Goodyear Tire & Rubber: Why I See At Least 50% Upside For The Stock [Seeking Alpha]
The Goodyear Tire & Rubber Company (GT)
Last the goodyear tire & rubber company earnings: 4/30 07:15 am
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US:NYSE Investor Relations:
goodyear.com
Company Research
Source: Seeking Alpha
The company is focusing on innovation, partnerships, and a shareholder-friendly approach to improve its performance. Goodyear aims to regain market share, expand into higher margin areas, and restore profitability by 2025. While debt remains a concern, the company has de-leveraging the balance sheet by paying down debt. At 5.3x forward EBITDA, the company trades an unjustifiable discount to peers when we consider the outlook. Introduction The Goodyear Tire & Rubber Company ( NASDAQ: GT ) is a tire manufacturer in the United States. Over the years, the company has undergone a tumultuous period but I believe there seems to be signs of a turnaround. While shares have underperformed the market by a wide margin, the company has been undergoing a restructuring and has been making significant investments that should position it to be a market leader in the future. With higher revenue growth and margin expansion ahead, I believe that the market is sleeping on this forgotten and unl
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GT
News
- GOODYEAR TO ANNOUNCE FIRST QUARTER 2024 FINANCIAL RESULTSPR Newswire
- Goodyear (GT) to Report Q1 Results: What You Should Expect [Yahoo! Finance]Yahoo! Finance
- Brunt Workwear Launches ‘Heavy-Duty' Boot Line Built to Withstand the Toughest Trades [Yahoo! Finance]Yahoo! Finance
- BRUNT Workwear Expands Product Line with Marin Welted and Mulder Welted Boot Releases [Yahoo! Finance]Yahoo! Finance
- OTR Tire Market worth USD 7.0 billion by 2030 - Exclusive Report by MarketsandMarkets™ [Yahoo! Finance]Yahoo! Finance
GT
Earnings
- 2/12/24 - Beat
GT
Sec Filings
- 4/23/24 - Form 4
- 4/23/24 - Form 3
- 4/12/24 - Form 8-K
- GT's page on the SEC website