Traders Buy Goodyear Tire and Rubber (GT) on Weakness

Goodyear Peak Ultimate

Goodyear Peak Ultimate

Narrowing in a bit closer, the 5 month price index is 0.83924, the 3 month is 0.70768, and the 1 month is now 0.95151.

QS Investors LLC trimmed its stake in Goodyear Tire and Rubber (NASDAQ:GT) by 74.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. It has underperformed by 0.97% the S&P500.

Cypress Asset Management Inc decreased its stake in Kimberly Clark Corp (KMB) by 26.23% based on its latest 2017Q4 regulatory filing with the SEC. Great West Life Assurance Company Can holds 587,855 shares. Shares were down about 5% in after-hours trading on weaker profit margins. Its weekly and monthly volatility is 1.60%, 2.51% respectively. The stock increased 0.22% or $0.1 during the last trading session, reaching $45.65. Its distance from 20-days simple moving average is 1.93%, and its distance from 50 days simple moving average is -3.07% while it has a distance of -11.75% from the 200 days simple moving average. Eagle Materials Inc. (NYSE:EXP) has risen 5.94% since April 19, 2017 and is uptrending. It has outperformed by 104.90% the S&P500.

The Company holds the market capitalization of $6.76B along with 243.00M outstanding shares.

The Goodyear Tire & Rubber Company on 12/30/2017 reported its EPS as $0.74 with the analysts projecting the EPS of the stock as $0.63. They expect $0.44 earnings per share, down 40.54 % or $0.30 from last year's $0.74 per share. GT's profit would be $105.81M giving it 15.50 P/E if the $0.44 EPS is correct.

IBM reported earnings following the closing bell, posting per-share earnings that topped Wall Street's estimates.

Investors sentiment increased to 1.13 in Q4 2017. Its down 0.29, from 1.04 in 2017Q3. 63 funds opened positions while 61 raised stakes. PHX's SI was 257,700 shares in April as released by FINRA. Geode Cap Ltd Com owns 0.03% invested in The Goodyear Tire & Rubber Company (NASDAQ:GT) for 2.92 million shares.

On Wednesday, Shares of Cooper Tire & Rubber Company (NYSE: CTB) -4.53% and ended its trading session at $28.45. Nuwave Investment Ltd holds 0% or 55 shares in its portfolio. Goodyear Tire has $5200 highest and $2900 lowest target. Goodyear Tire and Rubber's payout ratio is 17.95%. First Tru Advsr Lp has 0.02% invested in The Goodyear Tire & Rubber Company (NASDAQ:GT).

Changing lanes, we can see that Cooper Tire & Rubber Company (NYSE:CTB) has a Q.i. State Board Of Administration Of Florida Retirement Sys invested in 0.03% or 383,196 shares. Hgk Asset Management Incorporated invested 0.07% of its portfolio in Cooper Tire & Rubber Company (NYSE:CTB). Fifth Third Bank & Trust owns 587 shares. Keybank National Association Oh accumulated 1,760 shares or 0% of the stock. Dynamic Technology Lab Private Ltd acquired a new position in Goodyear Tire and Rubber in the 3rd quarter worth about $205,000. Amundi Pioneer Asset Management has 36,942 shs for 0% of their capital. The stock of The Goodyear Tire & Rubber Company (NASDAQ:GT) has "Buy" rating given on Thursday, January 14 by Standpoint Research. It is positive, as 27 investors sold SAGE shares while 56 reduced holdings. Goodyear Tire had 35 analyst reports since October 28, 2015 according to SRatingsIntel. Berenberg initiated the stock with "Buy" rating in Tuesday, November 22 report.

Despite the fact that a low P/E ratio may make a stock look like a good buy, factoring in the company's growth rate to get the stock's PEG ratio can tell a different story. 211.29 million shares or 6.62% less from 226.27 million shares in 2017Q3 were reported. BidaskClub raised Goodyear Tire and Rubber from a "hold" rating to a "buy" rating in a report on Friday, January 26th. On Monday, October 30 the stock rating was maintained by JP Morgan with "Overweight". Hudson Bay Cap Management Lp accumulated 104,302 shares. RBC Capital Markets maintained the shares of SAGE in report on Monday, October 16 with "Buy" rating. Morgan Stanley maintained the shares of GT in report on Friday, July 28 with "Buy" rating. The company reported EPS (ttm) of 1.54.

Since March 9, 2018, it had 1 buy, and 0 selling transactions for $48,443 activity.

Cooper Tire & Rubber (NYSE:CTB) last announced its quarterly earnings data on Tuesday, February 20th. The ratio dropped, as 115 active investment managers increased or started new holdings, while 110 decreased and sold their holdings in Atlas Air Worldwide Holdings Inc. It's up 0.44, from 0.8 in 2017Q3.

NYSE:CTB opened at $28.45 on Thursday. Waverton Investment Management Ltd increased its stake in shares of Goodyear Tire and Rubber by 18.5% during the fourth quarter. Spitfire Ltd Llc invested in 174,087 shares. Aqr Cap Management Ltd reported 0.06% stake. Bnp Paribas Arbitrage Sa owns 92 shares. Leucadia Natl holds 110,270 shares. Zebra Mngmt Limited Liability Company holds 26,174 shares. (NYSE:PHX). Royal Bank Of Canada holds 0% of its portfolio in Panhandle Oil and Gas Inc. (NYSE:CFG), so far this year is at -0.69%. Goodman Fincl accumulated 2,000 shares. Loomis Sayles And Limited Partnership owns 903,647 shares. (NYSE:PHX). 24,759 were reported by California State Teachers Retirement System. Therefore 33% are positive. The company was maintained on Thursday, November 9 by KeyBanc Capital Markets. They now have a $30.0000 target on company. UBS maintained Kimberly-Clark Corporation (NYSE:KMB) rating on Tuesday, October 25. (NYSE:EXP) on Monday, April 18 with "Buy" rating. On Friday, February 24 the stock rating was downgraded by Jefferies to "Hold". The company was maintained on Friday, August 4 by Canaccord Genuity.

IBM stated Tuesday earnings and revenue that topped analyst expectations, but shareholders were left disdesignated with the company's forward-looking guidance.

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Recommended News

  • Hollywood star Natalie Portman boycotts Israel event

    Hollywood star Natalie Portman boycotts Israel event

    Former New York Mayor Michael Bloomberg, actor Michael Douglas and violinist Itzhak Perlman are among its winners. The prize has been established in 2013 to comprehend cultural achievement and contributions.
    ATP Monte Carlo: Novak Djokovic survives Borna Coric test

    ATP Monte Carlo: Novak Djokovic survives Borna Coric test

    Goffin put in his most impressive performance since returning, comfortably beating Spain's Roberto Bautista Agut 6-4, 7-5. Though he's behind 5-2 in their series, Thiem was the only player to beat Nadal on clay previous year .

    As of May, 1 EnLink Midstream, LLC (ENLC) Analysts See $0.16 EPS

    ENLK trades at a forward P/E of 46.48, a P/B of 1.79, and a P/S of 0.86, compared to a P/B of 0.03, and a P/S of 0.67 for TOPS. Moreover, First Bankshares Of Omaha has 0.29% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 336,003 shares.
  • Microsoft runs out of Windows phones

    Microsoft runs out of Windows phones

    Microsoft had previous year released a new look for its OneNote app that now has a consistent improved interface across all the platforms.
    Opposition parties to meet on Friday on CJI impeachment

    Opposition parties to meet on Friday on CJI impeachment

    Sibal further said that the judiciary's independence is at threat, alluding to the functioning of the office of the CJI. Kapil Sibal said that the Opposition parties did not have any option apart from filing an impeachment notice.
    IMF Chief Christine Lagarde Bashed India on Child Rape Incidents

    IMF Chief Christine Lagarde Bashed India on Child Rape Incidents

    Adrian said talk of a US-China trade war had not so far significantly affected financial conditions beyond the effect on markets. Overall, our forecasts indicate that debt-to-GDP ratios would come down over the next three to five years in most countries.
  • TCS net up 4.6% in Q4, slips 1.8% for 2017-18

    TCS net up 4.6% in Q4, slips 1.8% for 2017-18

    TCS reported a $185 million increase in dollar revenue, the highest ever quarterly growth in its history. The company's revenues grew 8.2% to ₹32,075 crore compared with ₹29,642 crore in previous quarter.
    Chandrababu Naidu begins hunger strike to demand for Andhra special status

    Chandrababu Naidu begins hunger strike to demand for Andhra special status

    TDP leaders say this is the first time in the country's history that Chief Minister of a state is observing fast on his birthday. Responding to it, opposition parties such as the YSR Congress (YSRC), the Congress and the Left parties extended their support.
    The best parts of Comey's book have nothing to do with Trump

    The best parts of Comey's book have nothing to do with Trump

    Comey writes how Trump repeatedly denied to him having been involved in an encounter with Russian prostitutes in a Moscow hotel. Details from Comey's memos reported in news stories previous year appear to come from the unclassified portions.
  • Barclays boss Jes Staley fined for whistleblower scandal

    Barclays boss Jes Staley fined for whistleblower scandal

    Barclays continues to provide information to, and cooperate with, authorities in the U.S. with respect to this matter. Staley directed Barclays's internal security team to try to find the writer, the bank's statement said .
    Jaguars Unveil Updated Uniforms for 2018-19 Season

    Jaguars Unveil Updated Uniforms for 2018-19 Season

    BC-FBN-New-Look Jaguars, 128 Jaguars unveil "no-nonsense" uniforms, helmets for 2018AP Photo NY158Eds: APNewsNow. Like Miami, Jacksonville's new uniforms are also a more modern design of the franchise's earlier uniforms.
    Google's Grasshopper App Teaches You How To Code On Your Phone

    Google's Grasshopper App Teaches You How To Code On Your Phone

    But when it comes to adults, the options to learn how to code start to look a lot less like fun and a lot more like classwork. Turning coding lessons into something more like a smartphone game makes them easier to fit into a busy schedule, she says.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.