In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
Garmin Ltd (NYSE: GRMN) closed the day trading at $206.63 down -2.73% from the previous closing price of $212.44. In other words, the price has decreased by -$2.73 from its previous closing price. On the day, 1.24 million shares were traded. GRMN stock price reached its highest trading level at $211.91 during the session, while it also had its lowest trading level at $204.8.
Ratios:
For a better understanding of GRMN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.09. 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 40874307584 and an Enterprise Value of 37418442752. As of this moment, Garmin’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.28, and their Forward P/E ratio for the next fiscal year is 24.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.31 while its Price-to-Book (P/B) ratio in mrq is 5.07. Its current Enterprise Value per Revenue stands at 5.942 whereas that against EBITDA is 21.096.
Stock Price History:
The Beta on a monthly basis for GRMN is 0.95, which has changed by 0.40871286 over the last 52 weeks, in comparison to a change of 0.07465422 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 -4.69%, while the 200-Day Moving Average is calculated to be 8.58%.
Shares Statistics:
Over the past 3-months, GRMN traded about 873.49K shares per day on average, while over the past 10 days, GRMN traded about 998150 shares per day. A total of 192.47M shares are outstanding, with a floating share count of 157.22M. Insiders hold about 18.29% of the company’s shares, while institutions hold 56.48% stake in the company. Shares short for GRMN as of 1740700800 were 2957963 with a Short Ratio of 3.39, compared to 1738281600 on 2747483. Therefore, it implies a Short% of Shares Outstanding of 2957963 and a Short% of Float of 1.91.
Dividends & Splits
GRMN’s forward annual dividend rate is 3.00, up from 3.0 a year ago. Against a Trailing Annual Dividend Yield of 0.014121634The stock’s 5-year Average Dividend Yield is 2.27. The current Payout Ratio is 40.81% for GRMN, which recently paid a dividend on 2024-12-13 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.
