Is Garrett Motion Inc. (GTX) a Buy? The Stock Rises Again

The stock of Garrett Motion Inc. (NYSE:GTX) is a huge mover today! The stock increased 6.50% or $0.7 during the last trading session, reaching $11.47. About 1.45M shares traded or 61.02% up from the average. Garrett Motion Inc. (NYSE:GTX) has 0.00% since September 11, 2018 and is . It has by 0.00% the S&P500.
The move comes after 6 months positive chart setup for the $806.72M company. It was reported on Sep, 11 by Barchart.com. We have $12.16 PT which if reached, will make NYSE:GTX worth $48.40 million more.

Analysts await Garrett Motion Inc. (NYSE:GTX) to report earnings on October, 29. GTX’s profit will be $52.75M for 3.82 P/E if the $0.75 EPS becomes a reality. After $0.86 actual earnings per share reported by Garrett Motion Inc. for the previous quarter, Wall Street now forecasts -12.79 % negative EPS growth.

More notable recent Garrett Motion Inc. (NYSE:GTX) news were published by: Seekingalpha.com which released: “Valuation On Honeywell’s New Spin-Off: Garrett Motion Inc. – Seeking Alpha” on October 05, 2018, also Seekingalpha.com with their article: “What Should Honeywell Stockholders Do With Their New Shares In Garrett Motion? – Seeking Alpha” published on September 23, 2018, Seekingalpha.com published: “Assessing The Prospects For Garrett Motion – Seeking Alpha” on June 11, 2019. More interesting news about Garrett Motion Inc. (NYSE:GTX) were released by: Seekingalpha.com and their article: “Garrett Motion Inc. (GTX) CEO Olivier Rabiller on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” published on February 20, 2019 as well as Marketwatch.com‘s news article titled: “Garrett Motion Inc. – MarketWatch” with publication date: November 26, 2017.

Garrett Motion Inc. designs, manufactures, and sells turbocharger and electric boosting technologies for light and commercial vehicle original equipment manufacturers and the aftermarket worldwide. The company has market cap of $806.72 million.

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