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Garmin Ltd (GRMN)

NYSE
Currency in USD
214.56
-0.66(-0.31%)
Real-time Data
GRMN Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
Fair Value
Day's Range
214.46216.21
52 wk Range
119.15222.97
Key Statistics
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Prev. Close
215.97
Open
216.01
Day's Range
214.46-216.21
52 wk Range
119.15-222.97
Volume
167.94K
Average Volume (3m)
919.64K
1-Year Change
70.2%
Book Value / Share
39.05
Fair Value
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Fair Value Upside
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GRMN Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
186.02
Downside
-13.30%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 7 consecutive years
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Garmin Ltd Company Profile

Garmin Ltd. (Garmin) is a Switzerland-based entity. The Company and its subsidiaries offer global positioning system (GPS) navigation and wireless devices and applications. The Company operates through five segments: fitness, outdoor, aviation, marine and auto. It offers a range of auto navigation products, as well as a range of products and applications designed for the mobile GPS market. It offers Outdoor Handhelds, Wearable Devices, Golf Devices, and Dog Tracking and Training/Pet Obedience Devices. Garmin offers various products designed for use in fitness and activity tracking. Company’s aviation business segment is a provider of solutions to aircraft manufacturers, existing aircraft owners and operators, as well as military and government customers and serves a range of aircraft, including transport aircraft, business aviation, general aviation, experimental/light sport, helicopters, optionally piloted vehicles, and unmanned aerial vehicles. Company operates worldwide.

Employees
18700

Garmin Ltd SWOT Analysis


Market Dominance
Garmin's strong performance in Wearables and Fitness segments drives growth, but faces potential market saturation and increased competition
Financial Outlook
Analysts project revenue deceleration and margin compression for 2025, with average price target around $152, reflecting concerns about growth sustainability
Segment Challenges
Explore Garmin's diverse portfolio: Aviation's potential rebound, Marine's downcycle, and Auto OEM's softening market impact overall performance
Strategic Imperatives
Discover how Garmin must navigate economic headwinds, innovate in wearables, and expand into new markets to maintain its competitive edge
Read full SWOT analysis
GRMN Full Pro Research
Institutional-Grade Stock Analysis
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Bearish and bullish outlooks
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Garmin Ltd Earnings Call Summary for Q4/2024

  • Record Q3: Revenue up 24% to $1.59B, gross margin 60%, operating income +62% YoY, pro forma EPS +41% to $1.99
  • Full-year outlook raised: Revenue ~$6.12B, pro forma EPS $6.85, gross margin 58.5%, operating margin 24%
  • Strong segment growth: Fitness +31%, Outdoor +21%, Marine +22%; wearables gain market share globally
  • Auto OEM outlook softens: 2024 growth estimate lowered to 40%, monitoring impact on $800M 2025 target
  • Solid financials: $3.5B cash/securities, inventory up for holiday season, all segments achieve record revenue
Last Updated: 31/10/2024, 06:48 am
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Compare GRMN to Peers and Sector

Metrics to compare
GRMN
Peers
Sector
Relationship
P/E Ratio
27.1x16.1x10.8x
PEG Ratio
0.61−0.370.02
Price/Book
5.5x1.6x1.4x
Price / LTM Sales
6.9x0.9x1.0x
Upside (Analyst Target)
−15.0%−12.6%18.9%
Fair Value Upside
Unlock17.6%6.2%Unlock

Analysts' Recommendations

2 Buy
4 Hold
4 Sell
Ratings:
8 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 186.02

(-13.30% Downside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 7.91
Dividend Yield
1.39%
Industry Median 1.79%
Annualised payout
3
Paid quarterly
5-Years Growth
+5.64%
Growth Streak

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FAQ

What Is the Garmin (GRMN) Stock Price Today?

The Garmin stock price today is 214.56

What Stock Exchange Does Garmin Trade On?

Garmin is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Garmin?

The stock symbol for Garmin is "GRMN."

Does Garmin Pay Dividends? What’s The Current Dividend Yield?

The Garmin dividend yield is 1.39%.

What Is the Garmin Market Cap?

As of today, Garmin market cap is 41.20B.

What is Garmin Earnings Per Share?

The Garmin EPS is 7.91.

What Is the Next Garmin Earnings Date?

Garmin will release its next earnings report on 18 Feb 2025.

From a Technical Analysis Perspective, Is GRMN a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Buy.
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