NYSE:GTXGarrett Motion Stock Price, Forecast & News

Garrett Motion's stock was trading at $4.86 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GTX shares have increased by 23.9% and is now trading at $6.02. 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) announced its quarterly earnings results on Monday, May, 11th. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.21 by $0.47. The company earned $745 million during the quarter, compared to analysts' expectations of $658 million. Garrett Motion had a net margin of 9.25% and a negative return on equity of 10.56%. View Garrett Motion's earnings history.

5 brokers have issued 12-month target prices for Garrett Motion's shares. Their forecasts range from $2.00 to $22.00. On average, they expect Garrett Motion's share price to reach $9.80 in the next year. This suggests a possible upside of 62.8% from the stock's current price. View analysts' price targets for Garrett Motion.

News headlines about GTX stock have been trending somewhat negative this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Garrett Motion earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news aboutGarrett Motion.

Some companies that are related to Garrett Motion include Meritor (MTOR), Gentherm (THRM), Veoneer (VNE), Delphi Technologies (DLPH), American Axle & Manufact. (AXL), Standard Motor Products (SMP), Tower International (TOWR), Stoneridge (SRI), Tenneco (TEN), IOCHPE MAXION S/S (IOCJY), Motorcar Parts of America (MPAA), Modine Manufacturing (MOD), Cooper-Standard (CPS), Lydall (LDL) and Sorl Auto Parts (SORL). 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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.21%), Kingstown Capital Management L.P. (2.65%), Morgan Stanley (2.06%), Morgan Stanley (2.06%), State Street Corp (1.77%) and America First Investment Advisors LLC (1.59%). 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, Morgan Stanley, State Street Corp, Apollo Management Holdings L.P., Russell Investments Group Ltd., Thrivent Financial for Lutherans, and Ensign Peak Advisors Inc. 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 $6.02.

Garrett Motion has a market capitalization of $455.05 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]