Garrett Motion Inc [NASDAQ: GTX] price surged by 2.04 percent to reach at $2179989.71.
A sum of 24601862 shares traded at recent session while its average daily volume was at 2.18M shares. Garrett Motion Inc shares reached a high of $10.565 and dropped to a low of $10.3 until finishing in the latest session at $2180000.0.
The one-year GTX stock forecast points to a potential downside of -15571328.57. The average equity rating for GTX stock is currently 2.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Garrett Motion Inc [GTX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GTX shares is $14.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GTX stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BWS Financial have made an estimate for Garrett Motion Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 03, 2021.
Price to Free Cash Flow for GTX in the course of the last twelve months was 7.21 with Quick ratio for the last quarter at 0.77.
GTX Stock Performance Analysis:
Garrett Motion Inc [GTX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.00. With this latest performance, GTX shares dropped by -3.31% in over the last four-week period, additionally plugging by 16.67% over the last 6 months – not to mention a rise of 16.28% in the past year of trading.
Insight into Garrett Motion Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Garrett Motion Inc [GTX] shares currently have an operating margin of 14.17% and a Gross Margin at 26.00%. Garrett Motion Inc’s Net Margin is presently recorded at 8.09%.
Return on Equity for this stock inclined to 11.77%, with Return on Assets sitting at 11.77%.
Garrett Motion Inc [GTX] Institutonal Ownership Details
There are presently around $86.90%, or 87.50% of GTX stock, in the hands of institutional investors. The top three institutional holders of GTX stocks are: OAKTREE CAPITAL MANAGEMENT LP with ownership of 44.08 million shares, which is approximately 19.6516%. CENTERBRIDGE PARTNERS, L.P., holding 38.07 million shares of the stock with an approximate value of $$326.98 million in GTX stocks shares; and CENTERBRIDGE PARTNERS, L.P., currently with $$234.86 million in GTX stock with ownership which is approximately 12.1884%.
