News articles about Goodyear Tire & Rubber (NASDAQ:GT) have trended somewhat positive this week, according to Accern. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Goodyear Tire & Rubber earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.0822075525109 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- Analysts Outlook: Goodyear Tire Rubber (GT) – ExpressNewsline (expressnewsline.com)
- The Goodyear Tire & Rubber Company (NASDAQ:GT) Ducks Under The Trend Line – Newburgh Gazette (newburghgazette.com)
- Goodyear picks Atlanta for an ‘operations support’ center (Video) (bizjournals.com)
- Goodyear Oxygene concept tire cleans the air as it rolls (motorauthority.com)
- Free Post Earnings Research Report: Goodyear’s Quarterly Sales Gained 9%; Adjusted EPS Rose 4% – Digital Journal (digitaljournal.com)
Goodyear Tire & Rubber (NASDAQ GT) traded up $0.48 during trading on Friday, reaching $28.51. 4,115,663 shares of the company were exchanged, compared to its average volume of 3,263,507. The company has a quick ratio of 0.66, a current ratio of 1.21 and a debt-to-equity ratio of 1.05. The company has a market cap of $6,743.03, a price-to-earnings ratio of 21.28, a PEG ratio of 0.63 and a beta of 1.72. Goodyear Tire & Rubber has a twelve month low of $27.82 and a twelve month high of $36.88.
The business also recently declared a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Thursday, February 1st were issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date of this dividend was Wednesday, January 31st. Goodyear Tire & Rubber’s payout ratio is 41.79%.
A number of research firms recently weighed in on GT. Zacks Investment Research raised shares of Goodyear Tire & Rubber from a “hold” rating to a “buy” rating and set a $40.00 target price on the stock in a report on Monday, January 29th. BidaskClub raised shares of Goodyear Tire & Rubber from a “hold” rating to a “buy” rating in a report on Friday, January 26th. ValuEngine raised shares of Goodyear Tire & Rubber from a “buy” rating to a “strong-buy” rating in a report on Friday, December 1st. TheStreet lowered shares of Goodyear Tire & Rubber from a “b” rating to a “c+” rating in a report on Thursday, February 8th. Finally, Longbow Research began coverage on shares of Goodyear Tire & Rubber in a report on Wednesday, January 31st. They set a “neutral” rating on the stock. One investment analyst has rated the stock with a sell rating, five have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $37.30.
COPYRIGHT VIOLATION NOTICE: This piece was originally published by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this piece on another publication, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The correct version of this piece can be viewed at https://stocknewstimes.com/2018/03/16/goodyear-tire-rubber-gt-given-news-sentiment-score-of-0-19.html.
Goodyear Tire & Rubber Company Profile
The Goodyear Tire & Rubber Company is a manufacturer of tires. The Company operates through three segments. The Americas segment develops, manufactures, distributes and sells tires and related products and services in North, Central and South America, and sells tires to various export markets. The Americas segment manufactures and sells tires for automobiles, trucks, buses, earthmoving, mining and industrial equipment, aircraft and for various other applications.
Receive News & Ratings for Goodyear Tire & Rubber Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goodyear Tire & Rubber and related companies with MarketBeat.com's FREE daily email newsletter.