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Garmin Ltd. (GRMN)

Stock Price: $99.97 USD 1.38 (1.40%)
Updated Aug 3, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 19.12B
Revenue (ttm) 3.76B
Net Income (ttm) 934.02M
Shares Out 191.24M
EPS (ttm) 4.88
PE Ratio 20.49
Forward PE 24.63
Dividend $2.44
Dividend Yield 2.44%

Stock Quote

Trading Day Aug 3, 2020
Last Price $99.97
Previous Close $98.59
Change ($) 1.38
Change (%) 1.40%
Day's Open 99.12
Day's Range 98.70 - 100.52
Day's Volume 951,747
52-Week Range 61.04 - 105.58

More Stats

Market Cap 19.12B
Enterprise Value 17.44B
Earnings Date (est) Oct 28, 2020
Ex-Dividend Date Jun 12, 2020
Shares Outstanding 191.24M
Float 140.09M
EPS (basic) 4.89
EPS (diluted) 4.88
FCF / Share 3.64
Dividend $2.44
Dividend Yield 2.44%
Earnings Yield 4.88%
FCF Yield 3.63%
Payout Ratio 47.40%
Shares Short 4.50M
Short Ratio 4.19
Short % of Float 2.75%
Beta 1.00
PE Ratio 20.49
Forward PE 24.63
P/FCF Ratio 27.52
PS Ratio 5.08
PB Ratio 3.98
Revenue 3.76B
Operating Income 903.85M
Net Income 934.02M
Free Cash Flow 694.81M
Net Cash 1.68B
Net Cash / Share 8.76
Gross Margin 59.37%
Operating Margin 24.02%
Profit Margin 24.80%
FCF Margin 18.47%
ROA 9.62%
ROE 21.01%
ROIC 27.60%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (9)

Buy 2
Overweight 0
Hold 5
Underweight 2
Sell 0

Analyst Consensus: Overweight

Price Target

$100.50*
(0.53% upside)
Low
76.0
Current: $99.97
High
118.0
Target: 100.50
*Average 12-month price target from 6 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue3,7583,3473,1223,0462,8202,8712,6322,7162,7592,690
Revenue Growth12.25%7.24%2.49%8%-1.76%9.07%-3.09%-1.55%2.55%-
Gross Profit2,2341,9801,7981,6891,5391,6041,4071,4381,3391,346
Operating Income946778684633550691574604554637
Net Income952694709518456364612542521585
Shares Outstanding204198198198208208208208208193
Earnings Per Share4.993.663.762.732.391.883.122.762.672.95
EPS Growth36.34%-2.66%37.73%14.23%27.13%-39.74%13.04%3.37%-9.49%-
Dividend Per Share2.242.102.552.552.011.891.801.751.601.50
Dividend Growth6.67%-17.65%0%26.87%6.35%5%2.86%9.38%6.6%-
Operating Cash Flow699920661706280523630685822771
Capital Expenditures-118-154-139-90.28-72.67-72.59-55.20-37.69-34.24-32.09
Free Cash Flow581765522615208450575647788739
Cash & Equivalents1,4041,3851,0531,1141,0481,3651,4671,3851,3991,287
Total Debt49.24---------
Net Cash / Debt1,3551,3851,0531,1141,0481,3651,4671,3851,3991,287
Assets6,1675,3834,9484,5254,4994,6934,8804,8194,4713,989
Liabilities1,3731,2201,0961,1071,1541,2901,2201,2871,215939
Book Value4,7934,1633,8523,4183,3453,4033,6603,5323,2573,050
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Garmin Ltd.
Country Switzerland
Employees 15,000
CEO Clifton Albert Pemble

Stock Information

Ticker Symbol GRMN
Stock Exchange NASDAQ
Sector Technology
Industry Scientific & Technical Instruments
Unique Identifier NASDAQ: GRMN
IPO Date December 12, 2000

Description

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. The Auto segment offers personal navigation devices; infotainment systems; and cameras, as well as mobile applications. The Aviation segment provides flight display, navigation, communication, flight control, hazard avoidance, weather radar, radar altimeter, and in-cockpit and cloud connectivity products; datalink weather receivers and services; engine information, traffic collision avoidance, and terrain awareness and warning systems; wearables, portables, and apps; and training, simulation, flight planning/filing, premium trip, and aviation data services. This segment also offers controller-pilot data link, a suite of automatic dependent surveillance broadcast solutions. The Marine segment provides chartplotters and multi-function displays, cartography products, fish finders, sounders, autopilot systems, radars, compliant instrument displays, VHF communication radios, handhelds and wearable devices, sailing products, entertainment, and digital switching equipment. The Outdoor segment offers outdoor handhelds, smartwatches, golf devices, and dog tracking and training devices; Garmin Connect and Garmin Connect Mobile, which are Web and mobile platforms; and Connect IQ application development platform. The Fitness segment provides running/multi-sport watches, cycling computers, cycling power meters, cycling safety and awareness products, and activity tracking devices. The company sells its global positioning system receivers and accessories to retail outlets; and aviation products to aviation dealers and aircraft manufacturers through a network of independent dealers and distributors. Garmin Ltd. was founded in 1990 and is based in Schaffhausen, Switzerland.