Garmin Ltd (GRMN)

NYSE
Currency in USD
186.83
-3.78(-1.98%)
Closed·
After Hours
186.15-0.68(-0.36%)
·
GRMN Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
Earnings results expected in 8 days
Fair Value
Day's Range
183.75188.64
52 wk Range
140.46246.50
Key Statistics
Edit
Prev. Close
190.61
Open
187.12
Day's Range
183.75-188.64
52 wk Range
140.46-246.5
Volume
627.75K
Average Vol. (3m)
1.08M
1-Year Change
33.91%
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
201.95
Upside
+8.09%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 8 consecutive years
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Garmin Ltd 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


Strategic Challenges
Learn about Garmin's exposure to cyclical markets and increasing competition, potentially impacting its long-term growth prospects and stock valuation
Innovation Drive
Delve into Garmin's product innovation strategy, crucial for maintaining market leadership and offsetting slowdowns in mature product lines
Financial Outlook
Analysts project revenue growth deceleration and potential margin compression for Garmin in 2025, with average price targets ranging from $139 to $188
Market Dynamics
Explore Garmin's position in the competitive wearables market, balancing strong performance in Fitness and Outdoor segments against challenges in other areas
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: 02/19/2025, 11:34 AM
Read Full Transcript

Compare GRMN to Peers and Sector

Metrics to compare
GRMN
Peers
Sector
Relationship
P/E Ratio
25.5x12.4x10.2x
PEG Ratio
2.90−0.260.02
Price / Book
4.6x1.3x1.4x
Price / LTM Sales
5.7x0.8x0.9x
Upside (Analyst Target)
4.6%20.0%34.4%
Fair Value Upside
Unlock36.5%11.3%Unlock

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 201.95
(+8.09% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 7.35%
Dividend Yield
1.89%
Industry Median 1.87%
Annualized 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

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FAQ

What Is the Garmin (GRMN) Stock Price Today?

The Garmin stock price today is 186.83

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 1.93%.

What Is the Garmin Market Cap?

As of today, Garmin market cap is 35.95B.

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 Apr 30, 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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