Garmin Ltd. (GRMN)
| Market Cap | 19.01B |
| Revenue (ttm) | 5.00B |
| Net Income (ttm) | 1.01B |
| Shares Out | 192.86M |
| EPS (ttm) | 5.26 |
| PE Ratio | 18.74 |
| Forward PE | 19.96 |
| Dividend | $2.74 (2.78%) |
| Ex-Dividend Date | Jun 16, 2022 |
| Volume | 537,842 |
| Open | 98.31 |
| Previous Close | 97.60 |
| Day's Range | 97.77 - 100.41 |
| 52-Week Range | 92.31 - 178.81 |
| Beta | 0.96 |
| Analysts | Buy |
| Price Target | 118.52 (+20.3%) |
| Earnings Date | Jul 27, 2022 |
About GRMN
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. Its Fitness segment offers running and multi-sport watches; cycling products; activity tracking and smartwatch devices; and fitness and cycling accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms; and Connect IQ, an application development platform. The company's Outdoor segment offers advent... [Read more...]
Financial Performance
In 2021, Garmin's revenue was $4.98 billion, an increase of 19.02% compared to the previous year's $4.19 billion. Earnings were $1.08 billion, an increase of 9.06%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for GRMN stock is "Buy." The 12-month stock price forecast is 118.52, which is an increase of 20.26% from the latest price.
News
Is It Time to Sell Garmin Stock?
The company had some unwelcome news for investors in its latest earnings report.
Amplify the off-road audio experience with the all-in-one Tread Audio System from Garmin
OLATHE, Kan.--(BUSINESS WIRE)--Garmin International Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced the all-in-one Tread® Audio System with LED Controller featuring audio sources for AM/FM, AU...
Why Garmin Shares Tumbled This Week
Garmin lowered revenue guidance, wiping out previously predicted sales gains for this year.
Garmin (GRMN) Q2 Earnings Beat Estimates, Sales Dip Y/Y
Garmin's (GRMN) second-quarter sales reflect strong momentum across the outdoor and aviation segments amid weakness in the fitness, marine and auto businesses.
Garmin (GRMN) Surpasses Q2 Earnings Estimates
Garmin (GRMN) delivered earnings and revenue surprises of 1.41% and 8.71%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Garmin announces second quarter 2022 results
SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin® Ltd. (NYSE: GRMN) today announced results for the second quarter ended June 25, 2022. Highlights for second quarter 2022 include: Consolidated revenue...
Garmin Q2 Earnings: 3 Trends to Watch
Earnings fell last quarter and could drop again.
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Garmin (GRMN) Bolsters Fitness Segment With HRM-Pro Plus Strap
Garmin (GRMN) introduces a premium heart rate strap named HRM-Pro Plus to help athletes keep track of pace and distance during indoor runs, thereby improving their performance.
Garmin's (GRMN) GPS Cycling Computers to Aid Fitness Segment
Garmin (GRMN) introduces Edge Explore 2 and Edge Explore 2 Power Mount Bundle GPS cycling computers to enhance cyclists' riding experience.
Garmin named official technology sponsor of the Bowerman Track Club
OLATHE, Kan.--(BUSINESS WIRE)--Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced an agreement to become the official technology sponsor of the Bowerman Track Club through 2...
Garmin (GRMN) Lifts Marine Portfolio With New Fishing Bundle
Garmin (GRMN) unveils the LiveScope Plus Ice Fishing Bundle LI, featuring a live-scanning sonar technology and an improved battery life to help anglers fish below ice for longer hours.
Get more out of your training with the new HRM-Pro Plus from Garmin
OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced the HRM-Pro™ Plus, a premium heart rate strap that adds pace and distance data while conti...
Discover new routes with the Edge Explore 2 series from Garmin
OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced the Edge® Explore 2 and Edge Explore 2 Power Mount Bundle, dependable and easy-to-use GPS ...
Garmin brings revolutionary live-scanning sonar technology to coastal and open-water fishing with the new LiveScope X...
OLATHE, Kan.--(BUSINESS WIRE)--Garmin International, Inc., a unit of Garmin Ltd. (NYSE:GRMN), the world's largest1 and most innovative marine electronics manufacturer, today unveiled LiveScope™ XR , the...
Garmin brings LiveScope Plus to its lithium-powered ice fishing bundle
OLATHE, Kan.--(BUSINESS WIRE)--Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), the world's largest1 and most innovative marine electronics manufacturer, today announced the LiveScope™ Pl...
Garmin (GRMN) Expands Automotive Solutions With dezlCam OTR710
Garmin (GRMN) introduces the dezlCam OTR710, featuring a high-definition dash cam to provide safe-driving experience to drivers.
Garmin Ltd. schedules second quarter 2022 earnings call
SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (NYSE: GRMN) invites shareholders and investors to listen to its second quarter 2022 earnings conference call on Wednesday, July 27, 2022 at 10:30...
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Garmin (GRMN) Boosts Marine Segment With Signature 3i Speakers
Garmin (GRMN) launches the Signature Series 3i marine speakers, featuring water-resistant connectors to provide an enhanced audio experience to boaters.
Garmin expands and improves premium Fusion audio lineup with new Signature Series 3i speakers
OLATHE, Kan.--(BUSINESS WIRE)--Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), the world's largest1 and most innovative marine electronics manufacturer, today announced the Signature Ser...
Garmin and Sea Tow join forces to improve boating safety
OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), the world's largest1 and most innovative marine electronics manufacturer, is excited to announce that it i...
Global call for entries announced for 2022 Garmin Health Awards
SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced a global call for entries for its 2022 Garmin Health Awards, celebrating the w...
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Garmin (GRMN) Boosts Marine Segment Via Auto Guidance+ Solution
Garmin (GRMN) makes the Auto Guidance+ technology available in the Navionics Boating smart-device app to provide enhanced experience to boaters, anglers, sailors and drivers.