Garrett Motion Inc (NASDAQ:GTX) has a beta value of 0.01 and has seen 1.86 million shares traded in the recent trading session. The company, currently valued at $1.99B, closed the recent trade at $9.82 per share which meant it gained $0.1 on the day or 1.08%% during that session. The GTX stock price is -23.12% off its 52-week high price of $12.09 and 28.62% above the 52-week low of $7.01. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.62 million shares traded. The 3-month trading volume is 2.12 million shares.
Garrett Motion Inc (NASDAQ:GTX) trade information
Sporting 1.08%% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the GTX stock price touched $9.82 or saw a rise of 5.58%. Year-to-date, Garrett Motion Inc shares have moved 16.69%, while the 5-day performance has seen it change -5.26%. Over the past 30 days, the shares of Garrett Motion Inc (NASDAQ:GTX) have changed -12.12%. Short interest in the company has seen 6.03 million shares shorted with days to cover at 2.34.
Garrett Motion Inc (GTX) estimates and forecasts
The company’s shares have gained 7.03% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 0.06%.
1 analysts offering their estimates for the company have set an average revenue estimate of 891M for the current quarter. 1 have an estimated revenue figure of 861M for the next ending quarter. Year-ago sales stood 890M and 826M respectively for this quarter and the next, and analysts expect sales will grow by 0.11% for the current quarter and 0.06% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -21.13% over the past 5 years.
GTX Dividends
Garrett Motion Inc is expected to release its next earnings report on 2025-May-01 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.12 at a share yield of 1.22%. The company’s dividend yield has gone up over the past 12 months.
Garrett Motion Inc (NASDAQ:GTX)’s Major holders
Insiders own 0.68% of the company shares, while shares held by institutions stand at 86.90% with a share float percentage of 87.50%. Investors are also buoyed by the number of investors in a company, with Garrett Motion Inc having a total of 370.0 institutions that hold shares in the company. The top two institutional holders are OAKTREE CAPITAL MANAGEMENT LP with over 44.08 million shares worth more than $378.67 million. As of 2024-06-30, OAKTREE CAPITAL MANAGEMENT LP held 19.6516% of shares outstanding.
The other major institutional holder is CENTERBRIDGE PARTNERS, L.P., with the holding of over 38.07 million shares as of 2024-06-30. The firm’s total holdings are worth over $326.98 million and represent 16.9691% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and EQ Advisors Trust-1290 VT GAMCO Small Company Value Portfolio . As of Mar 31, 2025 , the former fund manager holds about 0.93% shares in the company for having 1.89 shares of worth $18.68 million while later fund manager owns 1.1 shares of worth $10.87 million as of Mar 31, 2025 , which makes it owner of about 0.54% of company’s outstanding stock.
