Added to YB: 2025-05-22
Pitch date: 2025-05-21
GTX [neutral]
Garrett Motion Inc.
+137.32%
current return
Author Info
No bio for this author
Company Info
Garrett Motion Inc. designs, manufactures, and sells turbocharging, air and fluid compression, and high-speed electric motor technologies to original equipment manufacturers and independent aftermarket distributors in the mobility and industrial fields.
Market Cap
$5.2B
Pitch Price
$11.12
Price Target
N/A
Dividend
1.15%
EV/EBITDA
9.56
P/E
15.37
EV/Sales
1.72
Sector
Automobile Components
Category
N/A
GTX Announces Secondary Offering and Buyback
GTX (update): 17M secondary offering from large holders (no share dilution) with 2M concurrent buyback ($25M max) reducing total shares. Increased public float positive for potential mid-cap index inclusion. Selling shareholders maintaining significant positions post-offering, suggesting confidence despite profit-taking after Chapter 11 exit.
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