Garrett Motion, Inc. (GTX) has disclosed a new risk, in the Accounting & Financial Operations category.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Garrett Motion, Inc. faces significant uncertainty regarding future dividend payments and the execution of its share repurchase program. The Board of Directors’ discretion, influenced by legal, financial, and market conditions, creates ambiguity for shareholders expecting consistent returns. The company’s ability to repatriate funds from foreign subsidiaries further complicates dividend prospects. Moreover, the share repurchase program, while authorized up to $350 million, is subject to numerous variables and may be altered or halted without notice, casting doubt on the program’s materialization.
The average GTX stock price target is $15.00, implying 58.90% upside potential.
To learn more about Garrett Motion, Inc.’s risk factors, click here.
