Profile
Sector:
Consumer CyclicalIndustry:
Auto PartsCountry:
SwitzerlandIPO:
17 September 2018Website:
http://www.garrettmotion.comNext earnings report:
14 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Tue, 19 Nov 2024 23:48:01 GMTDividend
Analysts recommendations
Institutional Ownership
GTX Latest News
Phase 1/2 data show improvements across all domains and confirm that Phase 3 Aspire study is amply powered to establish efficacy of GTX-102
AUBURN HILLS, Mich., Oct. 29, 2024 /PRNewswire/ -- 1967 Plymouth GTX Electromod Concept is powered by a conceptual Mopar e-Crate propulsion package Ram 2500 Power Wagon Concept bridges gap between daily workhorse and weekend adventurer Moparized Ram 1500 RHO features new high-impact concept exterior graphics and Mopar accessories Dodge will showcase products from the brand's Direct Connection performance parts line, including crate engines and more, and debut new heritage-inspired Dodge E-Bike licensed product Mopar display area (#44137 in South Hall) spotlights numerous customized vehicles from Jeep®, Ram and Dodge, Mopar enthusiast/TV personality Mark Worman; along with hundreds of factory-backed performance parts and accessories Mopar puts a serious charge into the 2024 Specialty Equipment Market Association (SEMA) Show, Nov. 5 – Nov. 8 in Las Vegas, with new, head-turning concept vehicles – combined to showcase a wide range of distinctly different appearance and performance modifications to enthusiasts.
Garrett Motion (GTX) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.23 per share a year ago.
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* totaled $144 million; Adjusted EBITDA margin* of 17.4% Net cash provided by operating activities totaled $67 million Adjusted free cash flow* totaled $71 million Third Quarter 2024 Business Highlights Won new marine and auxiliary power awards for our largest turbocharger with start of production in 2026 Entered into a partnership with SinoTruk to co-develop e-powertrain systems for light and heavy trucks by 2027 Recognized with the 2024 Stellantis Innovation Award for our differentiated zero-emission technologies ROLLE, Switzerland and PLYMOUTH, Mich., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) ("Garrett" or the "Company"), a leading differentiated automotive technology provider, today announced its financial results for the three and nine months ended September 30, 2024.
ROLLE, Switzerland and PLYMOUTH, Mich., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NYSE: GTX) and China National Heavy Duty Truck Group Co., Ltd.
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.
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Data Readout Expected Early Calendar 2025; NDA Submission on Track for 1H Calendar 2025 Data Readout Expected Early Calendar 2025; NDA Submission on Track for 1H Calendar 2025
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-emission solutions and established manufacturer relationships ensure its relevance in the future automotive landscape. GTX's Q2 results showed improved margins and strong cash flows despite reduced guidance, highlighting the resilience of its variable cost structure.
Investing in low-cost growth stocks requires understanding the underlying companies' fundamentals. Monitoring the core metrics and operational strengths is vital to assessing a company's long-term viability and growth potential.
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What type of business is Garrett Motion?
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.
What sector is Garrett Motion in?
Garrett Motion is in the Consumer Cyclical sector
What industry is Garrett Motion in?
Garrett Motion is in the Auto Parts industry
What country is Garrett Motion from?
Garrett Motion is headquartered in Switzerland
When did Garrett Motion go public?
Garrett Motion initial public offering (IPO) was on 17 September 2018
What is Garrett Motion website?
https://www.garrettmotion.com
Is Garrett Motion in the S&P 500?
No, Garrett Motion is not included in the S&P 500 index
Is Garrett Motion in the NASDAQ 100?
No, Garrett Motion is not included in the NASDAQ 100 index
Is Garrett Motion in the Dow Jones?
No, Garrett Motion is not included in the Dow Jones index
When was Garrett Motion the previous earnings report?
No data
When does Garrett Motion earnings report?
The next expected earnings date for Garrett Motion is 14 February 2025