Should I buy or sell Garrett Motion stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Garrett Motion in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" GTX shares. View GTX analyst ratings or view top-rated stocks .

What is Garrett Motion's stock price target for 2024?

1 brokerages have issued 1-year price targets for Garrett Motion's shares. Their GTX share price targets range from $15.00 to $15.00. On average, they expect the company's stock price to reach $15.00 in the next twelve months. This suggests a possible upside of 60.4% from the stock's current price. View analysts price targets for GTX or view top-rated stocks among Wall Street analysts .

How have GTX shares performed in 2024?

Garrett Motion's stock was trading at $9.67 at the beginning of 2024. Since then, GTX shares have decreased by 3.3% and is now trading at $9.35. View the best growth stocks for 2024 here .

When is Garrett Motion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our GTX earnings forecast .

How can I listen to Garrett Motion's earnings call?

Garrett Motion will be holding an earnings conference call on Thursday, April 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "1183241".

How were Garrett Motion's earnings last quarter?

Garrett Motion Inc. (NYSE:GTX) posted its earnings results on Thursday, February, 15th. The company reported $0.22 EPS for the quarter, hitting the consensus estimate of $0.22. The business had revenue of $945 million for the quarter, compared to the consensus estimate of $949 million. Garrett Motion had a negative trailing twelve-month return on equity of 49.01% and a net margin of 6.72%.

What ETFs hold Garrett Motion's stock?

ETFs with the largest weight of Garrett Motion (NYSE:GTX) stock in their portfolio include Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ) , Roundhill Acquirers Deep Value ETF (DEEP) and LeaderShares Activist Leaders ETF (ACTV) . Invesco DWA SmallCap Momentum ETF (DWAS) .

What guidance has Garrett Motion issued on next quarter's earnings?

Garrett Motion issued an update on its FY 2024 earnings guidance on Friday, February, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $3.8 billion-$4.0 billion, compared to the consensus revenue estimate of $3.8 billion.

What other stocks do shareholders of Garrett Motion own?

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

Who are Garrett Motion's major shareholders?

Garrett Motion's stock is owned by a variety of institutional and retail investors. Top institutional investors include Baker Ellis Asset Management LLC (0.10%) and Financial Management Professionals Inc. (0.01%). Insiders that own company stock include Baupost Group Llc/Ma, Cyrus Capital Partners, LP, Daniel A Ninivaggi, Fabrice Spenninck, Olivier Rabiller, Philip Andrew Smith, Pierre Barthelet, Sessa Capital Gp, Llc, Special Credit Pa Centerbridge and Value Master Fund Lp Attestor. View institutional ownership trends .

How do I buy shares of Garrett Motion?

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

NYSE:GTX

Garrett Motion (GTX) Stock Price, News & Analysis

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Free GTX Stock Alerts

$9.35

+0.09 (+0.97%)

(As of 04/19/2024 ET)

Compare

Today's Range: $9.25
▼
$9.37
50-Day Range: $8.34
▼
$10.03
52-Week Range: $6.43
▼
$10.16

Volume: 803,037 shs
Average Volume: 1.02 million shs
Market Capitalization: $2.12 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $15.00

Get Garrett Motion alerts:

Garrett Motion MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 60.4% Upside
$15.00 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.32
Based on 3 Articles This Week
Insider Trading: Selling Shares
$101.43 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.32 out of 5 stars

Auto/Tires/Trucks Sector

50th out of 77 stocks

Motor Vehicle Parts & Accessories Industry

23rd out of 31 stocks

3.5

Analyst's Opinion

Consensus Rating
Garrett Motion has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Garrett Motion has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for GTX.

0.0

Dividend Strength

Dividend Yield
Garrett Motion does not currently pay a dividend.
Dividend Growth
Garrett Motion does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GTX.

2.4

News and Social Media Coverage

News Sentiment
Garrett Motion has a news sentiment score of 0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Garrett Motion this week, compared to 1 article on an average week.
Search Interest
Only 5 people have searched for GTX on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.
MarketBeat Follows
5 people have added Garrett Motion to their MarketBeat watchlist in the last 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Garrett Motion insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $101,430,410.00 in company stock.
Percentage Held by Insiders
37.08% of the stock of Garrett Motion is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
86.27% of the stock of Garrett Motion is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Garrett Motion is -7.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Garrett Motion is -7.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

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About Garrett Motion Stock (NYSE:GTX)

Garrett Motion Inc., together with its subsidiaries, designs, manufactures, and sells turbocharging, air and fluid compression, and high-speed electric motor technologies for original equipment manufacturers and distributors worldwide. The company offers cutting-edge technology for the mobility and industrial space, including light vehicles, commercial vehicles, and industrial applications. In addition, it provides mechanical and electrical products for turbocharging and boosting internal combustion engines, as well as compressing air for fuel cell compressors, and compressing refrigerant for electric cooling compressors. The company offers its products in the aftermarket through distributors. Garrett Motion Inc. was incorporated in 2018 and is based in Rolle, Switzerland.

GTX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GTX Stock News Headlines

April 12, 2024 | insidertrades.com

Cyrus Capital Partners, L.P. Sells 58,306 Shares of Garrett Motion Inc. (NYSE:GTX) Stock

April 4, 2024 | insidertrades.com

Insider Selling: Garrett Motion Inc. (NYSE:GTX) Major Shareholder Sells 163,027 Shares of Stock

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March 29, 2024 | insidertrades.com

Garrett Motion Inc. (NYSE:GTX) Major Shareholder Sells $2,502,500.00 in Stock

March 27, 2024 | insidertrades.com

Garrett Motion Inc. (NYSE:GTX) Major Shareholder Cyrus Capital Partners, L.P. Sells 200,000 Shares

March 27, 2024 | insidertrades.com

Cyrus Capital Partners, L.P. Sells 260,000 Shares of Garrett Motion Inc. (NYSE:GTX) Stock

April 18, 2024 | americanbankingnews.com

Garrett Motion (GTX) Set to Announce Quarterly Earnings on Thursday

April 12, 2024 | americanbankingnews.com

Q1 2024 Earnings Forecast for Garrett Motion Inc. (NYSE:GTX) Issued By BWS Financial

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April 11, 2024 | globenewswire.com

Garrett Motion to Hold First Quarter 2024 Financial Results Conference Call on Thursday April 25, 2024

April 11, 2024 | fool.ca

NASDAQ:GTX (Garrett Motion Inc.)

April 9, 2024 | americanbankingnews.com

Garrett Motion (NYSE:GTX) Rating Reiterated by BWS Financial

March 31, 2024 | finance.yahoo.com

Calculating The Fair Value Of Garrett Motion Inc. (NASDAQ:GTX)

March 29, 2024 | msn.com

Ousted AFSCME DC33 leader Ernest Garrett sued in hopes of running again. A federal judge said no.

March 27, 2024 | investing.com

Garrett Motion Inc (GTX)

March 16, 2024 | finance.yahoo.com

GTX Apr 2024 11.000 call

February 17, 2024 | finance.yahoo.com

Garrett Motion Full Year 2023 Earnings: EPS Misses Expectations

February 15, 2024 | fool.com

Why Garrett Motion Stock Popped Today

February 15, 2024 | seekingalpha.com

Garrett Motion Inc. 2023 Q4 - Results - Earnings Call Presentation

February 15, 2024 | globenewswire.com

Garrett Motion Delivers Strong 2023, Issues 2024 Outlook, Authorizes New $350M Share Repurchase Program

February 12, 2024 | finance.yahoo.com

Paul A. Camuti Appointed to Board of Directors of Garrett Motion Inc.

February 10, 2024 | markets.businessinsider.com

Maintained Buy Rating for Garrett Motion: Strategic Positioning and Financial Health Amid Industry Slowdown

February 6, 2024 | news.yahoo.com

Garrett Morris recounts being arrested while touring with Harry Belafonte

January 30, 2024 | finance.yahoo.com

Garrett Motion to Hold Fourth Quarter and Full Year 2023 Financial Results Conference Call on Thursday February 15, 2024

January 29, 2024 | finance.yahoo.com

Garrett Motion (NASDAQ:GTX) investors are sitting on a loss of 46% if they invested five years ago

December 11, 2023 | finance.yahoo.com

Garrett Motion, Global Leader in Turbochargers, Launches Online Marketplace for Racing Enthusiasts

November 3, 2023 | seekingalpha.com

Silver Ring Value Partners - Garrett Motion: Why Own The Stock At All?

See More Headlines

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Company Calendar

Last Earnings: 2/15/2024
Today: 4/19/2024
Next Earnings (Confirmed): 4/25/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Auto/Tires/Trucks
Industry: Motor vehicle parts & accessories
Sub-Industry: N/A
Current Symbol: NYSE:GTX
CUSIP: N/A
CIK: 1735707
Web: www.garrettmotion.com
Phone: (121) 695-3000
Fax: N/A
Employees: 9,700
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $15.00
High Stock Price Target: $15.00
Low Stock Price Target: $15.00
Potential Upside/Downside: +60.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.30)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 8.90
P/E Growth: N/A
Net Income: $261 million
Net Margins: 6.72%
Pretax Margin: 8.93%
Return on Equity: -49.01%
Return on Assets: 9.72%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.02
Quick Ratio: 0.83

Sales & Book Value

Annual Sales: $3.89 billion
Price / Sales: 0.55
Cash Flow: $1.57 per share
Price / Cash Flow: 5.97
Book Value: ($3.03) per share
Price / Book: -3.09

Miscellaneous

Outstanding Shares: 227,210,000
Free Float: 142,962,000
Market Cap: $2.12 billion
Optionable: Optionable
Beta: 1.31

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Key Executives

Mr. Olivier Rabiller (Age 53)
President, CEO & Director
Comp: $2.01M
Mr. Sean Ernest Deason (Age 52)
Senior VP & CFO
Comp: $1.12M
Mr. Craig Balis (Age 59)
Senior VP & CTO
Comp: $749.91k
Mr. Jerome Maironi (Age 58)
Senior VP, General Counsel & Corporate Secretary
Comp: $765.32k
Mr. Thierry Mabru (Age 56)
Senior Vice President of Integrated Supply Chain
Comp: $774.28k
Mr. Thomas Peter
Senior VP & Chief Digital & Information Officer
Eric Birge
Head of Investor Relations
Mr. Fabrice Spenninck (Age 55)
Senior VP & Chief Human Resources Officer
Mr. Eric Fraysse
President Global Aftermarket & Brazil
Mr. Charles Jin
President of High Growth Regions China & India

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GTX Stock Analysis - Frequently Asked Questions

Should I buy or sell Garrett Motion stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Garrett Motion in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" GTX shares.
View GTX analyst ratings or view top-rated stocks.
What is Garrett Motion's stock price target for 2024?: 1 brokerages have issued 1-year price targets for Garrett Motion's shares. Their GTX share price targets range from $15.00 to $15.00. On average, they expect the company's stock price to reach $15.00 in the next twelve months. This suggests a possible upside of 60.4% from the stock's current price.
View analysts price targets for GTX or view top-rated stocks among Wall Street analysts.
How have GTX shares performed in 2024?: Garrett Motion's stock was trading at $9.67 at the beginning of 2024. Since then, GTX shares have decreased by 3.3% and is now trading at $9.35.
View the best growth stocks for 2024 here.
When is Garrett Motion's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our GTX earnings forecast.
How can I listen to Garrett Motion's earnings call?: Garrett Motion will be holding an earnings conference call on Thursday, April 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "1183241".
How were Garrett Motion's earnings last quarter?: Garrett Motion Inc. (NYSE:GTX) posted its earnings results on Thursday, February, 15th. The company reported $0.22 EPS for the quarter, hitting the consensus estimate of $0.22. The business had revenue of $945 million for the quarter, compared to the consensus estimate of $949 million. Garrett Motion had a negative trailing twelve-month return on equity of 49.01% and a net margin of 6.72%.

What ETFs hold Garrett Motion's stock?: ETFs with the largest weight of Garrett Motion (NYSE:GTX) stock in their portfolio include Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ), Roundhill Acquirers Deep Value ETF (DEEP) and LeaderShares Activist Leaders ETF (ACTV).Invesco DWA SmallCap Momentum ETF (DWAS).
What guidance has Garrett Motion issued on next quarter's earnings?: Garrett Motion issued an update on its FY 2024 earnings guidance on Friday, February, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $3.8 billion-$4.0 billion, compared to the consensus revenue estimate of $3.8 billion.
What other stocks do shareholders of Garrett Motion own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Garrett Motion investors own include CVS Health (CVS), Johnson & Johnson (JNJ), Resideo Technologies (REZI), Home Depot (HD), Procter & Gamble (PG), Verizon Communications (VZ), Cisco Systems (CSCO), RTX (RTX) and AT&T (T).
Who are Garrett Motion's major shareholders?: Garrett Motion's stock is owned by a variety of institutional and retail investors. Top institutional investors include Baker Ellis Asset Management LLC (0.10%) and Financial Management Professionals Inc. (0.01%). Insiders that own company stock include Baupost Group Llc/Ma, Cyrus Capital Partners, LP, Daniel A Ninivaggi, Fabrice Spenninck, Olivier Rabiller, Philip Andrew Smith, Pierre Barthelet, Sessa Capital Gp, Llc, Special Credit Pa Centerbridge and Value Master Fund Lp Attestor.
View institutional ownership trends.
How do I buy shares of Garrett Motion?: Shares of GTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GTX) was last updated on 4/19/2024 by MarketBeat.com Staff

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Garrett Motion (GTX) Stock Price, News & Analysis

Garrett Motion MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Garrett Motion Stock (NYSE:GTX)

GTX Stock Price History

GTX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

GTX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™