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Garmin (GRMN) Competitors

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$295.17 -2.39 (-0.80%)
Closing price 03:59 PM Eastern
Extended Trading
$293.94 -1.22 (-0.41%)
As of 06:48 PM Eastern
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GRMN vs. GOOGL, A, ANET, UEIC, and TER

Should you buy Garmin stock or one of its competitors? MarketBeat compares Garmin with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Garmin include Alphabet (GOOGL), Agilent Technologies (A), Arista Networks (ANET), Universal Electronics (UEIC), and Teradyne (TER).

How does Garmin compare to Alphabet?

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

In the previous week, Alphabet had 194 more articles in the media than Garmin. MarketBeat recorded 239 mentions for Alphabet and 45 mentions for Garmin. Garmin's average media sentiment score of 0.85 beat Alphabet's score of 0.63 indicating that Garmin is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Garmin
22 Very Positive mention(s)
4 Positive mention(s)
12 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Positive
Alphabet
146 Very Positive mention(s)
12 Positive mention(s)
35 Neutral mention(s)
25 Negative mention(s)
3 Very Negative mention(s)
Positive

Garmin has a beta of 0.9, suggesting that its share price is 10% less volatile than the broader market. Comparatively, Alphabet has a beta of 1.24, suggesting that its share price is 24% more volatile than the broader market.

81.6% of Garmin shares are owned by institutional investors. Comparatively, 40.0% of Alphabet shares are owned by institutional investors. 14.8% 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, endowments and hedge funds believe a stock is poised for long-term growth.

Garmin pays an annual dividend of $4.20 per share and has a dividend yield of 1.4%. Alphabet pays an annual dividend of $0.88 per share and has a dividend yield of 0.2%. Garmin pays out 46.8% of its earnings in the form of a dividend. Alphabet pays out 4.4% 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.

Garmin presently has a consensus target price of $289.20, suggesting a potential downside of 2.02%. Alphabet has a consensus target price of $419.86, suggesting a potential upside of 17.90%. 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
0 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.57
Alphabet
0 Sell rating(s)
4 Hold rating(s)
44 Buy rating(s)
6 Strong Buy rating(s)
3.04

Alphabet has a net margin of 54.77% compared to Garmin's net margin of 24.47%. Alphabet's return on equity of 51.32% beat Garmin's return on equity.

Company Net Margins Return on Equity Return on Assets
Garmin24.47% 20.95% 17.06%
Alphabet 54.77%51.32%35.42%

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$7.25B7.86$1.66B$8.9732.91
Alphabet$402.84B10.71$132.17B$19.9117.89

Summary

Alphabet beats Garmin on 14 of the 20 factors compared between the two stocks.

How does Garmin compare to Agilent Technologies?

Garmin (NYSE:GRMN) and Agilent Technologies (NYSE:A) are related large-cap companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, media sentiment, earnings, institutional ownership, dividends, profitability, risk and valuation.

Garmin presently has a consensus price target of $289.20, indicating a potential downside of 2.02%. Agilent Technologies has a consensus price target of $159.35, indicating a potential upside of 15.21%. Given Agilent Technologies' stronger consensus rating and higher possible upside, analysts clearly believe Agilent Technologies is more favorable than Garmin.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Garmin
0 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.57
Agilent Technologies
0 Sell rating(s)
4 Hold rating(s)
13 Buy rating(s)
2 Strong Buy rating(s)
2.89

In the previous week, Garmin had 27 more articles in the media than Agilent Technologies. MarketBeat recorded 45 mentions for Garmin and 18 mentions for Agilent Technologies. Agilent Technologies' average media sentiment score of 1.23 beat Garmin's score of 0.85 indicating that Agilent Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Garmin
22 Very Positive mention(s)
4 Positive mention(s)
12 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Positive
Agilent Technologies
15 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Garmin pays an annual dividend of $4.20 per share and has a dividend yield of 1.4%. Agilent Technologies pays an annual dividend of $1.02 per share and has a dividend yield of 0.7%. Garmin pays out 46.8% of its earnings in the form of a dividend. Agilent Technologies pays out 20.5% 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 Agilent Technologies has raised its dividend for 9 consecutive years.

81.6% of Garmin shares are held by institutional investors. Comparatively, 87.4% of Agilent Technologies shares are held by institutional investors. 14.8% of Garmin shares are held by company insiders. Comparatively, 0.2% of Agilent Technologies shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Garmin has a beta of 0.9, meaning that its share price is 10% less volatile than the broader market. Comparatively, Agilent Technologies has a beta of 1.25, meaning that its share price is 25% more volatile than the broader market.

Garmin has a net margin of 24.47% compared to Agilent Technologies' net margin of 19.55%. Agilent Technologies' return on equity of 24.33% beat Garmin's return on equity.

Company Net Margins Return on Equity Return on Assets
Garmin24.47% 20.95% 17.06%
Agilent Technologies 19.55%24.33%12.99%

Garmin has higher revenue and earnings than Agilent Technologies. Agilent Technologies 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$7.25B7.86$1.66B$8.9732.91
Agilent Technologies$7.23B5.40$1.30B$4.9827.77

Summary

Garmin and Agilent Technologies tied by winning 10 of the 20 factors compared between the two stocks.

How does Garmin compare to Arista Networks?

Arista Networks (NYSE:ANET) and Garmin (NYSE:GRMN) are related large-cap companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, profitability, institutional ownership, media sentiment, dividends, earnings, valuation and risk.

Arista Networks currently has a consensus price target of $189.74, indicating a potential upside of 5.02%. Garmin has a consensus price target of $289.20, indicating a potential downside of 2.02%. Given Arista Networks' stronger consensus rating and higher probable upside, analysts clearly believe Arista Networks is more favorable than Garmin.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Arista Networks
0 Sell rating(s)
1 Hold rating(s)
22 Buy rating(s)
2 Strong Buy rating(s)
3.04
Garmin
0 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.57

82.5% of Arista Networks shares are owned by institutional investors. Comparatively, 81.6% of Garmin shares are owned by institutional investors. 2.7% of Arista Networks shares are owned by company insiders. Comparatively, 14.8% 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.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Arista Networks$9.01B25.26$3.51B$2.9261.87
Garmin$7.25B7.86$1.66B$8.9732.91

Arista Networks has a net margin of 38.32% compared to Garmin's net margin of 24.47%. Arista Networks' return on equity of 30.10% beat Garmin's return on equity.

Company Net Margins Return on Equity Return on Assets
Arista Networks38.32% 30.10% 19.35%
Garmin 24.47%20.95%17.06%

In the previous week, Arista Networks had 22 more articles in the media than Garmin. MarketBeat recorded 67 mentions for Arista Networks and 45 mentions for Garmin. Arista Networks' average media sentiment score of 0.96 beat Garmin's score of 0.85 indicating that Arista Networks is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Arista Networks
40 Very Positive mention(s)
9 Positive mention(s)
10 Neutral mention(s)
4 Negative mention(s)
1 Very Negative mention(s)
Positive
Garmin
22 Very Positive mention(s)
4 Positive mention(s)
12 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Positive

Arista Networks has a beta of 1.6, meaning that its stock price is 60% more volatile than the broader market. Comparatively, Garmin has a beta of 0.9, meaning that its stock price is 10% less volatile than the broader market.

Summary

Arista Networks beats Garmin on 15 of the 17 factors compared between the two stocks.

How does Garmin compare to Universal Electronics?

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

In the previous week, Garmin had 42 more articles in the media than Universal Electronics. MarketBeat recorded 45 mentions for Garmin and 3 mentions for Universal Electronics. Garmin's average media sentiment score of 0.85 beat Universal Electronics' score of 0.37 indicating that Garmin is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Universal Electronics
0 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Garmin
22 Very Positive mention(s)
4 Positive mention(s)
12 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Positive

Universal Electronics has a beta of 1.19, indicating that its share price is 19% more volatile than the broader market. Comparatively, Garmin has a beta of 0.9, indicating that its share price is 10% less volatile than the broader market.

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
Universal Electronics$368.29M0.16-$18.60M-$1.50N/A
Garmin$7.25B7.86$1.66B$8.9732.91

79.4% of Universal Electronics shares are owned by institutional investors. Comparatively, 81.6% of Garmin shares are owned by institutional investors. 17.1% of Universal Electronics shares are owned by insiders. Comparatively, 14.8% of Garmin shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Universal Electronics currently has a consensus target price of $5.75, indicating a potential upside of 25.55%. Garmin has a consensus target price of $289.20, indicating a potential downside of 2.02%. Given Universal Electronics' higher probable upside, analysts clearly believe Universal Electronics is more favorable than Garmin.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Universal Electronics
1 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.67
Garmin
0 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.57

Garmin has a net margin of 24.47% compared to Universal Electronics' net margin of -5.54%. Garmin's return on equity of 20.95% beat Universal Electronics' return on equity.

Company Net Margins Return on Equity Return on Assets
Universal Electronics-5.54% 0.41% 0.21%
Garmin 24.47%20.95%17.06%

Summary

Garmin beats Universal Electronics on 14 of the 17 factors compared between the two stocks.

How does Garmin compare to Teradyne?

Teradyne (NASDAQ:TER) and Garmin (NYSE:GRMN) are related large-cap companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, analyst recommendations, media sentiment, dividends, risk, earnings, valuation and institutional ownership.

Teradyne pays an annual dividend of $0.52 per share and has a dividend yield of 0.1%. Garmin pays an annual dividend of $4.20 per share and has a dividend yield of 1.4%. Teradyne pays out 7.1% of its earnings in the form of a dividend. Garmin pays out 46.8% 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. Teradyne 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.

99.8% of Teradyne shares are held by institutional investors. Comparatively, 81.6% of Garmin shares are held by institutional investors. 0.2% of Teradyne shares are held by insiders. Comparatively, 14.8% of Garmin shares are held 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.

Teradyne presently has a consensus target price of $396.80, suggesting a potential upside of 7.92%. Garmin has a consensus target price of $289.20, suggesting a potential downside of 2.02%. Given Teradyne's stronger consensus rating and higher possible upside, research analysts plainly believe Teradyne is more favorable than Garmin.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Teradyne
0 Sell rating(s)
4 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.81
Garmin
0 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.57

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Teradyne$4.46B12.89$554.05M$7.2950.44
Garmin$7.25B7.86$1.66B$8.9732.91

Teradyne has a beta of 1.74, indicating that its share price is 74% more volatile than the broader market. Comparatively, Garmin has a beta of 0.9, indicating that its share price is 10% less volatile than the broader market.

Teradyne has a net margin of 25.77% compared to Garmin's net margin of 24.47%. Teradyne's return on equity of 39.93% beat Garmin's return on equity.

Company Net Margins Return on Equity Return on Assets
Teradyne25.77% 39.93% 27.67%
Garmin 24.47%20.95%17.06%

In the previous week, Teradyne had 39 more articles in the media than Garmin. MarketBeat recorded 84 mentions for Teradyne and 45 mentions for Garmin. Teradyne's average media sentiment score of 1.12 beat Garmin's score of 0.85 indicating that Teradyne is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Teradyne
47 Very Positive mention(s)
15 Positive mention(s)
16 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Garmin
22 Very Positive mention(s)
4 Positive mention(s)
12 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Teradyne beats Garmin on 13 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 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

MetricGarminHousehold Durables IndustryConsumer Discretionary SectorNYSE Exchange
Market Cap$56.93B$5.25B$13.05B$23.67B
Dividend Yield1.42%3.54%53.53%4.19%
P/E Ratio30.4330.2747.2030.76
Price / Sales7.8662.2690.37157.98
Price / Cash30.729.4424.6431.18
Price / Book6.303.804.524.64
Net Income$1.66B$275.81M$444.54M$1.07B
7 Day Performance21.56%-0.20%2.32%0.33%
1 Month Performance24.33%-2.48%0.89%1.26%
1 Year Performance34.92%-1.72%1.38%17.39%

Garmin Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GRMN
Garmin
3.9943 of 5 stars
$295.17
-0.8%
$289.20
-2.0%
+34.4%$56.93B$7.25B30.4323,000
GOOGL
Alphabet
4.8489 of 5 stars
$326.56
+2.1%
$419.86
+28.6%
+69.8%$3.87T$402.84B16.40190,820
A
Agilent Technologies
4.6099 of 5 stars
$138.07
-0.4%
$159.35
+15.4%
+17.4%$39.14B$6.95B27.7318,100
ANET
Arista Networks
4.3514 of 5 stars
$170.44
-2.0%
$189.74
+11.3%
+39.5%$219.09B$9.01B58.375,115
UEIC
Universal Electronics
2.9971 of 5 stars
$4.56
+0.7%
$5.75
+26.1%
-25.1%$57.15M$368.29MN/A3,099

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This page (NYSE:GRMN) was last updated on 7/31/2026 by MarketBeat.com Staff.
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