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

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$62.77 +0.16 (+0.26 %)
(As of 10/23/2018 03:00 PM ET)
Previous Close$62.61
Today's Range$61.66 - $62.8409
52-Week Range$55.22 - $70.77
Volume803,522 shs
Average Volume1.03 million shs
Market Capitalization$12.27 billion
P/E Ratio21.35
Dividend Yield3.42%
Beta0.98
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

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

Debt

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

Price-To-Earnings

Trailing P/E Ratio21.35
Forward P/E Ratio19.02
P/E Growth2.56

Sales & Book Value

Annual Sales$3.09 billion
Price / Sales4.03
Cash Flow$3.4660 per share
Price / Cash18.11
Book Value$20.28 per share
Price / Book3.10

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$12.27 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 declared a quarterly dividend on Friday, June 8th. Shareholders of record on Friday, September 14th will be given a dividend of $0.53 per share on Friday, September 28th. This represents a $2.12 annualized dividend and a yield of 3.38%. The ex-dividend date of this dividend is Thursday, September 13th. This is a positive change 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 earnings results on Wednesday, August, 1st. The scientific and technical instruments company reported $0.99 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.87 by $0.12. The scientific and technical instruments company earned $894.50 million during the quarter, compared to analyst estimates of $844.76 million. Garmin had a return on equity of 15.98% and a net margin of 18.72%. The company's quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.88 earnings per share. View Garmin's Earnings History.

When is Garmin's next earnings date?

Garmin is scheduled to release their next quarterly earnings announcement on Wednesday, October 31st 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 EPS 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 brokers have issued 1-year target prices for Garmin's stock. Their forecasts range from $58.00 to $77.00. On average, they anticipate Garmin's share price to reach $67.50 in the next twelve months. This suggests a possible upside of 7.5% 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 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)

Who are Garmin's major shareholders?

Garmin's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.17%), Scout Investments Inc. (0.14%), Aperio Group LLC (0.09%), Chevy Chase Trust Holdings Inc. (0.05%), Denali Advisors LLC (0.05%) and Contravisory Investment Management Inc. (0.04%). 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 Valicenti Advisory Services Inc., State of Alaska Department of Revenue, Xact Kapitalforvaltning AB, Contravisory Investment Management Inc. and Andra AP fonden. 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 acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc., Bank of Montreal Can, Aperio Group LLC, Denali Advisors LLC, Chevy Chase Trust Holdings Inc., Summit Financial Wealth Advisors LLC, UMB Bank N A MO and Capital Investment Advisors LLC. 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 $62.77.

How big of a company is Garmin?

Garmin has a market capitalization of $12.27 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:  1.7 out of 5 (star)
Outperform Votes:  308 (Vote Outperform)
Underperform Votes:  583 (Vote Underperform)
Total Votes:  891
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 10/23/2018 by MarketBeat.com Staff

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