Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of navigation, communication, and information devices worldwide. It operates through five segments: Auto, Aviation, Marine, Outdoor, and Fitness.
Garmin stock last closed at $96.82, up 0.83% from the previous day, and has decreased 17.04% in one year. It has overperformed other stocks in the Scientific & Technical Instruments industry by 0 percentage points. Garmin stock is currently +26.78% from its 52-week low of $76.37, and -20.47% from its 52-week high of $121.74.
At the moment, there are 191.36M shares of GRMN outstanding. The market value of GRMN is $18.53B. In the past 24 hours, 556,972 GRMN shares were traded.
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Once you have identified the best place to buy Garmin stock, it's absolutely critical to analyze their stock before you invest, so you actually comprehend the risk and opportunity.
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You can view all of the due diligence checks on GRMN's stock page.
You can use many financial metrics, analyses, models, and charts to gauge GRMN's intrinsic value.
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You can do additional valuation research on GRMN's stock here.
Out of 7 sell side analysts who research GRMN, the consensus analyst rating on GRMN is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Ivan Feinseth, a bottom 10% analyst from Tigress Financial reiterates GRMN with a strong buy rating and maintains their GRMN price target from $165.00 to $165.00, on Mar 3, 2023.
Lauren Chung, a bottom 31% analyst from JP Morgan maintains GRMN with a strong buy rating and raises their GRMN price target from $108.00 to $115.00, on Feb 23, 2023.
Joshua Pokrzywinski, a top 4% analyst from Morgan Stanley maintains GRMN with a hold rating and raises their GRMN price target from $91.00 to $99.00, on Feb 23, 2023.
Tim Long, a top 10% analyst from Barclays maintains GRMN with a hold rating and raises their GRMN price target from $97.00 to $101.00, on Feb 23, 2023.
Erik Woodring, a bottom 7% analyst from Morgan Stanley maintains GRMN with a hold rating and lowers their GRMN price target from $96.00 to $91.00, on Oct 17, 2022.
You can dig deeper into what analysts are saying on the Garmin stock forecast page.
Last year, GRMN earnings were $973.59M. During the last five year, GRMN's earnings have gone up by 6.06% per year. This was slower than the Scientific & Technical Instruments industry average of 18.91%.
Last year, GRMN revenue was $4.86B. During the past five year, GRMN's revenue has grown by 9.26% per year. This was slower than the Scientific & Technical Instruments industry average of 9.35%.
Dive into GRMN's earnings and revenue performance here.
Over the last 12 months, insiders at GRMN have sold more shares than they have bought.
Patrick Desbois, EVP Operations of GRMN, was the latest GRMN insider to sell. They sold $393,113.50 worth of GRMN shares on Feb 28, 2023.
Dig into more about who owns GRMN stock here.
Garmin pays a dividend of 3.02%, compared to the Scientific & Technical Instruments industry's average dividend yield of 1.5%. If you owned $1,000 worth of GRMN stock, you would have been paid $30.16 last year.
Garmin dividend payments have consistently grown over the past decade and have remained stable.
Find more info about Garmin dividend yield and history here.
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