Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Garmin (GRMN)
NYSE:GRMN
Garmin (GRMN) Stock Price & Analysis
1,218 Followers
GRMN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$92.59 - $149.54
Previous Close$141.02
Volume933.20K
Average Volume (3M)995.47K
Market Cap
$27.04B
Enterprise Value$25.19B
Total Cash (Recent Filing)$1.97B
Total Debt (Recent Filing)$113.03M
Price to Earnings (P/E)21.0
Beta0.98
Next Earnings
May 01, 2024Next Dividend Ex-Date
Dec 13, 2024Dividend Yield2.09%
Share Statistics
EPS (TTM)6.71
Shares Outstanding191,777,417
10 Day Avg. Volume945,425
30 Day Avg. Volume995,468
Standard Deviation0.07
R-Squared0.50
Alpha0.00239
Financial Highlights & Ratios
Price to Book (P/B)4.30
Price to Sales (P/S)18.05
Price to Cash Flow (P/CF)14.40
P/FCF Ratio16.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.82
Enterprise Value/Gross Profit8.38
Enterprise Value/Ebitda18.49
Forecast
1Y Price Target
$155.00Price Target Upside9.91% Upside
Rating ConsensusHold
Number of Analyst Covering5
Garmin News
PremiumCompany Announcements
Garmin Announces Executive Team Transition and Appointments
Bulls Say, Bears Say
Bulls Say
Financial StrategyCapital deployment plans for 2024 focus on facilities & IT improvement and returning value to shareholders through share repurchases and a dividend increase.
Investment RatingAnalyst reiterates a Strong Buy rating on GRMN with a target price of $175 per share due to record results and accelerating momentum that will continue to drive share price gains.
Product DevelopmentOngoing innovation and new product introductions are expected to drive growth in Fitness, Outdoors, and Auto OEM sectors.
Bears Say
Consumer SpendingConsumer demand for wearables to be tested as other sports-focused retailers have lowered earnings outlooks, indicating potential cutbacks on discretionary purchases.
Cost PressureThe AutoOEM ramp will likely weigh on margins due to the increased P&L presence.
Economic FactorsIncreased consumer spending on gas may result in a larger decline in retail sales, posing risks to consumer wearables demand.
---
Ownership Overview
Currently, No data available
---
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 $92.59 and its highest was $149.54 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 May 01, 2024 which is in 6 days.
How were Garmin’s earnings last quarter?
Garmin released its earnings results on Feb 21, 2024. The company reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.404 by $0.316.
Is Garmin overvalued?
According to Wall Street analysts Garmin’s price is currently Undervalued.
Does Garmin pay dividends?
Garmin pays a Quarterly dividend of $0.75 which represents an annual dividend yield of 2.09%. See more information on Garmin dividends here
What is Garmin’s EPS estimate?
Garmin’s EPS estimate is $1.
How many shares outstanding does Garmin have?
Garmin has 191,777,420 shares outstanding.
What happened to Garmin’s price movement after its last earnings report?
Garmin reported an EPS of $1.72 in its last earnings report, beating expectations of $1.404. Following the earnings report the stock price went up 8.826%.
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 6M.
---
Garmin Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$155.00 (9.91% Upside)
$155.00 (9.91% Upside)
Blogger Sentiment
Bullish
GRMN Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 80.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days >0.1%
Last 30 Days ▼ 3.1%
Last 30 Days ▼ 3.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
47.87%
12-Months-Change
Fundamentals
Return on Equity
19.52%
Trailing 12-Months
Asset Growth
11.28%
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.
---
GRMN Company Deck
---
GRMN Earnings Call
Q4 2024
0:00 / 0:00
---
GRMN Net sales Breakdown
32.46% Outdoor
25.72% Fitness
17.54% Marine
16.19% Aviation
8.09% Auto OEM
---
GRMN Stock 12 Months Forecast
Average Price Target
$155.00
▲(9.91% Upside)
Technical Analysis
Best Analysts Covering GRMN
1 Year
1 Year Success Rate
12/18 ratings generated profit
1 Year Average Return
+12.11%
reiterated a buy rating 2 months ago
Copying Ivan Feinseth's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +12.11% per trade.
---