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Main » EPS for The Goodyear Tire & Rubber Company (GT) Expected At $0.73

EPS for The Goodyear Tire & Rubber Company (GT) Expected At $0.73

27 January 2018

The formula for calculating the price-earnings ratio for any stock is simple: the market value per share divided by the earnings per share (EPS). The hedge fund held 4,747 shares of the automotive aftermarket company at the end of 2017Q3, valued at $178,000, down from 150,171 at the end of the previous reported quarter. In the case of The Goodyear Tire & Rubber Company (NASDAQ:GT), Zacks tracked 8 brokers to create the consensus EPS estimate. The company has a market cap of $8.9 Billion. The stock increased 0.93% or $0.78 during the last trading session, reaching $84.53. Gargoyle Inv Advisor Lc holds 70,866 shares. It has outperformed by 18.93% the S&P500.

Trexquant Investment Lp decreased Martin Marietta Matls Inc (MLM) stake by 64.87% reported in 2017Q3 SEC filing. Beta factor was calculated at 1.58. American Int Gru reported 75,063 shares. Davide Leone & Partners Investment Company Llp who had been investing in Time Warner Inc for a number of months, seems to be bullish on the $73.83B market cap company. The stock decreased 1.28% or $0.5 during the last trading session, reaching $38.7.

The stock exchanged hands with a volume of 3.18 million shares compared to its standard daily volume. (NYSE:CNO) has risen 4.81% since January 25, 2017 and is uptrending. It has underperformed by 16.14% the S&P500. Finally, PNC Financial Services Group Inc. grew its stake in shares of Cooper Tire & Rubber by 7.2% during the second quarter.

Among 12 analysts covering Goodyear Tire (NASDAQ:GT), 7 have Buy rating, 0 Sell and 5 Hold. Therefore 60% are positive. Goldman Sachs maintained Cooper Tire & Rubber Company (NYSE:CTB) rating on Tuesday, May 3. Goodyear Tire & Rubber has an average rating of "Hold" and an average price target of $37.70. Deutsche Bank downgraded the shares of GT in report on Friday, July 28 to "Hold" rating. The stock of Citigroup Inc. S&P Research maintained Time Warner Inc. The stock of Lazard Ltd (NYSE:LAZ) earned "Buy" rating by Argus Research on Friday, July 24. On Wednesday, January 3 the stock rating was maintained by Bank of America with "Buy". The firm has "Neutral" rating by Northcoast given on Thursday, May 25. Howard Weil initiated Dominion Energy, Inc. Argus Research has "Buy" rating and $85 target. The stock has "Neutral" rating by UBS on Friday, January 29.

Investors sentiment decreased to 0.93 in Q3 2017. Its up 0.05, from 1 in 2017Q2.

Other large investors also recently bought and sold shares of the company. 53 funds opened positions while 165 raised stakes. Cullen Frost Bankers stated it has 0.06% of its portfolio in Dominion Energy, Inc. (NYSE:TWX). The Rhode Island-based Amica Retiree Trust has invested 0.55% in Time Warner Inc. Gm Advisory Grp holds 0.1% or 4,466 shares. Old Mutual Customised Solutions (Proprietary) owns 0.01% invested in Martin Marietta Materials, Inc. (NYSE:AWK) for 22,000 shares. Their desktop search utility provides consulting services, historical updates and data on inactive and active Canadian and United States equities, total return industry index series, monthly economic outlook, bi-weekly model portfolio, monthly market strategy overview, quantitative reports, personalized research summary, income statement model, summarized company reports, and compliance services. Panagora Asset Mngmt stated it has 32,044 shares or 0.01% of all its holdings. (NASDAQ:TAST). Victory Capital has 0% invested in Carrols Restaurant Group, Inc. (NYSE:AWK) for 424,239 shares. Paloma Partners Mgmt Com owns 16,270 shares. Nasdaq Journal (NJ) makes sure to keep the information up to date and correct, but we didn't suggest or recommend buying or selling of any financial instrument, unless that information is subsequently confirmed on your own. Lsv Asset Mngmt invested in 3.75M shares. Kennedy Capital Mngmt holds 548,949 shares or 0.37% of its portfolio. (NYSE:AWK) for 10,375 shares. Manufacturers Life Co The owns 1.54 million shares or 0.14% of their USA portfolio.

Analyst Thoughts About DSW Inc. (NYSE:D) to report earnings on February, 7. Likewise, the performance for the quarter was recorded as 1.08% and for the year was 20.22%.

Analysts' mean recommendation for The Goodyear Tire & Rubber Company (GT) stands at 2.10. Therefore 58% are positive. Finally, JPMorgan Chase & Co. dropped their price objective on Goodyear Tire & Rubber from $40.00 to $38.00 and set an "overweight" rating for the company in a research report on Monday, October 30th. Jefferies maintained Cooper Tire & Rubber Company (NYSE:CTB) rating on Friday, September 8. The firm has "Hold" rating given on Friday, September 29 by Piper Jaffray. Robert W. Baird downgraded it to "Neutral" rating and $82 target in Wednesday, April 26 report. The stock has "Buy" rating by Argus Research on Tuesday, November 10. Morgan Stanley maintained it with "Underweight" rating and $76 target in Monday, August 24 report.

Since August 15, 2017, it had 0 insider purchases, and 4 insider sales for $507,858 activity. Another trade for 212 shares valued at $6,355 was sold by McClellan Stephen R. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 7,725 shares of the company's stock worth $279,000 after purchasing an additional 31 shares in the last quarter.

Cooper Tire & Rubber Company (NYSE:CTB)'s earnings per share has been growing at a 2.3 percent rate over the past 5 year when average revenue increase was noted as -5.6 percent. This represents a $0.40 annualized dividend and a dividend yield of 1.28%. Its up 0.30, from 0.98 in 2017Q2. It fall, as 43 investors sold GT shares while 145 reduced holdings. 139.87 million shares or 0.09% less from 140.00 million shares in 2017Q2 were reported. Companies that have a market capitalization $300 million - $2 billion are classified as small-cap companies. The fund owned 1,409,833 shares of the company's stock after acquiring an additional 270,549 shares during the quarter. Over the last 90 days, insiders sold 18,750 shares of company stock worth $662,938. 9,900 are owned by Commerzbank Aktiengesellschaft Fi.

Cooper Tire & Rubber (NYSE:CTB) last released its earnings results on Monday, October 30th. The company was downgraded on Wednesday, October 28 by Standpoint Research.

Pillar Pacific Capital Management LLC increased its holdings in shares of Goodyear Tire & Rubber Co (NASDAQ:GT) by 2.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). State Street Corporation owns 651,833 shares. Portolan Management Ltd Liability Company holds 93,057 shares or 0.41% of its portfolio. Profund Ltd Liability Company reported 1,620 shares.

According to 9 analysts, the Average Revenue Estimate is $10.01 Billion for the current Fiscal quarter. Schroder Investment Management Group acquired a new stake in Goodyear Tire & Rubber in the second quarter valued at $160,000.