During the recent session, Garrett Motion Inc (NASDAQ:GTX)’s traded shares were 1.52 million, with the beta value of the company hitting 1.27. At the last check today, the stock’s price was $9.49, reflecting an intraday loss of -3.60% or -$0.36. The 52-week high for the GTX share is $10.16, that puts it down -7.06 from that peak though still a striking 32.24% gain since the share price plummeted to a 52-week low of $6.43. The company’s market capitalization is $2.26B, and the average trade volume was 1.10 million shares over the past three months.
Garrett Motion Inc (NASDAQ:GTX) trade information
Garrett Motion Inc (GTX) registered a -3.60% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -3.60% in intraday trading to $9.49, hitting a weekly high. The stock’s 5-day price performance is 2.54%, and it has moved by -2.62% in 30 days. Based on these gigs, the overall price performance for the year is 16.36%.
Garrett Motion Inc (GTX) estimates and forecasts
Statistics show that Garrett Motion Inc has outperformed its competitors in share price, compared to the industry in which it operates. Garrett Motion Inc (GTX) shares have gone up 34.30% during the last six months, with a year-to-date growth rate more than the industry average at 438.71% against 12.10. In the rating firms’ projections, revenue will increase 0.30% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 954.5M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 993.5M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 970M and 1.01B respectively. In this case, analysts expect current quarter sales to shrink by -1.60% and then drop by -1.70% in the coming quarter.
While earnings are projected to return 706.22% in 2024, the next five years will return 8.50% per annum.
GTX Dividends
Garrett Motion Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
