Garrett Motion Inc (NASDAQ:GTX) does about 1.86M shares in volume on a normal day but saw 2922529 shares change hands in the recent trading day. The company now has a market cap of 2.28B USD. Its current market price is $11.28, marking an increase of 2.92% compared to the previous close of $10.96. The 52 week high reached by this stock is $12.09 whilst the lowest price level in 52 weeks is $7.01.
The consensus objective for the share price is $14.00, suggesting that the stock has a potential upside of 19.43% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on June 03, 2021 when BWS Financial initiated the stock to “Buy” and issued a price target of $15.
The current price level is 0.87%, 16.51%, and 27.08% away from its SMA20, SMA50, and SMA200 respectively, with the GTX price moving below the 50-day SMA on current market day. Garrett Motion Inc (GTX) stock is down -5.61% over the week and 23.28% over the past month. Its price is 24.92% year-to-date and 26.32% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. In addition, estimates put the company’s current quarterly revenue at an average of $891M.
To reach the target analysts have set, the stock logically needs to grow 19.43 percent from here.
Outstanding shares total 203.93M with insiders holding 0.67% of the shares and institutional holders owning 91.94% of the company’s common stock. The company has a return on investment of 34.62%. The price to earnings ratio (P/E ratio) amounts to 8.73. The beta has a value of 0.05. Price to sales ratio is 0.66.
