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Garmin (GRMN)
NYSE:GRMN
Holding GRMN?
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GRMN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$119.15 - $215.55
Previous Close$205.59
Volume577.24K
Average Volume (3M)886.75K
Market Cap
$39.82B
Enterprise Value$37.51B
Total Cash (Recent Filing)$2.42B
Total Debt (Recent Filing)$109.83M
Price to Earnings (P/E)26.3
Beta0.83
Next Earnings
Feb 19, 2025EPS Estimate
$1.98Next Dividend Ex-Date
Mar 14, 2025Dividend Yield1.43%
Share Statistics
EPS (TTM)7.87
Shares Outstanding192,024,969
10 Day Avg. Volume905,373
30 Day Avg. Volume886,746
Standard Deviation0.07
R-Squared0.46
Alpha0.00576
Financial Highlights & Ratios
Price to Book (P/B)5.26
Price to Sales (P/S)6.68
Price to Cash Flow (P/CF)38.60
P/FCF Ratio45.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.30
Enterprise Value/Gross Profit12.48
Enterprise Value/Ebitda22.09
Forecast
1Y Price Target
$187.25Price Target Upside-10.45% Downside
Rating ConsensusHold
Number of Analyst Covering5
Garmin News
PremiumMarket News
SPY ETF Update, 11/19/2024 
PremiumMarket News
VOO ETF Update, 11/15/2024 
PremiumMarket News
SPY ETF Update, 11/12/2024 
PremiumMarket News
VOO ETF Update, 11/8/2024 
PremiumMarket News
SPY ETF Update, 11/7/2024 
PremiumMarket News
VOO ETF Update, 11/5/2024 
PremiumMarket News
SPY ETF Update, 11/4/2024 
Bulls Say, Bears Say
Bulls Say
Financial PerformanceGRMN shares have climbed ~40% supported by multiple drivers including strong execution, robust cash generation and impressive earnings results over the most recent quarters.
Product InnovationGRMN continues its cadence of new introductions, including its new Enduro 3 and fēnix 8 premium multifunction smartwatches, along with multiple new aviation and Marine products.
Strategic GrowthGRMN’s strong balance sheet and cash flow enable it to drive growth through ongoing investment in new product development and strategic acquisitions and further enhance shareholder returns through dividend increases and share repurchases.
Bears Say
Earnings ExpectationsRevenue and earnings per share estimates are below market expectations, leading to a more cautious outlook.
Market MomentumMomentum is slowing down as GRMN shares underperformed the market by roughly 6 points on the day it reported strong 2Q24 results and raised forward guidance.
ValuationGarmin's valuation is nearly 2 standard deviations above its trailing 5-year average, which historically results in multiple de-rating as growth slows.
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Ownership Overview
19.42% Insiders
17.91% Mutual Funds
11.02% Other Institutional Investors
31.05% 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 $215.55 in the past 12 months.
What is Garmin’s market cap?
Currently, no data Available
When is Garmin’s upcoming earnings report date?
Garmin’s upcoming earnings report date is Feb 19, 2025 which is in 89 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 $0.75 which represents an annual dividend yield of 1.43%. 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 23.245%.
Which hedge fund is a major shareholder of Garmin?
Among the largest hedge funds holding Garmin’s share is Gotham Asset Management LLC. It holds Garmin’s shares valued at 8M.
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Garmin Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$187.25 (-10.45% Downside)
$187.25 (-10.45% Downside)
Blogger Sentiment
Bullish
GRMN Sentiment 84%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 73.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $622.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days <0.1%
Last 30 Days ▲ 11.5%
Last 30 Days ▲ 11.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
74.60%
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
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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
$187.25
▼(-10.45% Downside)
Technical Analysis
Best Analysts Covering GRMN
1 Year
1 Year Success Rate
13/19 ratings generated profit
1 Year Average Return
+15.91%
reiterated a buy rating 2 months ago
Copying Ivan Feinseth's trades and holding each position for 1 Year would result in 68.42% of your transactions generating a profit, with an average return of +15.91% per trade.
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