Garrett Motion
GTX

$8.76

8.68%

Market Cap: 1.98B

About: Garrett Motion Inc designs, manufactures and sells engineered turbocharger and electric-boosting technologies for light and commercial vehicle original equipment manufacturers (OEMs). The company is a technology leader with expertise in delivering products across gasoline, diesel, natural gas and electrified powertrains. The company also sells its technologies in the aftermarket through its distribution network. The company derives maximum of its revenue from Gas and geographically from Europe.

Employees: 9,700

Consumer Discretionary Motor Vehicle Parts & Accessories

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 3 analysts

0

News positive %

of 7 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

169% more call options, than puts

Call options by funds: $2.9M | Put options by funds: $1.08M

24% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 38

14% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 63

3% more funds holding

Funds holding: 268 [Q4 2023] → 277 (+9) [Q1 2024]

1% less capital invested

Capital invested by funds: $2.02B [Q4 2023] → $2B (-$18.7M) [Q1 2024]

1.67% less ownership

Funds ownership: 86.32% [Q4 2023] → 84.65% (-1.67%) [Q1 2024]

8% less funds holding in top 10

Funds holding in top 10: 13 [Q4 2023] → 12 (-1) [Q1 2024]

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Research analyst outlook

3 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$12

37%

upside

Avg. target

$14

60%

upside

High target

$15

71%

upside

3 analyst ratings

3 positive

100%

0 neutral

0%

0 negative

0%

BWS Financial Hamed Khorsand	37%upside $12	Buy Maintained	25 Jul 2024
BWS Financial Hamed Khorsand	71%upside $15	Buy Maintained	3 Jun 2024
BWS Financial Hamed Khorsand	71%upside $15	Buy Maintained	8 Apr 2024

See Analyst Rankings

Financial journalist opinion

Based on 7 articles about GTX published over the past 30 days

The Motley Fool

Why Garrett Motion Is Moving in Reverse Today

Garrett delivered a mixed quarterly result, and lowered full-year revenue guidance. The company is making all the right moves, but investors will need to be patient during a tough time for automakers.

Why Garrett Motion Is Moving in Reverse Today

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 Executive Officer Sean Deason - Senior Vice President and Chief Financial Officer Conference Call Participants Hamed Khorsand - BWS Financial Michael Ward - Freedom Capital Operator Hello. My name is Anthony, and I will be your operator this morning.

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

Zacks Investment Research

Garrett Motion (GTX) Q2 Earnings Top Estimates

Garrett Motion (GTX) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to loss of $1.88 per share a year ago.

Garrett Motion (GTX) Q2 Earnings Top Estimates

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. Talen will continue to sell off its legacy fossil fuel-burning power generation fleet and return excess capital to shareholders through buybacks.

Alluvial Fund Q2 2024 Portfolio Update

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* totaled $150 million; Adjusted EBITDA margin* of 16.9% Net cash provided by operating activities totaled $126 million Adjusted free cash flow* totaled $62 million Repurchased $65 million of Common Stock Updated Full Year 2024 Outlook Net sales of $3,570 million Net income of $275 million; Net income margin of 7.7% Adjusted EBITDA* of $608 million; Adjusted EBITDA margin* of 17.0% Net cash provided by operating activities of $405 million Adjusted free cash flow* of $350 million ROLLE, Switzerland and PLYMOUTH, Mich., July 25, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) (the "Company"), a leading differentiated automotive technology provider, today announced its financial results for the three and six months ended June 30, 2024.

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

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 for the second quarter 2024 on Thursday, July 25, 2024, before the open of market trading. Garrett will hold a conference call the same day at 8:30 am EDT / 2:30 pm CET.

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

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 for the automotive industry, offering high-quality business fundamentals and attractive valuation. Garrett's leading market position, business economics, and strategic focus on zero-emission technologies make it a great business with long-term catalysts for future growth.

Garrett Motion: Valuations Supportive Of Buy With High Quality Economics

Zacks Investment Research

New Strong Buy Stocks for June 25th

KELYA, CLS, SLVM, GTX and SSL have been added to the Zacks Rank #1 (Strong Buy) List on June 25, 2024.

New Strong Buy Stocks for June 25th

Zacks Investment Research

Should Value Investors Buy Garrett Motion (GTX) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Garrett Motion (GTX) Stock?

7 Small-Cap Value Stocks Leaving the S&P 500 in the Dust

Even as the S&P 500 reaches new highs, some investors view small-cap value stocks as the best option for long-term growth. Concerns are growing about the concentration of investments in index-based stocks.

7 Small-Cap Value Stocks Leaving the S&P 500 in the Dust

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