Garmin Ltd. (GRMN)

CH — Technology Sector
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Key Metrics & Ratings

  • symbol GRMN
  • Rev/Share 33.5007
  • Book/Share 42.4811
  • PB 4.837
  • Debt/Equity 0.0171
  • CurrentRatio 4.095
  • ROIC 0.1608

 

  • MktCap 39563324680.0
  • FreeCF/Share 6.3232
  • PFCF 32.4958
  • PE 26.9465
  • Debt/Assets 0.0143
  • DivYield 0.0146
  • 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 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 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.

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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.

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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.

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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.

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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.

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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.

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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.

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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
The Setup: Arista Networks, Garmin, Walmart, Shake Shack and Block
ANET, GRMN, SHAK, WMT
Published: February 18, 2025 by: CNBC Television
Sentiment: Neutral

The Investment Committee give you The Setup on some key earnings reporting this week.

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image for news The Setup: Arista Networks, Garmin, Walmart, Shake Shack and Block
BELFB vs. GRMN: Which Stock Should Value Investors Buy Now?
BELFB, GRMN
Published: February 17, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors interested in Electronics - Miscellaneous Products stocks are likely familiar with Bel Fuse (BELFB) and Garmin (GRMN). But which of these two companies is the best option for those looking for undervalued stocks?

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image for news BELFB vs. GRMN: Which Stock Should Value Investors Buy Now?
Garmin to Report Q4 Earnings: What's in Store for the Stock?
GRMN
Published: February 17, 2025 by: Zacks Investment Research
Sentiment: Positive

GRMN's fourth-quarter 2024 results are likely to benefit from growth in its fitness, marine, aviation, auto OEM and outdoor end markets.

Read More
image for news Garmin to Report Q4 Earnings: What's in Store for the Stock?
Garmin announces the Descent G2 watch-style dive computer
GRMN
Published: February 12, 2025 by: PRNewsWire
Sentiment: Neutral

All-in-one dive computer and smartwatch adds a bright AMOLED display for easy reading at any depth plus tools for life in and out of the water OLATHE, Kan. , Feb. 12, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced the Descent™ G2 , a rugged watch-style dive computer with features to help divers explore both their underwater and topside worlds.

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image for news Garmin announces the Descent G2 watch-style dive computer
Garmin (GRMN) Stock Slides as Market Rises: Facts to Know Before You Trade
GRMN
Published: February 10, 2025 by: Zacks Investment Research
Sentiment: Negative

In the latest trading session, Garmin (GRMN) closed at $215.73, marking a -0.89% move from the previous day.

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image for news Garmin (GRMN) Stock Slides as Market Rises: Facts to Know Before You Trade

About Garmin Ltd. (GRMN)

  • IPO Date 2000-12-08
  • Website https://www.garmin.com
  • Industry Hardware, Equipment & Parts
  • CEO Mr. 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.