Laurie Minard - Garmin Vice Resources

GRMN Stock  USD 208.99  3.57  1.74%   

Executive

Laurie Minard is Vice Resources of Garmin
Age 57
Address Mühlentalstrasse 2, Schaffhausen, Switzerland, 8200
Phone41 52 630 1600
Webhttps://www.garmin.com

Garmin Management Efficiency

The company has return on total asset (ROA) of 0.1024 % which means that it generated a profit of $0.1024 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2191 %, meaning that it created $0.2191 on every $100 dollars invested by stockholders. Garmin's management efficiency ratios could be used to measure how well Garmin manages its routine affairs as well as how well it operates its assets and liabilities. As of the 20th of December 2024, Return On Tangible Assets is likely to grow to 0.20. Also, Return On Capital Employed is likely to grow to 0.25. At this time, Garmin's Fixed Asset Turnover is very stable compared to the past year. As of the 20th of December 2024, Return On Assets is likely to grow to 0.19, while Total Current Assets are likely to drop about 2.3 B.
Garmin currently holds 113.03 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Garmin has a current ratio of 2.7, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Garmin's use of debt, we should always consider it together with its cash and equity.

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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. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland. Garmin operates under High Precision And Instrumentation Products classification in the United States and is traded on New York Stock Exchange. It employs 18700 people. Garmin (GRMN) is traded on New York Stock Exchange in USA. It is located in Mühlentalstrasse 2, Schaffhausen, Switzerland, 8200 and employs 19,900 people. Garmin is listed under Consumer Electronics category by Fama And French industry classification.

Management Performance

Garmin Leadership Team

Elected by the shareholders, the Garmin's board of directors comprises two types of representatives: Garmin inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Garmin. The board's role is to monitor Garmin's management team and ensure that shareholders' interests are well served. Garmin's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Garmin's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joshua Maxfield, General VP
Min Kao, Executive Chairman of the Board
Bradley Trenkle, CoChief Officer
Charles Peffer, Independent Director
Clifton Pemble, CEO and President Director and President of Garmin International Inc and President of Garmin USA Inc and President of Garmin AT Inc
Patrick Desbois, Executive Vice President - Operations
Philip Straub, Inc International
Joseph Hartnett, Independent Director
Douglas Boessen, Chief Financial Officer, Treasurer
MinHwan Kao, CoFounder Chairman
Laurie Minard, Vice Resources
Jonathan Burrell, Independent Director
Sean Biddlecombe, Managing EMEA
Ted Gartner, Director Communications
Andrew JD, VP Secretary
Douglas CPA, CFO Treasurer
Catherine Lewis, Independent Director
Teri Seck, Manager, Investor Relations
Andrew Etkind, Vice President, General Counsel, Secretary
Susan Lyman, VP Marketing
Brad Trenkle, CoChief Officer

Garmin Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Garmin a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Garmin

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Garmin position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Garmin will appreciate offsetting losses from the drop in the long position's value.

Moving together with Garmin Stock

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Moving against Garmin Stock

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The ability to find closely correlated positions to Garmin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Garmin when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Garmin - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Garmin to buy it.
The correlation of Garmin is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Garmin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Garmin moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Garmin can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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
7.87
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.