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After finishing at $7.66 in the prior trading day, Garrett Motion Inc (NASDAQ: GTX) closed at $7.80, up 1.83%. In other words, the price has increased by $1.83 from its previous closing price. On the day, 0.74 million shares were traded. GTX stock price reached its highest trading level at $7.805 during the session, while it also had its lowest trading level at $7.57.
Ratios:
Our goal is to gain a better understanding of GTX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.30. For the most recent quarter (mrq), Quick Ratio is recorded 0.72 and its Current Ratio is at 0.94.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BWS Financial on June 03, 2021, initiated with a Buy rating and assigned the stock a target price of $15.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 31 ’24 when Steyn Julia sold 14,000 shares for $8.77 per share. The transaction valued at 122,795 led to the insider holds 53,781 shares of the business.
JULIA STEYN bought 14,000 shares of GTX for $122,795 on Jul 31 ’24. On Jul 18 ’24, another insider, CYRUS CAPITAL PARTNERS, L.P., who serves as the 10% Owner of the company, sold 3,779 shares for $10.01 each. As a result, the insider received 37,830 and left with 27,337,398 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GTX now has a Market Capitalization of 1705134720 and an Enterprise Value of 3125133568. As of this moment, Garrett’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.79, and their Forward P/E ratio for the next fiscal year is 5.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46. Its current Enterprise Value per Revenue stands at 0.842 whereas that against EBITDA is 5.521.
Stock Price History:
Over the past 52 weeks, GTX has reached a high of $10.16, while it has fallen to a 52-week low of $6.43. The 50-Day Moving Average of the stock is -8.22%, while the 200-Day Moving Average is calculated to be -12.45%.
Shares Statistics:
The stock has traded on average 838.88K shares per day over the past 3-months and 670980 shares per day over the last 10 days, according to various share statistics. A total of 238.25M shares are outstanding, with a floating share count of 209.81M. Insiders hold about 4.03% of the company’s shares, while institutions hold 91.12% stake in the company. Shares short for GTX as of 1723680000 were 7502702 with a Short Ratio of 8.94, compared to 1721001600 on 6322425. Therefore, it implies a Short% of Shares Outstanding of 7502702 and a Short% of Float of 7.01.
Earnings Estimates
Its stock is currently analyzed by 2.0 different market analysts. The consensus estimate for the next quarter is $0.32, with high estimates of $0.35 and low estimates of $0.29.
Analysts are recommending an EPS of between $1.19 and $1.17 for the fiscal current year, implying an average EPS of $1.18. EPS for the following year is $1.35, with 2.0 analysts recommending between $1.41 and $1.29.
Revenue Estimates
2 analysts predict $867M in revenue for the current quarter. It ranges from a high estimate of $886M to a low estimate of $848M. As of the current estimate, Garrett Motion Inc’s year-ago sales were $960MFor the next quarter, 2 analysts are estimating revenue of $920.5M. There is a high estimate of $947M for the next quarter, whereas the lowest estimate is $894M.
A total of 2 analysts have provided revenue estimates for GTX’s current fiscal year. The highest revenue estimate was $3.6B, while the lowest revenue estimate was $3.58B, resulting in an average revenue estimate of $3.59B. In the same quarter a year ago, actual revenue was $3.89BBased on 2 analysts’ estimates, the company’s revenue will be $3.77B in the next fiscal year. The high estimate is $3.77B and the low estimate is $3.76B.
