Investors fear that Goodyear Tire & Rubber Company may not significantly boost its revenues, explaining its lower P/S ratio. For a rise, there would need to be a positive shift in the company's revenue fortune.
Analyst Emmanuel Rosner believes Goodyear is set to start a new chapter with a credible operational turnaround plan, strategic portfolio optimization, and upcoming new leadership. These changes are expected to help close the profit-gap with its competitors.
Paul Singer's Elliott Investment Management initiated an overhaul review of Goodyear, proposing stock price could go back to its 2000 level. CEO Kramer asserts Goodyear's positioning needs change amidst rising costs and competition, especially from global EV entrants and low-cost tires from Asia.
Despite a year-on-year gain of 4.2%, Goodyear's performance fell short of the market average. However, shareholders are slightly hopeful as the business seems to be stabilizing, although long-term share price still paints a dreary picture.
News Highlights $特斯拉(TSLA.US)$shares fell by 1.47%, closing at $262.59. Its options trading volume is 2.21 million. Call contracts account for 59.4% of the whole trading volume. The most traded calls are contracts of $270 strike price that expire on September 22nd. The total volume reaches 91,775 with an open interest of 9,484. The most traded puts are contracts of a $265 strike price tha...
Body text: 2Q Earnings Expectations The US auto suppliers are expected to deliver robust earnings in 2Q, with most companies meeting or exceeding consensus estimates. The latest IHS estimate indicates a YoY increase of +5% to 86.7 million units for the full year, while production volatility is expected to improve quarter over quarter. However, despite the improving volume environment, inflation from labor and energy continues to of...
CNBC combed through call transcripts, earnings statements and CNBC interviews to find comments from marquee companies attesting to buoyant consumer spending in recent weeks. Look at these: $万事达(MA.US)$ – "Consumer spending has remained resilient…From an overall consumer spending standpoint, we expect the consumer to be relatively resilient. Spending patterns have largely normalized relative to the effects of the pandemic with the notable exception of China." $拉夫劳伦(RL.US)$ – "Ou...
$固特异轮胎橡胶(GT.US)$This stock should be trading at hundred dollars 💸 💵 or more a share by now I remember having good year tires on my first car 🚙 🚘 🚗 in the year 1997.
固特异轮胎橡胶股票讨论区
$特斯拉(TSLA.US)$ shares fell by 1.47%, closing at $262.59. Its options trading volume is 2.21 million. Call contracts account for 59.4% of the whole trading volume. The most traded calls are contracts of $270 strike price that expire on September 22nd. The total volume reaches 91,775 with an open interest of 9,484. The most traded puts are contracts of a $265 strike price tha...
2Q Earnings Expectations
The US auto suppliers are expected to deliver robust earnings in 2Q, with most companies meeting or exceeding consensus estimates. The latest IHS estimate indicates a YoY increase of +5% to 86.7 million units for the full year, while production volatility is expected to improve quarter over quarter. However, despite the improving volume environment, inflation from labor and energy continues to of...
$万事达(MA.US)$
– "Consumer spending has remained resilient…From an overall consumer spending standpoint, we expect the consumer to be relatively resilient. Spending patterns have largely normalized relative to the effects of the pandemic with the notable exception of China."
$拉夫劳伦(RL.US)$
– "Ou...
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