Garrett Motion Stock Price, News & Analysis (NYSE:GTX)

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

Garrett Motion Inc (NYSE:GTX) announced its earnings results on Tuesday, July, 30th. The company reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.82 by $0.04. The firm had revenue of $802 million for the quarter, compared to analyst estimates of $831.99 million. Garrett Motion had a net margin of 34.50% and a negative return on equity of 44.81%. The company's revenue for the quarter was down 8.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.03 EPS. View Garrett Motion's Earnings History.

Garrett Motion is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Garrett Motion.

7 analysts have issued twelve-month target prices for Garrett Motion's shares. Their forecasts range from $8.00 to $22.00. On average, they anticipate Garrett Motion's stock price to reach $13.67 in the next year. This suggests a possible upside of 45.4% 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 headlines about GTX stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Garrett Motion earned a daily sentiment score of -1.5 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media 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 the month of September. As of September 30th, there was short interest totalling 2,280,000 shares, an increase of 16.9% from the August 30th total of 1,950,000 shares. Based on an average daily volume of 805,300 shares, the days-to-cover ratio is presently 2.8 days. Approximately 3.1% of the company's shares are sold short. View Garrett Motion's Current Options Chain.

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

Garrett Motion's stock is owned by many different of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.08%), Nisa Investment Advisors LLC (0.06%), Meyer Handelman Co. (0.02%) and SeaCrest Wealth Management LLC (0.02%). View Institutional Ownership Trends for Garrett Motion.

GTX stock was sold by a variety of institutional investors in the last quarter, including Meyer Handelman Co. and Nisa Investment Advisors LLC. View Insider Buying and Selling for Garrett Motion.

GTX stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue and SeaCrest Wealth Management LLC. 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 $9.40.

Garrett Motion has a market capitalization of $701.43 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]