Garmin Company Profile (NASDAQ:GRMN)

Analyst Ratings

Consensus Ratings for Garmin (NASDAQ:GRMN) (?)
Ratings Breakdown: 1 Sell Rating(s), 9 Hold Rating(s), 2 Buy Rating(s)
Consensus Rating:Hold (Score: 2.08)
Consensus Price Target: $40.38 (25.69% downside)

Analysts' Ratings History for Garmin (NASDAQ:GRMN)
Show:
DateFirmActionRatingPrice TargetActions
7/28/2016Morgan StanleyLower Price TargetEqual Weight$49.00 -> $42.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/28/2016JPMorgan Chase & Co.UpgradeUnderweight -> Neutral$38.00 -> $47.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/10/2016Raymond James Financial Inc.Reiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/19/2016Pacific CrestReiterated RatingSector PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/20/2016Needham & Company LLCReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/18/2016Robert W. BairdBoost Price TargetNeutral$39.00 -> $40.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/18/2016Credit Suisse Group AGBoost Price TargetUnderperform$32.00 -> $36.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/30/2015Dougherty & CoReiterated RatingNeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/19/2015Royal Bank Of CanadaReiterated RatingOutperform$40.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/29/2015Citigroup Inc.UpgradeSell -> Neutral$30.00 -> $34.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/28/2015Sterne Agee CRTInitiated CoverageNeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/11/2015DA DavidsonReiterated RatingNeutral$48.00 -> $40.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/2/2015Goldman Sachs Group Inc.DowngradeBuy -> Neutral$63.00 -> $54.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/16/2015Oppenheimer Holdings Inc.DowngradeOutperform -> Market Perform$65.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/20/2015Atlantic SecuritiesDowngradeOverweight -> Neutral$64.00 -> $55.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/19/2015Bank of America Corp.UpgradeNeutral -> Buy$60.00 -> $65.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/30/2014 forward)

Earnings

Earnings History for Garmin (NASDAQ:GRMN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
10/26/2016        
7/27/2016Q216$0.67$0.87$763.37 million$812.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/27/2016Q116$0.42$0.49$585.91 million$624.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/17/2016Q415$0.48$0.74$759.10 million$781.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/28/2015Q315$0.55$0.51$705.06 million$680.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/29/2015Q215$0.82$0.72$773.11 million$774.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/29/2015Q115$0.58$0.55$606.63 million$585.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/18/2015Q414$0.78$0.77$789.90 million$803.30 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/29/2014Q314$0.71$0.76$677.35 million$706.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/30/2014Q214$0.76$1.02$709.25 million$778.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/30/2014Q114$0.44$0.55$541.00 million$583.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/19/2014Q413$0.62$0.76$712.78 million$760.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/30/2013Q313$0.58$0.69$628.50 million$644.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/31/2013Q2 2013$0.65$0.76$665.84 million$697.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/1/2013Q1 2013$0.41$0.40$518.64 million$532.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/20/2013Q4 2012$0.73$0.68$833.43 million$769.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/31/2012$0.61$0.74ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/1/2012$0.66$0.98ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/2/2012$0.41$0.45ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/22/2012$0.65$0.96ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/2/2011$0.49$0.71ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/3/2011$0.67$0.63ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/4/2011$0.33$0.43ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/23/2011$0.88$0.83ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Garmin (NASDAQ:GRMN)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.38$0.45$0.42
Q2 20164$0.63$0.69$0.66
Q3 20164$0.51$0.56$0.54
Q4 20164$0.51$0.60$0.55
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Garmin (NASDAQ:GRMN)
Annual Dividend:$2.04
Dividend Yield:3.75%
Payout Ratio:77.27% (Based on Trailing 12 Months of Earnings)
80.95% (Based on Current Year Consensus EPS Estimate)
84.65% (Based on Next Year Consensus EPS Estimate)

Dividend History for Garmin (NASDAQ:GRMN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
2/17/2016jun 16$0.516/14/20166/16/20166/30/2016Tweet This Announcement  Share This Announcement on StockTwits
12/1/2015$0.513/11/20163/15/20163/31/2016Tweet This Announcement  Share This Announcement on StockTwits
8/7/2015Quarterly$0.5112/11/201512/15/201512/31/2015Tweet This Announcement  Share This Announcement on StockTwits
8/4/2015quarterly$0.519/11/20159/15/20159/30/2015Tweet This Announcement  Share This Announcement on StockTwits
6/5/2015quarterly$0.516/12/20156/16/20156/30/2015Tweet This Announcement  Share This Announcement on StockTwits
9/8/2014$0.4812/11/201412/15/201412/31/2014Tweet This Announcement  Share This Announcement on StockTwits
10/31/2014quarterly$0.483/12/20153/16/20153/31/2015Tweet This Announcement  Share This Announcement on StockTwits
9/8/2014quarterly$0.489/11/20149/15/20149/30/2014Tweet This Announcement  Share This Announcement on StockTwits
6/6/2014quarterly$0.486/13/20146/17/20146/30/2014Tweet This Announcement  Share This Announcement on StockTwits
2/19/2014$0.453/13/20143/17/20143/31/2014Tweet This Announcement  Share This Announcement on StockTwits
10/28/2013$0.4512/12/201312/16/201312/31/2013Tweet This Announcement  Share This Announcement on StockTwits
2/20/2013quarterly$0.456/18/20136/28/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Garmin (NASDAQ:GRMN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
5/11/2016Pao-Chang HuangInsiderSell7,200$40.68$292,896.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/4/2015Philip StraubDirectorSell1,914$37.92$72,578.88View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/11/2015Danny J. BartelVPSell1,125$37.74$42,457.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/21/2015Donald EllerDirectorSell70,000$39.00$2,730,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/29/2015Philip StraubDirectorSell4,243$45.97$195,050.71View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/19/2014Sean BiddlecombeDirectorSell2,053$58.38$119,854.14View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/20/2014Philip StraubDirectorSell8,000$57.50$460,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/18/2014Joseph J HartnettDirectorBuy1,000$55.94$55,940.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/12/2014Danny J BartelVPSell10,000$55.52$555,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/23/2014Pao-Chang HuangInsiderSell16,000$57.26$916,160.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/12/2014Brian James PokornyInsiderSell6,951$53.70$373,268.70View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/5/2014Philip StraubDirectorSell4,003$54.57$218,443.71View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/28/2014Kevin RauckmanCFOSell5,981$53.65$320,880.65View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/21/2014Sean BiddlecombeDirectorSell2,117$51.86$109,787.62View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/9/2012Philip StraubDirectorSell10,000$41.42$414,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Garmin (NASDAQ:GRMN)
DateHeadline
07/29/16 04:28 PMGarmin Ltd (GRMN) Surged To A New High On Strong Q2 Earnings
07/29/16 11:27 AMStocks inside Analysts Limelight: Xilinx, Inc. (NASDAQ:XLNX) , Garmin Ltd. (NASDAQ:GRMN) - Street Updates
07/29/16 11:27 AMRatings Analysis of: Garmin Ltd. (NASDAQ:GRMN) - News Oracle
07/29/16 05:28 AMGarmin (GRMN) Shares March Higher, Can It Continue? -
07/28/16 03:30 PMGarmin Ltd.: Leads amongst peers with strong fundamentals -
07/28/16 03:09 PMGarmin (GRMN) Stock Closed Up, JPMorgan Upgrades - [at TheStreet] - Garmin (GRMN) stock closed higher today as JPMorgan upped its stock rating on the company to 'neutral' Thursday morning.
07/28/16 03:06 PMCemex SAB de CV (ADR) (NYSE:CX) & Garmin Ltd. (NASDAQ:GRMN) Trend Analysis Report - Money News (press release)
07/28/16 03:06 PMAnalyst Ratings on: The Boeing Company (NYSE:BA), Garmin Ltd. (NASDAQ:GRMN) - News Oracle
07/28/16 09:56 AMGoPro Stock Jumps On Q2 Earnings, Second-Half 2016 Guidance -
07/28/16 07:05 AMAnalysts' Actions -- Activision, Garmin, Match, Sirius and More -
07/27/16 04:34 PMGarmin Ltd. (GRMN) Tops Q2 EPS by 20c; Boosts FY16 EPS Outlook
07/27/16 04:34 PMGarmin Ltd (GRMN) Has Soared To A New High On Strong Q2 Earnings
07/27/16 04:34 PMGarmin (GRMN) Beats Earnings, Revenue Estimates in Q2
07/27/16 02:26 PMGarmin shares hit new 52-week high after strong earnings beat, raised guidance - Garmin shares soared Wednesday after the company reported second-quarter earnings that blew estimates out of the water.
07/27/16 02:11 PMGarmin Ltd. (GRMN) Stock Soars on Q2 Earnings Beat - <p><a rel="nofollow" href="http://investorplace.com">InvestorPlace</a><a rel="nofollow" href="http://investorplace.com">InvestorPlace - Stock Market News, Stock Advice & Trading Tips</a></p> <p>Garmin (GRMN) shares rose on Wednesday as the company reported second-quarter results that beat expectations. Here's what you should know.</p> <p>The post <a rel="nofollow" href="http://investorplace.com/2016/07/garmin-grmn-stock-2/">Garmin Ltd. (GRMN) Stock Soars on Q2 Earnings Beat</a> appeared first on <a rel="nofollow" href="http://investorplace.com">InvestorPlace</a>.</p>
07/27/16 07:05 AMGarmin Ltd. (GRMN) Tops Q2 EPS by 20c; Boosts FY16 EPS Outlook - StreetInsider.com
07/27/16 06:35 AMGarmin beats Street 2Q forecasts - [AP] - The Schaffhausen, Switzerland-based company said it had profit of 85 cents per share. Earnings, adjusted for non-recurring costs, came to 87 cents per share. The results surpassed Wall Street expectations. ...
07/26/16 10:28 AMWhat to Expect from MobileIron (MOBL) in Q2 Earnings? -
07/25/16 08:55 AMGarmin : reg; introduces G5 electronic flight instrument for certificated aircraft
07/25/16 08:13 AMWill CA Inc. (CA) Pull Off a Surprise in Q1 Earnings? -
07/25/16 06:18 AMGarmin® introduces G5 electronic flight instrument for certificated aircraft - [at noodls] - OLATHE, Kan.--(BUSINESS WIRE)--Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced FAA approval of the G5 electronic flight instrument in type-certificated fixed-wing general ...
07/24/16 03:58 PMEarnings Surprise in Focus: Garmin Ltd. (NASDAQ:GRMN) - Investor Newswire
07/23/16 04:05 PMWill Garmin Ltd. (NASDAQ:GRMN) Surprise This Quarter? - Investor Newswire
07/23/16 08:21 AMGarmin® And Jeppesen Partner To Expand Garmin Pilot App Capabilities
07/22/16 04:14 PMGarmin expands Connext weatherand data service packages
07/22/16 04:14 PMGarmin, Jeppesen partner to expand Garmin app capabilities
07/22/16 02:51 PMGarmin's Pilot App to Integrate Jeppesen's Charts for iOS -
07/22/16 07:13 AMNew Broker Ratings For Garmin Ltd. (NASDAQ:GRMN) - FTSE News
07/22/16 07:13 AMGarmin Ltd. (NASDAQ:GRMN): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily
07/22/16 07:13 AMGarmin Ltd. (NASDAQ:GRMN) Near to Lift Curtain on June 2016 Earnings - The Voice Registrar
07/22/16 07:13 AMHow Many Garmin Ltd. (NASDAQ:GRMN)'s Analysts Are Bullish? - Consumer Eagle
07/21/16 04:29 PMGarmin : reg; And Jeppesen Partner To Expand Garmin Pilot App Capabilities
07/21/16 04:06 PMApple Watch Shipments Dive 55% As Device Passes 1-Year Anniversary -
07/21/16 07:53 AMGarmin announces new connectivity solutions
07/21/16 07:53 AMGarmin® introduces new subscriptions for cost-effective datalink weather, text and voice
07/20/16 04:17 PMHow to choose a fitness tracker when they all sound the same - [AP] - Most fitness trackers can measure a lot: steps taken, heart beats, sleep quality and workout performance. That's a lot of data, but are they useful? It depends on what you're looking for. Those new to ...
07/20/16 07:09 AMEquity Roundup: Stock Performance Focus on Garmin Ltd. (NASDAQ:GRMN) - Press Telegraph
07/20/16 06:00 AMGarmin® Team X introduces the GTX 45R and GTX 35R ADS-B transponders for experimental aircraft - [Business Wire] - Garmin International Inc., a unit of Garmin Ltd. , today announced the GTX 35R, which meets Automatic Dependent Surveillance-Broadcast Out requirements and the GTX 45R that offers ADS-B Out, as well as ADS-B In benefits.
07/19/16 09:31 PM10 Nasdaq Stocks That Have Hit 52-Week Highs This Week -
07/19/16 05:06 PMWhat's Behind Garmin's Sky-High PEG Ratio? - [Gurufocus] - How do you explain a stock that has a PEG ratio around 60, and at the same time has had a rising stock price? We find a potential answer
07/19/16 04:23 PMEarnings Focus and Crowd Sourced Sentiment Review for Garmin Ltd. (NASDAQ:GRMN) - TGP
07/19/16 04:23 PMShares of Garmin Ltd. (GRMN) Rally 3.78% - Trade Calls
07/19/16 10:24 AMGarmin® introduces new and exciting ways to interact with GTN 650/750
07/19/16 06:00 AMGarmin® announces new enhancements to the G500/G600 glass flight displays - [Business Wire] - Garmin International Inc., a unit of Garmin Ltd. , today announced an expanded feature set for the G500/G600 glass flight displays. The new GTX 345 all-in-one Automatic Dependent Surveillance-Broadcast transponder now interfaces with the G500/G600 to display the benefits of ADS-B In traffic and weather.
07/19/16 06:00 AMGarmin Pilot™ app adds support to display Jeppesen terminal charts - [Business Wire] - Garmin International Inc., a unit of Garmin Ltd. , today announced the integration of geo-referenced Jeppesen terminal charts within the Garmin Pilot app on Apple mobile devices1.
07/19/16 06:00 AMNew Garmin® navigation databases bring trusted, cost-effective solutions to the cockpit - [Business Wire] - Garmin International Inc., a unit of Garmin Ltd. , today announced a new, cost-effective Garmin Navigation Database, single navigator bundles and all-inclusive OnePak database options for select Garmin avionics and portables.
07/19/16 06:00 AMGarmin® revolutionizes database management with wireless Database Concierge - [Business Wire] - Garmin International Inc., a unit of Garmin Ltd. , today announced an expanded Connext portfolio of connectivity solutions with the Flight Stream 510 MultiMediaCard , enabling wireless aviation database transfer capabilities between the Garmin Pilot™ app on a mobile device and the GTN 650/750 touchscreen navigators.
07/19/16 06:00 AMGarmin® introduces new and exciting ways to interact with GTN™ 650/750 - [Business Wire] - Garmin International Inc., a unit of Garmin Ltd. , today announced an expanded feature set, an enhanced user interface and additional wireless connectivity solutions for its popular GTN 650/750 touchscreen navigators.
07/18/16 11:36 AMHow A Floridian Scored Big Gains In Stocks, Then Shared His Knowledge -
07/17/16 08:45 AMStrong Sell Calls For Garmin Ltd. (NASDAQ:GRMN) At 1 - Investor Newswire

Social

About Garmin

Garmin logoGarmin Ltd. (Garmin) and subsidiaries offer global positioning system (GPS) navigation and wireless devices and applications. Garmin designs, develops, manufactures, markets and distributes a family of hand-held, wearable, portable and fixed-mount GPS-enabled products and other navigation, communications, sensor-based and information products. It operates through five business segments: marine, outdoor, fitness, auto and aviation. Garmin offers a range of auto navigation products, as well as a range of products and applications designed for the mobile GPS market. It offers products designed for use in outdoor activities. It offers products designed for use in fitness and activity tracking. It offers a range of products designed for use in the recreational marine industry. It offers products designed for use in the recreational marine industry. Its aviation product line includes GPS-enabled navigation and very high frequency (VHF) communications transmitters/receivers.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Scientific & Technical Instruments
  • Sub-Industry: Consumer Electronics
  • Exchange: NASDAQ
  • Symbol: GRMN
  • CUSIP: H2906T10
Key Metrics:
  • Previous Close: $54.33
  • 50 Day Moving Average: $43.81
  • 200 Day Moving Average: $40.35
  • P/E Ratio: 21.71
  • P/E Growth: 2.93
  • Market Cap: $10.28B
  • Beta: 0.66
  • Current Year EPS Consensus Estimate: $2.52 EPS
  • Next Year EPS Consensus Estimate: $2.41 EPS
Additional Links:
Garmin (NASDAQ:GRMN) Chart for Saturday, July, 30, 2016