Previous close | 9.85 |
Open | 9.33 |
Bid | 9.84 x 100 |
Ask | 9.90 x 100 |
Day's range | 8.78 - 9.99 |
52-week range | 6.43 - 10.16 |
Volume | |
Avg. volume | 1,160,764 |
Market cap | 2.245B |
Beta (5Y monthly) | 1.28 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.31 |
Earnings date | 25 Jul 2024 - 29 Jul 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 14.00 |
Insights into Garrett Motion's Financial Performance and Strategic Focus
Garrett Motion (GTX) delivered earnings and revenue surprises of 27.27% and 2.45%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
First Quarter 2024 Highlights Net sales totaled $915 million, down 6% on a reported basis and 5% at constant currency*Net income totaled $66 million; Net income margin 7.2%Adjusted EBITDA* totaled $151 million; Adjusted EBITDA margin* of 16.5%Net cash provided by operating activities totaled $84 millionAdjusted free cash flow* totaled $68 millionRepurchased $109 million of Common Stock Reiterated Full Year 2024 Outlook Net sales of $3,870 million, flat on a reported and constant currency basis*N