Garmin Stock Price on March 26, 2024

GRMN Stock  USD 211.02  2.03  0.97%   
Below is the normalized historical share price chart for Garmin extending back to December 08, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Garmin stands at 211.02, as last reported on the 24th of December, with the highest price reaching 211.07 and the lowest price hitting 208.98 during the day.
IPO Date
12th of December 2000
200 Day MA
172.4019
50 Day MA
199.0942
Beta
0.983
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Garmin Stock, it is important to understand the factors that can impact its price. Garmin appears to be very steady, given 3 months investment horizon. Garmin holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Garmin, which you can use to evaluate the volatility of the firm. Please utilize Garmin's Downside Deviation of 1.44, market risk adjusted performance of (1.06), and Risk Adjusted Performance of 0.0949 to validate if our risk estimates are consistent with your expectations.
  
At this time, Garmin's Total Stockholder Equity is very stable compared to the past year. As of the 24th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 9 B, while Common Stock Shares Outstanding is likely to drop about 161.3 M. . At this time, Garmin's Price To Sales Ratio is very stable compared to the past year. As of the 24th of December 2024, Price Earnings Ratio is likely to grow to 21.87, though Price Earnings To Growth Ratio is likely to grow to (1.97). Garmin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1134

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Estimated Market Risk

 3.17
  actual daily
28
72% of assets are more volatile

Expected Return

 0.36
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Garmin is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Garmin by adding it to a well-diversified portfolio.
Price Book
5.3462
Enterprise Value Ebitda
23.6816
Price Sales
6.747
Shares Float
154.4 M
Dividend Share
3

Garmin Valuation on March 26, 2024

It is possible to determine the worth of Garmin on a given historical date. On March 26, 2024 Garmin was worth 144.73 at the beginning of the trading date compared to the closed value of 145.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Garmin stock. Still, in general, we apply an absolute valuation method to find Garmin's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Garmin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Garmin's related companies.
 Open High Low Close Volume
  145.15    146.04    144.66    144.89    520,853  
03/26/2024
  144.73    145.98    144.73    145.60    676,001  
  146.15    146.37    145.11    146.17    709,455  
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Open Value
144.73
135.23
Downside
145.6
Closing Value
154.23
Upside

Garmin Trading Date Momentum on March 26, 2024

On March 27 2024 Garmin was traded for  146.17  at the closing time. The top price for the day was 146.37  and the lowest listed price was  145.11 . The trading volume for the day was 709.5 K. The trading history from March 27, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 0.39% . The overall trading delta against the current closing price is 1.37% .

Garmin Fundamentals Correlations and Trends

By evaluating Garmin's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Garmin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Garmin financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Garmin Stock history

Garmin investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Garmin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Garmin will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Garmin stock prices may prove useful in developing a viable investing in Garmin
Last ReportedProjected for Next Year
Common Stock Shares Outstanding192.1 M161.3 M
Net Income Applicable To Common Shares1.1 B614.3 M

Garmin Quarterly Net Working Capital

3.63 Billion

Garmin Stock Technical Analysis

Garmin technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Garmin technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Garmin trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Garmin Period Price Range

Low
December 24, 2024
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High

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Garmin cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Garmin December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Garmin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Garmin shares will generate the highest return on investment. By undertsting and applying Garmin stock market strength indicators, traders can identify Garmin entry and exit signals to maximize returns

Garmin Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Garmin's price direction in advance. Along with the technical and fundamental analysis of Garmin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Garmin to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Garmin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Garmin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Garmin Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Garmin Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Garmin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Garmin Stock, please use our How to Invest in Garmin guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Consumer Electronics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Garmin. If investors know Garmin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Garmin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.545
Dividend Share
3
Earnings Share
7.88
Revenue Per Share
31.044
Quarterly Revenue Growth
0.241
The market value of Garmin is measured differently than its book value, which is the value of Garmin that is recorded on the company's balance sheet. Investors also form their own opinion of Garmin's value that differs from its market value or its book value, called intrinsic value, which is Garmin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Garmin's market value can be influenced by many factors that don't directly affect Garmin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Garmin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Garmin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Garmin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.