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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why Investors Should Pay Attention to This Value Stock
Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.
Goodyear (GT)
The Goodyear Tire & Rubber Company is one of the largest tire manufacturing companies in the world. In addition to selling tires, Goodyear also provides other rubber-related chemicals for various applications. As of Dec 31, 2024, it employed approximately 68,000 people. Goodyear manufactures products in 53 facilities across 20 countries.
GT is a Zacks Rank #3 (Hold) stock, with a Value Style Score of A and VGM Score of A. Shares are currently trading at a forward P/E of 5.9X for the current fiscal year compared to the Rubber - Tires industry's P/E of 6.9X. Additionally, GT has a PEG Ratio of 0.2 and a Price/Cash Flow ratio of 1.7X. Value investors should also note GT's Price/Sales ratio of 0.1X.
Many value investors pay close attention to a company's earnings as well. For GT, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.00 to $1.50 per share for 2025. Per share GT boasts an average earnings surprise of 53%.
GT should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.
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The Goodyear Tire & Rubber Company (GT) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).