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

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$66.63 +0.37 (+0.56 %)
(As of 01/16/2019 01:25 PM ET)
Previous Close$66.26
Today's Range$66.10 - $66.65
52-Week Range$57.01 - $70.77
Volume35,389 shs
Average Volume793,029 shs
Market Capitalization$13.03 billion
P/E Ratio22.64
Dividend Yield3.22%
Beta0.92
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. 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

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

Debt

Current Ratio2.81
Quick Ratio2.16

Price-To-Earnings

Sales & Book Value

Annual Sales$3.09 billion
Price / Sales4.28
Cash Flow$3.4667 per share
Price / Cash Flow19.22
Book Value$20.28 per share
Price / Book3.29

Profitability

Net Income$694.95 million
Net Margins19.45%
Return on Assets13.18%

Miscellaneous

Employees12,300
Market Cap$13.03 billion
OptionableOptionable

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 Friday, June 8th. Shareholders of record on Friday, December 14th will be given a dividend of $0.53 per share on Monday, December 31st. This represents a $2.12 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date of this dividend is Thursday, December 13th. View Garmin's Dividend History.

How were Garmin's earnings last quarter?

Garmin Ltd. (NASDAQ:GRMN) announced its quarterly earnings data on Wednesday, October, 31st. The scientific and technical instruments company reported $1.00 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.76 by $0.24. The scientific and technical instruments company earned $810.01 million during the quarter, compared to analysts' expectations of $784.06 million. Garmin had a net margin of 19.45% and a return on equity of 16.95%. Garmin's quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.75 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, February 20th 2019. View Earnings Estimates for Garmin.

How can I listen to Garmin's earnings call?

Garmin will be holding an earnings conference call on Wednesday, February 20th at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8557573897.

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

Garmin issued an update on its FY18 earnings guidance on Wednesday, October, 31st. The company provided earnings per share guidance of approx $3.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.31. The company issued revenue guidance of approx $3.30 billion, compared to the consensus revenue estimate of $3.30 billion.Garmin also updated its FY 2018 guidance to $3.45-3.45 EPS.

What price target have analysts set for GRMN?

6 equities research analysts have issued 1 year target prices for Garmin's shares. Their forecasts range from $60.00 to $75.00. On average, they expect Garmin's share price to reach $68.75 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price. 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 1 sell rating, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Garmin.

Has Garmin been receiving favorable news coverage?

Media stories about GRMN stock have trended positive recently, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Garmin earned a media sentiment score of 2.8 on InfoTrie's scale. They also gave news articles about the scientific and technical instruments company a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an effect on the company's share price in the near term.

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 & 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)

Who are Garmin's major shareholders?

Garmin's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.15%), Denali Advisors LLC (0.06%), Sit Investment Associates Inc. (0.06%), Contravisory Investment Management Inc. (0.04%), Boston Advisors LLC (0.03%) and State of Alaska Department of Revenue (0.02%). 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 Contravisory Investment Management Inc., First Hawaiian Bank, Louisiana State Employees Retirement System, Cozad Asset Management Inc., Cerebellum GP LLC, Rockland Trust Co., First Midwest Bank Trust Division and CENTRAL TRUST Co. 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, 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 Sit Investment Associates Inc., Boston Advisors LLC, Denali Advisors LLC, Scout Investments Inc., Gateway Investment Advisers LLC, Fox Run Management L.L.C. and State of Alaska Department of Revenue. 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 $66.63.

How big of a company is Garmin?

Garmin has a market capitalization of $13.03 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.

What is Garmin's official website?

The official website for Garmin is http://www.garmin.com.

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:  1.8 out of 5 (star)
Outperform Votes:  323 (Vote Outperform)
Underperform Votes:  598 (Vote Underperform)
Total Votes:  921
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 1/16/2019 by MarketBeat.com Staff

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