In last trading session, Garmin Ltd (NYSE:GRMN) saw 0.81 million shares changing hands with its beta currently measuring 1.00. Company’s recent per share price level of $227.89 trading at $2.49 or 1.10% at ring of the bell on the day assigns it a market valuation of $43.88B. That closing price of GRMN’s stock is at a discount of -8.17% from its 52-week high price of $246.50 and is indicating a premium of 29.48% from its 52-week low price of $160.71. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.82 million shares which gives us an average trading volume of 866.67K if we extend that period to 3-months.
For Garmin Ltd (GRMN), analysts’ consensus is at an average recommendation of Strong Buy while assigning it a mean rating of 3.60. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 1.86 in the current quarter.
Garmin Ltd (NYSE:GRMN) trade information
Garmin Ltd’s shares saw a change of 31.17% in year-to-date performance and have moved 5.54% in past 5-day. Garmin Ltd (NYSE:GRMN) showed a performance of 15.22% in past 30-days. Number of shares sold short was 2.16 million shares which calculate 2.72 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 140 to the stock, which implies a fall of -62.78% to its current value. Analysts have been projecting 96 as a low price target for the stock while placing it at a high target of 215. It follows that stock’s current price would jump 57.87% in reaching the projected high whereas dropping to the targeted low would mean a gain of 57.87% for stock’s current value.
Garmin Ltd (GRMN) estimates and forecasts
This year revenue growth is estimated to rise 8.93% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.68B for the same. And 4 analysts are in estimates of company making revenue of 1.7B in the next quarter. Company posted 1.51B and 1.59B of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 7.92% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 6.81% while estimates for its earnings growth in next 5 years are of 7.10%.
GRMN Dividends
Garmin Ltd is more likely to be releasing its next quarterly report on 2025-Apr-30 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 1.38%, the share has a forward dividend of 3.15 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 2.19%.
Garmin Ltd (NYSE:GRMN)’s Major holders
Insiders are in possession of 15.43% of company’s total shares while institution are holding 57.39 percent of that, with stock having share float percentage of 67.86%. Investors also watch the number of corporate investors in a company very closely, which is 57.39% institutions for Garmin Ltd that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at GRMN for having 17.72 million shares of worth $2.89 billion. And as of 2024-06-30, it was holding 9.2271 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 14.11 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.3436 of outstanding shares, having a total worth of $2.3 billion.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Artisan Partners Funds Inc.-Artisan International Value Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 4.86 shares of worth $1.11 billion or 2.54% of the total outstanding shares. The later fund manager was in possession of 4.34 shares on Mar 31, 2025 , making its stake of worth around $988.41 million in the company or a holder of 2.27% of company’s stock.
