The Goodyear Tire & Rubber Company (NasdaqGS:GT) Shareholder Return in Focus

Joanna Estrada
June 3, 2017

With 8.54 million avg volume, 1 days are for Newmont Mining Corporation (NYSE:NEM)'s short sellers to cover NEM's short positions. The SI to Fuelcell Energy Incorporated's float is 14.82%. 7,610,412 shares of the stock were exchanged. First Community Bancshares Inc (NASDAQ:FCBC) has risen 19.72% since June 2, 2016 and is uptrending. It has underperformed by 101.05% the S&P500. Such a turnaround in travel, says the analyst, "would support tire volumes and pricing" - and lift Goodyear Tires' fortunes along with them. About 94,859 shares traded.

More notable recent Goodyear Tire & Rubber Co (NASDAQ:GT) news were published by: Prnewswire.com which released: "Global Aircraft Tire Market 2017-2021 with Bridgestone, Dunlop Aircraft Tyres ..." on May 29, 2017, also Cleveland.com with their article: "Goodyear kicks off inaugural Week of Volunteering June 1-7" published on May 30, 2017, Seekingalpha.com published: "Goodyear: Positive Surprises Ahead?" on May 17, 2017. 1,450 were reported by Wealthtrust. The company has market cap of $43.99 million. The Firm is engaged in designing, manufacturing, installing, operating and maintaining fuel cell power solutions. The Firm also provides turnkey power generation solutions to the customers, including power plant installation, activities and maintenance.

Zacks presents analysts with an ABR (Average Broker Rating), based on the sell-side recommendations. Therefore 57% are positive. On average, equities analysts anticipate that Goodyear Tire & Rubber Co will post $4.04 earnings per share for the current year. On Thursday, October 13 the stock rating was upgraded by Bank of America to "Buy".

01/08/2015 - Cooper Tire & Rubber Company was upgraded to " by analysts at BB&T Capital Markets. What's more, it took an "improved price/mix" to hold sales steady, because Goodyear's volume of tires sold declined 4% year over year. The firm earned "Buy" rating on Tuesday, November 22 by Berenberg. FBR Capital initiated FuelCell Energy Inc (NASDAQ:FCEL) rating on Friday, December 18. The rating was initiated by Oppenheimer on Wednesday, February 8 with "Outperform". The stock recovered 27.01% since its low point and has performed -4.25% year-to-date. Stifel Nicolaus maintained the shares of TTMI in report on Monday, January 11 with "Buy" rating.

Investors sentiment increased to 1.2 in 2016 Q4. Its up 0.15, from 0.73 in 2016Q3. Finally, Goldman Sachs Group Inc downgraded Goodyear Tire & Rubber Co from a "buy" rating to a "neutral" rating and cut their price objective for the company from $34.00 to $33.00 in a report on Thursday, March 30th. Financial Architects Inc raised its stake in shares of Goodyear Tire & Rubber Co by 101.5% in the first quarter. The hedge fund run by Robert Pohly held 594,000 shares of the health care company at the end of 2016Q4, valued at $34.97M, up from 530,400 at the end of the previous reported quarter.

Investors sentiment increased to 1.2 in Q4 2016.

Shifting gears, we can see that The Goodyear Tire & Rubber Company (NasdaqGS:GT) has a Q.i. Summit Securities Group Limited Liability owns 0.06% invested in Goodyear Tire & Rubber Co (NASDAQ:GT) for 9,630 shares. Janney Montgomery Scott Ltd Com stated it has 10,700 shares. New York-based Howe And Rusling has invested 0% in Goodyear Tire & Rubber Co (NASDAQ:GT). Kornitzer Capital Mgmt Ks holds 11,750 shares or 0.01% of its portfolio. 1,401 were accumulated by Da Davidson. Massachusetts Financial Svcs Ma has invested 0% of its portfolio in Goodyear Tire & Rubber Co (NASDAQ:GT). Supplemental Annuity Collective Of Nj has invested 0.29% of its portfolio in Goodyear Tire & Rubber Co (NASDAQ:GT). Cooper Tire & Rubber Co's payout ratio is presently 9.86%. Livforsakringsbolaget Skandia Omsesidigt stated it has 169,400 shares or 0.12% of all its holdings. Us Bankshares De has 9,563 shares. Sentinel Trust Co Lba stated it has 0.12% in Cooper Tire & Rubber Co (NYSE:CTB).

11/16/2016 - Cooper Tire & Rubber Company had its " rating reiterated by analysts at KeyBanc. The firm has a market capitalization of $1.91 billion and a P/E ratio of 8.93. The Company specializes in the design, manufacture, marketing and sales of passenger vehicle, light truck, medium truck, motorcycle, and racing tires. It has a 6.8 P/E ratio.

The Week of Volunteering builds on the company's long-standing commitment to caring for communities where Goodyear operates. A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range. Therefore 38% are positive. In general, companies with the lowest combined rank may be the higher quality picks. The firm has "Neutral" rating given on Wednesday, February 24 by JP Morgan. The stock has "Hold" rating by Standpoint Research on Wednesday, October 28. The company has an average rating of "Hold" and a consensus price target of $41.14. Washington Tru Natl Bank reported 2,681 shares.

Since February 14, 2017, it had 0 insider purchases, and 4 selling transactions for $1.51 million activity.

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