NASDAQ:GRMN - Garmin Stock Price, News, & Analysis

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$65.35 +0.89 (+1.38 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$65.35
Today's Range$64.39 - $65.53
52-Week Range$50.85 - $65.96
Volume2.76 million shs
Average Volume1.05 million shs
Market Capitalization$12.64 billion
P/E Ratio22.23
Dividend Yield3.33%
Beta0.96
Garmin logoGarmin 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. The Auto segment offers personal navigation devices; infotainment systems; and action cameras, as well as mobile applications under the Garmin and NAVIGON names. The Aviation segment provides navigation, communication, flight control, hazard avoidance, weather radar, radar altimeter, datalink weather, in-cockpit and cloud connectivity, voice controls, and other products and services; wearables, portables, apps, training, simulation, and aviation data services; and traffic collision avoidance, engine information, and terrain awareness and warning systems. This segment also offers controller-pilot data link, a suite of automatic dependent surveillance broadcast solutions. The Marine segment provides chartplotters and multi-function displays, Cartography Products, fish finders, sounders, autopilot systems, radars, compliant instrument displays, VHF communication radios, handhelds and wearable devices, sailing products, and entertainment products. The Outdoor segment offers outdoor handhelds, wearable devices, golf devices, and dog tracking and training/pet obedience devices. The Fitness segment provides running/multi-sport watches, cycling computers, cycling power meters, cycling safety and awareness products, and Connect IQ and activity tracking devices, as well as Garmin Connect and Garmin Connect Mobile, which are Web and mobile platforms for users to track and analyze their fitness and wellness data. The company sells its global positioning system receivers and accessories to retail outlets; and aviation products to aviation dealers and aircraft manufacturers through a network of independent dealers and distributors. Garmin Ltd. was founded in 1990 and is based in Schaffhausen, Switzerland.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Search & navigation equipment
Sub-IndustryConsumer Electronics
SectorComputer and Technology
SymbolNASDAQ:GRMN
CUSIPH2906T10
Phone41-52-630-1600

Debt

Debt-to-Equity RatioN/A
Current Ratio2.50
Quick Ratio1.96

Price-To-Earnings

Trailing P/E Ratio22.23
Forward P/E Ratio19.80
P/E Growth2.63

Sales & Book Value

Annual Sales$3.09 billion
Price / Sales4.19
Cash Flow$3.5040 per share
Price / Cash18.65
Book Value$20.28 per share
Price / Book3.22

Profitability

EPS (Most Recent Fiscal Year)$2.94
Net Income$694.95 million
Net Margins18.72%
Return on Equity15.98%
Return on Assets12.34%

Miscellaneous

Employees12,300
Outstanding Shares198,080,000
Market Cap$12.64 billion

Garmin (NASDAQ:GRMN) Frequently Asked Questions

What is Garmin's stock symbol?

Garmin trades on the NASDAQ under the ticker symbol "GRMN."

How often does Garmin pay dividends? What is the dividend yield for Garmin?

Garmin announced a quarterly dividend on Wednesday, February 21st. Investors of record on Monday, June 18th will be paid a dividend of $0.53 per share on Friday, June 29th. This represents a $2.12 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date is Friday, June 15th. This is a boost from Garmin's previous quarterly dividend of $0.51. View Garmin's Dividend History.

How were Garmin's earnings last quarter?

Garmin Ltd. (NASDAQ:GRMN) issued its quarterly earnings data on Wednesday, August, 1st. The scientific and technical instruments company reported $0.99 EPS for the quarter, beating analysts' consensus estimates of $0.87 by $0.12. The scientific and technical instruments company earned $894.50 million during the quarter, compared to analysts' expectations of $844.76 million. Garmin had a net margin of 18.72% and a return on equity of 15.98%. Garmin's revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.88 EPS. View Garmin's Earnings History.

When is Garmin's next earnings date?

Garmin is scheduled to release their next quarterly earnings announcement on Wednesday, November, 7th 2018. View Earnings Estimates for Garmin.

What guidance has Garmin issued on next quarter's earnings?

Garmin issued an update on its FY18 earnings guidance on Wednesday, August, 1st. The company provided earnings per share guidance of ~$3.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.13. The company issued revenue guidance of $3.3 billion, compared to the consensus revenue estimate of $3.23 billion.

What price target have analysts set for GRMN?

6 analysts have issued 1 year target prices for Garmin's stock. Their forecasts range from $57.00 to $72.00. On average, they expect Garmin's share price to reach $61.75 in the next year. This suggests that the stock has a possible downside of 5.5%. View Analyst Price Targets for Garmin.

What is the consensus analysts' recommendation for Garmin?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Garmin in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Garmin.

Who are some of Garmin's key competitors?

Who are Garmin's key executives?

Garmin's management team includes the folowing people:
  • Dr. Min-Hwan Kao, Co-Founder & Exec. Chairman (Age 69)
  • Mr. Clifton Albert Pemble, Pres, CEO, Principal Operating Officer & Director (Age 52)
  • Mr. Douglas Gerard Boessen, CFO, Principal Accounting Officer & Treasurer (Age 55)
  • Mr. Andrew R. Etkind, VP, Gen. Counsel & Sec. (Age 62)
  • Mr. Gary L. Burrell, Co-Founder & Chairman Emeritus (Age 80)

Has Garmin been receiving favorable news coverage?

News coverage about GRMN stock has trended positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Garmin earned a news and rumor sentiment score of 0.28 on Accern's scale. They also gave news stories about the scientific and technical instruments company an impact score of 47.35 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Garmin.

Who are Garmin's major shareholders?

Garmin's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BURRELL JONATHAN (13.80%), BURRELL JONATHAN (13.80%), BURRELL JONATHAN (13.80%), BlackRock Inc. (5.60%), Robeco Institutional Asset Management B.V. (1.14%) and Schroder Investment Management Group (0.86%). Company insiders that own Garmin stock include Andrew R Etkind, Charles Peffer, Clifton A Pemble, Danny J Bartel, Donald Eller, Jonathan Burrell, Min H Kao, Pao-Chang Huang, Patrick Desbois, Philip Straub and Sean Biddlecombe. View Institutional Ownership Trends for Garmin.

Which institutional investors are selling Garmin stock?

GRMN stock was sold by a variety of institutional investors in the last quarter, including Select Equity Group L.P., TD Asset Management Inc., Scout Investments Inc., First Trust Advisors LP, Carillon Tower Advisers Inc., Renaissance Technologies LLC, American Century Companies Inc. and Meag Munich Ergo Kapitalanlagegesellschaft MBH. Company insiders that have sold Garmin company stock in the last year include Andrew R Etkind, Charles Peffer, Clifton A Pemble, Danny J Bartel, Donald Eller, Jonathan Burrell, Min H Kao, Pao-Chang Huang, Patrick Desbois, Philip Straub and Sean Biddlecombe. View Insider Buying and Selling for Garmin.

Which institutional investors are buying Garmin stock?

GRMN stock was purchased by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Schroder Investment Management Group, Wells Fargo & Company MN, WBI Investments Inc., BlackRock Inc., Janus Henderson Group PLC, California Public Employees Retirement System and Canada Pension Plan Investment Board. View Insider Buying and Selling for Garmin.

How do I buy shares of Garmin?

Shares of GRMN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Garmin's stock price today?

One share of GRMN stock can currently be purchased for approximately $65.35.

How big of a company is Garmin?

Garmin has a market capitalization of $12.64 billion and generates $3.09 billion in revenue each year. The scientific and technical instruments company earns $694.95 million in net income (profit) each year or $2.94 on an earnings per share basis. Garmin employs 12,300 workers across the globe.

How can I contact Garmin?

Garmin's mailing address is MUHLENTALSTRASSE 2, SCHAFFHAUSEN V8, CH-8200. The scientific and technical instruments company can be reached via phone at 41-52-630-1600 or via email at [email protected]


MarketBeat Community Rating for Garmin (NASDAQ GRMN)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  284 (Vote Outperform)
Underperform Votes:  566 (Vote Underperform)
Total Votes:  850
MarketBeat's community ratings are surveys of what our community members think about Garmin and other stocks. Vote "Outperform" if you believe GRMN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GRMN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/18/2018 by MarketBeat.com Staff

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