Garrett Motion (GTX) Stock Price, News & Analysis

Company Overview

Garrett Motion Inc., together with its subsidiaries, designs, manufactures, and sells turbocharging, air and fluid compression, and high-speed electric motor technologies for original equipment manufacturers and distributors worldwide. The company offers cutting-edge technology for the mobility and industrial space, including light vehicles, commercial vehicles, and industrial applications. In addition, it provides mechanical and electrical products for turbocharging and boosting internal combustion engines, as well as compressing air for fuel cell compressors, and compressing refrigerant for electric cooling compressors. The company offers its products in the aftermarket through distributors. Garrett Motion Inc. was incorporated in 2018 and is based in Rolle, Switzerland.

Key Stats

• Today's Range: $9.28 to $9.56
• 50-Day Range: $7.34 to $9.60
• 52-Week Range: $7.13 to $10.16
• Volume: 518,311 shs
• Average Volume: 929,132 shs
• Market Capitalization: $1.99 billion
• P/E Ratio: 9.16
• Dividend Yield: N/A
• Price Target: $12.00
• Consensus Rating: Buy

Garrett Motion Stock Analysis - MarketRank™

Garrett Motion scored higher than 77% of companies evaluated by MarketBeat, and ranked 25th out of 94 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Garrett Motion has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Garrett Motion has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 14.81%

Earnings Growth

Earnings for Garrett Motion are expected to grow by 14.81% in the coming year, from $1.08 to $1.24 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Garrett Motion is 9.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.63.

Price to Earnings Ratio vs. Sector

The P/E ratio of Garrett Motion is 9.25, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 11.49.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for GTX.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Garrett Motion does not currently pay a dividend.

Dividend Growth

Garrett Motion does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Garrett Motion is 23.53%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Garrett Motion will have a dividend payout ratio of 19.35% next year. This indicates that Garrett Motion will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for GTX.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: 0.51

News Sentiment

Garrett Motion has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Garrett Motion this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for GTX on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Garrett Motion insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $373,500.00 in company stock.

Percentage Held by Insiders

Only 0.60% of the stock of Garrett Motion is held by insiders.

Percentage Held by Institutions

86.27% of the stock of Garrett Motion is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GTX Stock Analysis - Frequently Asked Questions

How have GTX shares performed this year?

Garrett Motion's stock was trading at $9.67 at the start of the year. Since then, GTX stock has decreased by 2.4% and is now trading at $9.44.
View the best growth stocks for 2024 here.

How were Garrett Motion's earnings last quarter?

Garrett Motion Inc. (NYSE:GTX) announced its quarterly earnings data on Thursday, October, 24th. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.30 by $0.06. The business had revenue of $826 million for the quarter, compared to analyst estimates of $854 million. Garrett Motion had a negative trailing twelve-month return on equity of 31.48% and a net margin of 6.54%.

Who are Garrett Motion's major shareholders?

Top institutional investors of Garrett Motion include New South Capital Management Inc. (1.27%), Royce & Associates LP (0.77%), Geode Capital Management LLC (0.75%) and Loomis Sayles & Co. L P (0.66%). Insiders that own company stock include Cyrus Capital Partners, LP, Baupost Group Llc/Ma, Sessa Capital Gp, Llc, Special Credit Pa Centerbridge, Thierry Mabru, Pierre Barthelet and Julia Steyn.
View institutional ownership trends.

How do I buy shares of Garrett Motion?

Shares of GTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Garrett Motion own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Garrett Motion investors own include NVIDIA (NVDA), Meta Platforms (META), Pfizer (PFE), General Electric (GE), AbbVie (ABBV), Broadcom (AVGO) and Honeywell International (HON).

Company Calendar

• Last Earnings: 10/24/2024
• Today: 12/18/2024
• Fiscal Year End: 12/31/2024
• Ex-Dividend for 1/31 Dividend: 1/15/2025
• Dividend Payable: 1/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Auto/Tires/Trucks
• Industry: Motor vehicle parts & accessories
• Sub-Industry: Automobiles And Trucks
• Current Symbol: NYSE:GTX
• CUSIP: N/A
• CIK: 1735707
• Web: www.garrettmotion.com
• Phone: (121) 695-3000
• Fax: N/A
• Employees: 9,700
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $12.00
• High Stock Price Target: $12.00
• Low Stock Price Target: $12.00
• Potential Upside/Downside: +26.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.02
• Trailing P/E Ratio: 9.33
• Forward P/E Ratio: 8.81
• P/E Growth: N/A
• Net Income: $261 million
• Net Margins: 6.54%
• Pretax Margin: 8.72%
• Return on Equity: -31.48%
• Return on Assets: 10.00%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.94
• Quick Ratio: 0.72

Sales & Book Value

• Annual Sales: $3.58 billion
• Price / Sales: 0.57
• Cash Flow: $1.56 per share
• Price / Cash Flow: 6.09
• Book Value: ($3.03) per share
• Price / Book: -3.14

Miscellaneous

• Outstanding Shares: 213,562,000
• Free Float: 212,281,000
• Market Cap: $2.03 billion
• Optionable: Optionable
• Beta: 1.16