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After finishing at $173.63 in the prior trading day, Garmin Ltd (NYSE: GRMN) closed at $192.71, up 10.99%. In other words, the price has increased by $10.99 from its previous closing price. On the day, 2.13 million shares were traded. GRMN stock price reached its highest trading level at $195.59 during the session, while it also had its lowest trading level at $170.0.
Ratios:
Our goal is to gain a better understanding of GRMN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.93. For the most recent quarter (mrq), Quick Ratio is recorded 2.55 and its Current Ratio is at 3.52. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on October 07, 2024, Downgraded its rating to Underweight and sets its target price to $138 from $155 previously.
On September 13, 2024, Barclays Downgraded its rating to Underweight which previously was Equal Weight and also lowered its target price recommendation from $181 to $133.
BofA Securities Downgraded its Neutral to Underperform on May 22, 2024, whereas the target price for the stock was revised from $165 to $150.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 10 ’25 when LYMAN SUSAN sold 2,829 shares for $215.51 per share. The transaction valued at 609,677 led to the insider holds 8,432 shares of the business.
Susan Lyman bought 2,829 shares of GRMN for $609,555 on Mar 10 ’25. On Feb 28 ’25, another insider, Boessen Douglas G., who serves as the CFO and Treasurer of the company, sold 2,763 shares for $226.55 each. As a result, the insider received 625,969 and left with 30,936 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GRMN now has a Market Capitalization of 37078175744 and an Enterprise Value of 31998427136. As of this moment, Garmin’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.38, and their Forward P/E ratio for the next fiscal year is 22.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.89 while its Price-to-Book (P/B) ratio in mrq is 4.73. Its current Enterprise Value per Revenue stands at 5.082 whereas that against EBITDA is 18.04.
Stock Price History:
The Beta on a monthly basis for GRMN is 1.06, which has changed by 0.31920862 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. Over the past 52 weeks, GRMN has reached a high of $246.50, while it has fallen to a 52-week low of $138.86. The 50-Day Moving Average of the stock is -10.01%, while the 200-Day Moving Average is calculated to be -0.50%.
Shares Statistics:
The stock has traded on average 1.06M shares per day over the past 3-months and 1512460 shares per day over the last 10 days, according to various share statistics. A total of 192.47M shares are outstanding, with a floating share count of 162.21M. Insiders hold about 15.70% of the company’s shares, while institutions hold 56.49% stake in the company. Shares short for GRMN as of 1741910400 were 3976032 with a Short Ratio of 3.75, compared to 1739491200 on 3079824. Therefore, it implies a Short% of Shares Outstanding of 3976032 and a Short% of Float of 2.5700000000000003.
Dividends & Splits
In the trailing 12 months, GRMN’s forward annual dividend rate was 3.0, compared to 3.00 this year. Against a Trailing Annual Dividend Yield of 0.01727812The stock’s 5-year Average Dividend Yield is 2.24. The current Payout Ratio is 40.81% for GRMN, which recently paid a dividend on 2025-03-14 with an ex-dividend date of 1750032000. Stock splits for the company last occurred on 2006-08-16 when the company split stock in a 2:1 ratio.
Earnings Estimates
The current assessment of Garmin Ltd (GRMN) involves the perspectives of 7.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $1.82, with high estimates of $2.0 and low estimates of $1.69.
Analysts are recommending an EPS of between $8.55 and $7.27 for the fiscal current year, implying an average EPS of $7.91. EPS for the following year is $8.65, with 8.0 analysts recommending between $9.45 and $7.71.
Revenue Estimates
5 analysts predict $1.5B in revenue for the current quarter. It ranges from a high estimate of $1.54B to a low estimate of $1.45B. As of the current estimate, Garmin Ltd’s year-ago sales were $1.38BFor the next quarter, 5 analysts are estimating revenue of $1.68B. There is a high estimate of $1.71B for the next quarter, whereas the lowest estimate is $1.63B.
A total of 8 analysts have provided revenue estimates for GRMN’s current fiscal year. The highest revenue estimate was $7.02B, while the lowest revenue estimate was $6.55B, resulting in an average revenue estimate of $6.82B. In the same quarter a year ago, actual revenue was $6.3BBased on 8 analysts’ estimates, the company’s revenue will be $7.36B in the next fiscal year. The high estimate is $7.58B and the low estimate is $6.91B.
