One of the largest tire companies in the world is diving deeper into integration with electric vehicles. Here’s a look at the plans from The Goodyear Tire & Rubber Company (NASDAQ: GT) in the EV space.
Understanding Value Stocks
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
Companies Reporting Before The Bell
• Reservoir Media (NASDAQ:RSVR) is projected to report quarterly loss at $0.05 per share on revenue of $18.19 million.
Bitcoin (CRYPTO: BTC), the world’s most valued cryptocurrency, managed to trade above $23,000 on Friday, despite falling to about $22,000 in the previous session.
Goodyear Tire & Rubber (NASDAQ:GT) is set to give its latest quarterly earnings report on Friday, 2022-08-05. Here's what investors need to know before the announcement.
Analysts estimate that Goodyear Tire & Rubber will report an earnings per share (EPS) of $0.34.
The Meaning Behind Value Stocks
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.