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Garmin (GRMN) Competitors

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$256.08 -1.56 (-0.61%)
Closing price 03:59 PM Eastern
Extended Trading
$256.32 +0.24 (+0.09%)
As of 04:39 PM Eastern
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GRMN vs. GOOGL, A, ANET, UEIC, KLAC, ROK, FLEX, TER, SNX, and MKSI

Should you be buying Garmin stock or one of its competitors? The main competitors of Garmin include Alphabet (GOOGL), Agilent Technologies (A), Arista Networks (ANET), Universal Electronics (UEIC), KLA (KLAC), Rockwell Automation (ROK), Flex (FLEX), Teradyne (TER), TD SYNNEX (SNX), and MKS (MKSI).

Garmin vs. Its Competitors

Garmin (NYSE:GRMN) and Alphabet (NASDAQ:GOOGL) are both large-cap computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, media sentiment, dividends, valuation, profitability, institutional ownership, earnings and analyst recommendations.

In the previous week, Alphabet had 146 more articles in the media than Garmin. MarketBeat recorded 168 mentions for Alphabet and 22 mentions for Garmin. Alphabet's average media sentiment score of 1.27 beat Garmin's score of 1.04 indicating that Alphabet is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Garmin
14 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Alphabet
134 Very Positive mention(s)
5 Positive mention(s)
10 Neutral mention(s)
11 Negative mention(s)
0 Very Negative mention(s)
Positive

Alphabet has a net margin of 31.12% compared to Garmin's net margin of 23.21%. Alphabet's return on equity of 34.31% beat Garmin's return on equity.

Company Net Margins Return on Equity Return on Assets
Garmin23.21% 20.00% 16.19%
Alphabet 31.12%34.31%24.88%

Garmin has a beta of 0.98, meaning that its share price is 2% less volatile than the S&P 500. Comparatively, Alphabet has a beta of 1, meaning that its share price has a similar volatility profile to the S&P 500.

Alphabet has higher revenue and earnings than Garmin. Alphabet 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$6.30B7.81$1.41B$8.1131.52
Alphabet$371.40B8.02$100.12B$9.3926.23

81.6% of Garmin shares are owned by institutional investors. Comparatively, 40.0% of Alphabet shares are owned by institutional investors. 19.5% of Garmin shares are owned by insiders. Comparatively, 11.6% of Alphabet shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Garmin pays an annual dividend of $3.60 per share and has a dividend yield of 1.4%. Alphabet pays an annual dividend of $0.84 per share and has a dividend yield of 0.3%. Garmin pays out 44.4% of its earnings in the form of a dividend. Alphabet pays out 8.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Garmin has increased its dividend for 8 consecutive years and Alphabet has increased its dividend for 1 consecutive years. Garmin is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Garmin currently has a consensus target price of $228.75, indicating a potential downside of 10.50%. Alphabet has a consensus target price of $242.98, indicating a potential downside of 1.37%. Given Alphabet's stronger consensus rating and higher possible upside, analysts clearly believe Alphabet is more favorable than Garmin.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Garmin
2 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.20
Alphabet
0 Sell rating(s)
10 Hold rating(s)
34 Buy rating(s)
4 Strong Buy rating(s)
2.88

Summary

Alphabet beats Garmin on 15 of the 20 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 GRMN 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

MetricGarminELEC PRODS IndustryComputer SectorNYSE Exchange
Market Cap$49.08B$10.05B$32.48B$21.95B
Dividend Yield1.40%1.57%3.16%3.56%
P/E Ratio31.4422.10495.8329.66
Price / Sales7.8171.752,013.2999.82
Price / Cash30.6917.7435.0118.33
Price / Book6.256.207.544.61
Net Income$1.41B$283.48M$819.01M$1.01B
7 Day Performance3.81%12.05%2.31%0.16%
1 Month Performance7.68%49.29%11.14%2.32%
1 Year Performance56.60%17.58%24,145.55%13.95%

Garmin Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GRMN
Garmin
4.6009 of 5 stars
$256.08
-0.6%
$228.75
-10.7%
+51.6%$49.29B$6.30B31.5821,800Positive News
GOOGL
Alphabet
3.6768 of 5 stars
$244.05
-1.0%
$233.44
-4.3%
+49.9%$2.95T$350.02B25.99183,323Trending News
Analyst Forecast
A
Agilent Technologies
4.5074 of 5 stars
$123.70
+0.3%
$140.08
+13.2%
-2.3%$35.07B$6.51B29.0417,900Analyst Forecast
ANET
Arista Networks
4.8016 of 5 stars
$143.17
+0.5%
$162.00
+13.2%
+51.1%$179.94B$7.00B56.314,412Positive News
UEIC
Universal Electronics
4.0868 of 5 stars
$4.88
-3.2%
$11.00
+125.4%
-45.5%$65.10M$394.88M-3.903,838
KLAC
KLA
4.5554 of 5 stars
$1,064.13
0.0%
$900.29
-15.4%
+44.7%$140.12B$12.16B35.0215,200
ROK
Rockwell Automation
4.8188 of 5 stars
$344.32
+0.2%
$340.16
-1.2%
+30.6%$38.71B$8.26B40.4127,000Positive News
Analyst Forecast
FLEX
Flex
2.9859 of 5 stars
$57.55
+1.2%
$57.29
-0.5%
+71.1%$21.60B$25.81B25.24147,979
TER
Teradyne
4.4047 of 5 stars
$134.33
-0.7%
$118.63
-11.7%
+13.3%$21.37B$2.82B46.486,500Analyst Forecast
Short Interest ↑
SNX
TD SYNNEX
4.9293 of 5 stars
$165.91
+0.9%
$169.55
+2.2%
+34.7%$13.68B$58.45B17.9923,000
MKSI
MKS
4.1548 of 5 stars
$122.14
+0.3%
$119.80
-1.9%
+31.7%$8.20B$3.59B31.0010,200Positive News

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This page (NYSE:GRMN) was last updated on 10/7/2025 by MarketBeat.com Staff
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