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Goodyear Tire & Rubber Co stock has reached a 52-week low, hitting a price of 7.4 USD. This marks a significant downturn for the company, reflecting a challenging year in the market. Over the past 12 months, Goodyear’s stock has experienced a decline of 11.03%, highlighting a difficult period for the tire manufacturing giant. The 52-week low underscores the pressures facing the company, as it navigates a volatile economic environment and industry-specific challenges, including weak gross profit margins of 18% and significant debt burden. InvestingPro subscribers can access 12 additional key insights about Goodyear’s financial health and future prospects through the comprehensive Pro Research Report.
In other recent news, Goodyear Tire & Rubber Company reported disappointing second-quarter results for 2025, with an adjusted loss per share of $0.17, missing the anticipated $0.02 profit. The company’s revenue, however, met forecasts at $4.47 billion. Following these results, CFRA maintained a Strong Buy rating on Goodyear but lowered its price target to $13, citing the impact of low-cost tire imports as a challenge in the company’s recovery. Meanwhile, HSBC downgraded Goodyear from Buy to Hold, expressing concerns over the company’s pricing power and ability to sustain margin improvements.
In organizational changes, Goodyear announced the formation of a new Global Racing organization, appointing Xavier Fraipont as vice president to oversee motorsport operations. Additionally, Jan-Piet van Kesteren was named Managing Director EMEA & Chief Sales Officer EMEA Consumer, effective September 1, to lead the consumer business across Europe, the Middle East, and Africa. These developments reflect Goodyear’s efforts to streamline operations and strengthen leadership in key regions.
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