’s sold-out Fifth Annual Sepsis Heroes Gala hosted by theSepsis Alliance at Arena NYC in New York City. The Company manufactures and sells tires under the Goodyear Dunlop Kelly Debica Sava and Fulda brands and various other Goodyear owned-house brands and the private-label brands of certain customers. “Outperform View” rating was revealed by 4 and “Underperform Signal” rating was issued by 1. Relative volume is ratio between current volume and 3-month average value, intraday adjusted. Analysts projected the minimum sales estimate of $3,899.00M and some analysts told that the stock may achieve maximum sales of $4,191.00M.
Analysts on average are expecting revenue target $3,950.11M for next quarter (Quarter Ending Dec-16). The 6 stock analysts who cover the stock have an average PT at $34.33, with individual targets in the range of $20 to $41. Cooper Tire & Rubber Co makes up approx 0.14% of A.r.t. Advisors’s portfolio.Teachers Advisors Inc boosted its stake in CTB in the latest quarter, The investment management firm added 2,477 additional shares and now holds a total of 87,960 shares of Cooper Tire & Rubber Co which is valued at $2,984,483.Victory Capital Management Inc boosted its stake in CTB in the latest quarter, The investment management firm added 89,079 additional shares and now holds a total of 920,136 shares of Cooper Tire & Rubber Co which is valued at $31,431,846. The Average price target is noted at $4.75, this average price is calculated and based on coming up with go through the consensus of analysts and stock’s current price is placed at $6.51. Let us check out how WSJ analysts have ranked GT for quarterly and monthly. Take a look at back three month ago, consensus EPS estimate opinions was decided at $4.07 by analysts. The institutional ownership stake in the company is 0.30% while the Beta factor stands at 0.62. The difference between actual earnings and estimated earnings was $4,020.09 per share.
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The following two tabs change content below. He is junior content writer and editor of StreetUpdates.