Tomorrow the American Goodyear Tire & Rubber will publish its past quarters figures. For this year Goodyear Tire & Rubber's revenue will be around 11,99 billion USD. This is according to the average of the analysts' estimates. This is hugely lower than 2019's revenue of 14,75 billion USD.
Goodyear Duisburg Goodyear |
The analysts expect for 2020 a net loss of 621 million USD. According to most of the analysts the company will have a loss per share for this book year of 2,22 USD. With this the price/earnings-ratio is -4,32.
Despite the expected loss the company will probably pay a dividend. Analysts expect a dividend of 0,13 cents per share. Thus the dividend yield equals 1,36 percent. The average dividend yield of the automobile producers equals a moderate 1,07 percent.
Based on the current number of outstanding shares Goodyear Tire & Rubber's market capitalization is 2,22 billion USD. The Goodyear Tire & Rubber stock was the past 12 months quite unstable. Since last July the stock is 36 percent lower. This year the stock price moved between 4 and 17 dollar.
Click here for dividend Goodyear Tire & Rubber. On Monday, the stock closed at 9,58 USD.
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