Garmin Ltd. (GRMN): Price and Financial Metrics
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GRMN POWR Grades
- GRMN scores best on the Sentiment dimension, with a Sentiment rank ahead of 83.59% of US stocks.
- GRMN's strongest trending metric is Quality; it's been moving down over the last 179 days.
- GRMN's current lowest rank is in the Growth metric (where it is better than 22.33% of US stocks).
GRMN Stock Summary
- With a market capitalization of $23,402,423,641, Garmin Ltd has a greater market value than 88.94% of US stocks.
- With a one year PEG ratio of 833.81, Garmin Ltd is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 96.2% of US stocks.
- The ratio of debt to operating expenses for Garmin Ltd is higher than it is for about merely 9.05% of US stocks.
- Stocks that are quantitatively similar to GRMN, based on their financial statements, market capitalization, and price volatility, are KLIC, FKWL, GPL, ON, and HSTO.
- Visit GRMN's SEC page to see the company's official filings. To visit the company's web site, go to www.garmin.com.
GRMN Valuation Summary
- GRMN's price/earnings ratio is 28.5; this is 26.92% lower than that of the median Technology stock.
- GRMN's price/earnings ratio has moved up 8.3 over the prior 243 months.
- Over the past 243 months, GRMN's price/earnings ratio has gone up 8.3.
Below are key valuation metrics over time for GRMN.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| GRMN | 2021-09-01 | 6.9 | 6.0 | 28.5 | 23.8 |
| GRMN | 2021-08-31 | 6.9 | 6.0 | 28.3 | 23.7 |
| GRMN | 2021-08-30 | 7.1 | 6.1 | 29.0 | 24.2 |
| GRMN | 2021-08-27 | 7.0 | 6.1 | 28.6 | 23.9 |
| GRMN | 2021-08-26 | 6.8 | 6.0 | 28.1 | 23.5 |
| GRMN | 2021-08-25 | 6.8 | 5.9 | 28.0 | 23.4 |
GRMN Growth Metrics
- Its 2 year net income to common stockholders growth rate is now at 65.98%.
- The year over year revenue growth rate now stands at 14.43%.
- The 4 year price growth rate now stands at 88.95%.
The table below shows GRMN's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2021-12-31 | 4,982.795 | 1,012.427 | 1,082.2 |
| 2021-09-30 | 4,942.61 | 1,279.283 | 1,129.613 |
| 2021-06-30 | 4,859.831 | 1,308.198 | 1,183.991 |
| 2021-03-31 | 4,402.793 | 1,277.755 | 1,051.174 |
| 2021-03-31 | 4,402.793 | 1,277.755 | 1,051.174 |
| 2020-12-31 | 4,186.573 | 1,135.267 | 992.324 |
GRMN's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- GRMN has a Quality Grade of B, ranking ahead of 83.97% of graded US stocks.
- GRMN's asset turnover comes in at 0.682 -- ranking 109th of 208 Electronic Equipment stocks.
- ALPP, MXL, and DGLY are the stocks whose asset turnover ratios are most correlated with GRMN.
The table below shows GRMN's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-09-25 | 0.682 | 0.589 | 0.350 |
| 2021-06-26 | 0.695 | 0.593 | 0.376 |
| 2021-03-27 | 0.657 | 0.594 | 0.338 |
| 2021-03-27 | 0.657 | 0.594 | 0.338 |
| 2020-12-26 | 0.648 | 0.593 | 0.319 |
| 2020-09-26 | 0.630 | 0.592 | 0.293 |
GRMN Price Target
For more insight on analysts targets of GRMN, see our GRMN price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $167.71 | Average Broker Recommendation | 1.69 (Moderate Buy) |
GRMN Stock Price Chart Interactive Chart >
GRMN Price/Volume Stats
| Current price | $102.49 | 52-week high | $178.80 |
| Prev. close | $99.34 | 52-week low | $96.79 |
| Day low | $100.18 | Volume | 566,000 |
| Day high | $103.02 | Avg. volume | 1,160,505 |
| 50-day MA | $110.49 | Dividend yield | 2.7% |
| 200-day MA | $134.33 | Market Cap | 19.79B |
Garmin Ltd. (GRMN) Company Bio
Garmin Ltd. (shortened to Garmin, stylized as GARMIN, and formerly known as ProNav) is an Swiss-domiciled multinational technology company founded in 1989 by Gary Burrell and Min Kao in Lenexa, Kansas, United States, with headquarters in Olathe, Kansas. Since 2010, the company is incorporated in Schaffhausen, Switzerland. (Source:Wikipedia)
Latest GRMN News From Around the Web
Below are the latest news stories about Garmin Ltd that investors may wish to consider to help them evaluate GRMN as an investment opportunity.
Garmin Stock: Analysts Expect 40% Upside PotentialGarmin (GRMN) is a manufacturer of wireless devices that are sold worldwide. We think it is a good company, but we currently remain neutral on the stock. Garmin's Competitive Advantage There are a couple of ways to quantify a company's competitive advantage using only its income statement. The first method involves calculating the earnings power value (EPV). Earnings power value is measured as adjusted EBIT after tax, divided by the weighted average cost of capital, and reproduction value can be measured using total asset value. If earnings power value is higher than reproduction value, then a company is considered to have a competitive advantage. |
Garmin unveils LiveScope Plus with enhanced resolution, clearer images and even better target separationAward-winning live-scanning sonar continues to change the game for recreational fishing OLATHE, Kan.(BUSINESS WIRE)Garmin ® International, Inc., a unit of Garmin Ltd. (NYSE:GRMN), the worlds largest 1 and most innovative marine electronics manufacturer, today announced the LiveScope Plus System , the latest addition to Garmins revolutionary live-scanning sonar lineup with brilliantly clear live scanning sonar returns and 35% improved target separation over the existing system. Now with sharper resolution, reduced noise, and Garmins clearest images, its easier than ever to see structure, bait and fish around the boat in real time, even while stationary. With three modes Forward, Down and Perspective the LiveScope Plus System also includes the popular Perspective Mode Mount. See the Li... |
What Do Garmin’s Newly Added Risk Factors Tell Investors?Garmin (GRMN) is a Swiss multinational that makes a range of navigation, information, and communications devices. Its products are used in aviation, marine, auto, outdoor, and fitness markets. For Q4 2021, Garmin reported a 3% year-over-year rise in revenue to $1.39 billion, exceeding the consensus estimate of $1.36 billion. It posted EPS of $1.55, which declined from $1.73 in the same quarter the previous year but beat the consensus estimate of $1.37. For full-year 2022, Garmin anticipates a 10% rise in revenue to $5.5 billion. It expects EPS of $5.90. The company recently acquired marine communication equipment and services provider Vesper Marine. |
Garmin's (NYSE:GRMN) Dividend Will Be Increased To US$0.67The board of Garmin Ltd. ( NYSE:GRMN ) has announced that it will be increasing its dividend on the 31st of March to... |
Analysts’ Top Technology Picks: Brightcove (BCOV), Garmin (GRMN)There's a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Brightcove (BCOV – Research Report), Garmin (GRMN – Research Report) and Airbus Group SE (EADSF – Research Report) with bullish sentiments. Brightcove (BCOV) Colliers Securities analyst Steve Frankel maintained a Buy rating on Brightcove today and set a price target of $11.00. The company's shares closed last Wednesday at $9.04, close to its 52-week low of $8.96. According to TipRanks. |
GRMN Price Returns
| 1-mo | -6.40% |
| 3-mo | -7.79% |
| 6-mo | -25.65% |
| 1-year | -26.59% |
| 3-year | 43.00% |
| 5-year | 124.33% |
| YTD | -24.27% |
| 2021 | 15.90% |
| 2020 | 25.86% |
| 2019 | 58.13% |
| 2018 | 9.84% |
| 2017 | 27.59% |
GRMN Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
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Continue Researching GRMN
Want to see what other sources are saying about Garmin Ltd's financials and stock price? Try the links below:Garmin Ltd (GRMN) Stock Price | Nasdaq
Garmin Ltd (GRMN) Stock Quote, History and News - Yahoo Finance
Garmin Ltd (GRMN) Stock Price and Basic Information | MarketWatch
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