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Garmin (GRMN) Competitors

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$200.50 +2.52 (+1.27%)
As of 05/13/2025 03:59 PM Eastern

GRMN vs. UEIC, NOC, LHX, TDY, DRS, NXT, NN, LUNR, IPAX, and CODA

Should you be buying Garmin stock or one of its competitors? The main competitors of Garmin include Universal Electronics (UEIC), Northrop Grumman (NOC), L3Harris Technologies (LHX), Teledyne Technologies (TDY), Leonardo DRS (DRS), Nextracker (NXT), NextNav (NN), Intuitive Machines (LUNR), Inflection Point Acquisition (IPAX), and Coda Octopus Group (CODA).

Garmin vs.

Garmin (NYSE:GRMN) and Universal Electronics (NASDAQ:UEIC) are both computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their media sentiment, institutional ownership, risk, analyst recommendations, community ranking, dividends, valuation, earnings and profitability.

Garmin presently has a consensus target price of $194.80, indicating a potential downside of 2.84%. Universal Electronics has a consensus target price of $14.50, indicating a potential upside of 113.55%. Given Universal Electronics' stronger consensus rating and higher possible upside, analysts plainly believe Universal Electronics is more favorable than Garmin.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Garmin
3 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
1.80
Universal Electronics
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

Garmin received 117 more outperform votes than Universal Electronics when rated by MarketBeat users. However, 57.80% of users gave Universal Electronics an outperform vote while only 51.65% of users gave Garmin an outperform vote.

CompanyUnderperformOutperform
GarminOutperform Votes
454
51.65%
Underperform Votes
425
48.35%
Universal ElectronicsOutperform Votes
337
57.80%
Underperform Votes
246
42.20%

In the previous week, Garmin had 7 more articles in the media than Universal Electronics. MarketBeat recorded 20 mentions for Garmin and 13 mentions for Universal Electronics. Garmin's average media sentiment score of 0.82 beat Universal Electronics' score of 0.28 indicating that Garmin is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Garmin
11 Very Positive mention(s)
3 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Universal Electronics
5 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Neutral

Garmin has a beta of 0.99, meaning that its share price is 1% less volatile than the S&P 500. Comparatively, Universal Electronics has a beta of 1.44, meaning that its share price is 44% more volatile than the S&P 500.

Garmin has a net margin of 22.42% compared to Universal Electronics' net margin of -6.09%. Garmin's return on equity of 19.31% beat Universal Electronics' return on equity.

Company Net Margins Return on Equity Return on Assets
Garmin22.42% 19.31% 15.66%
Universal Electronics -6.09%-3.67%-1.88%

Garmin has higher revenue and earnings than Universal Electronics. Universal Electronics is trading at a lower price-to-earnings ratio than Garmin, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Garmin$6.45B5.98$1.29B$7.6026.38
Universal Electronics$394.88M0.23-$98.24M-$1.66-4.09

81.6% of Garmin shares are held by institutional investors. Comparatively, 79.3% of Universal Electronics shares are held by institutional investors. 15.4% of Garmin shares are held by insiders. Comparatively, 10.5% of Universal Electronics shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

Garmin beats Universal Electronics on 14 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GRMN vs. The Competition

MetricGarminSearch & navigation equipment IndustryComputer SectorNYSE Exchange
Market Cap$38.60B$13.83B$25.17B$19.50B
Dividend Yield1.58%1.58%2.93%3.94%
P/E Ratio27.4317.1645.3734.84
Price / Sales5.9836.112,116.8935.31
Price / Cash27.3421.6034.8117.51
Price / Book4.9223.696.764.75
Net Income$1.29B$687.20M$741.33M$1.02B
7 Day Performance6.49%5.06%6.32%4.85%
1 Month Performance4.51%15.72%14.51%10.38%
1 Year Performance18.00%32.01%52,788.78%5.63%

Garmin Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GRMN
Garmin
3.8713 of 5 stars
$200.50
+1.3%
$194.80
-2.8%
+18.4%$38.60B$6.45B27.4319,700
UEIC
Universal Electronics
4.7589 of 5 stars
$5.32
+19.8%
$14.50
+172.6%
-47.0%$69.93M$394.88M-2.883,940Insider Trade
News Coverage
High Trading Volume
NOC
Northrop Grumman
4.6169 of 5 stars
$493.23
+0.4%
$545.31
+10.6%
-1.1%$70.99B$40.37B17.4095,000Positive News
LHX
L3Harris Technologies
4.8164 of 5 stars
$218.59
-0.5%
$256.56
+17.4%
-1.0%$40.86B$21.25B27.7846,000Positive News
TDY
Teledyne Technologies
4.0708 of 5 stars
$478.34
-0.1%
$542.50
+13.4%
+25.9%$22.40B$5.77B27.7614,700Positive News
DRS
Leonardo DRS
3.1459 of 5 stars
$41.77
-0.5%
$35.33
-15.4%
+77.9%$11.11B$3.23B52.876,580Dividend Announcement
Positive News
High Trading Volume
NXT
Nextracker
1.492 of 5 stars
$41.12
-2.6%
$55.70
+35.5%
+25.6%$5.99B$2.77B10.461,050News Coverage
Positive News
Gap Up
NN
NextNav
2.3233 of 5 stars
$13.01
-1.4%
$20.00
+53.7%
+73.6%$1.72B$5.67M-17.3560Earnings Report
LUNR
Intuitive Machines
3.6697 of 5 stars
$9.05
-2.7%
$16.00
+76.8%
+91.6%$1.61B$228M-3.081Options Volume
IPAX
Inflection Point Acquisition
N/A$9.30
+7.9%
N/A+56.5%$383.34MN/A0.001Gap Up
High Trading Volume
CODA
Coda Octopus Group
3.4783 of 5 stars
$6.81
-2.0%
$11.00
+61.5%
+3.6%$76.48M$21.06M20.6480News Coverage

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This page (NYSE:GRMN) was last updated on 5/14/2025 by MarketBeat.com Staff
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