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What Makes Michelin (MGDDY) a Strong Momentum Stock: Buy Now?
ZACKS· 2026-02-19 18:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Goodyear (GT) Q4 Earnings and Revenues Lag Estimates
ZACKS· 2026-02-10 00:00
分组1 - Goodyear reported quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.45 per share, representing an earnings surprise of -13.76% [1] - The company posted revenues of $4.92 billion for the quarter, which was below the Zacks Consensus Estimate by 0.23%, and a slight decrease from $4.95 billion year-over-year [2] - Goodyear has surpassed consensus EPS estimates two times over the last four quarters and has topped consensus revenue estimates just once [2] 分组2 - The stock has increased approximately 20.3% since the beginning of the year, outperforming the S&P 500's gain of 1.3% [3] - The current consensus EPS estimate for the upcoming quarter is $0.12 on revenues of $4.41 billion, and for the current fiscal year, it is $1.14 on revenues of $18.73 billion [7] - The Rubber - Tires industry, to which Goodyear belongs, is currently ranked in the top 39% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]
Is BRP (DOO) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?
ZACKS· 2026-01-22 15:41
Company Performance - BRP Inc. has gained approximately 12.3% year-to-date, outperforming the average gain of 11% in the Auto-Tires-Trucks sector [4] - The Zacks Consensus Estimate for BRP Inc.'s full-year earnings has increased by 9.7% over the past quarter, indicating improved analyst sentiment and a more positive earnings outlook [3] Industry Context - BRP Inc. is part of the Automotive - Original Equipment industry, which consists of 54 companies and currently ranks 93 in the Zacks Industry Rank. This industry has experienced an average loss of 0.6% year-to-date, highlighting BRP Inc.'s superior performance within this segment [5] - The Auto-Tires-Trucks sector, which includes 103 individual stocks, is ranked 9 in the Zacks Sector Rank, reflecting the overall strength of this sector [2] Comparative Analysis - Another stock in the Auto-Tires-Trucks sector, Michelin, has returned 11.2% year-to-date and has a Zacks Rank of 2 (Buy), with a consensus EPS estimate increase of 2.5% over the past three months [4][5] - The Rubber - Tires industry, to which Michelin belongs, is currently ranked 4 and has moved up by 4.1% year-to-date, indicating a positive trend in that specific industry [6]
Goodyear (GT) Reports Q2 Loss, Lags Revenue Estimates
ZACKS· 2025-08-07 23:26
Financial Performance - Goodyear reported a quarterly loss of $0.17 per share, missing the Zacks Consensus Estimate of $0.37, and compared to earnings of $0.19 per share a year ago, representing an earnings surprise of -145.95% [1] - The company posted revenues of $4.47 billion for the quarter ended June 2025, missing the Zacks Consensus Estimate by 0.83%, and down from $4.57 billion year-over-year [2] - Over the last four quarters, Goodyear has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Stock Performance and Outlook - Goodyear shares have increased approximately 10.4% since the beginning of the year, outperforming the S&P 500's gain of 7.9% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $0.50 on revenues of $4.82 billion, and for the current fiscal year, it is $1.31 on revenues of $18.57 billion [7] Industry Context - The Rubber - Tires industry, to which Goodyear belongs, is currently ranked in the bottom 6% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Goodyear's stock performance [5] - The unfavorable trend in estimate revisions prior to the earnings release has resulted in a Zacks Rank 5 (Strong Sell) for Goodyear, suggesting expected underperformance in the near future [6]
Are Auto-Tires-Trucks Stocks Lagging Aisin Seiki (ASEKY) This Year?
ZACKS· 2025-06-20 14:41
Group 1: Company Performance - Aisin Seiki Co. Ltd. Unsponsored ADR (ASEKY) has gained approximately 24.3% year-to-date, outperforming the average loss of 14.7% in the Auto-Tires-Trucks sector [4] - The Zacks Consensus Estimate for ASEKY's full-year earnings has increased by 30.4% over the past quarter, indicating improved analyst sentiment and a more positive earnings outlook [4] - ASEKY currently holds a Zacks Rank of 1 (Strong Buy), suggesting strong potential for future performance [3] Group 2: Industry Context - Aisin Seiki Co. Ltd. is part of the Automotive - Original Equipment industry, which ranks 97 in the Zacks Industry Rank, with stocks in this group having lost about 0.4% year-to-date [6] - In contrast, Michelin (MGDDY), another stock in the Auto-Tires-Trucks sector, has increased by 11.4% year-to-date and belongs to the Rubber - Tires industry, which ranks 4 and has gained 16.8% since the beginning of the year [5][7]
Goodyear (GT) Reports Q1 Loss, Lags Revenue Estimates
ZACKS· 2025-05-07 23:45
Core Insights - Goodyear reported a quarterly loss of $0.04 per share, better than the Zacks Consensus Estimate of a loss of $0.06, compared to earnings of $0.10 per share a year ago, indicating an earnings surprise of 33.33% [1] - The company posted revenues of $4.25 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 2.37%, and down from $4.54 billion year-over-year [2] - Goodyear shares have increased by approximately 21.8% since the beginning of the year, contrasting with a decline of 4.7% in the S&P 500 [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.48 on revenues of $4.5 billion, and for the current fiscal year, it is $1.45 on revenues of $18.48 billion [7] - The estimate revisions trend for Goodyear is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Rubber - Tires industry, to which Goodyear belongs, is currently in the top 9% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]
Are Auto-Tires-Trucks Stocks Lagging Aeva Technologies (AEVA) This Year?
ZACKS· 2025-04-14 14:46
Group 1 - Aeva Technologies, Inc. (AEVA) has shown strong year-to-date performance, with a return of approximately 54.3%, significantly outperforming the average return of -27.5% for the Auto-Tires-Trucks sector [4] - The Zacks Rank for Aeva Technologies is currently 2 (Buy), indicating positive analyst sentiment and an improving earnings outlook [3][4] - Aeva belongs to the Automotive - Original Equipment industry, which has seen a decline of about 13.6% this year, further highlighting AEVA's superior performance within its industry [6] Group 2 - Michelin (MGDDY) is another stock in the Auto-Tires-Trucks sector that has outperformed, with a year-to-date increase of 3.1% and a Zacks Rank of 1 (Strong Buy) [5][7] - The consensus EPS estimate for Michelin has increased by 10.9% over the past three months, reflecting positive analyst sentiment [5] - The Rubber - Tires industry, to which Michelin belongs, has performed well with a year-to-date increase of 7.4% [6]