$0.65 Earnings Per Share Expected for Garrett Motion (GTX) This Quarter

Equities research analysts expect that Garrett Motion (NYSE:GTX) will report earnings per share of $0.65 for the current fiscal quarter, according to Zacks. Zero analysts have issued estimates for Garrett Motion’s earnings. The business is scheduled to issue its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that Garrett Motion will report full-year earnings of $4.00 per share for the current fiscal year. For the next financial year, analysts anticipate that the firm will post earnings of $3.00 per share. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that follow Garrett Motion.

A number of research analysts recently weighed in on GTX shares. Barclays started coverage on Garrett Motion in a report on Tuesday, October 9th. They set an “equal weight” rating and a $16.00 price objective on the stock. Bank of America started coverage on Garrett Motion in a report on Tuesday, October 2nd. They set an “underperform” rating and a $15.00 price objective on the stock. Finally, Royal Bank of Canada started coverage on Garrett Motion in a report on Monday, October 1st. They set an “underperform” rating and a $14.00 price objective on the stock.



A number of hedge funds have recently made changes to their positions in the stock. FNY Investment Advisers LLC acquired a new position in Garrett Motion during the third quarter worth $449,000. Massachusetts Financial Services Co. MA acquired a new position in Garrett Motion during the third quarter worth $30,090,000. Strs Ohio acquired a new position in Garrett Motion during the third quarter worth $1,385,000. Finally, America First Investment Advisors LLC acquired a new position in Garrett Motion during the third quarter worth $6,114,000. 0.55% of the stock is currently owned by hedge funds and other institutional investors.

Garrett Motion stock opened at $14.80 on Tuesday. Garrett Motion has a 12 month low of $13.33 and a 12 month high of $22.00.

About Garrett Motion

There is no company description available for Garrett Motion Inc

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