Garmin Ltd's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 23/54 in the Communications & Networking industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 221.43.In the medium term, the stock price is expected to trend down.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Garmin Ltd's Score
Industry at a Glance
Industry Ranking
23 / 54
Overall Ranking
155 / 4562
Industry
Communications & Networking
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
9
analysts
Hold
Current Rating
221.426
Target Price
+10.01%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Garmin Ltd Highlights
StrengthsRisks
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.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 29.56% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 6.30B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 40.86%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 40.86%.
Fairly Valued
The company’s latest PB is 4.65, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 110.37M shares, decreasing 3.71% quarter-over-quarter.
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.
Ticker SymbolGRMN
CompanyGarmin Ltd
CEOPemble (Clifton Albert)
Websitehttps://www.garmin.com/
FAQs
What is the current price of Garmin Ltd (GRMN)?
The current price of Garmin Ltd (GRMN) is 204.890.
What is the symbol of Garmin Ltd?
The ticker symbol of Garmin Ltd is GRMN.
What is the 52-week high of Garmin Ltd?
The 52-week high of Garmin Ltd is 261.690.
What is the 52-week low of Garmin Ltd?
The 52-week low of Garmin Ltd is 169.260.
What is the market capitalization of Garmin Ltd?
The market capitalization of Garmin Ltd is 39.42B.
What is the net income of Garmin Ltd?
The net income of Garmin Ltd is 1.41B.
Is Garmin Ltd (GRMN) currently rated as Buy, Hold, or Sell?
According to analysts, Garmin Ltd (GRMN) has an overall rating of Hold, with a price target of 221.426.
What is the Earnings Per Share (EPS TTM) of Garmin Ltd (GRMN)?
The Earnings Per Share (EPS TTM) of Garmin Ltd (GRMN) is 8.165.