A Look at Garrett Motion Inc (GTX) Shares in the Recent Past Indicates Growth

With 0.71 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.77 million shares. During the session, the Auto Parts company that operates in wider Consumer Cyclical sector, reached to the highest price of $7.8975 whereas the lowest price it dropped to was $7.75. The 52-week range on GTX shows that it touched its highest point at $10.16 and its lowest point at $7.13 during that stretch. It currently has a 1-year price target of $12.00. Beta for the stock currently stands at 1.15.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GTX was down-trending over the past week, with a drop of -0.76%, but this was down by -2.00% over a month. Three-month performance dropped to -3.21% while six-month performance fell -12.21%. The stock gained 5.38% in the past year, while it has lost -18.92% so far this year. A look at the trailing 12-month EPS for GTX yields 1.01 with Next year EPS estimates of 1.29. For the next quarter, that number is 0.29. This implies an EPS growth rate of 687.00% for this year and 16.14% for next year.

Float and Shares Shorts:

At present, 238.25 million GTX shares are outstanding with a float of 204.81 million shares on hand for trading. On 2024-10-31, short shares totaled 6.75 million, which was 316.00002 higher than short shares on 1727654400. In addition to Mr. Olivier Rabiller as the firm’s President, CEO & Director, Mr. Sean Ernest Deason C.M.A. serves as its Senior VP & CFO.

Institutional Ownership:

Through their ownership of 0.94685 of GTX’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, GTX reported revenue of $826000000.0 and operating income of $113000000.0. The EBITDA in the recently reported quarter was $136000000.0 and diluted EPS was $0.24.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With GTX analysts setting a high price target of 12.0 and a low target of 12.0, the average target price over the next 12 months is 12.0. Based on these targets, GTX could surge 53.06% to reach the target high and rise by 53.06% to reach the target low. Reaching the average price target will result in a growth of 53.06% from current levels.

Analysts have provided yearly estimates in a range of $1.12783 being high and $1.10217 being low. For GTX, this leads to a yearly average estimate of $1.115. The surprise factor in the prior quarter was $0.34. Based on analyst estimates, the high estimate for the next quarter is $0.31 and the low estimate is $0.31. The average estimate for the next quarter is thus $0.31.