Understanding Garrett Motion Inc (GTX)’s financial health through ratios

Garrett Motion Inc (NASDAQ: GTX) closed the day trading at $8.30 up 0.24% from the previous closing price of $8.28. In other words, the price has increased by $+0.02 from its previous closing price. On the day, 1443882 shares were traded.

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Ratios:

For a better understanding of GTX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.04. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 1.00.

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 Dec 14 when Centerbridge Special Credit Pa sold 255,818 shares for $8.27 per share. The transaction valued at 2,115,330 led to the insider holds 11,243,696 shares of the business.

Centerbridge Special Credit Pa sold 1,014,651 shares of GTX for $8,406,754 on Dec 13. The 10% Owner now owns 11,287,784 shares after completing the transaction at $8.29 per share. On Dec 13, another insider, CYRUS CAPITAL PARTNERS, L.P., who serves as the 10% Owner of the company, sold 146,200 shares for $8.30 each. As a result, the insider received 1,213,913 and left with 29,557,144 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 2.01B and an Enterprise Value of 3.52B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52. Its current Enterprise Value per Revenue stands at 0.92 whereas that against EBITDA is 5.57.

Stock Price History:

Over the past 52 weeks, GTX has reached a high of $9.75, while it has fallen to a 52-week low of $6.43. The 50-Day Moving Average of the stock is 8.62, while the 200-Day Moving Average is calculated to be 7.93.

Shares Statistics:

Over the past 3-months, GTX traded about 1.27 shares per day on average, while over the past 10 days, GTX traded about 1.25M shares per day. A total of 242.42M shares are outstanding, with a floating share count of 233.47M. Insiders hold about 3.69% of the company’s shares, while institutions hold 87.97% stake in the company. Shares short for GTX as of Jan 31, 2024 were 2.44M with a Short Ratio of 2.13, compared to 2.05M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.01% and a Short% of Float of 1.14%.

Earnings Estimates

Current recommendations for the stock of the company come from RTX Corporation analysts. The consensus estimate for the next quarter is $14.74, with high estimates of $13.46 and low estimates of $26.97.

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