Latest news with #GarrettMotion
Yahoo
6 hours ago
- Automotive
- Yahoo
Why Garrett Motion (GTX) Might be Well Poised for a Surge
Garrett Motion (GTX) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this maker of vehicle turbocharging and electric-boosting gear is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For Garrett Motion, strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: 12 Month EPS Current-Quarter Estimate Revisions For the current quarter, the company is expected to earn $0.37 per share, which is a change of +54.2% from the year-ago reported number. The Zacks Consensus Estimate for Garrett Motion has increased 5.71% over the last 30 days, as one estimate has gone higher compared to no negative revisions. Current-Year Estimate Revisions The company is expected to earn $1.41 per share for the full year, which represents a change of +11.9% from the prior-year number. The revisions trend for the current year also appears quite promising for Garrett Motion, with one estimate moving higher over the past month compared to no negative revisions. The consensus estimate has also received a boost over this time frame, increasing 7.63%. Favorable Zacks Rank The promising estimate revisions have helped Garrett Motion earn a Zacks Rank #1 (Strong Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. Bottom Line Garrett Motion shares have added 24.6% over the past four weeks, suggesting that investors are betting on its impressive estimate revisions. So, you may consider adding it to your portfolio right away to benefit from its earnings growth prospects. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Garrett Motion Inc. (GTX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
5 days ago
- Automotive
- Yahoo
Why Garret Motion Stock Triumphed on Thursday
Key Points Management's raised guidance for the entirety of 2025 didn't hurt, either. It increased its forecasts for both sales and headline net income. 10 stocks we like better than Garrett Motion › The stop lights were green for automotive technology company Garrett Motion (NASDAQ: GTX) on Thursday at least as far as its stock was concerned. Investors bid Garrett up by more than 3% that day, due mainly to its encouraging set of quarterly earnings figures. That rise was notably higher than that of the S&P 500 index, which crawled less than 0.1% higher. An accelerating bottom line Garrett's second-quarter results, published Thursday morning, featured rises in key metrics. The company's net sales didn't exactly boom, but they did increase almost 3% year over year to $913 million. Generally accepted accounting principles (GAAP) net income rose more strongly, advancing by nearly 36% to $87 million. On a non-GAAP (adjusted), per-share basis, the bottom line grew by 48% to $0.43. Although the consensus analyst estimate was $918 million, Garrett crushed the adjusted bottom-line pundit forecast of $0.42. In the earnings release, Garrett attributed its improvements to broad gains in a number of cutting-edge product segments. It quoted CEO Olivier Rabiller as saying the company "reinforced our leadership in turbocharging, by securing awards for more than $1 billion in light vehicle program extensions while continuing to advance our zero-emission technologies, achieving new milestones in our e-powertrain, e-cooling, and fuel cell programs." Turbocharged guidance Garrett clearly believes the positive momentum will continue, as it raised both its top-line and profitability guidance for the entirety of 2025. The company is now projecting that net sales will come in at $3.4 billion to $3.6 billion (previous guidance: $3.3 billion to $3.5 billion). GAAP net income should be $233 million to $278 million, up from the former estimate of $209 million to $254 million. Should you invest $1,000 in Garrett Motion right now? Before you buy stock in Garrett Motion, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Garrett Motion wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $634,627!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,799!* Now, it's worth noting Stock Advisor's total average return is 1,037% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool recommends Garrett Motion. The Motley Fool has a disclosure policy. Why Garret Motion Stock Triumphed on Thursday was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-07-2025
- Automotive
- Yahoo
Is Adient (ADNT) Outperforming Other Auto-Tires-Trucks Stocks This Year?
Investors interested in Auto-Tires-Trucks stocks should always be looking to find the best-performing companies in the group. Has Adient (ADNT) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. Adient is one of 96 individual stocks in the Auto-Tires-Trucks sector. Collectively, these companies sit at #15 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups. The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Adient is currently sporting a Zacks Rank of #1 (Strong Buy). Within the past quarter, the Zacks Consensus Estimate for ADNT's full-year earnings has moved 7.8% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Based on the most recent data, ADNT has returned 28.4% so far this year. At the same time, Auto-Tires-Trucks stocks have lost an average of 11.7%. This means that Adient is outperforming the sector as a whole this year. Another Auto-Tires-Trucks stock, which has outperformed the sector so far this year, is Garrett Motion (GTX). The stock has returned 28.7% year-to-date. For Garrett Motion, the consensus EPS estimate for the current year has increased 4.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Breaking things down more, Adient is a member of the Automotive - Original Equipment industry, which includes 50 individual companies and currently sits at #89 in the Zacks Industry Rank. Stocks in this group have gained about 8.8% so far this year, so ADNT is performing better this group in terms of year-to-date returns. Garrett Motion is also part of the same industry. Adient and Garrett Motion could continue their solid performance, so investors interested in Auto-Tires-Trucks stocks should continue to pay close attention to these stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Adient (ADNT) : Free Stock Analysis Report Garrett Motion Inc. (GTX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-07-2025
- Automotive
- Yahoo
BNP Paribas Exane Initiates Coverage on Garrett Motion (GTX) Stock
Garrett Motion Inc. (NASDAQ:GTX) is one of the Best Performing EV Stocks So Far in 2025. BNP Paribas Exane initiated coverage on the company's stock with an 'Outperform' rating and a price objective of $14.00. The firm pointed to Garrett Motion Inc. (NASDAQ:GTX)'s robust profitability, FCF conversion, and a clear commitment to capital returns. The company's net sales for Q1 2025 came in at $878 million, with net income reaching $62 million. The company continued to return capital to shareholders via $30 million of common share repurchases and its first quarterly dividend amounting to $12 million. A close up of an engine piston with a commercial turbocharger attached. Garrett Motion Inc. (NASDAQ:GTX) strengthened its global leadership in turbocharging and won new business with established and new automakers, primarily in plug-in hybrid and range-extended electric platforms. Garrett Motion Inc. (NASDAQ:GTX) also joined the Russell 2000® Index after the market closed on June 27. The company has reached a milestone in the development of its E-Powertrain high-speed technologies and secured the first series production award from Hyundai, a leading axle supplier, to integrate Garrett's high-speed E-motor and inverter technology into their axle and transmission platforms for the heavy-duty commercial vehicles, with production aimed for 2027. Garrett Motion Inc. (NASDAQ:GTX)'s growing suite of zero-emission products revolutionizes sustainable mobility by providing advanced, efficient, and high-performing solutions for EV propulsion and thermal management. McIntyre Partnerships, an investment management company, released its Q4 2024 investor letter. Here is what the fund said: 'Garrett Motion Inc. (NASDAQ:GTX) is a leading manufacturer in the moat-rich turbocharger (TB) market, with a global end-market and industry-leading margins. As TBs are not used in battery electric vehicles (BEVs), the market has concerns about GTX's terminal value, which is suppressing its valuation. GTX trades ~5x my 2025 levered FCF with leverage at 2x EBITDA. Beyond its core business in TBs, GTX has a separate BEV growth story that is currently pre-revenue with high upfront costs, depressing GTX's reported run-rate FCF. As a result, I believe GTX is even cheaper on owners' earnings than the headline numbers suggest. Beyond its BEV investments, GTX has been using its FCF to buy back significant amounts of stock. Since 2022, GTX has retired almost one-third of its shares outstanding. If either BEV penetration is less bad than feared or GTX has success in its BEV investments, I believe GTX shares are significantly undervalued. While we acknowledge the potential of GTX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
04-07-2025
- Automotive
- Yahoo
Has GARRETT MOTION (GTX) Outpaced Other Auto-Tires-Trucks Stocks This Year?
Investors interested in Auto-Tires-Trucks stocks should always be looking to find the best-performing companies in the group. Has Garrett Motion (GTX) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. Garrett Motion is a member of the Auto-Tires-Trucks sector. This group includes 96 individual stocks and currently holds a Zacks Sector Rank of #16. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Garrett Motion is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for GTX's full-year earnings has moved 4% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Our latest available data shows that GTX has returned about 21.7% since the start of the calendar year. Meanwhile, the Auto-Tires-Trucks sector has returned an average of -14% on a year-to-date basis. As we can see, Garrett Motion is performing better than its sector in the calendar year. Strattec Security (STRT) is another Auto-Tires-Trucks stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 63.2%. Over the past three months, Strattec Security's consensus EPS estimate for the current year has increased 23.7%. The stock currently has a Zacks Rank #1 (Strong Buy). Breaking things down more, Garrett Motion is a member of the Automotive - Original Equipment industry, which includes 50 individual companies and currently sits at #90 in the Zacks Industry Rank. Stocks in this group have gained about 8.4% so far this year, so GTX is performing better this group in terms of year-to-date returns. Strattec Security is also part of the same industry. Investors with an interest in Auto-Tires-Trucks stocks should continue to track Garrett Motion and Strattec Security. These stocks will be looking to continue their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Garrett Motion Inc. (GTX) : Free Stock Analysis Report Strattec Security Corporation (STRT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
