-EPS Decline (Y-o-Y): -40.2% -Analysts Estimate: $0.67 -Revenue (Q3): $3.92 Bln vs. $3.85 Bln previous year. Wedge Capital Management L L P NC now owns 2,627,326 shares of the company's stock worth $67,417,000 after buying an additional 856,168 shares during the last quarter. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.74%. Also, it has an estimated price-earnings (P/E) multiple of 7.94 and a trailing 12-month price-earnings (P/E) multiple of 7.39. That was better than predictable, and experts predict the recovery effort after those storms will likely boost the economy in the fourth quarter.
Analysts expect Goodyear Tire & Rubber Co (NASDAQ:GT) to report $0.66 EPS on October, 27.They anticipate $0.51 EPS change or 43.59 % from last quarter's $1.17 EPS.
The Goodyear Tire & Rubber Co. has a 52 week low of $24.31 and a 52 week high of $35.30. (NASDAQ:SBRA) has a market cap of $3.57 billion and over the last 12 months, SBRA has declined by -15.33%.
GT has been the subject of a number of recent analyst reports.
The High Revenue estimate is predicted as 3.98 Million, while the Low Revenue Estimate prediction stands at 3.83 Million.
The first nine month figures had similar results in income-net income dropping to $442 million from $703 million and operating income at $1.1 billion down from $1.5 billion in 2016. Relative volume is the comparison of current volume to average volume for the same time of day, and it's displayed as a ratio.
Trading volume is a hugely important consideration for any investor. If RVOL is above 2 it is In Play and this is more evidence Investors ought to be in the name. The stock is down on the following periods of measurement of performance. Conversely, if more individuals are selling a stock, the price will decrease. Currently, the stock has a 1 Year Price Target of $37.88. Most company stocks have very little volatility. It follows that bad news will negatively affect price.
Traders seeking a better understanding of the stock can look at the underlying technical data. The target price is an amalgamation of differing takes on what the stock will do over time. This is a problem for day traders and it could mean the difference between a profitable and non-profitable trade. The company has experienced volume of 1,022,682 shares while on average the company has a capacity of trading 1.02M share.
Shares of Occidental Petroleum Corporation (NYSE:OXY) traded down -1.12% in the last session while performance was up 64.62% in the last five days. The stock is up on the following periods of measurement of performance. A high degree of volume indicates a lot of interest in a stock. Cornerstone Lc invested in 308,810 shares or 0.08% of the stock. Now the stock price is moving -45.51% off from the highest level of twelve months and 25.88% above from twelve months low. More volatility means greater profit or loss. This will give analytical advantage to a shorter-term trader since it pursues the price more intimately, and consequently produces less "lag" as comparison to the longer-term moving average. The company rocked its 52-Week High of $37.2 and touched its 52-Week Low of $26.82.
For the Current Quarter, the growth estimate for The Goodyear Tire & Rubber Company is -42.7%, while for the Next Quarter the stock growth estimate is -1.1%. However, the drop from earnings per share of $1.17 in the third quarter of 2016 wasn't well received by holders of GT stock. Highvista Strategies Ltd stated it has 0.11% in Goodyear Tire & Rubber Co (NASDAQ:GT).
The Stock had a 1.38 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.38 and 1.13 respectively. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell.