Garmin Ltd. (GRMN)

CH — Technology Sector
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Key Metrics & Ratings

  • symbol GRMN
  • Rev/Share 33.5007
  • Book/Share 42.4811
  • PB 5.4613
  • Debt/Equity 0.0171
  • CurrentRatio 4.095
  • ROIC 0.1608

 

  • MktCap 44669512000.0
  • FreeCF/Share 6.3232
  • PFCF 36.6899
  • PE 30.4243
  • Debt/Assets 0.0143
  • DivYield 0.0136
  • ROE 0.1923

 

  • Rating A-
  • Score 4
  • Recommendation Buy
  • P/E Score 2
  • DCF Score 4
  • P/B Score 2
  • D/E Score 4

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade GRMN Morgan Stanley Equal Weight Underweight $155 $138 Oct. 7, 2024
Downgrade GRMN Barclays Equal Weight Underweight $181 $133 Sept. 13, 2024

News

Garmin receives 10th consecutive best supplier recognition from Embraer
GRMN
Published: April 22, 2025 by: PRNewsWire
Sentiment: Neutral

Honor marks 17 th top supplier award Embraer has presented to Garmin OLATHE, Kan. , April 22, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced it received a Best Supplier of the Year award for the tenth consecutive year by Embraer at its annual Suppliers Conference which was held at Embraer's Eugênio de Melo facility April 14-15.

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image for news Garmin receives 10th consecutive best supplier recognition from Embraer
DKILY vs. GRMN: Which Stock Is the Better Value Option?
DKILY, GRMN
Published: April 08, 2025 by: Zacks Investment Research
Sentiment: Neutral

Investors looking for stocks in the Electronics - Miscellaneous Products sector might want to consider either Daikin Industries (DKILY) or Garmin (GRMN). But which of these two stocks is more attractive to value investors?

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image for news DKILY vs. GRMN: Which Stock Is the Better Value Option?
Is Garmin's Ongoing Product Innovation a Sign to Buy the Stock?
GRMN
Published: April 04, 2025 by: Zacks Investment Research
Sentiment: Positive

GRMN is well-positioned for sustained growth due to its continuous product innovation, which investors can see as a compelling entry point in 2025.

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image for news Is Garmin's Ongoing Product Innovation a Sign to Buy the Stock?
3 Electronics Stocks to Buy From a Challenging Industry
GRMN, HAYW, MIELY
Published: April 04, 2025 by: Zacks Investment Research
Sentiment: Positive

Electronics stocks like GRMN, MIELY and HAYW are expected to benefit from investments in infrastructure and expanded capacity despite macroeconomic headwinds.

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image for news 3 Electronics Stocks to Buy From a Challenging Industry
Here's Why Garmin (GRMN) is a Strong Growth Stock
GRMN
Published: April 04, 2025 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

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image for news Here's Why Garmin (GRMN) is a Strong Growth Stock
Elevate your health and fitness goals with Garmin Connect+
GRMN
Published: March 27, 2025 by: PRNewsWire
Sentiment: Neutral

Access premium features and more personalized insights in the Garmin Connect app OLATHE, Kan. , March 27, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced Garmin Connect+ , a premium plan that provides new features and even more personalized insights in the Garmin Connect™ smartphone app.

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image for news Elevate your health and fitness goals with Garmin Connect+
Garmin Ltd. schedules first quarter 2025 earnings call
GRMN
Published: March 26, 2025 by: PRNewsWire
Sentiment: Neutral

SCHAFFHAUSEN, Switzerland , March 26, 2025 /PRNewswire/ -- Garmin Ltd. (NYSE: GRMN) invites shareholders and investors to listen to its first quarter 2025 earnings conference call on Wednesday, April 30, 2025, at 10:30 a.m.

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image for news Garmin Ltd. schedules first quarter 2025 earnings call
4 Tech Stocks Penetrating the Health and Fitness Wearables Market
AAPL, GOOGL, GRMN, META
Published: March 25, 2025 by: Zacks Investment Research
Sentiment: Neutral

Let's take a look at four tech stocks, AAPL, GOOGL, GRMN and META, which are penetrating the Health and Fitness Wearables Market.

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image for news 4 Tech Stocks Penetrating the Health and Fitness Wearables Market
Garmin G3000 PRIME selected for Pilatus PC-7 MKX military training aircraft
GRMN
Published: March 25, 2025 by: PRNewsWire
Sentiment: Neutral

Announcement marks first selection of the state-of-the-art avionics suite for the military training market OLATHE, Kan. , March 25, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced its G3000® PRIME tandem integrated flight deck has been selected by Pilatus for its PC-7 MKX military training aircraft.

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image for news Garmin G3000 PRIME selected for Pilatus PC-7 MKX military training aircraft
Garmin announces integration with Clippd to help golfers improve their game
GRMN
Published: March 25, 2025 by: PRNewsWire
Sentiment: Neutral

Golf performance platform will utilize Garmin data to provide unique information to players for dialing in their game OLATHE, Kan. , March 25, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced an integration with Clippd, a unique data-driven performance platform that helps golfers understand where and how they can improve their game.

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image for news Garmin announces integration with Clippd to help golfers improve their game
Garmin named 2025 IBBI Supplier of the Year
GRMN
Published: March 20, 2025 by: PRNewsWire
Sentiment: Neutral

Leading international boat builder group honors Garmin marine for outstanding service and support for second year in a row OLATHE, Kan. , March 20, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN), the world's most innovative and recognized marine electronics manufacturer, today announced it was awarded the prestigious Supplier of the Year distinction by Independent Boat Builders, Inc. (IBBI).

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image for news Garmin named 2025 IBBI Supplier of the Year
Garmin (GRMN) Increases Yet Falls Behind Market: What Investors Need to Know
GRMN
Published: March 19, 2025 by: Zacks Investment Research
Sentiment: Neutral

Garmin (GRMN) closed the most recent trading day at $208.77, moving +1.04% from the previous trading session.

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image for news Garmin (GRMN) Increases Yet Falls Behind Market: What Investors Need to Know
Garmin Rises 45% in a Year: Is it the Right Time to Buy the Stock?
GRMN
Published: March 13, 2025 by: Zacks Investment Research
Sentiment: Positive

GRMN's Fitness, Outdoor and Marine products are going to be the key growth drivers for Garmin in the upcoming quarters.

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image for news Garmin Rises 45% in a Year: Is it the Right Time to Buy the Stock?
3 Top Ranked Stock to Buy on this Pullback (FLUT, GRMN, PLMR)
FLUT, GRMN, PLMR
Published: February 27, 2025 by: Zacks Investment Research
Sentiment: Negative

Market volatility has picked up in recent weeks, leading to sharp declines in numerous high-flying stocks. Even some of the market's strongest names, including Palantir, Applovin, and established giants like Amazon and Alphabet, have faced considerable selling pressure.

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image for news 3 Top Ranked Stock to Buy on this Pullback (FLUT, GRMN, PLMR)
Annual inReach SOS report emphasizes the value of Garmin satellite communication devices
GRMN
Published: February 27, 2025 by: PRNewsWire
Sentiment: Neutral

Garmin report offers key insights and information into SOS trends from around the world OLATHE, Kan. , Feb. 27, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today released its 2024 inReach® SOS Report , highlighting trends involving SOS incidents reported to Garmin Response℠ during the past calendar year.

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image for news Annual inReach SOS report emphasizes the value of Garmin satellite communication devices
New Strong Buy Stocks for February 26th
FINW, GRMN, LNVGY, PFIS, SSB
Published: February 26, 2025 by: Zacks Investment Research
Sentiment: Positive

FINW, PFIS, LNVGY, SSB and GRMN have been added to the Zacks Rank #1 (Strong Buy) List on February 26, 2025.

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image for news New Strong Buy Stocks for February 26th
Why Garmin (GRMN) is a Top Growth Stock for the Long-Term
GRMN
Published: February 25, 2025 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Read More
image for news Why Garmin (GRMN) is a Top Growth Stock for the Long-Term
5 Top-Ranked Stocks Poised for an Earnings Beat
DOCS, FTNT, GRMN, LYFT, THC
Published: February 25, 2025 by: Zacks Investment Research
Sentiment: Positive

Top-ranked stocks Tenet Healthcare (THC), Fortinet (FTNT), Lyft (LYFT), Garmin (GRMN) and Doximity (DOCS) are likely to beat on the bottom line in their upcoming releases.

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image for news 5 Top-Ranked Stocks Poised for an Earnings Beat
Why Garmin Stock Hit an All-Time High This Week
GRMN
Published: February 21, 2025 by: The Motley Fool
Sentiment: Positive

Garmin (GRMN -0.96%) has been riding a wave of success in recent years. Once thought of only as a provider of navigation devices, the company now has a loyal following of fitness-oriented consumers, athletes, outdoor enthusiasts, and professionals in the aviation and marine sectors.

Read More
image for news Why Garmin Stock Hit an All-Time High This Week
Garmin's Growth Signals Wearables Surge: Stocks to Watch
GRMN
Published: February 21, 2025 by: MarketBeat
Sentiment: Positive

Garmin's NYSE: GRMN Q4 results and 2025 guidance sent its shares to new highs because of broad-based strength centered in consumer products. Its fitness and outdoor segments led with high double-digit growth driven by demand for wearables across categories.

Read More
image for news Garmin's Growth Signals Wearables Surge: Stocks to Watch
Garmin Q4 2024: Record Revenue Masks Underlying Risks
GRMN
Published: February 21, 2025 by: Seeking Alpha
Sentiment: Negative

Garmin reported record revenue of $1.82B, a 40% EPS increase, and a 20% dividend hike, driven by strong product diversification and innovation. Competition in Fitness, persistent losses in Auto OEM, and soft demand in Marine pose potential headwinds, alongside geopolitical risks in Taiwan. The stock has surged 108.56% since November 2023, trading above historical valuation metrics, making it less attractive at current levels.

Read More
image for news Garmin Q4 2024: Record Revenue Masks Underlying Risks
Garmin Q4 Earnings Beat: Will a Strong Guidance Lift the Stock?
GRMN
Published: February 20, 2025 by: Zacks Investment Research
Sentiment: Positive

GRMN's fourth-quarter 2024 results reflect solid momentum across Outdoor, Fitness, Aviation, Marine and Auto OEM segments.

Read More
image for news Garmin Q4 Earnings Beat: Will a Strong Guidance Lift the Stock?
S&P 500 Gains and Losses Today: Garmin Jumps on Fitness, Outdoor Device Sales
GRMN
Published: February 19, 2025 by: Investopedia
Sentiment: Positive

Major U.S. equities indexes posted gains that were enough to send the S&P 500 to another record high as investors shook off tariffs and watched corporate earnings.

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image for news S&P 500 Gains and Losses Today: Garmin Jumps on Fitness, Outdoor Device Sales
Overlooked Stock: GRMN All-Time High
GRMN
Published: February 19, 2025 by: Schwab Network
Sentiment: Positive

Garmin (GRMN) surged higher after 4Q earnings surpassed Wall Street estimates. The company proposed raising its dividend by 20% to $3.60 per share.

Read More
image for news Overlooked Stock: GRMN All-Time High
Final Trades: Garmin, Alphabet, ServiceNow and CNX Resources
CNX, GOOG, GOOGL, GRMN, NOW
Published: February 19, 2025 by: CNBC Television
Sentiment: Neutral

The Investment Committee give you their top stocks to watch for the second half.

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image for news Final Trades: Garmin, Alphabet, ServiceNow and CNX Resources
Garmin Ltd. (GRMN) Q4 2024 Earnings Call Transcript
GRMN
Published: February 19, 2025 by: Seeking Alpha
Sentiment: Neutral

Garmin Ltd. (NYSE:GRMN ) Q4 2024 Earnings Conference Call February 19, 2025 10:30 AM ET Company Participants Teri Seck - Manager, IR Cliff Pemble - President, CEO & Director Doug Boessen - CFO & Treasurer Conference Call Participants Joseph Cardoso - J.P.

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image for news Garmin Ltd. (GRMN) Q4 2024 Earnings Call Transcript
Housing Puts Up Mixed Numbers; Earnings for ETSY, GRMN & More
ETSY, GRMN, JLL
Published: February 19, 2025 by: Zacks Investment Research
Sentiment: Neutral

New Housing Starts last month were notably lower than the previous month.

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image for news Housing Puts Up Mixed Numbers; Earnings for ETSY, GRMN & More
Here's What Key Metrics Tell Us About Garmin (GRMN) Q4 Earnings
GRMN
Published: February 19, 2025 by: Zacks Investment Research
Sentiment: Positive

Although the revenue and EPS for Garmin (GRMN) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

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image for news Here's What Key Metrics Tell Us About Garmin (GRMN) Q4 Earnings
Garmin Surpasses Q4 Revenue Forecast
GRMN
Published: February 19, 2025 by: The Motley Fool
Sentiment: Positive

Garmin (GRMN 7.97%), known for its leadership in GPS technology across varied segments like fitness, outdoor, aviation, marine, and automotive, released its fourth-quarter 2024 earnings on Feb. 19.

Read More
image for news Garmin Surpasses Q4 Revenue Forecast
Garmin announces fourth quarter and fiscal year 2024 results
GRMN
Published: February 19, 2025 by: PRNewsWire
Sentiment: Neutral

Reports record full-year revenue and profit, and proposes a 20% dividend increase SCHAFFHAUSEN, Switzerland , Feb. 19, 2025 /PRNewswire/ -- Garmin® Ltd. (NYSE: GRMN), today announced results for the fourth quarter ended December 28, 2024.

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image for news Garmin announces fourth quarter and fiscal year 2024 results

About Garmin Ltd. (GRMN)

  • IPO Date 2000-12-08
  • Website https://www.garmin.com
  • Industry Hardware, Equipment & Parts
  • CEO Clifton Albert Pemble
  • Employees 21800

Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices in the Americas, the Asia Pacific, Australian Continent, Europe, the Middle East, and Africa. Its Fitness segment offers running and multi-sport watches; cycling products; activity tracking and smartwatch devices; and fitness and cycling accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms; and Connect IQ, an application development platform. The company's Outdoor segment offers adventure watches, outdoor handhelds, golf devices and mobile apps, and dog tracking and training devices. Its Aviation segment designs, manufactures, and markets various aircraft avionics solutions comprising 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 transponder solutions, weather information and avoidance solutions, datalink and connectivity solutions, portable GPS navigators and wearables, and various services products. The company's Marine segment provides chartplotters and multi-function displays, cartography products, fish finders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, entertainment, digital switching products, and trolling motors. Its Auto segment offers embedded computing models and infotainment systems; personal navigation devices; and cameras. The company sells its products through independent retailers, online retailers, dealers, distributors, installation and repair shops, and original equipment manufacturers, as well as an online webshop, garmin.com. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.