Analysts Point To Garrett Motion Inc (NASDAQ: GTX) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NASDAQ listed company, GTX falls under the Consumer Cyclical sector while operating within the Auto Parts industry segment. The current market capitalization of Garrett Motion Inc is $2.03B. A total of 1.09 million shares were traded on the day, compared to an average of 977.43K shares.

In the most recent transaction, Centerbridge Special Credit Pa sold 119,279 shares of GTX for 9.56 per share on May 16 ’24. After the transaction, the 10% Owner now owns 26,821,690 company shares. In a previous transaction on Apr 09 ’24, CYRUS CAPITAL PARTNERS, L.P. sold 271,889 shares at 9.99 per share. GTX shares that 10% Owner owns now total 27,341,177.

Among the insiders who sold shares, CYRUS CAPITAL PARTNERS, L.P. disposed of 58,306 shares on Apr 08 ’24 at a per-share price of $9.96. This resulted in the 10% Owner holding 27,613,066 shares of GTX after the transaction. In another insider transaction, CYRUS CAPITAL PARTNERS, L.P. sold 163,027 shares at $10.00 per share on Apr 01 ’24. Company shares held by the 10% Owner now total 27,671,372.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, GTX has a high of $10.16 and a low of $6.43.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. GTX’s latest balance sheet shows that the firm has $423.00M in Cash & Short Term Investments as of fiscal 2021. There were $1.24B in debt and $1.51B in liabilities at the time. Its Book Value Per Share was -$3.23, while its Total Shareholder’s Equity was -$468.00M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GTX is Buy with a score of 4.00.

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