Garrett Motion Reports Third Quarter 2024 Financial Results Updates Full Year 2024 Outlook
| GTX Stock | USD 8.37 0.11 1.30% |
Slightly above 62% of Garrett Motion's investor base is looking to short. The analysis of overall sentiment of trading Garrett Motion stock suggests that many investors are alarmed at this time. Garrett Motion's investing sentiment can be driven by a variety of factors including economic data, Garrett Motion's earnings reports, geopolitical events, and overall market trends.
Garrett |
Garrett Motion Reports Third Quarter 2024 Financial Results Updates Full Year 2024 Outlook...
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Garrett Motion Fundamental Analysis
We analyze Garrett Motion's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Garrett Motion using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Garrett Motion based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Sales
Price To Sales Comparative Analysis
Garrett Motion is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Garrett Motion Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Garrett Motion stock to make a market-neutral strategy. Peer analysis of Garrett Motion could also be used in its relative valuation, which is a method of valuing Garrett Motion by comparing valuation metrics with similar companies.
Peers
Garrett Motion Related Equities
| PRDO | Perdoceo Education | 0.91 | ||||
| INVA | Innoviva | 0.47 | ||||
| REZI | Resideo Technologies | 0.66 | ||||
| ASIX | AdvanSix | 0.91 | ||||
| EAF | GrafTech International | 3.79 |
Additional Tools for Garrett Stock Analysis
When running Garrett Motion's price analysis, check to measure Garrett Motion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Garrett Motion is operating at the current time. Most of Garrett Motion's value examination focuses on studying past and present price action to predict the probability of Garrett Motion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Garrett Motion's price. Additionally, you may evaluate how the addition of Garrett Motion to your portfolios can decrease your overall portfolio volatility.