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Garmin (GRMN) Competitors

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$213.42 -1.01 (-0.47%)
Closing price 07/8/2025 03:59 PM Eastern
Extended Trading
$213.82 +0.40 (+0.19%)
As of 07/8/2025 06:33 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 compare the two businesses based on the strength of their media sentiment, profitability, risk, dividends, institutional ownership, earnings, valuation and analyst recommendations.

In the previous week, Alphabet had 138 more articles in the media than Garmin. MarketBeat recorded 160 mentions for Alphabet and 22 mentions for Garmin. Alphabet's average media sentiment score of 1.15 beat Garmin's score of 0.59 indicating that Alphabet is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Garmin
15 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Alphabet
118 Very Positive mention(s)
20 Positive mention(s)
13 Neutral mention(s)
6 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, Alphabet has a beta of 1, suggesting that its stock price has a similar volatility profile to the S&P 500.

Garmin pays an annual dividend of $3.60 per share and has a dividend yield of 1.7%. Alphabet pays an annual dividend of $0.84 per share and has a dividend yield of 0.5%. Garmin pays out 47.4% of its earnings in the form of a dividend. Alphabet pays out 9.4% 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. Garmin has raised its dividend for 8 consecutive years and Alphabet has raised its dividend for 1 consecutive years. Garmin is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

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$6.30B6.53$1.41B$7.6028.08
Alphabet$350.02B6.04$100.12B$8.9719.44

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

Alphabet has a net margin of 30.86% compared to Garmin's net margin of 22.76%. Alphabet's return on equity of 34.54% beat Garmin's return on equity.

Company Net Margins Return on Equity Return on Assets
Garmin22.76% 19.21% 15.58%
Alphabet 30.86%34.54%25.07%

Garmin presently has a consensus price target of $206.00, suggesting a potential downside of 3.48%. Alphabet has a consensus price target of $200.13, suggesting a potential upside of 14.78%. Given Alphabet's stronger consensus rating and higher probable 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)
0 Buy rating(s)
1 Strong Buy rating(s)
2.00
Alphabet
0 Sell rating(s)
10 Hold rating(s)
29 Buy rating(s)
4 Strong Buy rating(s)
2.86

Summary

Alphabet beats Garmin on 14 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$41.29B$8.66B$27.52B$20.52B
Dividend Yield1.68%1.78%3.13%3.78%
P/E Ratio28.0813.2337.1827.79
Price / Sales6.5337.661,893.6440.48
Price / Cash25.6015.4938.4122.26
Price / Book5.229.377.184.58
Net Income$1.41B$255.60M$763.56M$982.91M
7 Day PerformanceN/A2.46%1.31%0.41%
1 Month Performance2.44%5.48%4.75%3.59%
1 Year Performance32.16%-2.67%52,367.70%14.47%

Garmin Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GRMN
Garmin
3.8879 of 5 stars
$213.42
-0.5%
$206.00
-3.5%
+32.0%$41.29B$6.30B28.0821,800Trending News
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GOOGL
Alphabet
4.2275 of 5 stars
$176.23
-1.3%
$199.95
+13.5%
-7.8%$2.14T$359.71B19.65183,323Trending News
Analyst Forecast
High Trading Volume
A
Agilent Technologies
4.7212 of 5 stars
$118.06
-0.9%
$140.92
+19.4%
-3.9%$33.54B$6.51B29.1518,100Positive News
Analyst Forecast
ANET
Arista Networks
4.5716 of 5 stars
$102.52
+3.1%
$109.33
+6.6%
+11.6%$128.76B$7.44B43.394,412Analyst Forecast
UEIC
Universal Electronics
4.7826 of 5 stars
$6.62
+4.3%
$14.50
+119.0%
-41.9%$87.19M$394.88M-3.993,838
KLAC
KLA
4.5776 of 5 stars
$895.74
+0.7%
$815.39
-9.0%
+6.1%$118.45B$9.81B32.5615,230Trending News
Analyst Forecast
ROK
Rockwell Automation
4.8034 of 5 stars
$332.15
+0.7%
$317.79
-4.3%
+27.6%$37.44B$8.26B41.8326,000Positive News
Analyst Forecast
FLEX
Flex
3.2665 of 5 stars
$49.92
+0.1%
$46.00
-7.9%
+73.0%$18.66B$25.81B23.55147,979Trending News
TER
Teradyne
4.7289 of 5 stars
$89.92
-0.5%
$114.33
+27.2%
-40.2%$14.42B$2.82B25.406,500Options Volume
SNX
TD SYNNEX
4.9117 of 5 stars
$135.48
+0.5%
$142.56
+5.2%
+25.9%$11.37B$58.45B15.8323,000
MKSI
MKS
4.7036 of 5 stars
$99.36
-0.8%
$130.82
+31.7%
-23.2%$6.70B$3.59B29.6610,200Analyst Forecast
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This page (NYSE:GRMN) was last updated on 7/9/2025 by MarketBeat.com Staff
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