Garmin Stock Analysis

GRMN Stock  USD 206.63  5.81  2.73%   
Garmin is fairly valued with Real Value of 203.4 and Target Price of 192.27. The main objective of Garmin stock analysis is to determine its intrinsic value, which is an estimate of what Garmin is worth, separate from its market price. There are two main types of Garmin's stock analysis: fundamental analysis and technical analysis.
The Garmin stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Garmin is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Garmin Stock trading window is adjusted to America/New York timezone.
  
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.

Garmin Stock Analysis Notes

About 18.0% of the company shares are held by company insiders. The company has Price/Earnings To Growth (PEG) ratio of 2.77. Garmin recorded earning per share (EPS) of 7.31. The entity last dividend was issued on the 16th of June 2025. The firm had 2:1 split on the 16th of August 2006. 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. To learn more about Garmin call Clifton Pemble at 41 52 630 1600 or check out https://www.garmin.com/en-US/.

Garmin Quarterly Total Revenue

1.82 Billion

Garmin Investment Alerts

Garmin is unlikely to experience financial distress in the next 2 years
Garmin has a strong financial position based on the latest SEC filings
About 57.0% of the company shares are owned by institutional investors
Latest headline from bizjournals.com: Garmin signs lease for new warehouse in Olathe

Garmin Upcoming and Recent Events

Earnings reports are used by Garmin to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
21st of February 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
21st of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Garmin Largest EPS Surprises

Earnings surprises can significantly impact Garmin's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2003-10-29
2003-09-300.180.20.0211 
2002-10-30
2002-09-300.120.140.0216 
2001-11-01
2001-09-300.10.120.0220 
View All Earnings Estimates

Garmin Environmental, Social, and Governance (ESG) Scores

Garmin's ESG score is a quantitative measure that evaluates Garmin's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Garmin's operations that may have significant financial implications and affect Garmin's stock price as well as guide investors towards more socially responsible investments.

Garmin Thematic Classifications

In addition to having Garmin stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Technology Idea
Technology
Research or development of technologically based good

Garmin Stock Institutional Investors

Shares
Northern Trust Corp2024-12-31
1.7 M
Dimensional Fund Advisors, Inc.2024-12-31
1.6 M
Disciplined Growth Investors Inc2024-12-31
1.4 M
Legal & General Group Plc2024-12-31
1.1 M
Wells Fargo & Co2024-12-31
1.1 M
Goldman Sachs Group Inc2024-12-31
1.1 M
Select Equity Group Lp2024-12-31
M
Ubs Asset Mgmt Americas Inc2024-12-31
999.1 K
Bank Of New York Mellon Corp2024-12-31
956.9 K
Vanguard Group Inc2024-12-31
18.1 M
Blackrock Inc2024-12-31
15.6 M
Note, although Garmin's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Garmin Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 40.87 B.

Garmin Profitablity

The company has Profit Margin (PM) of 0.22 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.28 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.28.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.14  0.20 
Return On Capital Employed 0.16  0.25 
Return On Assets 0.13  0.19 
Return On Equity 0.16  0.24 

Management Efficiency

Garmin has return on total asset (ROA) of 0.1093 % which means that it generated a profit of $0.1093 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.19 %, meaning that it created $0.19 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 18th of March 2025, 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 Return On Tangible Assets are very stable compared to the past year. As of the 18th of March 2025, Fixed Asset Turnover is likely to grow to 6.25, while Intangible Assets are likely to drop about 132.6 M.
Last ReportedProjected for Next Year
Book Value Per Share 32.22  33.83 
Tangible Book Value Per Share 28.35  29.76 
Enterprise Value Over EBITDA 13.93  16.16 
Price Book Value Ratio 2.86  4.84 
Enterprise Value Multiple 13.93  16.16 
Price Fair Value 2.86  4.84 
Enterprise Value6.2 B6.2 B
Garmin has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Dividend Yield
0.0169
Operating Margin
0.2832
Profit Margin
0.2242
Forward Dividend Yield
0.0169
Beta
0.974

Technical Drivers

As of the 18th of March 2025, Garmin retains the Standard Deviation of 2.1, insignificant risk adjusted performance, and Market Risk Adjusted Performance of (0.02). Garmin technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Garmin Price Movement Analysis

The output start index for this execution was six with a total number of output elements of fifty-five. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Garmin middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Garmin. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Garmin Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Garmin insiders, such as employees or executives, is commonly permitted as long as it does not rely on Garmin's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Garmin insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Garmin Outstanding Bonds

Garmin issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Garmin uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Garmin bonds can be classified according to their maturity, which is the date when Garmin has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Garmin Predictive Daily Indicators

Garmin intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Garmin stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Garmin Corporate Filings

F4
17th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
14th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
12th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
11th of March 2025
Other Reports
ViewVerify
F4
28th of February 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
27th of February 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
25th of February 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
24th of February 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

Garmin Forecast Models

Garmin's time-series forecasting models are one of many Garmin's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Garmin's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Garmin Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Garmin prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Garmin shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Garmin. By using and applying Garmin Stock analysis, traders can create a robust methodology for identifying Garmin entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.22  0.31 
Operating Profit Margin 0.21  0.30 
Net Profit Margin 0.20  0.26 
Gross Profit Margin 0.58  0.43 

Current Garmin Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Garmin analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Garmin analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
192.27Hold10Odds
Garmin current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Garmin analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Garmin stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Garmin, talking to its executives and customers, or listening to Garmin conference calls.
Garmin Analyst Advice Details

Garmin Stock Analysis Indicators

Garmin stock analysis indicators help investors 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 understating and applying Garmin stock analysis, traders can identify Garmin position entry and exit signals to maximize returns.
Begin Period Cash Flow1.7 B
Common Stock Shares Outstanding193.5 M
Total Stockholder Equity7.8 B
Tax Provision284 M
Quarterly Earnings Growth Y O Y-0.201
Property Plant And Equipment Net1.4 B
Cash And Short Term Investments2.5 B
Cash2.1 B
Accounts Payable359.4 M
Net Debt-1.9 B
50 Day M A216.7606
Total Current Liabilities1.5 B
Other Operating Expenses4.7 B
Non Current Assets Total4.3 B
Forward Price Earnings27.1003
Non Currrent Assets Other1.3 B
Stock Based Compensation137.2 M
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 Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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
(0.20)
Dividend Share
3
Earnings Share
7.31
Revenue Per Share
32.786
Quarterly Revenue Growth
0.229
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.