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
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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
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GTX
News
- Garrett Motion Inc. (GTX): This Small-Cap Stock Is Ready To Explode [Yahoo! Finance]Yahoo! Finance
- We Think Garrett Motion's (NASDAQ:GTX) Healthy Earnings Might Be Conservative [Yahoo! Finance]Yahoo! Finance
- Implied Volatility Surging for Garrett Motion (GTX) Stock Options [Yahoo! Finance]Yahoo! Finance
- Earnings Miss: Garrett Motion Inc. Missed EPS By 19% And Analysts Are Revising Their Forecasts [Yahoo! Finance]Yahoo! Finance
- Garrett Motion Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
GTX
Earnings
- 10/24/24 - Miss
GTX
Sec Filings
- 11/19/24 - Form 144
- 11/14/24 - Form SC
- 11/5/24 - Form 4
- GTX's page on the SEC website