BWS Financial initiated coverage on Garrett Motion with a new price target
$GTX
Auto Parts:O.E.M.
Consumer Discretionary
BWS Financial initiated coverage of Garrett Motion with a rating of Buy and set a new price target of $15.00
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4 - Garrett Motion Inc. (0001735707) (Issuer)
4 - Garrett Motion Inc. (0001735707) (Issuer)
4 - Garrett Motion Inc. (0001735707) (Issuer)
BWS Financial initiated coverage of Garrett Motion with a rating of Buy and set a new price target of $15.00
SCHEDULE 13D/A - Garrett Motion Inc. (0001735707) (Subject)
SCHEDULE 13D/A - Garrett Motion Inc. (0001735707) (Subject)
SD - Garrett Motion Inc. (0001735707) (Filer)
PLYMOUTH, Mich. and ROLLE, Switzerland, May 20, 2025 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX) ("Garrett" or the "Company"), a leading differentiated automotive technology provider, today announced a proposed secondary public offering of 17,000,000 shares of the Company's common stock held by certain entities managed by affiliates of Oaktree Capital Management, L.P., Centerbridge Partners, L.P. and Cyrus Capital Partners, L.P. (collectively, the "Selling Stockholders"). The underwriters will have a 30-day option to purchase at their own election up to an additional 2,550,000 shares of common stock from the Selling Stockholders. The Selling Stockholders will receive all of the ne
First Quarter 2025 Financial Highlights Net sales totaled $878 million, down 4% on a reported basis and down 2% on a constant currency* basisNet income totaled $62 million; Net income margin of 7.1%Adjusted EBIT* totaled $131 million; Adjusted EBIT margin* of 14.9%Net cash provided by operating activities totaled $56 millionAdjusted free cash flow* totaled $36 millionReiterating full-year outlook First Quarter 2025 Business Highlights Continue to win across all turbo, plug-in hybrids and range extended electric vehicle applications Secured new wins in Asia and Europe for commercial vehicles and industrial power generation applications Won first major series production award fo
ROLLE, Switzerland and PLYMOUTH, Mich., April 23, 2025 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX), a leading differentiated automotive technology provider and Shaanxi Hande Axle Co., Ltd. (HanDe), a leading Chinese axle manufacturer for commercial vehicles, have signed a strategic agreement, including a series production award, to co-develop and manufacture advanced electric beam axle systems for medium and heavy-duty trucks. The signing took place today at the Shanghai Auto Show—China's flagship platform for mobility innovation—marking a significant milestone in the electrification of commercial transport. Right after signing: Mr. Olivier Rabiller (President and CEO of Garret
SC 13D/A - Garrett Motion Inc. (0001735707) (Subject)
SC 13G/A - Garrett Motion Inc. (0001735707) (Subject)
SC 13D/A - Garrett Motion Inc. (0001735707) (Subject)