NYSE:GTX - Garrett Motion Stock Price, Forecast & News

Garrett Motion trades on the New York Stock Exchange (NYSE) under the ticker symbol "GTX."

Garrett Motion Inc (NYSE:GTX) issued its earnings results on Friday, November, 8th. The company reported $0.50 earnings per share for the quarter, missing analysts' consensus estimates of $0.83 by $0.33. The business earned $781 million during the quarter, compared to analyst estimates of $777.45 million. Garrett Motion had a net margin of 6.84% and a negative return on equity of 9.05%. Garrett Motion's revenue for the quarter was down .4% on a year-over-year basis. During the same quarter in the prior year, the company earned $12.54 EPS. View Garrett Motion's Earnings History.

Garrett Motion is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Garrett Motion.

Garrett Motion will be holding an earnings conference call on Thursday, February 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

5 brokers have issued 1-year price objectives for Garrett Motion's stock. Their forecasts range from $8.00 to $22.00. On average, they anticipate Garrett Motion's share price to reach $12.80 in the next twelve months. This suggests a possible upside of 72.7% from the stock's current price. View Analyst Price Targets for Garrett Motion.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Garrett Motion in the last year. There are currently 2 sell ratings and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Garrett Motion.

Media coverage about GTX stock has trended very positive on Wednesday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Garrett Motion earned a daily sentiment score of 4.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Garrett Motion.

Garrett Motion saw a increase in short interest in January. As of January 31st, there was short interest totalling 1,630,000 shares, an increase of 23.5% from the January 15th total of 1,320,000 shares. Based on an average daily volume of 797,300 shares, the short-interest ratio is presently 2.0 days. Approximately 2.2% of the company's stock are sold short. View Garrett Motion's Current Options Chain.

Some companies that are related to Garrett Motion include Dorman Products (DORM), Meritor (MTOR), Gentherm (THRM), Veoneer (VNE), Delphi Technologies (DLPH), Standard Motor Products (SMP), IOCHPE MAXION S/S (IOCJY), Stoneridge (SRI), American Axle & Manufact. (AXL), Tower International (TOWR), Tenneco (TEN), Modine Manufacturing (MOD), Lydall (LDL), Motorcar Parts of America (MPAA) and Cooper-Standard (CPS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Garrett Motion investors own include Honeywell International (HON), Home Depot (HD), CVS Health (CVS), Alibaba Group (BABA), Resideo Technologies (REZI), Verizon Communications (VZ), Procter & Gamble (PG), Cisco Systems (CSCO), Johnson & Johnson (JNJ) and Thermo Fisher Scientific (TMO).

Garrett Motion's stock is owned by many different of institutional and retail investors. Top institutional investors include Dynamo Internacional Gestao DE Recursos LTDA. (4.56%), Hawk Ridge Capital Management LP (2.10%), America First Investment Advisors LLC (1.52%), Goldman Sachs Group Inc. (1.49%), State Street Corp (1.41%) and Charles Schwab Investment Management Inc. (0.95%). Company insiders that own Garrett Motion stock include Craig Balis and Fabrice Spenninck. View Institutional Ownership Trends for Garrett Motion.

GTX stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Dynamo Internacional Gestao DE Recursos LTDA., AQR Capital Management LLC, FMR LLC, Barclays PLC, CNH Partners LLC, First Trust Advisors LP and Bank of New York Mellon Corp. Company insiders that have sold Garrett Motion company stock in the last year include Craig Balis and Fabrice Spenninck. View Insider Buying and Selling for Garrett Motion.

GTX stock was acquired by a variety of institutional investors in the last quarter, including Hawk Ridge Capital Management LP, Goldman Sachs Group Inc., Cooper Creek Partners Management LLC, America First Investment Advisors LLC, Strs Ohio, Oxford Asset Management LLP, Charles Schwab Investment Management Inc. and Bank of America Corp DE. View Insider Buying and Selling for Garrett Motion.

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

One share of GTX stock can currently be purchased for approximately $7.41.

Garrett Motion has a market capitalization of $554.49 million and generates $3.38 billion in revenue each year. The company earns $1.18 billion in net income (profit) each year or $4.05 on an earnings per share basis. Garrett Motion employs 7,500 workers across the globe.View Additional Information About Garrett Motion.

The official website for Garrett Motion is http://www.garrettmotion.com/.

Garrett Motion's mailing address is LA PIECE 16, ROLLE V8, 1180. The company can be reached via phone at 41-21-695-3000 or via email at [email protected]