Garrett Motion Inc is a Switzerland-based automotive technology company. The Company designs, manufactures and sells turbocharger and electric boosting technologies for light and commercial vehicle original equipment manufacturers (OEMs) and the aftermarket. The Company offers turbochargers for gasoline, diesel, natural gas and electrified (hybrid and fuel cell) powertrains. In addition, the Company provides products and services for the connected vehicle market, including software focused on automotive cybersecurity and integrated vehicle health management (IVHM). The Company has a number of research and development (R&D) centers, engineering facilities and factories around the world, as well as a global distribution network. It is a spin-off of Honeywell International Inc.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 3.48B.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD .
Overvalued
The company’s latest PE is 10.80, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 164.77M shares, decreasing 19.11% quarter-over-quarter.
Held by Howard Marks
Star Investor Howard Marks holds 25.89M shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 1.89.