In the latest trading session,, 0.95 million Garrett Motion Inc (NASDAQ:GTX) shares changed hands as the company’s beta touched 0.08. With the company’s most recent per share price at $10.77 changed hands at -$1.13 or -9.54% at last look, the market valuation stands at $2.18B. GTX’s current price is a discount, trading about -12.26% off its 52-week high of $12.09. The share price had its 52-week low at $7.01, which suggests the last value was 34.91% up since then.
Garrett Motion Inc (NASDAQ:GTX) trade information
Instantly GTX was in red as seen in intraday trades today. With action -10.59%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 19.21%, with the 5-day performance at -10.59% in the red. However, in the 30-day time frame, Garrett Motion Inc (NASDAQ:GTX) is 19.48% up.
Garrett Motion Inc (GTX) estimates and forecasts
Year-over-year growth is forecast to reach 0.06% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 891M. 1 analysts are of the opinion that Garrett Motion Inc’s revenue for the current quarter will be 861M. The company’s revenue for the corresponding quarters a year ago was 890M and 826M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.11%. The estimates for the next quarter sales put growth at 4.24%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -21.13%. The 2025 estimates are for Garrett Motion Inc earnings to decrease by -10.46%.
GTX Dividends
Garrett Motion Inc is expected to release its next quarterly earnings report in June. The 0.56% annual yield figure for the share gives it an annual dividend of 0.06. It is important to note, however, that the 0.56% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
CENTERBRIDGE PARTNERS, L.P. holds the second largest percentage of outstanding shares, with 16.9691% or 38.07 million shares worth $326.98 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and EQ Advisors Trust-1290 VT GAMCO Small Company Value Portfolio . With 1.83 shares estimated at $19.49 million under it, the former controlled 0.90% of total outstanding shares. On the other hand, EQ Advisors Trust-1290 VT GAMCO Small Company Value Portfolio held about 0.54% of the shares, roughly 1.1 shares worth around $11.74 million.
