NYSE:GTXGarrett Motion Stock Price, Forecast & News

Garrett Motion's stock was trading at $4.86 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GTX stock has decreased by 9.9% and is now trading at $4.38. View which stocks have been most impacted by Coronavirus.

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.

Garrett Motion is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Garrett Motion.

Garrett Motion Inc (NYSE:GTX) posted its quarterly earnings results on Monday, May, 11th. The company reported $0.68 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.21 by $0.47. The firm earned $745 million during the quarter, compared to analysts' expectations of $658 million. Garrett Motion had a negative return on equity of 10.56% and a net margin of 9.25%. View Garrett Motion's earnings history.

Garrett Motion updated its FY 2020 Pre-Market earnings guidance on Thursday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $3.118-3.216 billion, compared to the consensus revenue estimate of $3.21 billion.

5 brokers have issued twelve-month price objectives for Garrett Motion's shares. Their forecasts range from $2.00 to $22.00. On average, they anticipate Garrett Motion's share price to reach $9.80 in the next twelve months. This suggests a possible upside of 123.7% from the stock's current price. View analysts' price targets for Garrett Motion.

News coverage about GTX stock has trended somewhat positive recently, InfoTrie reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Garrett Motion earned a news sentiment score of 1.5 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutGarrett Motion.

Some companies that are related to Garrett Motion include Gentherm (THRM), Veoneer (VNE), Delphi Technologies (DLPH), Standard Motor Products (SMP), American Axle & Manufact. (AXL), Tower International (TOWR), IOCHPE MAXION S/S (IOCJY), Stoneridge (SRI), Tenneco (TEN), Motorcar Parts of America (MPAA), Modine Manufacturing (MOD), Lydall (LDL), Cooper-Standard (CPS), Sorl Auto Parts (SORL) and China Automotive Systems (CAAS). View all competitors.

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

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

Garrett Motion's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.21%), Kingstown Capital Management L.P. (2.65%), Morgan Stanley (2.06%), State Street Corp (1.77%), America First Investment Advisors LLC (1.59%) and CNH Partners LLC (0.85%). Company insiders that own Garrett Motion stock include Craig Balis, Fabrice Spenninck, Olivier Rabiller and Thierry Mabru. View institutional ownership trends for Garrett Motion.

GTX stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, BlackRock Inc., AQR Capital Management LLC, Paloma Partners Management Co, Squarepoint Ops LLC, Arizona State Retirement System, Tudor Investment Corp Et Al, and Wells Fargo & Company MN. Company insiders that have sold Garrett Motion company stock in the last year include Craig Balis, Fabrice Spenninck, Olivier Rabiller, and Thierry Mabru. View insider buying and selling activity for Garrett Motion.

GTX stock was bought by a variety of institutional investors in the last quarter, including Kingstown Capital Management L.P., Morgan Stanley, State Street Corp, Apollo Management Holdings L.P., Russell Investments Group Ltd., Thrivent Financial for Lutherans, Ensign Peak Advisors Inc, and Two Sigma Investments LP. View insider buying and selling activity 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 $4.38.

Garrett Motion has a market capitalization of $331.08 million and generates $3.25 billion in revenue each year. The company earns $313 million in net income (profit) each year or $3.86 on an earnings per share basis. Garrett Motion employs 8,600 workers across the globe.

The official website for Garrett Motion is 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]