Thomas Weidemeyer - Goodyear Tire Independent Director

GT Stock  USD 11.93  0.12  1.00%   

Director

Mr. Thomas H. Weidemeyer serves as Independent Director of The Goodyear Tire Rubber Co., since December 9, 2004. Mr. Weidemeyer served as Senior Vice President and Chief Operating Officer of United Parcel Service, Inc., a transportation and logistics company, from January 2001, and as President and Chief Operating Officer of UPS Airlines from July 1994, until his retirement in February 2004. Mr. Weidemeyer became Manager of the Americas International Operation of UPS in 1989, and in that capacity directed the development of the UPS delivery network throughout Central and South America. In 1990, he became Vice President and Airline Manager of UPS Airlines and in 1994 was elected its President and Chief Operating Officer. Mr. Weidemeyer was a director of United Parcel Service from 1998 to 2003. since 2004.
Age 70
Tenure 20 years
Address 200 Innovation Way, Akron, OH, United States, 44316-0001
Phone330 796 2121
Webhttps://www.goodyear.com

Goodyear Tire Management Efficiency

The company has Return on Asset (ROA) of 0.0152 % which means that for every $100 of assets, it generated a profit of $0.0152. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.1334) %, which implies that it produced no returns to current stockholders. Goodyear Tire's management efficiency ratios could be used to measure how well Goodyear Tire manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.03 in 2024. Return On Capital Employed is likely to drop to 0.04 in 2024. Total Current Liabilities is likely to drop to about 4.5 B in 2024. Liabilities And Stockholders Equity is likely to drop to about 15.3 B in 2024
The company reports 8.65 B of total liabilities with total debt to equity ratio (D/E) of 1.77, which is normal for its line of buisiness. Goodyear Tire Rubber has a current ratio of 1.26, indicating that it is not liquid enough and may have problems paying out its debt commitments in time. Debt can assist Goodyear Tire until it has trouble settling it off, either with new capital or with free cash flow. So, Goodyear Tire's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Goodyear Tire Rubber sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Goodyear to invest in growth at high rates of return. When we think about Goodyear Tire's use of debt, we should always consider it together with cash and equity.

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The Goodyear Tire Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. The Goodyear Tire Rubber Company was incorporated in 1898 and is headquartered in Akron, Ohio. Goodyear Tire operates under Auto Parts classification in the United States and is traded on NASDAQ Exchange. It employs 72000 people. Goodyear Tire Rubber (GT) is traded on NASDAQ Exchange in USA. It is located in 200 Innovation Way, Akron, OH, United States, 44316-0001 and employs 71,000 people. Goodyear Tire is listed under Automobile Components category by Fama And French industry classification.

Management Performance

Goodyear Tire Rubber Leadership Team

Elected by the shareholders, the Goodyear Tire's board of directors comprises two types of representatives: Goodyear Tire inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Goodyear. The board's role is to monitor Goodyear Tire's management team and ensure that shareholders' interests are well served. Goodyear Tire's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Goodyear Tire's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Noechel, Principal Accounting Officer, VP and Controller
Laurette Koellner, Director
Daniel Smytka, President - Asia Pacific Tire
Thomas Williams, Director
Richard Kramer, Chairman, CEO and Pres
Laura Thompson, CFO and Executive VP
John Lucas, Chief Human Resource Officer, Senior Vice President
JeanClaude Kihn, President - Europe, Middle East and Africa
Paul Fitzhenry, Senior Vice President - Global Communications
Stephanie Streeter, Independent Director
Christina Zamarro, Executive CFO
Warren McCollough, Lead Independent Director
John McGlade, Independent Director
Richard Kellam, Senior Vice president - Global Sales & Marketing
Peter Hellman, Independent Director
Laura Duda, Senior Vice President - Global Communications and Chief Communications Officer
Werner Geissler, Independent Director
Thomas Weidemeyer, Independent Director
Peter Rapin, Vice President Treasurer
Gregory Smith, Sr. VP of Global Operations
Michael Morell, Independent Director
Ryan Patterson, President Asia Pacific
Jaime Szulc, President - Latin American Tire
Mark Stewart, CEO President
Nathaniel Madarang, President Pacific
Joseph Zekoski, Senior Vice President CTO
Marcelo Toscani, President - Latin America Operations
Jon Bellissimo, Senior Vice President - Global Operations & Technology
William Conaty, Independent Director
David Esq, Senior Counsel
Michael Wessel, Director
Christopher Delaney, President - Asia Pacific business unit
Christopher Helsel, CTO, Vice President
David Bialosky, Chief Legal Officer, Sr. VP, General Counsel and Secretary
Gary VanderLind, Senior Vice President
Mike Dwyer, Chief Officer
Alan McCollough, Lead Independent Director
Scott King, Senior Vice President - Strategy and Business Development
James Firestone, Independent Director
Christopher BA, Middle Europe
Roderick Palmore, Independent Director
David Phillips, Senior Vice President General Counsel
Daniel Young, Secretary Counsel
Evan Scocos, Vice President Controller
Darren Wells, President of Europe, Middle East and Africa Bus. Unit
Maureen Thune, Chief Officer
Stephen McClellan, President - North American Tire
Greg Shank, Senior Relations
Christian Gadzinski, Director Relations

Goodyear Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Goodyear Tire a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Goodyear Tire Investors Sentiment

The influence of Goodyear Tire's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Goodyear. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Goodyear Tire's public news can be used to forecast risks associated with an investment in Goodyear. The trend in average sentiment can be used to explain how an investor holding Goodyear can time the market purely based on public headlines and social activities around Goodyear Tire Rubber. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Goodyear Tire's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Goodyear Tire's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Goodyear Tire's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Goodyear Tire.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Goodyear Tire in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Goodyear Tire's short interest history, or implied volatility extrapolated from Goodyear Tire options trading.

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When determining whether Goodyear Tire Rubber is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Goodyear Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Goodyear Tire Rubber Stock. Highlighted below are key reports to facilitate an investment decision about Goodyear Tire Rubber Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goodyear Tire Rubber. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
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When running Goodyear Tire's price analysis, check to measure Goodyear Tire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goodyear Tire is operating at the current time. Most of Goodyear Tire's value examination focuses on studying past and present price action to predict the probability of Goodyear Tire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodyear Tire's price. Additionally, you may evaluate how the addition of Goodyear Tire to your portfolios can decrease your overall portfolio volatility.
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Is Goodyear Tire's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Goodyear Tire. If investors know Goodyear will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Goodyear Tire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.66)
Earnings Share
(2.42)
Revenue Per Share
70.407
Quarterly Revenue Growth
(0.05)
Return On Assets
0.0152
The market value of Goodyear Tire Rubber is measured differently than its book value, which is the value of Goodyear that is recorded on the company's balance sheet. Investors also form their own opinion of Goodyear Tire's value that differs from its market value or its book value, called intrinsic value, which is Goodyear Tire's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Goodyear Tire's market value can be influenced by many factors that don't directly affect Goodyear Tire's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Goodyear Tire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Goodyear Tire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goodyear Tire's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.