Garmin Ltd (GRMN)

NYSE
Currency in USD
190.61
+1.65(+0.87%)
Closed·
After Hours
190.20-0.41(-0.22%)
·
GRMN Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
Earnings results expected in 13 days
Fair Value
Day's Range
188.43191.92
52 wk Range
138.86246.50
Key Statistics
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Prev. Close
188.96
Open
191.86
Day's Range
188.43-191.92
52 wk Range
138.86-246.5
Volume
799.11K
Average Volume (3m)
1.09M
1-Year Change
32.89%
Book Value / Share
40.87
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 Price
Upside
Price Target
206.95
Upside
+8.57%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 8 consecutive years
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Garmin Company Profile

Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. The company offers running and multi-sport watches; cycling products; smartwatch devices; scales and monitors; Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, enables third parties to create applications that run on Garmin devices. It also provides adventure watches; outdoor handhelds and satellite communicators; golf devices; consumer automotive; dog devices; InReach and Gramin response communication device; and Dive devices. In addition, the company designs, manufactures, and markets various aircraft avionics solutions, including integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponders, weather information and avoidance solutions, datalink and connectivity solutions, and portable GPS navigators and wearables, as well as service products to the aviation market. Further, it offers chartplotters and multi-function displays, cartography products, fishfinders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, audio products, digital switching products, trolling motors, and lighting products; and domain controllers and infotainment units, as well as software, map database, cameras, wearables, and automotive solutions. The company sells its products through independent retailers, dealers, distributors, installation and repair shops, and original equipment manufacturers, as well as online webshop. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.

Employees
21800

Garmin Ltd SWOT Analysis


Wearable Dominance
Garmin's Wearables and Fitness segments drive impressive growth, outpacing market expectations and contributing to a 66.92% year-to-date return in 2024.
Navigating Headwinds
Explore Garmin's strategies to address projected revenue growth deceleration and margin pressures in 2025, amid challenges in Marine and Auto OEM segments.
Valuation Concerns
Delve into analyst skepticism as Garmin trades at 30x estimated 2024 earnings, a premium to its historical average, raising questions about future growth potential.
Innovation vs. Cycles
Learn how Garmin's product innovation in Wearables might offset cyclical weaknesses, with analysts setting price targets ranging from $133 to $181.
Read full SWOT analysis

Garmin Ltd Earnings Call Summary for Q4/2024

  • Q4 2024 EPS of $2.41, up 40% YoY, surpassing $1.91 forecast; revenue reached $1.82B, up 23% YoY
  • Stock surged 12.69% post-earnings, nearing 52-week high; company achieved record revenue across all five business segments
  • Positive 2025 guidance: 8% revenue growth to $6.8B, gross margin of 58.7%, operating margin of 25%
  • Proposed 20% increase in annual dividend to $3.60 per share; CEO emphasized pragmatic approach to guidance
  • Risks include auto OEM softening in China, potential tariff impacts, and increased R&D expenses pressuring short-term profitability
Last Updated: 19-02-2025, 10:06 pm
Read Full Transcript

Compare GRMN to Peers and Sector

Metrics to compare
GRMN
Peers
Sector
Relationship
P/E Ratio
26.1x12.4x10.2x
PEG Ratio
2.98−0.260.02
Price/Book
4.7x1.3x1.4x
Price / LTM Sales
5.9x0.8x0.9x
Upside (Analyst Target)
3.3%18.7%35.2%
Fair Value Upside
Unlock34.1%11.5%Unlock

Analyst Ratings

3 Buy
4 Hold
3 Sell
Ratings:
10 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 206.95
(+8.57% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 7.35%
Dividend Yield
1.91%
Industry Median 1.87%
Annualised payout
3.60
Paid quarterly
5-Years Growth
+5.64%
Growth Streak

Earnings

Latest Release
Feb 19, 2025
EPS / Forecast
2.41 / 1.91
Revenue / Forecast
1.82B / 1.65B
EPS Revisions
Last 90 days

FAQ

What Is the Garmin (GRMN) Stock Price Today?

The Garmin stock price today is 190.61.

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 1.89%.

What Is the Garmin Market Cap?

As of today, Garmin market cap is 36.79B.

What is Garmin Earnings Per Share?

The Garmin EPS is 7.35.

What Is the Next Garmin Earnings Date?

Garmin will release its next earnings report on 29 Apr 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 Strong Sell.
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