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The price of Garrett Motion Inc (NASDAQ: GTX) closed at $9.14 in the last session, down -0.98% from day before closing price of $9.23. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 0.56 million shares were traded. GTX stock price reached its highest trading level at $9.33 during the session, while it also had its lowest trading level at $9.14.
Ratios:
We take a closer look at GTX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.70. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 1.02.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 09 ’24 when CYRUS CAPITAL PARTNERS, L.P. sold 271,889 shares for $9.99 per share. The transaction valued at 2,717,286 led to the insider holds 27,341,177 shares of the business.
CYRUS CAPITAL PARTNERS, L.P. sold 58,306 shares of GTX for $580,634 on Apr 08 ’24. The 10% Owner now owns 27,613,066 shares after completing the transaction at $9.96 per share. On Apr 01 ’24, another insider, CYRUS CAPITAL PARTNERS, L.P., who serves as the 10% Owner of the company, sold 163,027 shares for $10.00 each. As a result, the insider received 1,631,004 and left with 27,671,372 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 2076717696 and an Enterprise Value of 3613664512. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56. Its current Enterprise Value per Revenue stands at 0.93 whereas that against EBITDA is 5.963.
Stock Price History:
The Beta on a monthly basis for GTX is 1.28, which has changed by 0.11599517 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. 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 -3.39%, while the 200-Day Moving Average is calculated to be 10.32%.
Shares Statistics:
According to the various share statistics, GTX traded on average about 1.10M shares per day over the past 3-months and 886830 shares per day over the past 10 days. A total of 238.25M shares are outstanding, with a floating share count of 228.74M. Insiders hold about 3.99% of the company’s shares, while institutions hold 82.79% stake in the company. Shares short for GTX as of 1711584000 were 5676260 with a Short Ratio of 5.17, compared to 1709164800 on 4646024. Therefore, it implies a Short% of Shares Outstanding of 5676260 and a Short% of Float of 2.7.
Earnings Estimates
The market rating for Garrett Motion Inc (GTX) is a result of the insights provided by 2 analysts actively involved in the assessment.On average, analysts expect EPS of $0.25 for the current quarter, with a high estimate of $0.27 and a low estimate of $0.22, while EPS last year was $0.13. The consensus estimate for the next quarter is $0.31, with high estimates of $0.34 and low estimates of $0.28.
Analysts are recommending an EPS of between $1.25 and $1.05 for the fiscal current year, implying an average EPS of $1.15. EPS for the following year is $1.5, with 1 analysts recommending between $1.5 and $1.5.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $954.5M. It ranges from a high estimate of $971M to a low estimate of $938M. As of the current estimate, Garrett Motion Inc’s year-ago sales were $970M, an estimated decrease of -1.60% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $993.5M, a decrease of -1.70% less than the figure of -$1.60% in the same quarter last year. There is a high estimate of $1.04B for the next quarter, whereas the lowest estimate is $950M.
A total of 2 analysts have provided revenue estimates for GTX’s current fiscal year. The highest revenue estimate was $3.98B, while the lowest revenue estimate was $3.81B, resulting in an average revenue estimate of $3.9B. In the same quarter a year ago, actual revenue was $3.89B, up 0.30% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $4.12B in the next fiscal year. The high estimate is $4.12B and the low estimate is $4.12B. The average revenue growth estimate for next year is up 5.80% from the average revenue estimate for this year.
