The shares of The Goodyear Tire & Rubber Company (NASDAQ:GT) has been pegged with a rating of Outperform by Wolfe Research in its latest research note that was published on October 2nd, 2018. Wolfe Research wasn’t the only research firm that published a report of The Goodyear Tire & Rubber Company, with other equities research analysts also giving their opinion on the stock. Berenberg advised investors in its research note published on August 31st, 2018, to Hold the GT stock. The stock had earned Equal-Weight rating from Morgan Stanley when it published its report on August 13th, 2018. The stock was given Sell rating by Goldman in its report released on July 17th, 2018. Longbow was of a view that GT is Neutral in its latest report on January 31st, 2018. Guggenheim thinks that GT is worth Neutral rating. This was contained in the firm’s report on November 1st, 2017.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 4 believe it has the potential for further growth, thus rating it as Hold while 4 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $26.00. The price of the stock the last time has raised by 19.53% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 54.61.
The shares of the company dipped by -3.24% during the trading session on Tuesday, reaching a low of $22.78 while ending the day at $23.01. During the trading session, a total of 3.96 million shares were traded which represents a -10.03% decline from the average session volume which is 3.60M shares. GT had ended its last session trading at 23.78. The Goodyear Tire & Rubber Company currently has a market cap of $5.43B, while its P/E ratio stands at 6.95, while its P/E earnings growth sits at 0.35, with a beta of 1.73. The Goodyear Tire & Rubber Company debt-to-equity ratio currently stands at 1.36, while its quick ratio hovers at 0.80. GT 52-week low price stands at $19.25 while its 52-week high price is $36.07.
The company in its last quarterly report recorded $0.68 earnings per share which is below the $0.75 predicted by most analysts. The The Goodyear Tire & Rubber Company generated $3,928.00 million in revenue during the last quarter, which is slightly lower than the $3,936.76 million predicted by analysts. In the second quarter last year, the firm recorded $0.62 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 8.82%. The Goodyear Tire & Rubber Company has the potential to record 3.31 EPS for the current fiscal year, according to equities analysts.
Berenberg also rated AVYA as Downgrade on August 31st, 2018, with its price target of $9 suggesting that AVYA could surge by 37.89% from its current share price. Even though the stock has been trading at $15.75/share, analysts expect it to surge higher by 6.48% to reach $27.00/share. It started the day trading at $18.06 and traded between $16.5 and $16.77 throughout the trading session.
A look at its technical shows that AVYA’s 50-day SMA is 17.70 while its 200-day SMA stands at 20.77. The stock has a high of $23.76 for the year while the low is $14.24. The company’s P/E ratio currently sits at 0.62, while the P/B ratio is 1.07. The company’s average trading volume currently stands at 879.59K shares, which means that the short-interest ratio is just 10.50 days. Over the past seven days, the company moved, with its shift of 12.40%. Looking further, the stock has dropped -21.75% over the past 90 days while it lost -21.45% over the last six months.