Profile
Sector:
Consumer CyclicalIndustry:
Auto PartsCountry:
SwitzerlandIPO:
17 September 2018Website:
http://www.garrettmotion.comNext earnings report:
26 July 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Tue, 02 Jul 2024 23:01:50 GMTDividend
Analysts recommendations
Institutional Ownership
GTX Latest News
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.
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.
Garrett Motion (GTX) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Investors seeking stocks with strong recent momentum and reasonable prices may find Garrett Motion (GTX) to be a promising option. It is among the select few stocks that passed our screening for 'Fast-Paced Momentum at a Bargain.'
At Zacks, we prioritize the established Zacks Rank system, which highlights earnings estimates and revisions to identify top stocks. However, we also keep an eye on current value, growth, and momentum trends to highlight strong selections.
Garrett Motion (GTX) reported quarterly earnings of $0.28 per share, surpassing the Zacks Consensus Estimate of $0.22 per share. This is an improvement from earnings of $0.13 per share in the same quarter last year.
At Zacks, we prioritize the established Zacks Rank system, which highlights earnings estimates and revisions to identify top stocks. However, we also keep a close eye on current value, growth, and momentum trends to highlight strong investment options.
Garrett Motion met Wall Street's expectations for fourth-quarter revenue and earnings -- but also arrived above the midpoints of its own guidance ranges. The company set a record for quarterly EBITDA.
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 for the fourth quarter and full year 2023 on Thursday, February 15, 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.
GTX's revenue has grown at a CAGR of 4%, while its margins have declined and debt has ticked up. The company is heavily negatively exposed to the EV transition, with the majority of its revenue relative to petrol/diesel cars and the use case of turbochargers in the future uncertain. The company is investing heavily in R&D but it is too early to say if GTX will be successful with its transition.
- 1(current)
What type of business is Garrett Motion?
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.
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 does Garrett Motion report earnings?
The next expected earnings date for Garrett Motion is 26 July 2024