The Goodyear Tire & Rubber Company Earnings Ahead: Quick Glance

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Using all the ratings on Cooper Tire & Rubber Company (NYSE:CTB), the mean rests at 2.

The combined effects of price increase and weak demand impacted Goodyear's first quarter, which saw operating and net income fall on relatively unchanged sales. Last year, Cooper reported earning $59 million, or $1.05 per share, on sales of $649.8 million. Net sales for the company dropped $7 million compared to a year ago. Moreover, earnings surpassed the Zacks Consensus Estimate of 63 cents.

International Tire Operations reported a 37.5% rise in revenues to $142 million, mainly due to higher unit volume as well as favorable price and mix, partially offset by a negative foreign currency impact. The company had revenue of $643.03 million for the quarter, compared to the consensus estimate of $687.92 million.

Goodyear Tire & Rubber Co (NASDAQ:GT) traded up 1.429% on Monday, reaching $35.855.

The Return on Invested Capital (aka ROIC) for Cooper Tire & Rubber Company (NYSE:CTB) is 0.263338. The ex-dividend date was Tuesday, February 28th. US Bancorp DE now owns 3,820 shares of the company's stock valued at $145,000 after buying an additional 920 shares in the last quarter.

The tire maker posted revenue of $3.7 billion in the period, which also beat Street forecasts.

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Revenues at the Americas segment improved 0.3% year over year to $1.96 billion. Glg Partners Lp stated it has 0.14% in Goodyear Tire & Rubber Co (NASDAQ:GT).

Adage Capital Partners Gp Llc increased Goodyear Tire & Rubr Co (GT) stake by 9.15% reported in 2016Q4 SEC filing. The company posted actual EPS for the last quarter of $1.28. The Firm specializes in the design, manufacture, marketing and sales of passenger auto, light truck, medium truck, motorcycle, and racing tires. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. Zacks Investment Research downgraded Goodyear Tire & Rubber Co from a "buy" rating to a "hold" rating in a report on Tuesday, January 17th. It indicates oversold and overbought price levels for a stock. Sell-side analyst recommendations point to a short term price target of $20.42 on the company shares. The P/E ratio was recorded at 7.53.The volatility in the previous week has experienced by 1.50% and observed of 2.15% in the previous month.96.60% ownership is held by institutional investors while insiders hold ownership of 0.30%. Replacement tire shipments were down 2 percent. Norges Bank purchased a new stake in shares of Goodyear Tire & Rubber Co during the fourth quarter worth about $84,244,000.

02/18/2014 - Cooper Tire & Rubber Company was upgraded to "buy" by analysts at Ned Davis Research.

The Goodyear Tire & Rubber Company (GT)'s RSI (Relative Strength Index) is 51.92. The FCF Growth of Cooper Tire & Rubber Company (NYSE:CTB) is -0.161040. Citigroup Inc lifted their price objective on shares of Goodyear Tire & Rubber Co from $36.00 to $41.00 and gave the company a "buy" rating in a research note on Friday, April 7th. $174,137 worth of Goodyear Tire & Rubber Co (NASDAQ:GT) was sold by NOECHEL RICHARD J. Kihn Jean Claude sold $11,395 worth of stock or 371 shares. Operating profit was negatively impacted by unit volume decline in North America, as well as volatile raw material costs and product pricing environment. The stock of Goodyear Tire & Rubber Co (NASDAQ:GT) has "Buy" rating given on Tuesday, November 29 by Jefferies.

The Shareholder Yield is a way that investors can see how much money shareholders are receiving from a company through a combination of dividends, share repurchases and debt reduction. The Firm operates through hospital activities segment, which includes its general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services.