Garrett Motion Inc. (GTX)

NASDAQ: GTX · Real-Time Price · USD
9.01
-0.09 (-0.99%)
Dec 20, 2024, 4:00 PM EST - Market closed
-0.99%
Market Cap 1.92B
Revenue (ttm) 3.58B
Net Income (ttm) 234.00M
Shares Out 213.56M
EPS (ttm) 1.01
PE Ratio 8.90
Forward PE 7.29
Dividend $0.24 (2.66%)
Ex-Dividend Date n/a
Volume 1,285,384
Open 9.03
Previous Close 9.10
Day's Range 8.99 - 9.16
52-Week Range 7.13 - 10.16
Beta 1.18
Analysts Strong Buy
Price Target 12.00 (+33.19%)
Earnings Date Feb 13, 2025

About 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 ... [Read more]

Industry Auto Parts
Founded 2018
Employees 7,600
Stock Exchange NASDAQ
Ticker Symbol GTX
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for GTX stock is "Strong Buy" and the 12-month stock price forecast is $12.0.

Price Target
$12.0
(33.19% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Garrett Motion Announces Long-Term Capital Allocation Framework, Including New Quarterly Dividend and $250M Share Repurchase Program for 2025

ROLLE, Switzerland and PLYMOUTH, Mich., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) ("Garrett" or the "Company"), a leading differentiated automotive technology provider, today...

16 days ago - GlobeNewsWire

Garrett Motion Inc. (GTX) Q3 2024 Earnings Call Transcript

Garrett Motion Inc. (NASDAQ:GTX) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Eric Burge – Head-Investor Relations Olivier Rabiller – President and Chief Executiv...

2 months ago - Seeking Alpha

IBM Posts Weak Sales, Joins Garrett Motion, Beyond And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 150 points on Thursday.

Other symbols: IBM
2 months ago - Benzinga

Garrett Motion Reports Third Quarter 2024 Financial Results; Updates Full Year 2024 Outlook

Third Quarter 2024 Financial Highlights Net sales totaled $826 million, down 14% on a reported and constant currency* basis Net income totaled $52 million; Net income margin of 6.3% Adjusted EBITDA* t...

2 months ago - GlobeNewsWire

A pioneer move for Electric Commercial Vehicles: Garrett and SinoTruk sign Letter of Intent to bring leading high-speed electrified powertrain to E-trucks

ROLLE, Switzerland and PLYMOUTH, Mich., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NYSE: GTX) and China National Heavy Duty Truck Group Co., Ltd.

2 months ago - GlobeNewsWire

Garrett expands its innovation footprint with new zero-emission R&D center in Wuhan, China

ROLLE, Switzerland and PLYMOUTH, Mich., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ: GTX), a global leader in automotive technology, announced today the establishment of a new zero-e...

2 months ago - GlobeNewsWire

Garrett Motion to Hold Third Quarter 2024 Financial Results Conference Call on Thursday October 24, 2024

ROLLE, Switzerland and PLYMOUTH, Mich., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX), a leading differentiated automotive technology provider, today announced it plans to issue ...

2 months ago - GlobeNewsWire

Undercovered Dozen: Burford Capital, Metlife, Garrett Motion, Kaspi +

The 'Undercovered' Dozen series highlights 12 undercovered stocks to provide another source for investment ideas and to encourage community discussion. Mosaic Company, a leading phosphate fertilizer p...

3 months ago - Seeking Alpha

Garrett Motion Is Too Cheap To Ignore

Garrett Motion (GTX) is well-positioned to benefit from ongoing demand for turbochargers, with market growth expected between 7.0% and 9.6% CAGR. Despite the rise of EVs, GTX's strong R&D in zero-emis...

3 months ago - Seeking Alpha

Garrett Motion: Deleveraging Progress Not Yet Reflected In Its Share Price

Shares are down more than 15% this year on fears related to its declining sales. Despite ongoing macroeconomic headwinds, the business continues to generate strong FCF, which has been deployed towards...

3 months ago - Seeking Alpha

Garrett Motion Inc. (GTX) Q2 2024 Earnings Call Transcript

Garrett Motion Inc. (NASDAQ:GTX) Q2 2024 Earnings Conference Call July 25, 2024 8:30 AM ET Company Participants Eric Burge - Head of Investor Relations Olivier Rabiller - President and Chief Executiv...

5 months ago - Seeking Alpha

Alluvial Fund Q2 2024 Portfolio Update

Our portfolio is largely unchanged from last quarter, with Net Lease Office Properties still at the top. McBride shares have performed well for us, up about 30% from the level of our initial purchases...

Other symbols: FTLFMRCNLOPSENEASENEB
5 months ago - Seeking Alpha

Garrett Motion Reports Second Quarter 2024 Financial Results; Updates Full Year 2024 Outlook

Second Quarter 2024 Highlights Net sales totaled $890 million, down 12% on a reported basis and down 10% at constant currency* Net income totaled $64 million; Net income margin of 7.2% Adjusted EBITDA...

5 months ago - GlobeNewsWire

Garrett Motion to Hold Second Quarter 2024 Financial Results Conference Call on Thursday July 25, 2024

ROLLE, Switzerland, July 11, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX), a leading differentiated automotive technology provider, today announced it plans to issue financial results fo...

5 months ago - GlobeNewsWire

Garrett Motion: Valuations Supportive Of Buy With High Quality Economics

Highly commoditized industries require differentiation through production/pricing or consumer advantages to succeed. Garrett Motion specializes in emission reduction and energy efficiency solutions fo...

5 months ago - Seeking Alpha

Garrett Motion Inc. Announces Upsizing and Pricing of Private Offering of $800 Million of Senior Notes Due 2032

ROLLE, Switzerland, May 07, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) (the “Company”) announced today that Garrett Motion Holdings Inc. and Garrett LX I S.à r.l., its wholly owned sub...

8 months ago - GlobeNewsWire

Garrett Motion Inc. Announces Proposed Private Offering of $500 Million of Senior Notes Due 2032

ROLLE, Switzerland, May 06, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) (the “Company”) announced today that Garrett Motion Holdings Inc. and Garrett LX I S.à r.l., its wholly owned sub...

8 months ago - GlobeNewsWire

Garrett Motion Inc. (GTX) Q1 2024 Earnings Call Transcript

Garrett Motion Inc. (GTX) Q1 2024 Earnings Call Transcript

8 months ago - Seeking Alpha

Garrett Motion Reports First Quarter 2024 Financial Results

First Quarter 2024 Highlights Net sales totaled $915 million, down 6% on a reported basis and 5% at constant currency* Net income totaled $66 million; Net income margin 7.2% Adjusted EBITDA* totaled $...

8 months ago - GlobeNewsWire

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

ROLLE, Switzerland, April 11, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX), a leading differentiated automotive technology provider, today announced it plans to issue financial results f...

9 months ago - GlobeNewsWire

Unveiling Garrett Motion's Growth Strategies, FCF Growth, And Current Undervaluation

Garrett Motion Inc. offers optimistic figures for light vehicle turbo penetration on internal combustion engines for 2030. The company aims to become a fundamental part of its clients' production chai...

9 months ago - Seeking Alpha

Garrett Motion Inc. (GTX) Q4 2023 Earnings Call Transcript

Garrett Motion Inc. (GTX) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

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

Fourth Quarter 2023 Highlights Net sales totaled $945 million, up 5% on a reported basis, up 3% at constant currency* Net income totaled $52 million; Net income margin 5.5% Adjusted EBITDA* totaled $1...

11 months ago - GlobeNewsWire

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

ROLLE, Switzerland, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) (the “Company”), a leading differentiated automotive technology provider, today announced the appointment of Pau...

11 months ago - GlobeNewsWire

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

ROLLE, Switzerland, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX), a leading differentiated automotive technology provider, today announced it plans to issue financial results fo...

11 months ago - GlobeNewsWire