Garrett Motion Inc

Garrett Motion Inc Stock Forecast & Price Prediction

Live Garrett Motion Inc Stock (GTX) Price
$7.75

3

Ratings

  • Buy 0
  • Hold 1
  • Sell 2
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$7.75

P/E Ratio

3.97

Volume Traded Today

$761,075

Dividend

Dividends not available for GTX

52 Week High/low

10.16/6.43

Garrett Motion Inc Market Cap

$1.84B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $GTX ๐Ÿ›‘

Before you buy GTX you'll want to see this list of ten stocks that have huge potential. Want to see if GTX made the cut? Enter your email below

GTX Summary

Based on ratings from 3 stock analysts, the Garrett Motion Inc stock price is expected to increase by 61.29% in 12 months. This is calculated by using the average 12-month stock price forecast for Garrett Motion Inc. The lowest target is $12 and the highest is $13. Please note analyst price targets are not guaranteed and could be missed completely.

GTX Analyst Ratings

GTX is a stock in Consumer Discretionary which has been forecasted to be worth $12.5 as an average. On the higher end, the forecast price is $13 USD by from and on the lower end GTX is forecasted to be $12 by from Barclays.

GTX stock forecast by analyst

These are the latest 20 analyst ratings of GTX.

Analyst/Firm

Rating

Price Target

Change

Date

Hamed Khorsand
BWS Financial

Buy

$12

Maintains

Jul 25, 2024
Hamed Khorsand
BWS Financial

Buy

$15

Maintains

Jun 3, 2024
Hamed Khorsand
BWS Financial

Buy

$15

Maintains

Apr 8, 2024
Hamed Khorsand
BWS Financial

Buy

$15

Maintains

Feb 15, 2023
Hamed Khorsand
BWS Financial

Buy

$15

Initiates

Jun 3, 2021

Barclays

Equal-Weight

$7

Maintains

Jul 24, 2020
Armintas Sinkevicius
Morgan Stanley

Underweight

$2

Maintains

Mar 30, 2020
Meta Marshall
Morgan Stanley

Underweight

$3

Maintains

Mar 16, 2020

Barclays

Equal-Weight

$12

Maintains

Oct 2, 2019

B of A Securities

Neutral


Upgrade

Sep 13, 2019

UBS

Sell

$9

Maintains

Sep 12, 2019

Morgan Stanley

Underweight


Initiates

Sep 10, 2019

RBC Capital

Sector Perform

$15

Upgrade

Jan 23, 2019

GTX Company Information

  • Company Name: Garrett Motion Inc.
  • Incorporation Year: 2018
  • Headquarters: Rolle, Switzerland
  • Business Model: Designs, manufactures, and sells turbocharging, air and fluid compression, and high-speed electric motor technologies.
  • Target Customers: Original equipment manufacturers (OEMs) and distributors worldwide.
  • Product Offerings:
    • Turbocharging technologies for internal combustion engines.
    • Air and fluid compression technologies.
    • High-speed electric motor technologies.
    • Mechanical and electrical products for various applications.
  • Industry Focus: Mobility and industrial sectors, including light and commercial vehicles.
  • Aftermarket Presence: Products available through distributors for aftermarket sales.
GTX
Garrett Motion Inc (GTX)

When did it IPO

N/A

Staff Count

7,600

Country

Switzerland

Sector/Industry

Consumer Cyclical/Auto Parts

CEO

Mr. Olivier Rabiller

Market Cap

$1.84B

Garrett Motion Inc (GTX) Financial Data

In 2023, GTX generated $3.89B in revenue, which was a increase of 7.85% from the previous year. This can be seen as a signal that GTX's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$3.03B

Revenue From 2021

$3.63B

19.74 %
From Previous Year

Revenue From 2022

$3.60B

-0.83 %
From Previous Year

Revenue From 2023

$3.89B

7.85 %
From Previous Year
  • Revenue TTM $3.71B
  • Operating Margin TTM 14.0%
  • Gross profit TTM $756.0M
  • Return on assets TTM 11.6%
  • Return on equity TTM 6.9%
  • Profit Margin 6.4%
  • Book Value Per Share -3.29%
  • Market capitalisation $1.84B
  • Revenue for 2021 $3.63B
  • Revenue for 2022 $3.60B
  • Revenue for 2023 $3.89B
  • EPS this year (TTM) $2.11

Garrett Motion Inc (GTX) Latest News

News Image

Sat, 03 Aug 2024

Sentiment - POSITIVE

Source - InvestorPlace

Summary - Investors can gain an advantage by focusing on undervalued stocks with high growth potential, identified through fundamental analysis of market-overlooked companies.

Why It Matters - Undervalued stocks indicate potential for significant returns. Identifying them through fundamental analysis allows investors to capitalize on overlooked growth opportunities.

News Image

Fri, 02 Aug 2024

Sentiment - POSITIVE

Source - InvestorPlace

Summary - Investors should focus on the fundamentals of low-cost growth stocks, monitoring key metrics and operational strengths to evaluate long-term viability and growth potential.

Why It Matters - Understanding a company's fundamentals and core metrics helps investors evaluate its long-term growth potential and make informed decisions on low-cost growth stock investments.

News Image

Thu, 25 Jul 2024

Sentiment - NEUTRAL

Source - The Motley Fool

Summary - Garrett reported mixed quarterly results and reduced full-year revenue guidance, indicating challenges for investors in the current automotive market.

Why It Matters - Mixed results and lowered revenue guidance signal potential volatility ahead, prompting investors to reassess risk and long-term strategies in a challenging automotive market.

News Image

Thu, 25 Jul 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Garrett Motion Inc. (NASDAQ:GTX) will hold its Q2 2024 earnings conference call on July 25, 2024, at 8:30 AM ET with key executives participating.

Why It Matters - Garrett Motion's Q2 2024 earnings call provides insights into the company's performance, strategies, and future outlook, influencing investor sentiment and potential stock movement.

News Image

Thu, 25 Jul 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Garrett Motion Inc. reported Q2 2024 net sales of $890M (-12% YoY), net income of $64M, and adjusted EBITDA of $150M. Full-year outlook: sales of $3.57B and net income of $275M.

Why It Matters - Garrett Motion's declining sales and net income raise concerns about growth. However, strong cash flow and stock repurchases indicate management's confidence, impacting investment decisions.

News Image

Thu, 25 Jul 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Garrett Motion (GTX) reported quarterly earnings of $0.28 per share, surpassing estimates of $0.24, a significant improvement from a loss of $1.88 per share a year prior.

Why It Matters - Garrett Motion's earnings beat estimates and show a significant recovery from last year's loss, indicating improved financial health and potential for future growth, attracting investor interest.

...

GTX Frequently asked questions

The highest forecasted price for GTX is $13 from at .

The lowest forecasted price for GTX is $12 from from Barclays

The GTX analyst ratings consensus are 0 buy ratings, 1 hold ratings, and 2 sell ratings.