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) posted its quarterly earnings results on Friday, November, 8th. The company reported $0.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by $0.33. The company earned $781 million during the quarter, compared to analysts' expectations of $777.45 million. Garrett Motion had a negative return on equity of 9.05% and a net margin of 6.84%. Garrett Motion's revenue for the quarter was down .4% compared to the same quarter last year. During the same period in the prior year, the firm earned $12.54 EPS. View Garrett Motion's Earnings History.

Garrett Motion is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Garrett Motion.

7 Wall Street analysts have issued 12 month target prices for Garrett Motion's shares. Their forecasts range from $8.00 to $22.00. On average, they expect Garrett Motion's share price to reach $13.50 in the next twelve months. This suggests a possible upside of 39.8% from the stock's current price. View Analyst Price Targets for Garrett Motion.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Garrett Motion in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Garrett Motion.

Media stories about GTX stock have been trending somewhat negative on Thursday, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by monitoring 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 five, with scores closest to five being the most favorable. Garrett Motion earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave 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 immediate future. View News Stories for Garrett Motion.

Garrett Motion saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 1,320,000 shares, a decrease of 32.7% from the December 15th total of 1,960,000 shares. Based on an average daily volume of 752,900 shares, the days-to-cover ratio is presently 1.8 days. Approximately 1.8% of the shares of the company are sold short. View Garrett Motion's Current Options Chain.

Some companies that are related to Garrett Motion include LCI Industries (LCII), Dorman Products (DORM), Dana (DAN), Adient (ADNT), Meritor (MTOR), Gentherm (THRM), Veoneer (VNE), Standard Motor Products (SMP), American Axle & Manufact. (AXL), Delphi Technologies (DLPH), IOCHPE MAXION S/S (IOCJY), Stoneridge (SRI), Tower International (TOWR), Tenneco (TEN) 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), Alibaba Group (BABA), Cisco Systems (CSCO), CVS Health (CVS), Procter & Gamble (PG), Verizon Communications (VZ), Thermo Fisher Scientific (TMO), Resideo Technologies (REZI) and Johnson & Johnson (JNJ).

Garrett Motion's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Tocqueville Asset Management L.P. (0.38%), Nisa Investment Advisors LLC (0.04%), Louisiana State Employees Retirement System (0.03%), Alpine Global Management LLC (0.02%) and Sciencast Management LP (0.02%). 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 Nisa Investment Advisors LLC and Louisiana State Employees Retirement System. 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 Alpine Global Management LLC, Sciencast Management LP and Tocqueville Asset Management L.P.. 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 $9.66.

Garrett Motion has a market capitalization of $722.82 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]