Garmin Ltd (GRMN)

NYSE
Currency in USD
204.61
-3.78(-1.81%)
Real-time Data·
GRMN Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
GRMN is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
204.55206.18
52 wk Range
158.38246.50
Key Statistics
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Prev. Close
208.39
Open
205.51
Day's Range
204.55-206.18
52 wk Range
158.38-246.5
Volume
213.9K
Average Volume (3m)
1.04M
1-Year Change
26.92%
Book Value / Share
42.51
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
198.54
Downside
-2.97%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 8 consecutive years

Garmin Ltd News & Analysis

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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


Market Dynamics
Explore Garmin's position in the competitive wearables market, balancing strong performance in Fitness and Outdoor segments against challenges in other areas
Financial Outlook
Analysts project revenue growth deceleration and potential margin compression for Garmin in 2025, with average price targets ranging from $139 to $188
Innovation Drive
Delve into Garmin's product innovation strategy, crucial for maintaining market leadership and offsetting slowdowns in mature product lines
Strategic Challenges
Learn about Garmin's exposure to cyclical markets and increasing competition, potentially impacting its long-term growth prospects and stock valuation
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, 16:36
Read Full Transcript

Compare GRMN to Peers and Sector

Metrics to compare
GRMN
Peers
Sector
Relationship
P/E Ratio
27.0x25.3x10.8x
PEG Ratio
3.87−0.800.02
Price/Book
4.8x1.3x1.4x
Price / LTM Sales
6.1x1.0x0.9x
Upside (Analyst Target)
−6.1%−10.5%20.4%
Fair Value Upside
Unlock17.5%10.1%Unlock

Analyst Ratings

2 Buy
5 Hold
3 Sell
Ratings:
10 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 198.54
(-2.97% Downside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 7.64%
Dividend Yield
1.73%
Industry Median 1.83%
Annualised payout
3.60
Paid quarterly
5-Years Growth
+8.09%
Growth Streak

Earnings

Latest Release
Apr 30, 2025
EPS / Forecast
1.61 / 1.64
Revenue / Forecast
1.54B / 1.51B
EPS Revisions
Last 90 days

Garmin (GRMN) Income Statement & Profits

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FAQ

What Is the Garmin (GRMN) Stock Price Today?

The Garmin stock price today is 204.61

What Stock Exchange Does Garmin Trade On?

Garmin is listed and trades on the New York Stock Exchange 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 1.73%.

What Is the Garmin Market Cap?

As of today, Garmin market cap is 39.51B.

What Is Garmin's Earnings Per Share (TTM)?

The Garmin EPS (TTM) is 7.64.

When Is the Next Garmin Earnings Date?

Garmin will release its next earnings report on 29 Jul 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.

How Many Times Has Garmin Stock Split?

Garmin has split 1 times.

How Many Employees Does Garmin Have?

Garmin has 21800 employees.

What is the current trading status of Garmin (GRMN)?

As of 13 Jun 2025, Garmin (GRMN) is trading at a price of 204.61, with a previous close of 208.39. The stock has fluctuated within a day range of 204.55 to 206.18, while its 52-week range spans from 158.38 to 246.50.

What Is Garmin (GRMN) Price Target According to Analysts?

The average 12-month price target for Garmin is USD198.5425, with a high estimate of USD285 and a low estimate of USD152. 2 analysts recommend buying the stock, while 3 suggest selling, leading to an overall rating of Neutral. The stock has an -2.97% Downside potential.
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