Goodyear Tire & Rubber Co (GT) Shares Bought by Financial Architects Inc

Goodyear Tire & Rubber Co (GT) Shares Bought by Financial Architects Inc

Replacement tire shipments dropped 2% while original equipment unit volume declined by 8% year over year due to lower US auto production.

In terms of earnings per share, 6 analysts have a 0.85 EPS mean target for the quarter ending Jun-17, for the quarter ending Sep-17, 6 analysts have a 1.03 EPS mean target and for the quarter ending Sep-17 there are 5 estimates of 3.80 EPS. The ROIC 5 year average of Cooper Tire & Rubber Company (NYSE:CTB) is 0.224237. The business's revenue for the quarter was down 7.9% compared to the same quarter a year ago. First quarter 2017 adjusted net income was $189 million (74 cents per share), compared to $195 million (72 cents per share) in 2016. Zacks Investment Research raised shares of Cooper Tire & Rubber Co from a "hold" rating to a "buy" rating and set a $49.00 target price for the company in a report on Tuesday. Sales narrowly passed the Zacks Consensus Estimate of $3.69 billion. The company earned $643.03 million during the quarter, compared to analysts' expectations of $687.92 million.

In Rubber & Plastics Industry, The Goodyear Tire & Rubber Company (GT) have 258.00 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. Moreover, Fort Point Capital Partners Llc has 0.08% invested in the company for 154,100 shares. Goodyear Tire & Rubr Co now has $8.97B valuation. The ex-dividend date is Thursday, April 27th. US Bancorp DE now owns 3,820 shares of the company's stock valued at $145,000 after buying an additional 920 shares in the last quarter.

Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms. This represents a $0.40 annualized dividend and a dividend yield of 1.12%. Northern Trust Corp increased its position in shares of Cooper Tire & Rubber Co by 2.4% in the third quarter. Cooper Tire & Rubber Co's dividend payout ratio (DPR) is presently 9.86%.

Warmer Weather Brings Showers & Thunderstorms
Unfortunately for the warm weather fans the temperatures become much more seasonable by Sunday . Another warm day for Sunday with highs in the mid and upper 80s under partly cloudy skies.

Goodyear had cash and cash equivalents of $1.05 billion as of Mar 31, 2017, down from $1.1 billion as of Mar 31, 2016. The stock has a consensus rating of "Hold" and a consensus price target of $34.94.

In other news, VP Stephen Zamansky sold 14,041 shares of the firm's stock in a transaction that occurred on Tuesday, February 28th.

Sell-side analysts are offering a consensus "Buy" rating on shares of 22nd Century Group, Inc.

On 3/3/2016 Roy V Armes, CEO, sold 50,000 with an average share price of $39.39 per share and the total transaction amounting to $1,969,500.00. So is with The Goodyear Tire & Rubber Company.

Nintendo Switch Is Predicted to Be More Profitable Than Wii Console
This was a start, but it's arguable that things didn't really kick off until the eShop came to fruition on 3DS and Wii U. So, if you are longing to get one Nintendo Switch console, you still have a chance to grab one at any of these outlets.

Goodyear's shares have decreased 1.3% in pre-market trading so far following the release. In general, companies with the lowest combined rank may be the higher quality picks.

He acknowledged that the round of tire price hikes, which Goodyear initiated in February with an 8-percent increase, had a negative effect on volume.

Revenues from the Europe, Middle East and Africa segment were $1.2 billion, down 1% year over year. Sales growth past 5 years was measured at -7.80%.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GT. Retail Bank Of Ny Mellon Corporation has 0.04% invested in Goodyear Tire & Rubber Co (NASDAQ:GT) for 4.61M shares. The Company operates through three segments.

Uber expects flying taxis to take off in 2020
Uber envisages VTOL aircraft can be twice as safe as driving a auto due to autonomy and distributed electric propulsion (DEP). The UberAir app will then be used to book trips, which Uber believes will prove to be more cost-effective and efficient.

02/18/2014 - Cooper Tire & Rubber Company was upgraded to "buy" by analysts at Ned Davis Research. The stock's current RSI reading is at 51.62. Analysts have a mean recommendation of 2.10 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

Related Articles

  • Elon Musk steps out in Australia with Amber Heard

    Elon Musk steps out in Australia with Amber Heard

    Although the two didn't physically meet on set, Musk reportedly emailed director Robert Rodriguez, asking for an introduction. Heard, whose nasty divorce from Johnny Depp was finalized past year , is in Australia filming her upcoming movie "Aquaman".
    Obama Under Fire For $400K Speech To Wall Street 'Fat Cats'

    Obama Under Fire For $400K Speech To Wall Street 'Fat Cats'

    The former president also enjoyed a Broadway play in New York City before having dinner with U2 frontman Bono, it was reported. They were reportedly on holiday with Bruce Springsteen, Tom Hanks and Oprah Winfrey.
    Google tweak aims to curb fake, misleading search results

    Google tweak aims to curb fake, misleading search results

    Google has now chose to bring you in the loop and offer feedback about the content being surfaced algorithmically on the website. Google is tweaking its search algorithms to deliver better search results and limit the spreading of fake news.
  • Marchers use Trump's 100th day to protest climate policies

    Marchers use Trump's 100th day to protest climate policies

    Some of the marches drew big-name attendees, including former Vice President Al Gore and actor Leonardo DiCaprio in the nation's capital and Vermont Sen.
    Too Cute! Mariah Carey Reads Her Kids (and Nick Cannon) Bedtime Stories

    Too Cute! Mariah Carey Reads Her Kids (and Nick Cannon) Bedtime Stories

    Allegedly, Mariah was the one who ended the relationship with Bryan and now wants to only focus on her career and her children. Also on Thursday, TMZ spotted the pair enjoying a night out at a fancy resturant together in Beverly Hills.
    Ivey appoints Stuart to chief justice

    Ivey appoints Stuart to chief justice

    After wishing his wife Kayla a "Happy Birthday" and having supporters sing to her, Moore announced Tuesday he will run for U.S. Moore has also shown an interest in sentencing reform, and been critical of the state's habitual offender act.
  • Pak denies India consular access to Jadhav again

    Pak denies India consular access to Jadhav again

    Pakistan has accused him of being a spy. "Pakistan was also requested to facilitate visas for the mother and father Jadhav". They wish to travel to Pakistan to meet him and also to personally file the petition and the appeal.
    Drug use tops booze for first time in fatal U.S.  crashes

    Drug use tops booze for first time in fatal U.S. crashes

    Furthermore, the records only record drug presence, not drug concentrations that can be compared to blood-alcohol levels. In crashes where the driver died, 57 percent of drivers had their blood tested.
    Israel jumps 10 spots in world press freedom rankings

    Israel jumps 10 spots in world press freedom rankings

    Every year, Reporters Without Borders publishes a comprehensive survey of the freedom of the media and the press around the world. Macedonia ranked 111st in 2017, rising from 118th position a year ago as other countries dropped but barely altering its score.
  • Texas House advances 'sanctuary cities' bill

    While the scope of the bill is yet to be determined, Cervantes said he is fearful of a potentially harmful version of the bill. Supporters said the bill is about enforcing the rule of law and ensuring jails across the state all follow the same rules.
    'Call of Duty: WWII' trailer reveals November  3 release date

    'Call of Duty: WWII' trailer reveals November 3 release date

    VG247 is also reporting that part of COD will let players take on the role of a French woman during the liberation of Paris. Players will also enjoy exciting new ways to interact and socialize with their friends and the Call of Duty community.
    Joshua vs. Klitschko video: Watch the best of Wladimir Klitschko

    Joshua vs. Klitschko video: Watch the best of Wladimir Klitschko

    To me, there is a lot Anthony Joshua still needs to learn. "Not until you're in tune with your fighter will you know". Where can I watch it? People talk about age, but like I said , age can play an advantage, too.