Company Overview - Garrett Motion is part of the Auto-Tires-Trucks group, which consists of 96 companies and is currently ranked 9 in the Zacks Sector Rank [2] - The company has a Zacks Rank of 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] Performance Metrics - Year-to-date, Garrett Motion has returned 44.2%, significantly outperforming the Auto-Tires-Trucks sector average return of 5.4% [4] - The consensus estimate for Garrett Motion's full-year earnings has increased by 11.9% over the past quarter, reflecting improved analyst sentiment [3] Industry Context - Garrett Motion operates within the Automotive - Original Equipment industry, which includes 50 stocks and is currently ranked 70 in the Zacks Industry Rank [5] - The Automotive - Original Equipment industry has seen an average gain of 12.6% year-to-date, indicating that Garrett Motion is performing better than its industry peers [5] Comparison with Peers - Blue Bird, another stock in the Auto-Tires-Trucks sector, has returned 49.9% year-to-date and has a Zacks Rank of 1 (Strong Buy) [4][5] - The Automotive - Domestic industry, which includes Blue Bird, is ranked 153 and has only moved +3.8% since the beginning of the year, highlighting the relative strength of Garrett Motion [6]
Is GARRETT MOTION (GTX) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?