Garmin(GRMN)

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Can Garmin's Expanding Aviation Portfolio Push the Stock Upward?
ZACKS· 2024-10-18 16:20
Garmin (GRMN) expands its Aviation segment with the introduction of G3000 PRIME, a modern integrated flight deck offering an all-touchscreen display and highly flexible open system architecture, facilitating a seamless and unmatched cockpit experience. With a highly developed user interface design and advanced connectivity, G3000 PRIME leverages the latest technologies to enhance safety, potential and efficiency while minimizing pilot workload in every phase of flight. G3000 PRIME comes with a broad 14-inch ...
Garmin unveils its new, industry-leading integrated flight deck: G3000 PRIME
Prnewswire· 2024-10-16 10:59
Core Insights - Garmin has introduced the G3000 PRIME, its most advanced integrated flight deck, enhancing the flight deck experience with intuitive touchscreen displays and flexible open system architecture [1][2] - The G3000 PRIME is FAA TSO certified and targets Part 23 turbine, military, and advanced air mobility markets [1][14] Product Features - The G3000 PRIME features 14-inch touchscreen primary display units with edge-to-edge glass, quadrupling memory and offering gigabit system connectivity that is up to 100 times faster [3] - Secondary display units provide a 40% increase in screen area and can function as integrated standby flight instruments in certain applications [4] - The multi-touch interface allows simultaneous interaction by both pilot and copilot, enhancing usability [5] User Interface and Functionality - The user interface combines modern design with familiar elements, ensuring clarity and quick access to critical functions [6] - Primary Flight Windows and Multi-Function Windows maximize situational awareness with quick access bars for essential applications [7] - The Window Manager feature allows for easy configuration of app displays and window sizes across the flight deck [8] Advanced Flight Tools - Enhanced flight management system tools include a Modified Flight Plan feature for side-by-side graphical previews of flight plan changes [9] - The G3000 PRIME includes smart checklists linked to crew alerting system messages, streamlining emergency responses [10] Safety Innovations - The G3000 PRIME incorporates advanced safety technologies, including Garmin Autoland, which can autonomously land the aircraft in emergencies [11] - Additional safety features include Runway Occupancy Awareness technology to prevent runway incursions [12] Connectivity and Integration - The flight deck supports various connectivity options such as Wi-Fi, LTE, and Bluetooth, enhancing operational efficiency [13] - The PlaneSync system allows for automatic database updates and remote monitoring of aircraft status [13] Market Position - Garmin has a strong presence in the aviation market, with over 30,000 integrated flight decks in service, and continues to innovate in avionics solutions [2][15]
What Makes Garmin (GRMN) a New Buy Stock
ZACKS· 2024-10-15 17:00
Investors might want to bet on Garmin (GRMN) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Individual investors ...
Garmin (GRMN) Advances But Underperforms Market: Key Facts
ZACKS· 2024-10-11 23:20
In the latest trading session, Garmin (GRMN) closed at $165.89, marking a +0.11% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 0.61%. Elsewhere, the Dow saw an upswing of 0.97%, while the tech-heavy Nasdaq appreciated by 0.33%. Coming into today, shares of the maker of personal navigation devices had lost 9.33% in the past month. In that same time, the Computer and Technology sector gained 8.6%, while the S&P 500 gained 5.36%. The upcoming earnings release of Gar ...
Why Garmin (GRMN) is Poised to Beat Earnings Estimates Again
ZACKS· 2024-10-09 17:15
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Garmin (GRMN) . This company, which is in the Zacks Electronics - Miscellaneous Products industry, shows potential for another earnings beat. This maker of personal navigation devices has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surp ...
Garmin named Most Innovative Marine Company for second consecutive year
Prnewswire· 2024-10-08 17:00
Annual awards program by Soundings Trade Only recognizes companies shaping the future of the marine industry OLATHE, Kan., Oct. 8, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) is proud to announce it has been named the Most Innovative Marine Company for the second consecutive year by Soundings Trade Only, a leading trade publication for the recreational boating industry. This prestigious awards program recognizes forward-thinking companies that are transforming the marine industry through advancements in techno ...
Can Garmin's Launch of Lily 2 Smartwatch Push the Stock Higher?
ZACKS· 2024-10-04 16:21
Garmin (GRMN) upgrades its fitness segment with the recent launch of its Lily 2 Active smartwatch, comprising built-in GPS and health and wellness features. Featuring a classic design and enclosed in a metal case, the new wearable has a battery life of up to nine hours in a smartwatch and GPS mode, enabling users to stay active for a longer time during fitness activities. Users can also have options to track different sleep stages, heart rate and heart rate variability, as well as monitor energy levels thro ...
Garmin Ltd. schedules third quarter 2024 earnings call
Prnewswire· 2024-10-02 11:00
SCHAFFHAUSEN, Switzerland, Oct. 2, 2024 /PRNewswire/ -- Garmin Ltd. (NYSE: GRMN) invites shareholders and investors to listen to its third quarter 2024 earnings conference call on Wednesday, October 30, 2024, at 10:30 a.m. EDT, with executives of Garmin. The call will be held in conjunction with the company's earnings release, which will be distributed prior to market open on October 30, 2024. What: Garmin Ltd. Third Quarter 2024 Earnings Call When: Wednesday, October 30, 2024, at 10:30 a.m. EDT Where: Join ...
Garmin unveils new Fusion Apollo Marine Speakers and Subwoofers, the perfect combination of style and substance
Prnewswire· 2024-10-01 11:01
Premium series delivers high-fidelity audio, new aesthetics, improved lighting and more OLATHE, Kan., Oct. 1, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN), the world's most innovative and recognized marine electronics manufacturer, today announced the new Fusion Apollo™ Marine Speakers and Subwoofers that merge crystal-clear, premium sound quality with enhanced visual features. For a superior onboard entertainment experience, the Apollo speakers and subwoofers boast dual-hue LED lighting rings and easily interc ...
Garmin (GRMN) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-09-25 23:20
The latest trading session saw Garmin (GRMN) ending at $173.15, denoting a -1.51% adjustment from its last day's close. This change lagged the S&P 500's 0.19% loss on the day. Meanwhile, the Dow experienced a drop of 0.7%, and the technology-dominated Nasdaq saw an increase of 0.04%. The the stock of maker of personal navigation devices has fallen by 2.68% in the past month, lagging the Computer and Technology sector's gain of 0.73% and the S&P 500's gain of 1.95%. Investors will be eagerly watching for the ...