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Garmin (GRMN)
:GRMN
Holding GRMN?
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GRMN Stock Chart & Stats
Day’s Range― - ―
52-Week Range$119.15 - $222.97
Previous CloseN/A
Volume129.15K
Average Volume (3M)765.32K
Market Cap
$41.20B
Enterprise Value$31.30B
Total Cash (Recent Filing)$1.11B
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)27.3
Beta0.84
Next Earnings
Feb 19, 2025EPS Estimate
1.98Next Dividend Ex-Date
Mar 14, 2025Dividend Yield1.39%
Share Statistics
EPS (TTM)7.87
Shares Outstanding192,024,960
10 Day Avg. Volume672,103
30 Day Avg. Volume765,317
Standard Deviation0.08
R-Squared0.47
Alpha0.00615
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)6.92
Price to Cash Flow (P/CF)39.90
P/FCF Ratio46.90
Enterprise Value/Market Cap0.76
Enterprise Value/Revenue5.25
Enterprise Value/Gross Profit10.41
Enterprise Value/Ebitda18.43
Forecast
1Y Price Target
$195.67Price Target Upside-9.29% Downside
Rating ConsensusHold
Number of Analyst Covering5
Garmin News
PremiumMarket News
SPY ETF News, 1/10/2025
PremiumMarket News
VOO ETF News, 1/9/2025
PremiumMarket News
SPY ETF News, 1/7/2025
PremiumMarket News
VOO ETF News, 1/6/2025
Bulls Say, Bears Say
Bulls Say
Financial PerformanceGarmin has been one of the top performing stocks in the hardware sector, with topline growth accelerating above the historical average.
Market PositionGRMN is well-positioned to benefit from strong holiday sales of its smartwatches and fitness devices and has announced several innovation award wins at the upcoming CES 2025.
Product InnovationGRMN's competitive advantage is driven by its ongoing cadence of new product introductions with product enhancements and new applications.
Bears Say
Financial PerformanceRevenue and earnings per share estimates are below market expectations, leading to a more cautious outlook.
Growth And MarginsGrowth deceleration and margin compression are expected to drive a negative mix shift, impacting the stock's valuation.
Stock ValuationGarmin is trading nearly 2 standard deviations above its trailing 5-year average valuation, suggesting a potential de-rating.
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Ownership Overview
19.42% Insiders
17.26% Mutual Funds
0.52% Other Institutional Investors
42.33% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Garmin
Desktop Users
Mobile Users
GRMN FAQ
What was Garmin’s price range in the past 12 months?
Garmin lowest stock price was $119.15 and its highest was $222.97 in the past 12 months.
What is Garmin’s market cap?
Garmin’s market cap is $41.20B.
When is Garmin’s upcoming earnings report date?
Garmin’s upcoming earnings report date is Feb 19, 2025 which is in 30 days.
How were Garmin’s earnings last quarter?
Garmin released its earnings results on Oct 30, 2024. The company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.445 by $0.545.
Is Garmin overvalued?
According to Wall Street analysts Garmin’s price is currently Overvalued.
Does Garmin pay dividends?
Garmin pays a Quarterly dividend of $2.98 which represents an annual dividend yield of 1.39%. See more information on Garmin dividends here
What is Garmin’s EPS estimate?
Garmin’s EPS estimate is 1.98.
How many shares outstanding does Garmin have?
Garmin has 192,024,960 shares outstanding.
What happened to Garmin’s price movement after its last earnings report?
Garmin reported an EPS of $1.99 in its last earnings report, beating expectations of $1.445. Following the earnings report the stock price went up 23.248%.
Which hedge fund is a major shareholder of Garmin?
Currently, no hedge funds are holding shares in GRMN
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Garmin Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$195.67 (-9.29% Downside)
$195.67 (-9.29% Downside)
Blogger Sentiment
Bullish
GRMN Sentiment 70%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 73.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $123.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days <0.1%
Last 30 Days ▲ 2.2%
Last 30 Days ▲ 2.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
77.88%
12-Months-Change
Fundamentals
Return on Equity
21.91%
Trailing 12-Months
Asset Growth
17.36%
Trailing 12-Months
Company Description
Garmin
Switzerland-based Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of navigation, communication, and information devices worldwide. It operates through five segments: Auto, Aviation, Marine, Outdoor, and Fitness.
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GRMN Company Deck
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GRMN Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
Garmin delivered strong financial results with record-breaking revenue and robust growth across all segments. Significant improvements in margins and market share gains, particularly in wearables, highlight the company's strong positioning. However, challenges in the Aviation segment and a softer outlook for Auto OEMs present some concerns. Overall, the positive aspects significantly outweigh the negatives.Read More>---
GRMN Net sales Breakdown
32.46% Outdoor
25.72% Fitness
17.54% Marine
16.19% Aviation
8.09% Auto OEM
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GRMN Stock 12 Month Forecast
Average Price Target
$195.67
▼(-9.29% Downside)
Technical Analysis
Best Analysts Covering GRMN
1 Year
1 Year Success Rate
13/20 ratings generated profit
1 Year Average Return
+14.54%
reiterated a buy rating last month
Copying Ivan Feinseth's trades and holding each position for 1 Year would result in 65.00% of your transactions generating a profit, with an average return of +14.54% per trade.
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