Garrett Motion Is Attractive Based On Value And Spin Dynamics [Seeking Alpha]
Garrett Motion Inc. (GTX)
Last garrett motion inc. earnings: 2/27 07:00 am
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Source: Seeking Alpha
Garrett Motion Is Attractive Based On Value And Spin Dynamics Summary Garrett Motion is a cheap stock trading at 6.4x EV/EBITDA. The high correlation with the other recent Honeywell spin-off in a separate industry suggest technical issues may be driving pricing to current lows. Yes, it's an automotive supplier, but it has a superior market position with technology leaderships and its products may grow share over time. The business operates in a duopoly market, suggesting some pricing power, and new products are being launched to better position the company for hybrid vehicles. The worst of the spinoff dynamics may now be over, creating a runway for stock appreciation on the back of valuation support. Garrett Motion (NYSE: GTX Garrett Motion was spun off from Honeywell ( HON GTX Jan 2019 Presentation Not A Commodity Product Garrett's products are not commodities. In fact, Garrett is one of only a handful of primary providers spent billions This matters because it suggests pricing power
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GTX
News
- Garrett Motion Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Garrett Motion Reports First Quarter 2024 Financial ResultsGlobeNewswire
- Should Value Investors Buy Garrett Motion (GTX) Stock? [Yahoo! Finance]Yahoo! Finance
- Garrett Motion to Hold First Quarter 2024 Financial Results Conference Call on Thursday April 25, 2024GlobeNewswire
- Unveiling Garrett Motion's Growth Strategies, FCF Growth, And Current Undervaluation [Seeking Alpha]Seeking Alpha
GTX
Earnings
- 4/25/24 - Beat
GTX
Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/12/24 - Form ARS
- GTX's page on the SEC website