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Garmin (GRMN) Competitors

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$249.50 +0.18 (+0.07%)
Closing price 03:59 PM Eastern
Extended Trading
$251.70 +2.20 (+0.88%)
As of 07:24 PM Eastern
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GRMN vs. GOOGL, A, ANET, UEIC, KLAC, ROK, TER, FLEX, 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), Teradyne (TER), Flex (FLEX), TD SYNNEX (SNX), and MKS (MKSI).

Garmin vs. Its Competitors

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

40.0% of Alphabet shares are owned by institutional investors. Comparatively, 81.6% of Garmin shares are owned by institutional investors. 11.6% of Alphabet shares are owned by company insiders. Comparatively, 15.4% of Garmin shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

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
Alphabet$350.02B8.67$100.12B$9.3926.73
Garmin$6.76B7.11$1.41B$8.1130.77

In the previous week, Alphabet had 143 more articles in the media than Garmin. MarketBeat recorded 169 mentions for Alphabet and 26 mentions for Garmin. Alphabet's average media sentiment score of 1.14 beat Garmin's score of 1.13 indicating that Alphabet is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Alphabet
128 Very Positive mention(s)
6 Positive mention(s)
23 Neutral mention(s)
5 Negative mention(s)
2 Very Negative mention(s)
Positive
Garmin
19 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Alphabet pays an annual dividend of $0.84 per share and has a dividend yield of 0.3%. Garmin pays an annual dividend of $3.60 per share and has a dividend yield of 1.4%. Alphabet pays out 8.9% of its earnings in the form of a dividend. Garmin pays out 44.4% 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. Alphabet has raised its dividend for 1 consecutive years and Garmin has raised its dividend for 8 consecutive years. Garmin is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

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

Alphabet currently has a consensus target price of $249.26, suggesting a potential downside of 0.70%. Garmin has a consensus target price of $228.75, suggesting a potential downside of 8.32%. Given Alphabet's stronger consensus rating and higher possible upside, analysts plainly believe Alphabet is more favorable than Garmin.

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

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
Alphabet31.12% 34.31% 24.88%
Garmin 23.21%20.00%16.19%

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$47.99B$9.92B$32.40B$21.91B
Dividend Yield1.43%1.61%3.20%3.62%
P/E Ratio30.7722.96490.3330.12
Price / Sales7.11125.511,623.0066.99
Price / Cash29.7722.5037.7924.26
Price / Book6.106.457.754.70
Net Income$1.41B$283.48M$820.59M$1.01B
7 Day Performance-4.00%14.18%0.17%-0.44%
1 Month Performance5.76%44.41%7.13%1.45%
1 Year Performance49.57%31.17%23,940.00%15.02%

Garmin Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GRMN
Garmin
4.6353 of 5 stars
$249.51
+0.1%
$228.75
-8.3%
+48.5%$47.99B$6.76B30.7721,800Positive News
GOOGL
Alphabet
3.6064 of 5 stars
$250.43
+2.1%
$240.76
-3.9%
+48.8%$3.03T$350.02B26.67183,323Trending News
Analyst Forecast
A
Agilent Technologies
4.078 of 5 stars
$141.64
flat
$142.17
+0.4%
-4.2%$40.15B$6.51B33.2517,900Analyst Forecast
ANET
Arista Networks
4.8046 of 5 stars
$149.61
+2.8%
$162.00
+8.3%
+34.2%$188.04B$7.00B58.844,412Trending News
Analyst Forecast
UEIC
Universal Electronics
4.4681 of 5 stars
$4.62
-1.3%
$11.00
+138.1%
-45.3%$61.62M$402.52M-3.703,838News Coverage
Analyst Forecast
KLAC
KLA
4.477 of 5 stars
$1,139.71
+3.5%
$950.00
-16.6%
+23.6%$150.08B$12.16B37.5015,200Trending News
Analyst Forecast
Gap Up
ROK
Rockwell Automation
4.7501 of 5 stars
$348.69
-0.2%
$340.68
-2.3%
+24.9%$39.20B$8.26B40.9327,000Positive News
Analyst Forecast
TER
Teradyne
4.3673 of 5 stars
$147.87
+1.5%
$118.63
-19.8%
+2.5%$23.52B$2.82B51.176,500Upcoming Earnings
Analyst Forecast
Insider Trade
Gap Up
FLEX
Flex
3.1675 of 5 stars
$57.28
+2.0%
$57.29
+0.0%
+68.3%$21.50B$25.81B25.12147,979Trending News
Gap Up
SNX
TD SYNNEX
4.9346 of 5 stars
$158.06
-0.4%
$169.55
+7.3%
+29.4%$12.87B$60.97B17.1423,000
MKSI
MKS
4.068 of 5 stars
$139.47
+1.2%
$119.80
-14.1%
+17.8%$9.37B$3.74B35.4010,200Analyst Forecast
Gap Up

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This page (NYSE:GRMN) was last updated on 10/15/2025 by MarketBeat.com Staff
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