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Garmin (GRMN) Competitors

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$213.42 +2.29 (+1.08%)
Closing price 07/2/2025 03:59 PM Eastern
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$213.40 -0.02 (-0.01%)
As of 08:02 AM Eastern
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GRMN vs. UEIC, KLAC, ROK, FLEX, TER, SNX, MKSI, SITM, TKR, and HAYW

Should you be buying Garmin stock or one of its competitors? The main competitors of Garmin include Universal Electronics (UEIC), KLA (KLAC), Rockwell Automation (ROK), Flex (FLEX), Teradyne (TER), TD SYNNEX (SNX), MKS (MKSI), SiTime (SITM), Timken (TKR), and Hayward (HAYW). These companies are all part of the "elec prods - misc" industry.

Garmin vs. Its Competitors

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

In the previous week, Garmin had 26 more articles in the media than Universal Electronics. MarketBeat recorded 27 mentions for Garmin and 1 mentions for Universal Electronics. Universal Electronics' average media sentiment score of 0.94 beat Garmin's score of 0.84 indicating that Universal Electronics is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Garmin
18 Very Positive mention(s)
0 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Universal Electronics
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Garmin has a beta of 0.97, suggesting that its stock price is 3% less volatile than the S&P 500. Comparatively, Universal Electronics has a beta of 1.53, suggesting that its stock price is 53% more volatile than the S&P 500.

81.6% of Garmin shares are owned by institutional investors. Comparatively, 79.4% of Universal Electronics shares are owned by institutional investors. 15.4% of Garmin shares are owned by company insiders. Comparatively, 10.5% of Universal Electronics shares are owned by company 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 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$6.30B6.53$1.41B$7.6028.08
Universal Electronics$394.88M0.23-$24.03M-$1.66-4.08

Garmin has a net margin of 22.76% compared to Universal Electronics' net margin of -5.48%. Garmin's return on equity of 19.21% beat Universal Electronics' return on equity.

Company Net Margins Return on Equity Return on Assets
Garmin22.76% 19.21% 15.58%
Universal Electronics -5.48%-3.19%-1.57%

Garmin presently has a consensus target price of $206.00, suggesting a potential downside of 3.48%. Universal Electronics has a consensus target price of $14.50, suggesting a potential upside of 114.18%. Given Universal Electronics' stronger consensus rating and higher probable upside, analysts plainly believe Universal Electronics 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)
0 Buy rating(s)
1 Strong Buy rating(s)
2.00
Universal Electronics
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

Summary

Garmin beats Universal Electronics on 12 of the 17 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$40.65B$8.47B$27.19B$20.53B
Dividend Yield1.71%1.59%3.15%3.77%
P/E Ratio28.0813.1836.0327.85
Price / Sales6.5334.371,990.5637.49
Price / Cash25.2115.1237.6521.91
Price / Book5.228.417.064.55
Net Income$1.41B$251.02M$763.02M$984.95M
7 Day Performance4.04%2.23%1.86%2.31%
1 Month Performance4.30%5.88%5.94%4.85%
1 Year Performance32.58%-4.05%52,289.36%13.81%

Garmin Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GRMN
Garmin
3.8318 of 5 stars
$213.42
+1.1%
$206.00
-3.5%
+32.2%$40.65B$6.30B28.0821,800
UEIC
Universal Electronics
4.9294 of 5 stars
$6.96
-0.6%
$14.50
+108.3%
-39.3%$91.66M$394.88M-4.193,838
KLAC
KLA
4.4898 of 5 stars
$856.28
+0.7%
$807.06
-5.7%
+9.8%$113.23B$9.81B31.1315,230Positive News
Analyst Forecast
ROK
Rockwell Automation
4.7757 of 5 stars
$323.85
+0.8%
$317.79
-1.9%
+29.4%$36.50B$7.97B40.7927,000Positive News
Analyst Forecast
FLEX
Flex
3.2824 of 5 stars
$46.35
+0.7%
$46.00
-0.8%
+72.2%$17.30B$25.81B21.86147,979Trending News
Analyst Forecast
TER
Teradyne
4.8293 of 5 stars
$87.36
+1.2%
$114.67
+31.3%
-37.0%$14.01B$2.82B24.686,500Positive News
SNX
TD SYNNEX
4.9191 of 5 stars
$127.75
+2.7%
$138.00
+8.0%
+24.1%$10.72B$58.45B15.9523,000Trending News
Analyst Forecast
Insider Trade
Analyst Revision
MKSI
MKS
4.6523 of 5 stars
$92.07
+1.5%
$132.64
+44.1%
-21.2%$6.21B$3.59B27.4810,200Positive News
SITM
SiTime
0.9197 of 5 stars
$232.34
+1.8%
$224.00
-3.6%
+63.3%$5.51B$202.70M-61.14380
TKR
Timken
4.4805 of 5 stars
$71.18
+0.9%
$78.50
+10.3%
-3.5%$4.98B$4.57B15.3419,000
HAYW
Hayward
3.4049 of 5 stars
$13.59
+1.4%
$17.13
+26.0%
+18.6%$2.94B$1.05B24.712,080

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This page (NYSE:GRMN) was last updated on 7/3/2025 by MarketBeat.com Staff
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