Garrett Motion Inc (NASDAQ: GTX) kicked off on Tuesday, up 1.19% from the previous trading day, before settling in for the closing price of $8.38. Over the past 52 weeks, GTX has traded in a range of $7.13-$10.16.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 3.28%. While this was happening, its average annual earnings per share was recorded 687.00%. With a float of $204.81 million, this company’s outstanding shares have now reached $238.25 million.
Considering the fact that the conglomerate employs 9700 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 19.91%, operating margin of 9.84%, and the pretax margin is 8.72%.
Garrett Motion Inc (GTX) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Auto Parts Industry. The insider ownership of Garrett Motion Inc is 4.10%, while institutional ownership is 91.05%. The most recent insider transaction that took place on Oct 29 ’24, was worth 373,490. Before that another transaction happened on Oct 29 ’24, when Company’s SVP, Integrated Supply Chain sold 50,000 for $7.47, making the entire transaction worth $373,500. This insider now owns 140,509 shares in total.
Garrett Motion Inc (GTX) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.22 earnings per share (EPS), higher than consensus estimate (set at 0.22) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.31 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 687.00% per share during the next fiscal year.
Garrett Motion Inc (NASDAQ: GTX) Trading Performance Indicators
Take a look at Garrett Motion Inc’s (GTX) current performance indicators. Last quarter, stock had a quick ratio of 0.72. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.51. Likewise, its price to free cash flow for the trailing twelve months is 5.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.01, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 1.29 in one year’s time.
Technical Analysis of Garrett Motion Inc (GTX)
Compared to the last year’s volume of 0.93 million, its volume of 1.19 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 80.09%. Additionally, its Average True Range was 0.25.
During the past 100 days, Garrett Motion Inc’s (GTX) raw stochastic average was set at 45.76%, which indicates a significant decrease from 84.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.95% in the past 14 days, which was lower than the 37.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.95, while its 200-day Moving Average is $8.75. Nevertheless, the first resistance level for the watch stands at $8.59 in the near term. At $8.70, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.83. If the price goes on to break the first support level at $8.35, it is likely to go to the next support level at $8.22. Should the price break the second support level, the third support level stands at $8.11.
Garrett Motion Inc (NASDAQ: GTX) Key Stats
The company with the Market Capitalisation of 1.81 billion has total of 213,562K Shares Outstanding. Its annual sales at the moment are 3,886 M in contrast with the sum of 261,000 K annual income. Company’s last quarter sales were recorded 826,000 K and last quarter income was 52,000 K.
