Garrett Motion Inc.

GTX
Real-time BATS EXCHANGE - 10/23 04:00:07 pm
9.72USD
0.00%

The underlying trend is to the upside

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David Meurisse
Contributor / Partner

Strategy published on : 06/11/2019 | 10:13

long trade on a pullback
Stop-loss triggered

Entry price : 16.02$
Target : 19.3$
Stop-loss : 14.9$
Cancellation Level : 17.5$
Potential : 20.47%

The timing appears opportune to go long in shares of Garrett Motion Inc as we anticipate another pick-up in the underlying trend.
Investors should buy the stock at current prices near $ 16.02 in order to target the $ 19.3.

Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

● In a short-term perspective, the company has interesting fundamentals.


Strengths

● The close medium term support offers good timing for purchasing the stock.

● The group's activity appears highly profitable thanks to its outperforming net margins.

● As regards fundamentals, the enterprise value to sales ratio is at 0.69 for the current period. Therefore, the company is undervalued.

● The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.


Weaknesses

● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.

● Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.

● Most analysts agree on a negative opinion with regard to the stock. Indeed, the average consensus issues recommendations to underperform or sell.

Zonebourse.com 2019
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