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 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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.