New Analyst Ratings On The Goodyear Tire & Rubber Company (NASDAQ:GT)

Author

29 May, 2017

Goodyear Tire & Rubber Co (NASDAQ:GT) has risen 17.26% since May 29, 2016 and is uptrending. This dividend's record date is Jun 1, 2017 and the announcement date is May 5, 2017. Corporate insiders own 0.80% of the company's stock. About 288,008 shares traded.

Sheaff Brock Investment Advisors LLC boosted its stake in Goodyear Tire & Rubber Co (NASDAQ:GT) by 92.4% during the first quarter, according to its most recent disclosure with the SEC. It has underperformed by 1.50% the S&P500. Following the transaction, the insider now directly owns 90,599 shares in the company, valued at approximately $3,193,614.75. Floating stock is calculated by subtracting closely-held shares and restricted stock from a firm's total outstanding shares. Piper Jaffray downgraded the shares of LOW in report on Monday, October 31 to "Neutral" rating.

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 1st. Goodyear Tire had 11 analyst reports since October 28, 2015 according to SRatingsIntel. See Lowe's Companies, Inc. One investment analyst has rated the stock with a sell rating, five have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Therefore 38% are positive. Cooper Tire has $53 highest and $38 lowest target. Also, the current price highlights a discount of 37.55% to analysts' high consensus price target. As per Monday, November 2, the company rating was maintained by RBC Capital Markets. Finally, FBR & Co reiterated a "positive" rating and set a $48.00 price objective on shares of Cooper Tire & Rubber Co in a report on Tuesday, February 21st. The rating was maintained by Deutsche Bank with "Hold" on Friday, August 7. JP Morgan maintained it with "Neutral" rating and $44 target in Wednesday, February 24 report. Tower Capital Ltd Company (Trc) reported 0.01% of its portfolio in Cooper Tire & Rubber Co (NYSE:CTB). The company was maintained on Monday, May 2 by JP Morgan. The stock of Cooper Tire & Rubber Co (NYSE:CTB) earned "Neutral" rating by Northcoast on Wednesday, April 19. The firm has "Overweight" rating given on Thursday, April 7 by KeyBanc Capital Markets.

11/22/2016 - Berenberg Bank began new coverage on The Goodyear Tire & Rubber Company giving the company a "buy" rating. Glenview State Bank Trust who had been investing in Aon Plc for a number of months, seems to be less bullish one the $34.10 billion market cap company. The Europe, the Middle East and Africa (EMEA) segment develops, manufactures, distributes and sells tires for automobiles, trucks, buses, aircraft, motorcycles, and earthmoving, mining and industrial equipment throughout EMEA under the Goodyear, Dunlop, Debica, Sava and Fulda brands.

03/01/2017 - The Goodyear Tire & Rubber Company was downgraded to "hold" by analysts at Standpoint Research. The Company operates through three segments. PRA Group, Inc. has 1 buy ratings, 3 holds and 0 sells even after the stock tumbled -14.87% from its high of $42.7 to a $1.67 billion market value through last close. Its up 0.35, from 0.85 in 2016Q3. Research analysts expect Cooper Tire & Rubber Co to earn $4.18 per share next year, which means the company should continue to be able to cover its $0.42 annual dividend with an expected future payout ratio of 10.0%.

Several large investors have recently made changes to their positions in GT. Deroy & Devereaux Private Investment Counsel Inc. raised its stake in shares of Goodyear Tire & Rubber Co by 20.5% in the third quarter.

Analysts await Goodyear Tire & Rubber Co (NASDAQ:GT) to report earnings on July, 26. Cap Counsel owns 0.14% invested in Cooper Tire & Rubber Co (NYSE:CTB) for 7,450 shares. Keefe Bruyette & Woods upgraded Aon plc Class A Ordinary Shares (UK) (NYSE:AON) on Monday, November 21 to "Outperform" rating. Euclidean Technology Mngmt Ltd holds 1.86% in Cooper Tire & Rubber Co (NYSE:CTB) or 51,937 shares. Spark Inv Mngmt Ltd Liability reported 0.08% of its portfolio in Cooper Tire & Rubber Co (NYSE:CTB). Bridgeway Mgmt Inc has 59,600 shares. Bnp Paribas Arbitrage, a New York-based fund reported 7,642 shares. (NYSE:THS). Deutsche Savings Bank Ag reported 0.01% of its portfolio in TreeHouse Foods Inc.

Since February 28, 2017, it had 0 insider purchases, and 1 insider sale for $566,876 activity.

In other Cooper Tire & Rubber Co news, VP Stephen Zamansky sold 14,041 shares of Cooper Tire & Rubber Co stock in a transaction that occurred on Tuesday, February 28th.

Lowe's Companies, Inc.is a home improvement retailer. It has a 8.96 P/E ratio. The Firm operates approximately 1,800 stores located across over 50 states in the United States, including approximately 80 Orchard Supply Hardware (Orchard) stores in California and OR, as well as approximately 40 stores in Canada and over 10 stores in Mexico.

Since December 1, 2016, it had 0 insider buys, and 8 sales for $43.68 million activity. On Friday, March 3 Hollifield Matthew V sold $753,162 worth of Lowe's Companies, Inc. (NYSE:LOW) or 9,299 shares. DAMRON RICKY D also sold $1.41M worth of Lowe's Companies, Inc. (NYSE:LOW) on Saturday, April 1. 12,700 shares valued at $1.04 million were sold by CROOM MARSHALL A on Thursday, March 30. The share price has moved backward from its 20 days moving average, trading at a distance of -4.23% and stays -6.77% away from its 50 days moving average.


More news


  • FA Cup victor  Wenger: Arsenal future decided Tuesday

    FA Cup victor Wenger: Arsenal future decided Tuesday

    Instead, the FA Cup is the consolation prize again for Arsenal and Wenger. But it is the losers who still head in the offseason the most buoyant.
    IShares MSCI United Kingdom Index Sees Unusually Large Options Volume (EWU)

    IShares MSCI United Kingdom Index Sees Unusually Large Options Volume (EWU)

    This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized. In other words, the ratio reveals how effective the firm is at turning shareholder investment into company profits.
    Manchester bomber said 'forgive me' before blast, says relative

    Manchester bomber said 'forgive me' before blast, says relative

    Armed police officers and soldiers were deployed at soccer matches, concerts and other big events. Following the arrest , police conducted a search at a property in the same area.
  • Woman arrested in connection with Manchester attack after police raid flats

    He said Salman visited Libya a month and a half ago and only returned to Manchester after winning a cheap ticket to Umrah. Alan Kinsey, 52, who lives across the street, said he would often see a young man in his 20s returning late at night.
    Theresa May to confront Trump on Manchester attack leaks

    Theresa May to confront Trump on Manchester attack leaks

    British Prime Minister Theresa May has raised the terror threat to its highest level - critical - for the first time in a decade. As of early Thursday, British police had arrested eight people in connection with the attack.
    Manchester terror attack: Libya arrests brother, father

    Manchester terror attack: Libya arrests brother, father

    Her French counterpart Gerard Collomb said he had links with Islamic State and had probably visited Syria as well. A woman arrested on Wednesday in Blackley has been released without any charge, the police said earlier.
  • Qualcomm INC (QCOM) Holding Held by Jhl Capital Group Llc

    Murphy John Francis also sold $637,639 worth of QUALCOMM, Inc. (NASDAQ:QCOM) was bought by LIVERMORE ANN M on Thursday, May 11. The wireless technology company reported $1.34 EPS for the quarter, beating analysts' consensus estimates of $1.05 by $0.29.
    North Korea fires short-range ballistic missile off western Japan

    North Korea fires short-range ballistic missile off western Japan

    In an interview with a Television channel yesterday, he said U.S. assumes that North Koea is getting better with each test. South Korea's new president, Moon Jae-In, ordered a meeting of the national security council to assess the launch.

    Trump reportedly tells 'confidants' USA will leave Paris climate deal

    President Donald Trump , however, took to Twitter to say that he would issue a final decision on the 195-nation accord next week. The White House team also asked the French president to be "precise" in his conversation with Trump, the French official said.
  • Goldstein Munger & Associates Invests $279000 in International Business Machines Corp. (IBM)

    De Burlo Group Inc decreased Church & Dwight Inc (NYSE:CHD) stake by 25,300 shares to 127,300 valued at $5.63M in 2016Q4. Livingston Group Asset Mgmt (Operating As Southport Capital Management), a Tennessee-based fund reported 7,785 shares.

    And he's furious with media over new reports

    With no scheduled events on Sunday, Mr Trump was back on social media with a string of messages critical of the media. Trump on Thursday ordered an investigation of the leaks, saying they "pose a grave threat to our national security ".

    Taiwan Semiconductor Mfg. Co. Ltd. (TSM) Short Interest Up 63.0% in May

    Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.33 average brokerage recommendation. The Affinity Investment Advisors Llc holds 53,341 shares with $3.78M value, down from 73,962 last quarter.