On Tuesday, Garrett Motion Inc (NASDAQ: GTX) opened lower -0.83% from the last session, before settling in for the closing price of $8.47. Price fluctuations for GTX have ranged from $7.13 to $10.16 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 3.28% over the past five years. Company’s average yearly earnings per share was noted 687.00% at the time writing. With a float of $204.81 million, this company’s outstanding shares have now reached $214.69 million.
Let’s look at the performance matrix of the company that is accounted for 9700 employees. 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 Updates
A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of Garrett Motion Inc is 4.10%, while institutional ownership is 91.04%. 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) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.22 earnings per share (EPS) for the quarter, besting the agreed prediction (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
Check out the current performance indicators for Garrett Motion Inc (GTX). In the past quarter, the stock posted a quick ratio of 0.72. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.50. Likewise, its price to free cash flow for the trailing twelve months is 5.62.
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)
Garrett Motion Inc (NASDAQ: GTX) saw its 5-day average volume 0.75 million, a negative change from its year-to-date volume of 0.92 million. As of the previous 9 days, the stock’s Stochastic %D was 76.23%. Additionally, its Average True Range was 0.26.
During the past 100 days, Garrett Motion Inc’s (GTX) raw stochastic average was set at 43.05%, which indicates a significant decrease from 69.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.05% in the past 14 days, which was lower than the 37.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.98, while its 200-day Moving Average is $8.74. Nevertheless, the first resistance level for the watch stands at $8.49 in the near term. At $8.57, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.66. If the price goes on to break the first support level at $8.32, it is likely to go to the next support level at $8.23. Assuming the price breaks the second support level, the third support level stands at $8.15.
Garrett Motion Inc (NASDAQ: GTX) Key Stats
There are currently 213,562K shares outstanding in the company with a market cap of 1.79 billion. Presently, the company’s annual sales total 3,886 M according to its annual income of 261,000 K. Last quarter, the company’s sales amounted to 826,000 K and its income totaled 52,000 K.
