Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day down 0.2%. By the end of trading, Goodyear Tire & Rubber rose $0.37 (1.7%) to $22.12 on light volume. Throughout the day, 2,944,980 shares of Goodyear Tire & Rubber exchanged hands as compared to its average daily volume of 4,519,800 shares. The stock ranged in a price between $21.65-$22.32 after having opened the day at $21.77 as compared to the previous trading day's close of $21.75. Other companies within the Consumer Goods sector that increased today were:
), up 7.3%,
), up 7.1%,
), up 6.7% and
), up 6.5%.
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The Goodyear Tire & Rubber Company develops, manufactures, distributes, and sells tires and related products and services worldwide. Goodyear Tire & Rubber has a market cap of $5.4 billion and is part of the consumer non-durables industry. The company has a P/E ratio of 15.1, below the S&P 500 P/E ratio of 17.7. Shares are up 57.1% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Goodyear Tire & Rubber a buy, 2 analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Goodyear Tire & Rubber
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, notable return on equity, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full Goodyear Tire & Rubber Ratings Report.
On the negative front,
), down 12.3%,
), down 11.3%,
), down 10.7% and
), down 9.1% , were all laggards within the consumer goods sector with
) being today's consumer goods sector laggard.
- Use our consumer goods section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider
) while those bearish on the consumer goods sector could consider
- Find other investment ideas from our top rated ETFs lists.