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Garmin Ltd. (GRMN)

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170.03 +0.90 (+0.53%)
At close: October 4 at 4:00 PM EDT
163.92 -6.11 (-3.59%)
Pre-Market: 7:19 AM EDT
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DELL
  • Previous Close 169.13
  • Open 170.53
  • Bid --
  • Ask 168.90 x 2200
  • Day's Range 167.92 - 170.69
  • 52 Week Range 99.61 - 184.42
  • Volume 483,577
  • Avg. Volume 791,529
  • Market Cap (intraday) 32.682B
  • Beta (5Y Monthly) 1.01
  • PE Ratio (TTM) 23.81
  • EPS (TTM) 7.14
  • Earnings Date Oct 30, 2024
  • Forward Dividend & Yield 3.00 (1.76%)
  • Ex-Dividend Date Dec 12, 2024
  • 1y Target Est 151.40

Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. Its Fitness segment offers running and multi-sport watches; cycling products; smartwatch devices; scales and monitors; and fitness accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, an application development platform. The company's Outdoor segment offers adventure watches, outdoor handhelds and satellite communicators, golf devices, consumer automotive devices, and dog devices, as well as InReach and Gramin response communication device. Its Aviation segment designs, manufactures, and markets various aircraft avionics solutions, including integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponders, weather information and avoidance solutions, datalink and connectivity solutions, and various services. The company's Marine segment provides chartplotters and multi-function displays, cartography products, fishfinders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, audio products and accessories, digital switching products, and trolling motors. Its Auto segment offers embedded domain controllers and infotainment units; and software, map database, cameras, wearables, and automotive solutions. The company sells its products through independent retailers, dealers, distributors, installation and repair shops, and original equipment manufacturers, as well as online webshop. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.

www.garmin.com

19,900

Full Time Employees

December 30

Fiscal Year Ends

Recent News: GRMN

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Performance Overview: GRMN

Trailing total returns as of 10/4/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

GRMN
34.11%
S&P 500
20.57%

1-Year Return

GRMN
67.50%
S&P 500
35.98%

3-Year Return

GRMN
18.21%
S&P 500
31.99%

5-Year Return

GRMN
129.36%
S&P 500
97.59%

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Statistics: GRMN

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Valuation Measures

Annual
As of 10/4/2024
  • Market Cap

    32.68B

  • Enterprise Value

    30.56B

  • Trailing P/E

    23.81

  • Forward P/E

    27.32

  • PEG Ratio (5yr expected)

    5.69

  • Price/Sales (ttm)

    5.80

  • Price/Book (mrq)

    4.67

  • Enterprise Value/Revenue

    5.41

  • Enterprise Value/EBITDA

    21.37

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    24.36%

  • Return on Assets (ttm)

    9.34%

  • Return on Equity (ttm)

    20.96%

  • Revenue (ttm)

    5.65B

  • Net Income Avi to Common (ttm)

    1.38B

  • Diluted EPS (ttm)

    7.14

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    2.23B

  • Total Debt/Equity (mrq)

    1.92%

  • Levered Free Cash Flow (ttm)

    1.05B

Research Analysis: GRMN

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 1.51B
Earnings 300.63M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

118.00 Low
151.40 Average
170.03 Current
215.00 High
 

Company Insights: GRMN

Research Reports: GRMN

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  • Rating decreased to a HOLD

    GARMIN LTD has an Investment Rating of HOLD; a target price of $181.000000; an Industry Subrating of High; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
     
  • Rating increased to a BUY

    GARMIN LTD has an Investment Rating of BUY; a target price of $189.000000; an Industry Subrating of High; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Low.

    Rating
    Price Target
     
  • What does Argus have to say about GRMN?

    GARMIN LTD has an Investment Rating of HOLD; a target price of $189.000000; an Industry Subrating of High; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Low.

    Rating
    Price Target
     
  • Raising target price to $190.00

    GARMIN LTD has an Investment Rating of HOLD; a target price of $190.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
     

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