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Is this Large Market Cap Stock target price reasonable for The Goodyear Tire & Rubber Company (NASDAQ:GT)?

The company in question is, The Goodyear Tire & Rubber Company (NASDAQ:GT) currently with a stock price of 31.34 (-1.01% today). The market cap for The Goodyear Tire & Rubber Company is 8316.77, and is in the sector Consumer Goods, and Rubber & Plastics industry. The target price for The Goodyear Tire & Rubber Company is 35.83. Currently The Goodyear Tire & Rubber Company is trading with a P/E of 31.38, and a forward P/E of 7.25. Average volume for The Goodyear Tire & Rubber Company is 3212.89 and so far today it is 1034886.

Performance in the last year for The Goodyear Tire & Rubber Company has been -0.14%. For EPS growth, The Goodyear Tire & Rubber Company has seen a growth of -87.20%, and is looking to grow in the next year to 6.98%. More long term stats show that EPS growth has been 26.70% over the last five years and could be 6.49% for the next five years. The Goodyear Tire & Rubber Company has seen sales growth quarter over quarter at -7.00%, with EPS growth quarter over quarter at 7.60%. The 20-day simple moving average is 2.31%, with the 200-day simple moving average coming to 6.68%.

Since the IPO date for The Goodyear Tire & Rubber Company on the 01/02/1970, The Goodyear Tire & Rubber Company has seen performance year to date to be -2.39%. With The Goodyear Tire & Rubber Company trading at 31.34, the dividend yield is 1.26%, and the EPS is 1.01.

So could The Goodyear Tire & Rubber Company, be undervalued? Well as said before P/E is 31.38. The PEG is 4.83, P/S is 0.53 and the P/B is at 2. The P/cash is 7.31, with P/free cash flow at 38.15.

The Goodyear Tire & Rubber Company ability to deal with debt shows that the current ratio is 1.4, and the quick ratio is 0.8. This is with long term debt/equity at 1.37, and total debt/equity at 1.49.

In terms of margins, The Goodyear Tire & Rubber Company has a gross margin of 26.80%, an operating margin of 5.30% and a profit margin of 1.80%.Payout ratio for The Goodyear Tire & Rubber Company is 25.70%. Return on assets come to 1.60% with return on investment coming to 8.00%.

Insider ownership for The Goodyear Tire & Rubber Company, is at 0.27% and institutional ownership comes to 96.30%. Outstanding shares are at 262.69. While shares float is 262.26. The float short is currently 7.92%, and short ratio is 6.47.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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