Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Garrett Motion Inc Market Cap
Based on ratings from 2 stock analysts, the Garrett Motion Inc stock price is expected to increase by 41.51% 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 $12. Please note analyst price targets are not guaranteed and could be missed completely.
GTX is a stock in Consumer Cyclical which has been forecasted to be worth $12 as an average. On the higher end, the forecast price is $12 USD by from Barclays and on the lower end GTX is forecasted to be $12 by from Barclays.
These are the latest 20 analyst ratings of GTX.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Hamed Khorsand BWS Financial | Buy | $12 | Maintains | Oct 25, 2024 |
| Hamed Khorsand BWS Financial | Buy | $12 | Maintains | Sep 19, 2024 |
| 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 |
When did it IPO
2018
Staff Count
7,600
Country
Switzerland
Sector/Industry
Consumer Cyclical/Auto Parts
CEO
Mr. Olivier Rabiller
Market Cap
$1.81B
In 2023, GTX generated $3.89B in revenue, which was a increase of 0.00% 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
Revenue From 2021
Revenue From 2022
Revenue From 2023
Thu, 24 Oct 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Garrett Motion Inc. (NASDAQ: GTX) will hold its Q3 2024 earnings conference call on October 24, 2024, at 8:30 AM ET, featuring key executives and financial analysts.
Why It Matters - Garrett Motion's Q3 earnings call could reveal insights into financial performance, strategic direction, and market outlook, influencing stock valuation and investor confidence.
Thu, 24 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Garrett Motion Inc. reported Q3 2024 net sales of $826M, down 14%. Net income was $52M with a 6.3% margin. Adjusted EBITDA reached $144M. The company won new contracts and received an innovation award.
Why It Matters - Garrett Motion's Q3 results show declining sales and net income, but strategic partnerships and innovation awards signal potential growth areas, impacting future profitability and market positioning.
Thu, 24 Oct 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Garrett Motion (GTX) reported Q3 earnings of $0.24 per share, below the Zacks Consensus Estimate of $0.30, and slightly up from $0.23 per share year-over-year.
Why It Matters - Garrett Motion's earnings miss indicates potential operational challenges, which could lead to downward adjustments in future earnings forecasts and affect stock performance.
Thu, 24 Oct 2024
Sentiment - NEGATIVE
Source - Benzinga
Summary - U.S. stock futures show mixed results, with Nasdaq futures up approximately 150 points this morning.
Why It Matters - Mixed U.S. stock futures indicate volatility in the market, while Nasdaq’s gain suggests tech sector strength, influencing investment strategies and market sentiment.
Thu, 17 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Garrett Motion Inc. (NYSE: GTX) announced a partnership with China National Heavy Duty Truck Group Co., Ltd. on October 17, 2024.
Why It Matters - The collaboration between Garrett Motion Inc. and China National Heavy Duty Truck Group could enhance market reach and innovation, potentially boosting revenue and stock performance for Garrett.
Thu, 17 Oct 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Garrett Motion (GTX) is not expected to meet key criteria for a potential earnings beat in its upcoming report, suggesting cautious outlook for investors.
Why It Matters - Garrett Motion's lack of favorable conditions for an earnings beat may signal potential underperformance, impacting stock valuation and investor sentiment.
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