Garmin (GRMN) , a global leader in wearable technology and GPS navigation, has been on a remarkable run with its share price surging 71.5% over the past year. The stock has outperformed the Electronics - Miscellaneous Products industry’s decline of 28.1% and the Zacks Computer and Technology sector’s growth of 33.5%.Over the same time frame, Garmin also outperformed its industry peers, including Electrovaya (ELVA) , Greenland Technologies (GTEC) and Kopin (KOPN) . In the past year, shares of ELVA, GTEC and ...

Product Features - The new Montana series includes the Montana 710, Montana 710i, and Montana 760i, featuring durable 5-inch color touchscreen displays that are glove-friendly and versatile for various outdoor activities [1] - The devices are compatible with multiple mounting options for use on ATVs, boats, cars, motorcycles, RVs, and other vehicles [1] - Preloaded TopoActive maps provide terrain contours, elevations, coastlines, rivers, landmarks, and more [1] - The Montana 710i and Montana 760i include built-in inReach® technology for satellite communication, enabling two-way text messaging, location tracking, and emergency SOS messaging via the Iridium® satellite network [3] - The series is designed to handle rugged outdoor conditions, tested to U.S. military standards (MIL-STD-810) for thermal, shock, and vibration, and has an IPX7 water resistance rating [7] - The Montana 760i features an 8-megapixel camera that automatically geotags photos with coordinates [8] Mapping and Navigation - Preloaded worldwide TopoActive maps are optimized for outdoor activities, showing terrain contours, summits, coastlines, and more [6] - High-resolution satellite imagery can be downloaded directly to the device over Wi-Fi®, providing photorealistic views of routes and surrounding terrain [6] - Federal Public Land Boundaries can be displayed as an overlay on topographic maps to help users stay on track [6] - City Navigator® mapping is available for turn-by-turn directions on roads, but only in the Montana 710i and 760i models [6][10] - Outdoor Maps+ subscription offers additional premium mapping content, including elevation contours, land boundaries, and wildlife areas [6] - The devices support multi-GNSS, accessing both GPS and Galileo satellite networks for better performance in challenging environments [6] Battery and Connectivity - The Montana series is powered by a rechargeable lithium-ion battery pack, providing up to 24 hours of battery life in GPS mode and up to 440 hours in expedition mode [7] - Recharging is done via a standard USB-C® cable [7] - Built-in sensors include an altimeter, barometer, and three-axis electronic compass for enhanced navigation [6] Pricing and Availability - The Montana 710, 710i, and 760i are available now with suggested retail prices ranging from $649.99 to $899.99 [8] Company Overview - Garmin Ltd is incorporated in Switzerland, with principal subsidiaries in the United States, Taiwan, and the United Kingdom [11] - The company is known for developing products that enhance outdoor experiences and provide peace of mind for adventurers, athletes, and outdoor enthusiasts [9]

Garmin (GRMN) has been on a remarkable trajectory, with its stock rallying 68.9% over the past year. This stock has significantly outperformed the Electronics - Miscellaneous Products industry’s decline of 28.3% and the Zacks Computer and Technology sector’s growth of 38.1%.Over the same time frame, Garmin also outperformed its industry peers, including Electrovaya (ELVA) , Greenland Technologies (GTEC) and Kopin (KOPN) . In the past year, shares of ELVA, GTEC and KOPN have plunged 39%, 28.7% and 28.3%, res ...

Boldly designed for an active lifestyle, the newest smartwatches offer bright AMOLED or solar-charged displays, a metal-reinforced bezel and built-in LED flashlights on all modelsOLATHE, Kan., Jan. 6, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced the Instinct® 3 Series, its newest lineup of rugged smartwatches, now offered with a brilliant AMOLED or solar-powered display for maximum battery life. Designed with adventurers in mind, Instinct 3 Series adds a metal-reinforced bezel for extreme durabi ...

Award-winning digital cockpit solution integrates new Generative AI theming, child presence detection, and zoned audio and video features—all from a single Garmin control moduleOLATHE, Kan., Jan. 6, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) is unveiling its latest automotive infotainment and electronics solution for global automakers, Unified Cabin™ 2025, at the Consumer Electronics Show (CES®) in Las Vegas this week. Selected as a CES 2025 Innovation Award Honoree, the latest iteration of Unified Cabin deli ...

Innovative motorcycle radar system heightens situational awareness with external lights to help foster a safer riding environmentOLATHE, Kan., Jan. 6, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced the trailblazing zūmo™ R1 Radar, its first purpose-built radar system for motorcycles. Sleek and discreet, the robust system provides riders with high-performance rearview and blind spot monitoring. The device features two side-facing amber lights and an optional rear-facing red light that can help maxi ...

Garmin (GRMN) ended the recent trading session at $207.15, demonstrating a +1.27% swing from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 1.26%. Elsewhere, the Dow gained 0.8%, while the tech-heavy Nasdaq added 1.77%.Prior to today's trading, shares of the maker of personal navigation devices had lost 5.56% over the past month. This has lagged the Computer and Technology sector's gain of 0.84% and the S&P 500's loss of 2.82% in that time.The upcoming earnings release of ...

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Garmin (GRMN) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Garmin is a member of the Computer and Technology sector. This group includes 618 individual stocks and currently holds a Zacks Sec ...

Garmin (GRMN 1.74%) has been somewhat of a surprise stock market winner in 2024. Shares of the GPS-enabled device and wearables maker have soared 60% year to date with only a handful of trading days remaining.The market-beating results came as the company shocked investors and analysts with its revenue and earnings growth throughout the year. Garmin's third-quarter revenue soared 24% versus the prior-year period. It now projects full-year sales will grow 17% compared to 2023.The sharp rise in the stock may ...

Core Viewpoint - Garmin (GRMN) has demonstrated significant stock performance, with a 27.8% increase over the past three months, outperforming both the Electronics - Miscellaneous Products industry and the broader Zacks Computer and Technology sector [1] Financial Performance - Garmin's third-quarter 2024 results exceeded expectations, driven by strong sales execution and effective cost management [2] - The company raised its 2024 revenue guidance from $5.95 billion to $6.12 billion, with pro-forma earnings guidance increasing from $6 per share to $6.85 per share [3] - The Zacks Consensus Estimate for 2024 revenues is $6.10 billion, indicating a year-over-year growth of 16.6%, while the consensus for earnings is $7.01 per share, reflecting a 25.4% year-over-year growth [3] Segment Performance - The Marine segment's revenue growth rate is maintained at 15%, while the Outdoor segment's growth estimate has been raised to 13% [4] - The Auto OEM guidance has been lowered to 40%, and a flat revenue estimate is provided for the Aviation segment in 2024 [4] Cash Flow and Liquidity - Garmin anticipates a full-year 2024 free cash flow of approximately $1.1 billion [5] - As of September 28, 2024, Garmin holds about $3.5 billion in cash and equivalents, an increase from $3.4 billion as of June 29, 2024 [6] - In Q3 2024, Garmin generated an operating cash flow of $258 million and a free cash flow of $219 million [6] Product Innovation - Garmin's continuous product releases, including the Venu, Lily, and Vivoactive smartwatch series, enhance its technological innovation and market position [7] - The Lily 2 Active smartwatch features integrated GPS and wellness capabilities, marking it as Garmin's smallest smartwatch with GPS [8] - The JL Audio SlamPak Audio System for Polaris SxS vehicles enhances the audio experience for outdoor enthusiasts [9] - The Approach R50 premium launch monitor and golf simulator allows golfers to practice year-round [10][11] - The Descent X50i dive computer features advanced communication technology for divers [12] - The G3000 PRIME integrated flight deck maximizes safety and efficiency for pilots [13] Valuation and Market Position - Garmin stocks are trading at a premium with a forward 12-month Price/Sales ratio of 6.56X compared to the industry's 4.30X, reflecting a Value Style Score of D [14] - Despite the premium valuation, Garmin's innovative edge and new business strategy justify its attractiveness to investors [14] - Garmin currently holds a Zacks Rank 1 (Strong Buy), suggesting that existing investors should hold while new buyers should accumulate the stock [15]