Garrett Motion Inc. (GTX)


Stock Price Forecast

April 24, 2024


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About the Company

Garrett Motion Inc., formerly Honeywell Transportation Systems and Honeywell Turbo Technologies, is an American company primarily involved in engineering, development and manufacturing of turbochargers and related forced induction systems for ground vehicles from small passenger cars to large trucks and industrial equipment and construction machinery. It originated as part of Garrett AiResearch's Industrial Division in Phoenix, Arizona, in 1954, after which they entered a contract to provide 5,000 turbochargers for the Caterpillar mining vehicle. It manufactured turbochargers for railroads and commercial trucks. The business produced approximately $3.6 billion in revenue in 2021. Garrett Motion is also involved in motorsports providing turbochargers and forced induction systems, solutions and related equipment to racing teams and various forms of automobile racing and professional competitions. In 2004, the business became part of American industrial conglomerate Honeywell International, Inc., as their Transportation Systems division. In 2018, it was spun off to become an independent company under the Garrett Motion name with corporate headquarters in Rolle, Switzerland.

Sector

Manufacturing

Industry

Motor Vehicle Parts & Accessories

Employees

1071

Exchange

Nasdaq

$970M

Total Revenue

1K

Employees

$2B

Market Capitalization

18.94

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $GTX News

Garrett Motion Inc. (GTX) Q1 2024 Earnings: Misses Revenue Estimates, Aligns with EPS Projections

10h ago, source:

Full Year Outlook: Reiterated with net sales expected to be between $3.80 billion and $3.95 billion, and net income projected between $230 million and $275 million.

Honeywell Spinoff Defeats Investor Appeal Over Liabilities (1)

8d ago, source:

Garrett Motion Inc. investors didn’t adequately allege the Honeywell International Inc. spinoff’s leaders intended to deceive ...

Garrett Motion Inc (GTX) vs. Its Peers: A Comparison

6d ago, source: newsheater

During the last 5 trading sessions, GTX fell by -2.16%, which changed the moving average for the period of 200-days by +23.77% in comparison to the 20-day moving average, which settled at $9.70. In ...

Garrett Motion Inc Ordinary Shares - New

6d ago, source: Morningstar

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

Garrett Motion Stock (NASDAQ:GTX), Analyst Ratings, Price Targets, Predictions

17d ago, source: Benzinga.com

Garrett Motion Inc has a consensus price target of $15, established from looking at the 3 latest analyst ratings. The last 3 analyst ratings were released from BWS Financial, BWS Financial ...

Garrett Motion Inc (GTX) Analyst Thoughts: How High Can It Go?

13d ago, source:

Garrett Motion Inc (NASDAQ:GTX) concluded the trading at $9.50 on Friday, April 12 with a fall of -3.55% from its closing price on previous day.

Buy Rating for Garrett Motion Backed by Strategic Shift Towards Zero Emission and Hybrid Market Growth

17d ago, source: Business Insider

Begin your TipRanks Premium journey today. Garrett Motion (GTX) Company Description: Garrett Motion, Inc. provides automobile technology. The firm engages in the designing, manufacturing and ...

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