Garrett Motion, Inc. (GTX)

NASDAQ: GTX · IEX Real-Time Price · USD
6.97
-0.01 (-0.14%)
At close: Aug 11, 2022 4:00 PM
7.01
+0.04 (0.57%)
After-hours: Aug 11, 2022 7:31 PM EDT
-0.14%
Market Cap 451.69M
Revenue (ttm) 3.46B
Net Income (ttm) 214.00M
Shares Out 64.80M
EPS (ttm) 0.21
PE Ratio 33.19
Forward PE 6.57
Dividend n/a
Ex-Dividend Date n/a
Volume 143,187
Open 7.02
Previous Close 6.98
Day's Range 6.94 - 7.15
52-Week Range 5.61 - 8.59
Beta 1.41
Analysts Buy
Price Target 15.30 (+119.5%)
Earnings Date Jul 28, 2022

About GTX

Garrett Motion Inc., together with its subsidiaries, designs, manufactures, and sells turbocharger and electric-boosting technologies for light and commercial vehicle original equipment manufacturers worldwide. The company offers light vehicle gasoline and diesel, and commercial vehicle turbochargers; and provides automotive software solutions. It offers its products in the aftermarket through distributors. Garrett Motion Inc. was incorporated in 2018 and is headquartered in Rolle, Switzerland. [Read more...]

Industry Auto Components
Employees 6,500
Stock Exchange NASDAQ
Ticker Symbol GTX
Full Company Profile

Financial Performance

In 2021, Garrett Motion's revenue was $3.63 billion, an increase of 19.74% compared to the previous year's $3.03 billion. Earnings were $495.00 million, an increase of 518.75%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for GTX stock is "Buy." The 12-month stock price forecast is 15.3, which is an increase of 119.51% from the latest price.

Price Target
$15.3
(119.51% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Down 14% in One Month, Is This Auto Stock a Buy?

Garrett Motion's dominant industry position should allow it to take advantage of a recovery in the automotive market.

Garrett Motion (GTX) Q2 Earnings and Revenues Lag Estimates

Garrett Motion (GTX) delivered earnings and revenue surprises of -40% and 2.39%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Garrett Motion Reports Second Quarter 2022 Financial Results

Second Quarter 2022 Highlights

Garrett Motion to Hold Second Quarter 2022 Financial Results Conference Call on Thursday July 28, 2022

ROLLE, Switzerland, July 14, 2022 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX, GTXAP), a leading differentiated technology provider for the automotive industry, today announced it plans to issu...

Garrett Motion (GTX) Shows Fast-paced Momentum But Is Still a Bargain Stock

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Garrett Motion (GTX) could be a great choice. It is one of the several stocks that pas...

This Automotive Stock Could Supercharge Your Portfolio

After emerging from a reorganization last year, Garrett Motion looks to a new chapter in its history.

Garrett Motion To Achieve Milestone by Early Redemption of All Remaining Series B Preferred Stock

The $212 million outstanding Series B will be repaid with cash on hand The $212 million outstanding Series B will be repaid with cash on hand

o9 Solutions Platform To Transform Garrett Motion's End-To-End Supply Chain Planning Capabilities

DALLAS--(BUSINESS WIRE)--o9 Solutions, a leading enterprise AI software platform provider for transforming planning and decision-making, announced today that it is collaborating with Garrett Motion, a l...

Garrett Motion (GTX) Q1 Earnings Miss Estimates

Garrett Motion (GTX) delivered earnings and revenue surprises of -28.57% and 4.52%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Garrett Motion Reports First Quarter 2022 Financial Results

First Quarter 2022 Highlights

Garrett Highlights Next-Gen Electrification and Connected Vehicle Innovations at Vienna Motor Symposium

Next generation powertrain E-Boosting technologies and software solutions on display at major European auto event Next generation powertrain E-Boosting technologies and software solutions on display at ...

Earnings Preview: Garrett Motion (GTX) Q1 Earnings Expected to Decline

Garrett Motion (GTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Garrett Motion to Hold First Quarter 2022 Financial Results Conference Call on Thursday April 28, 2022

ROLLE, Switzerland, April 18, 2022 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX, GTXAP), a leading differentiated technology provider for the automotive industry, today announced it plans to iss...

Garrett Motion (GTX) Q4 Earnings Top Estimates

Garrett Motion (GTX) delivered earnings and revenue surprises of 31.58% and 0.12%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Garrett Motion Reports Fourth Quarter and Full Year 2021 Financial Results

Fourth Quarter 2021 Highlights

Garrett Motion to Hold Fourth Quarter and Full Year 2021 Financial Results Conference Call on Monday, February 14

ROLLE, Switzerland, Feb. 04, 2022 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX, GTXAP), a leading differentiated technology provider for the automotive industry, today announced it plans to issu...

Garrett Motion Plans $100M Stock Buyback

Garrett Motion Inc (NASDAQ: GTX) has authorized a $100 million share repurchase program valid until November 15, 2022.  Purchases will be made pro-rata between Series A Preferred and common shares, with...

Garrett Motion Authorizes $100 Million Share Repurchase Program

Further improves capital structure and enhances shareholder return Further improves capital structure and enhances shareholder return

Garrett Motion (GTX) Q3 Earnings and Revenues Lag Estimates

Garrett Motion (GTX) delivered earnings and revenue surprises of -12.50% and -9.20%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Garrett Motion Reports Third Quarter 2021 Financial Results

Third Quarter 2021 Highlights

Garrett Motion (GTX) Reports Next Week: Wall Street Expects Earnings Growth

Garrett Motion (GTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Garrett Motion to Hold Third Quarter 2021 Conference Call on Thursday, October 28

ROLLE, Switzerland, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX), a leading differentiated technology provider for the automotive industry, today announced it plans to issue finan...

Garrett Motion Wins 2021 Automotive News PACE Award for Industry-First Electric Turbo

Innovative Technology Enables Electrified Vehicles to Optimize Fuel Economy, Reduce Emissions, and Enhance Performance

Garrett Motion Amends Terms of Series B Preferred Stock

Reducing leverage by repayment of $213 million Series B; Improving flexibility by deferring Series B put option until December 31, 2022 Reducing leverage by repayment of $213 million Series B; Improving...

New Strong Sell Stocks for September 23rd

COLD, GTX, MOMO, VIVHY, and NRILY have been added to the Zacks Rank #5 (Strong Sell) List on September 23, 2021.

Other symbols: COLDMOMOVIVHY