A Few Bright Spots In Garrett Motion Inc (NASDAQ: GTX)

Garrett Motion Inc (NASDAQ:GTX) currently has a daily average trading volume of 1.85M but it saw 3368590 shares traded in last market. With a market cap of 2.27B USD, the company’s current market price of $11.18 came rising about 8.02 while comparing to the previous closing price of $10.35. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.09 and as low as $7.01.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BWS Financial which initiated the stock as “Buy” in its note to investors issued on June 03, 2021, recommending a price target of $15 for it.

Over the week, GTX’s stock price is moving -5.89% down while it is 19.57% when we observe its performance for the past one month. Year-to-date it is 23.81% up and over the past year, the stock is showing an upside performance of 20.09%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. Moreover, analysts are in estimates of $891M for current-quarter revenue.

Currently, Garrett Motion Inc’s total number of outstanding shares is 203.93M with 0.67% of that held by the insiders while 91.94% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 34.62%. It has a price to earnings ratio (P/E ratio) of 8.66. Stock’s beta reads -0.01. Stock has a price to sale or P/S ratio amounts to 0.66. Its return on asset (ROA) is 11.77% on average.