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 $11.97, down 1.72% from the previous day, and has increased 9.72% in one year. It has overperformed other stocks in the Auto Parts industry by 0.21 percentage points. Goodyear Tire & Rubber Co stock is currently +18.28% from its 52-week low of $10.12, and -27.48% from its 52-week high of $16.51.
There are currently 283.95M GT shares outstanding. The market capitalization of GT is $3.40B. In the past 24 hours, 2.1M 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.
- 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.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your payment method and add your information.
- 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).
- 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.
- 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.
Our recommended brokerage: eToro
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Get $10 towards your share purchase by creating an account with eToro today.
Open eToro AccountStep 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.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create a new trading account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
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.
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 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 0.73x, 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
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 10.7%.
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.
Get analysis from other traders
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
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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.
If you need additional info about investing in stocks on eToro, watch the helpful video below:
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:
- Choose where to buy Goodyear Tire & Rubber Co stock
- Open your brokerage account
- Fund your brokerage account
- Evaluate Goodyear Tire & Rubber Co stock
- Place your GT purchase
- Get updates on your GT position
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf 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.
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