Garrett Motion: Deleveraging Progress Not Yet Reflected In Its Share Price [Seeking Alpha]
Garrett Motion Inc. (GTX)
Last garrett motion inc. earnings: 2/27 07:00 am
Check Earnings Report
Company Research
Source: Seeking Alpha
11min Summary Shares are down more than 15% this year on fears related to its declining sales. Despite ongoing macroeconomic headwinds, the business continues to generate strong FCF, which has been deployed towards deleveraging and share repurchases. Shares are valued at just 5.5 times this year's FCF, which is a significant discount to peers. I expect shares to nearly double by 2027, which leads me to rate GTX stock as a Buy. Monty Rakusen/DigitalVision via Getty Images Investment thesis Since emerging from bankruptcy in 2021, Garrett Motion ( NASDAQ: GTX ) has effectively capitalized on its leading position in the turbocharger market, driving solid sales and impressive FCF margins. This has enabled the company to drastically lower the amount of debt on its balance sheet as well as repurchase its own shares. Despite strong execution by management thus far, the market has been unwilling to reward the stock with a valuation multiple in line with peers. I reckon this is
Show less
Read more
Impact Snapshot
Event Time:
GTX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GTX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GTX alerts
High impacting Garrett Motion Inc. news events
Weekly update
A roundup of the hottest topics
GTX
News
- Garrett Motion Is Too Cheap To Ignore [Seeking Alpha]Seeking Alpha
- Garrett Motion Inc. (NYSE: GTX) had its "buy" rating re-affirmed by analysts at BWS Financial. They now have a $12.00 price target on the stock.MarketBeat
- Is There Now An Opportunity In Garrett Motion Inc. (NASDAQ:GTX)? [Yahoo! Finance]Yahoo! Finance
- Compressor Market Set to Reach Valuation of USD 251.23 Billion By 2050 | Astute Analytica [Yahoo! Finance]Yahoo! Finance
- Why Are Street Analysts Bullish on Garrett Motion Inc. (GTX) Right Now? [Yahoo! Finance]Yahoo! Finance
GTX
Earnings
- 7/25/24 - Beat
GTX
Sec Filings
- 8/2/24 - Form 4
- 7/31/24 - Form 144
- 7/25/24 - Form 10-Q
- GTX's page on the SEC website