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How to Buy Goodyear Tire & Rubber Co Stock

Goodyear Tire & Rubber Co

The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide.

Goodyear Tire & Rubber Co stock last closed at $11.71, down 2.17% from the previous day, and has increased 6.45% in one year. It has overperformed other stocks in the Auto Parts industry by 0.18 percentage points. Goodyear Tire & Rubber Co stock is currently +15.71% from its 52-week low of $10.12, and -29.05% from its 52-week high of $16.51.

There are currently 283.95M GT shares outstanding. The market capitalization of GT is $3.33B. In the past 24 hours, 3.61M GT shares were traded.

How to Buy Goodyear Tire & Rubber Co Stock

Wondering how to invest in Goodyear Tire & Rubber Co stock? Here's how.
  1. Choose where to buy Goodyear Tire & Rubber Co stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Goodyear Tire & Rubber Co stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Select your payment method and add your information.
  4. Evaluate Goodyear Tire & Rubber Co stock: The Goodyear Tire & Rubber Co ticker symbol is GT. Is Goodyear Tire & Rubber Co stock a good investment? Should you buy shares of GT? How do GT's underlying business fundamentals look? Do top analysts think Goodyear Tire & Rubber Co is a good buy? Why has GT's stock price moved recently? (Hint: Our stock research tools can help you figure out if GT is a good stock to buy).
  5. Place your GT purchase: Decide if you will purchase GT shares at the current market price or use a limit order to purchase GT stock at a specific price.
  6. Get updates on your GT position: Create a watchlist to key updates about your new investment in Goodyear Tire & Rubber Co shares.

Step 1: Choose where to buy Goodyear Tire & Rubber Co stock

You will need a brokerage account to access the NASDAQ market and buy GT shares.

A brokerage account allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've picked your brokerage, you need to fill out some personal info so you can invest in GT stock today.

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Step 3: Fund your brokerage account

Now that you have created your account on the best stock buying app, you need to deposit funds:

Watch the tutorial below if you need help depositing money into your brokerage account.

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Step 4: Evaluate Goodyear Tire & Rubber Co stock

Once you have selected the best place to buy Goodyear Tire & Rubber Co stock, it's absolutely critical to evaluate their stock prior to investing, so you truly understand the risk as well as the opportunity.

Overview of key GT info

GT Price
$11.71
1w %
-6.84%
1y %
6.45%
5y %
-42.91%
P/E
-4.84x
P/B
0.71x
P/S
0.17x
PEG
N/A
Revenue
$20.07B
Earnings
-$687.00M
Fore. Rev. Growth
0.36%
Fore. Earn. Growth
N/A
Market Cap
$3.33B
Next Earnings
May 2, 2024
Next Dividend
N/A

GT Overview

WallStreetZen was created to help average investors perform more in-depth fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on GT's stock page.

Is GT stock undervalued?

Analysts use many financial metrics, analyses, models, and charts to gauge GT's fair value.

Using relative valuations measures:

  • GT could be undervalued based on its P/B ratio of 0.71x, relative to Auto Parts industry P/B ratio of 1.77x

You can access additional valuation analysis on GT's stock here.

GT Financial Health Summary

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the GT balance sheet.

Negative Health Checks:

  • GT profit margin has gone down from 1% to -3.4% in the past year.
  • Total GT debt is higher than 5 years ago, relative to shareholder equity.
  • There are more long-term liabilities than short-term assets on the GT balance sheet.
  • GT earnings of -$145.00M is not enough to cover its interest payments.
  • GT has a relatively high debt to equity ratio of 3.59.
  • GT's operating cash flow of $1.03B allows it to safely service it's debt of $8.65B.

Is it a good time to buy GT stock, according to Wall Street analysts?

Out of 3 Equities analysts who give recommendations on GT, the consensus analyst rating on Goodyear Tire & Rubber Co is a Strong Buy

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the Goodyear Tire & Rubber Co stock forecast page.

GT Technicals

SMA10
12.5
SMA20
12.92
SMA50
12.61
SMA100
13.35
SMA200
13.28
MACD
-0.21
MACD Signal
-0.04
MACD Histogram
-0.17
RSI
32.8
Stochastic %K
5.07
Stochastic %D
6.92
StochRSI %K
1.15
StochRSI %D
1.15

GT Performance Metrics

Last year, GT revenue was $20.07B. In the last 5 year, GT's revenue has increased by 5.33% per year. This was slower than the Auto Parts industry average of 10.74%.

Dig into GT's earnings and revenue performance here.

What are GT insiders up to?

Over the last year, executives and large shareholders at GT have sold more shares than they have bought.

Nathaniel Madarang, President Asia Pacific of GT, was the latest GT insider to sell. They sold $92,101.24 worth of GT shares on Mar 24, 2024.

Research more about who owns GT shares here.

Can I rely on GT as an income stream?

No, Goodyear Tire & Rubber Co doesn't provide an income stream by paying out dividends.

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Step 5: Place your GT purchase

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a specific dollar amount limit, use a limit order.

Click the Open Trade button and eToro will execute the order.

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Step 6: Get updates on your GT position

Now that you own some shares in GT, you'll want to keep up with your stock purchase.

Put GT on a watchlist to track the latest developments regarding your GT stock.

GT Feed

How to Buy Stock in Goodyear Tire & Rubber Co

To reiterate, here are the 6 steps to buy Goodyear Tire & Rubber Co stock:

  1. Choose where to buy Goodyear Tire & Rubber Co stock
  2. Open your brokerage account
  3. Fund your brokerage account
  4. Evaluate Goodyear Tire & Rubber Co stock
  5. Place your GT purchase
  6. Get updates on your GT position

If you require a brokerage, eToro is our favorite option.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest news on your new investment in Goodyear Tire & Rubber Co, add GT to your watchlist by clicking the button below.

NASDAQ: GT
$11.71-0.26 (-2.17%)
Updated Apr 18, 2024
Open eToro Account
NASDAQ: GT
$11.71-0.26 (-2.17%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Goodyear Tire & Rubber Co share?

As of Apr 18, 2024, it costs $11.71 to buy one share of Goodyear Tire & Rubber Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.427 shares of GT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Goodyear Tire & Rubber Co stock?

According to 3 Wall Street analysts who monitor Goodyear Tire & Rubber Co, their consensus recommendation is to buy Goodyear Tire & Rubber Co stock.

What is the best way to buy Goodyear Tire & Rubber Co stock?

One way to place an order for Goodyear Tire & Rubber Co stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.