Streetbeat News

GTX

Garrett Motion Inc.

https://www.garrettmotion.com

Industry

Auto - Parts

Garrett Motion Inc., together with its subsidiaries, designs, manufactures, and sells turbocharger and electric-boosting technologies for light and commercial vehicle original equipment manufacturers worldwide. The company offers light vehicle gasoline and diesel, and commercial vehicle turbochargers; and provides automotive software solutions. It offers its products in the aftermarket through distributors. Garrett Motion Inc. was incorporated in 2018 and is headquartered in Rolle, Switzerland.

Open

9.50

Mkt cap

Volume

693K

High

9.61

P/E Ratio

7.77

52-wk high

10.16

Low

9.37

Div yield

N/A

52-wk low

7.13

The options market is indicating potential significant movements in Garrett Motion (GTX) stock, suggesting investors should monitor it closely.

Portfolio Pulse from

December 16, 2024 | 3:45 pm

Garrett Motion (GTX) has announced a long-term capital allocation framework to return at least 75% of its Adjusted Free Cash Flow to shareholders through dividends and buybacks.

Portfolio Pulse from

December 10, 2024 | 3:00 pm

Garrett Motion Inc. (Nasdaq: GTX) has announced a long-term capital allocation framework, including a new quarterly dividend and a $250 million share repurchase program for 2025. The company aims to return 75% or more of its Adjusted Free Cash Flow to shareholders.

Portfolio Pulse from

December 05, 2024 | 2:30 pm

Ultragenyx presented positive Phase 1/2 data for GTX-102, a treatment for Angelman Syndrome, at FAST's 17th Annual Global Science Summit. The data showed improvements across all domains, confirming that the Phase 3 Aspire study is well-powered to establish efficacy.

Portfolio Pulse from

November 09, 2024 | 3:45 pm

BWS Financial analyst Hamed Khorsand has reiterated a Buy rating for Garrett Motion (NASDAQ:GTX) and maintained a price target of $12.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 1:35 pm

Garrett Motion Inc. (NASDAQ:GTX) reported a 14% decline in Q3 sales, missing expectations, and lowered its FY24 sales guidance due to weak vehicle demand and industry challenges. The company's shares fell 7.58% following the announcement.

Portfolio Pulse from Lekha Gupta

October 24, 2024 | 3:46 pm

IBM and several other major stocks, including ICON, Garrett Motion, Beyond, Carrier Global, and Spirit Airlines, experienced declines in pre-market trading due to disappointing third-quarter financial results.

Portfolio Pulse from Avi Kapoor

October 24, 2024 | 12:34 pm

Garret Motion's shares declined following disappointing Q3 sales results and lower-than-expected FY24 net sales guidance.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 12:20 pm

Garrett Motion has projected its fiscal year 2024 net sales to be between $3.4 billion and $3.5 billion, which is below the estimated $3.56 billion.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 10:59 am

Garrett Motion reported Q3 sales of $826 million, missing the estimated $851 million.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 10:57 am

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