Is It Crazy To Buy The Goodyear Tire & Rubber Company (GT) And PagSeguro Digital Ltd. (PAGS)?

    The shares of The Goodyear Tire & Rubber Company (NASDAQ:GT) has been pegged with a rating of Outperform by Exane BNP Paribas in its latest research note that was published on August 16th, 2019. The research company has also assigned a $10 price target. Exane BNP Paribas 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. Longbow advised investors in its research note published on June 6th, 2019, to Neutral the GT stock. The stock had earned Sector Weight rating from KeyBanc Capital Markets when it published its report on May 23rd, 2019. The stock was given Underperform rating by Longbow in its report released on February 11th, 2019, the day when the price target on the stock was placed at $14. Argus was of a view that GT is Hold in its latest report on February 11th, 2019. Wolfe Research thinks that GT is worth Outperform rating. This was contained in the firm’s report on October 2nd, 2018.

    Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 6 believe it has the potential for further growth, thus rating it as Hold while 3 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $16.43. The price of the stock the last time has raised by 7.84% 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 35.59.

    The shares of the company added by 1.63% during the trading session on Thursday, reaching a low of $11.68 while ending the day at $11.83. During the trading session, a total of 2.76 million shares were traded which represents a 28.91% incline from the average session volume which is 3.88M shares. GT had ended its last session trading at 11.64. The Goodyear Tire & Rubber Company currently has a market cap of $2.76B, while its P/E ratio stands at 6.11, while its P/E earnings growth sits at 0.18, with a beta of 1.77. The Goodyear Tire & Rubber Company debt-to-equity ratio currently stands at 1.39, while its quick ratio hovers at 0.70. GT 52-week low price stands at $10.97 while its 52-week high price is $24.85.

    The company in its last quarterly report recorded $0.25 earnings per share which is below the $0.34 predicted by most analysts. The The Goodyear Tire & Rubber Company generated $3,632.00 million in revenue during the last quarter, which is slightly lower than the $3,780.90 million predicted by analysts. In the second quarter last year, the firm recorded $0.19 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 24%. The Goodyear Tire & Rubber Company has the potential to record 1.94 EPS for the current fiscal year, according to equities analysts.

    Investment analysts at Evercore ISI published a research note on July 17th, 2019 where it informed investors and clients that PagSeguro Digital Ltd. (NYSE:PAGS) is now rated as Outperform. Longbow also rated PAGS as Upgrade on June 6th, 2019, with its price target of $19 suggesting that PAGS could down by -14.88% from its current share price. Even though the stock has been trading at $51.31/share, analysts expect it to surge higher by 2.01% to reach $45.56/share. It started the day trading at $52.62 and traded between $50.43 and $52.34 throughout the trading session.

    A look at its technical shows that PAGS’s 50-day SMA is 43.31 while its 200-day SMA stands at 30.15. The stock has a high of $53.43 for the year while the low is $17.02. The company’s P/E ratio currently sits at 62.24, while the P/B ratio is 9.75. At the moment, only of PagSeguro Digital Ltd. shares were sold short. The company’s average trading volume currently stands at 2.26M shares, which means that the short-interest ratio is just 7.06 days. Over the past seven days, the company moved, with its shift of 12.51%. Looking further, the stock has raised 67.11% over the past 90 days while it gained 100.38% over the last six months.

    The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Capital Research Management Co sold more PAGS shares, decreasing its portfolio by -1.08% during the last quarter. This move now sees Capital Research Management Co selling -299,158 shares in the last quarter, thus it now holds 27,386,954 shares of PAGS, with a total valuation of $1,190,784,760. Capital Research Management Co meanwhile bought more PAGS shares in the recently filed quarter, changing its stake to $840,166,518 worth of shares. Artisan Partners LP followed the path by increasing its PAGS portfolio by +25.30% in the quarter. This means that Artisan Partners LP bought 2,109,643 shares in the last quarter and now controls 10,449,484 shares of the PAGS stock, with the valuation hitting $454,343,564.

    The firm bought 23,744 shares during the quarter which increased its stakes to 7,238,166 shares and is now valued at $314,715,458. Following these latest developments, around of PagSeguro Digital Ltd. stocks are owned by institutional investors and hedge funds.