Garrett Motion Inc. Stock News

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Garrett Motion Inc (NASDAQ: GTX ) reported a fourth-quarter sales decline of 14% year-over-year to $862 million, -13% on a constant currency basis, missing the consensus of $863 million. The decrease in net sales was driven by global semiconductor shortage sales across all product lines, mainly in passenger vehicles. EPS was $0.29, compared to … Full story available on Benzinga.com

Garrett Motion press release (GTX): Q4 GAAP EPS of $0.29 beats by $0.10.Revenue of $862M (-14% Y/Y) misses by $1M.Shares +4.6% PMAdjusted EBITDA totaled $129 million; Adjusted

Companies Reporting Before The Bell • Weber (NYSE: WEBR ) is projected to report quarterly loss at $0.06 per share on revenue of $310.78 million. • Kelly Services (NASDAQ: KELYB ) is expected to report earnings for its fourth quarter. • Westwater Resources (AMEX: WWR ) is likely to report earnings for its fourth quarter. • Scorpio Tankers (NYSE: STNG ) is expected to report quarterly loss at $0.75 per share on revenue of $151.10 million. • Kelly Services (NASDAQ: KELYA ) is expected to report quarterly earnings at $0.28 per share on revenue of $1.30 billion. • Garrett Motion (NASDAQ: GTX ) is projected to report quarterly earnings at $0.19 per share on revenue of $863.00 million. • Applied Genetic (NASDAQ: AGTC ) is expected to report earnings for its second quarter. • Alexander''s (NYSE: ALX ) is projected to report earnings for its fourth quarter. • Acasti Pharma (NASDAQ: ACST ) is estimated to report earnings for its third quarter. • Roivant Sciences (NASDAQ: ROIV ) is estimated to report earnings for its third quarter. • Olink Holding (NASDAQ: OLK ) is expected to report earnings for its fourth quarter. • Treehouse Foods (NYSE: THS ) is likely to report quarterly earnings at $0.09 per share on revenue of $1.12 billion. • Hawaiian Electric Indus (NYSE: HE ) is expected to report quarterly earnings at $0.42 per share on revenue of $681.34 million.

Over the past three months, shares of Garrett Motion (NASDAQ: GTX ) decreased by 9.01%. Before we understand the importance of debt, let us look at how much debt Garrett Motion has. Check out this: Insiders Buy Over $43M Of 4 Stocks Garrett Motion''s Debt Based on Garrett Motion''s balance sheet as of October 28, 2021, long-term debt is at $1.20 billion and current debt is at $5.00 million, amounting to $1.20 billion in total debt. Adjusted for $456.00 million in cash-equivalents, the company''s net debt is at $744.00 million. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due Full story available on Benzinga.com

Alluvial Capital Management, an investment management firm, published its fourth-quarter 2021 investor letter a copy of which can be downloaded here.

Dana Incorporated: A Solid Play For Value Investors

Garrett Motion Inc. (NASDAQ:GTX) shares, rose in value on Friday, 12/17/21, with the stock price down by -2.79% to the previous days close as strong demand from buyers drove the stock to $7.32. Actively observing the price movement in the last trading, the stock closed the session at $7.53, falling within a range of $7.281 Garrett Motion Inc. (NASDAQ: GTX): Aiming For A Higher Share Price Read More »

Actions expected to result in more than $400 million in further de-leveraging and improved financial flexibility Actions expected to result in more than $400 million in further de-leveraging and improved financial flexibility

Shares of Garrett Motion Inc. (NYSE:GTX) gapped up prior to trading on Monday . The stock had previously closed at $7.21, but opened at $7.50. Garrett Motion shares last traded at $7.76, with a volume of 877 shares trading hands. Separately, Zacks Investment Research cut Garrett Motion from a hold rating to a sell rating []

Canoo (NYSE:GOEV) and Garrett Motion (NYSE:GTX) are both auto/tires/trucks companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, analyst recommendations, risk, profitability, earnings, institutional ownership and dividends. Analyst Ratings This is a summary of current ratings and price targets for Canoo and Garrett Motion, [] The post Financial Contrast: Canoo (NYSE:GOEV) versus Garrett Motion (NYSE:GTX) appeared first on ETF Daily News .