(GT) Goodyear Tire & Rubber - Ratings and Ratios

Goodyear Tire & Rubber Co is a global leader in the tire industry, operating under multiple brands and offering a diverse range of products and services for various applications, including automotive, commercial, and industrial sectors. The companys extensive product portfolio and global distribution network enable it to cater to a broad customer base, from individual consumers to large industrial clients.

The companys business model is multifaceted, involving the manufacture and sale of tires, retreading services, and the provision of automotive repair and maintenance services through its retail outlets and online platforms. Goodyears strong brand presence, coupled with its strategic expansion into emerging markets, positions it for long-term growth. Additionally, the companys focus on innovation, including the development of sustainable and high-performance tires, is expected to drive future revenue streams.

Analyzing the , we observe that GTs stock price is currently at $11.60, with a 20-day SMA of $11.16, indicating a positive trend. The 50-day and 200-day SMAs are $10.60 and $9.39, respectively, further supporting the notion of an upward trend. The ATR of 0.46 (3.92%) suggests moderate volatility. Considering the , GTs market capitalization stands at $3.26 billion, with a P/E ratio of 13.58 and a forward P/E of 8.26, indicating potential for earnings growth. The RoE of 5.02% is relatively modest, suggesting room for improvement in profitability.

Based on the combination of and , our forecast suggests that GTs stock price is likely to continue its upward trend, driven by the companys diversified product portfolio, global presence, and focus on innovation. We anticipate that GT will reach $14.50 within the next 12-18 months, representing a potential upside of 25% from current levels. However, this forecast is contingent upon the companys ability to maintain its momentum in the tire industry and navigate potential challenges, such as fluctuations in raw material costs and increasing competition.