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Introducing Venu X1: Garmin's ultrathin smartwatch with an industry-leading 2-inch display
Prnewswire· 2025-06-12 11:01
Core Insights - Garmin has launched the Venu® X1 smartwatch, which features an ultrathin design, a revolutionary 2-inch display, and superior battery life, setting new standards in the smartwatch industry [1][2][3] Product Features - The Venu X1 includes a titanium caseback, a scratch-resistant sapphire lens, and an easy-to-read AMOLED display, all within an 8mm watch case [1][9] - It is equipped with a built-in speaker and microphone, allowing users to make and take calls directly from the watch when paired with a compatible smartphone [4][6] - The smartwatch features a bright LED flashlight for enhanced visibility in dark environments [4] - Battery life lasts up to 8 days in smartwatch mode, promoting less frequent charging [1][5] Design and Usability - The Venu X1 is designed for all-day wear, featuring a lightweight construction and customizable watch faces for easy access to important data [9] - It includes a 24mm quick-release ComfortFit nylon band for a comfortable and secure fit [9] - Available in two color options: black and moss [9] Pricing and Availability - The suggested retail price for the Venu X1 is $799.99, with availability starting in June [5]
Why Garmin (GRMN) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-06-10 14:55
Core Insights - The article emphasizes the importance of utilizing Zacks Premium for investors to enhance their stock market strategies and confidence in investing [1][2] Zacks Style Scores - Zacks Style Scores are indicators designed to help investors select stocks with the highest potential to outperform the market within a 30-day timeframe, rated from A to F based on value, growth, and momentum characteristics [3] - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales [4] - The Growth Score assesses a company's financial health and future outlook by analyzing projected and historical earnings, sales, and cash flow [5] - The Momentum Score capitalizes on price trends and earnings outlook changes, using metrics like one-week price change and monthly earnings estimate changes [6] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors seeking attractive value, growth, and momentum [7] Zacks Rank and Performance - The Zacks Rank is a proprietary stock-rating model that leverages earnings estimate revisions to guide investors in portfolio creation [8] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [9] - There are over 800 stocks rated 1 or 2, which can be overwhelming for investors, highlighting the need for Style Scores to aid in stock selection [10] Stock Example: Garmin (GRMN) - Garmin, Ltd. is identified as a stock to watch, currently rated 3 (Hold) with a VGM Score of B, and a Momentum Style Score of A, having increased by 5.2% in the past four weeks [12] - Analysts have revised Garmin's earnings estimate upward for fiscal 2025, with the Zacks Consensus Estimate rising by $0.08 to $7.94 per share, and an average earnings surprise of 17.7% [13]
Bigger and brighter, Garmin introduces Tread 2 - Overland and SxS Editions to confidently roam the unknown
Prnewswire· 2025-06-10 10:59
Core Insights - Garmin has launched the Tread® 2 navigators, specifically the Overland Edition and SxS Edition, designed for off-road adventures with enhanced features [1][3][5] Product Features - Both editions feature 8" high-resolution, ultrabright touchscreens and are built to endure extreme weather conditions with an IP67 dust/water rating [1][3] - The Overland Edition includes a heavy-duty suction cup and magnetic-assisted locking mount, while the SxS Edition comes with a tube mount kit for powersport vehicles [1][3] - The new Great Rides feature allows users to discover off-road locations, rate trail difficulties, and share photos via the Tread mobile app [1][3] Mapping and Navigation - The Tread 2 navigators offer robust mapping options, including turn-by-turn navigation for unpaved roads and trails, utilizing data from OpenStreetMap and U.S. Forest Service Motor Vehicle Use Maps [4] - Preloaded off-road riding areas across North America provide trail difficulty ratings and additional information [4] - Garmin Adventurous Routing™ enables users to find alternative routes that are more hilly and unpaved [4] Additional Features - Users can access high-resolution satellite imagery and land boundary information, including public and private land details [4] - The Tread app facilitates route planning with the same maps and vehicle profiles as the Tread 2 devices [4] - A directory of over 46,000 camping locations across the U.S. is included for easy campsite finding [4] Pricing and Availability - The suggested retail price for both the Tread 2 – Overland Edition and Tread 2 – SxS Edition is $999.99, and they are available for purchase now [5]
Garmin shareholders approve quarterly dividend through March 2026
Prnewswire· 2025-06-06 18:22
Company announces record date and payment date for June 2025 dividend installmentSCHAFFHAUSEN, Switzerland, June 6, 2025 /PRNewswire/ -- At Garmin Ltd.'s annual shareholders' meeting held today, approval was received from the shareholders in accordance with Swiss corporate law for a cash dividend in the amount of $3.60 per share, payable in four equal installments. The Board has determined that the June installment of the dividend will be paid as indicated below and currently anticipates the scheduling of t ...
Garmin (GRMN) Advances While Market Declines: Some Information for Investors
ZACKS· 2025-06-05 23:21
Company Performance - Garmin's stock closed at $205.48, with a daily increase of +0.26%, outperforming the S&P 500, which fell by 0.53% [1] - Over the past month, Garmin's shares have appreciated by 8.87%, surpassing the Computer and Technology sector's gain of 8.67% and the S&P 500's gain of 5.17% [1] Upcoming Earnings - Garmin is projected to report earnings of $1.95 per share, reflecting a year-over-year growth of 23.42% [2] - The consensus estimate anticipates revenue of $1.73 billion, indicating a 15.01% increase from the same quarter last year [2] Full Year Estimates - For the full year, earnings are projected at $7.94 per share and revenue at $6.83 billion, showing changes of +7.44% and +8.48% respectively from the previous year [3] - Recent changes to analyst estimates indicate optimism regarding Garmin's business and profitability [3] Valuation Metrics - Garmin has a Forward P/E ratio of 25.83, which is a premium compared to the industry average Forward P/E of 18.72 [5] - The current PEG ratio for Garmin is 2.31, compared to the industry average PEG ratio of 1.65 [6] Industry Context - The Electronics - Miscellaneous Products industry, which includes Garmin, has a Zacks Industry Rank of 139, placing it in the bottom 44% of over 250 industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
FLEX vs. GRMN: Which Stock Should Value Investors Buy Now?
ZACKS· 2025-06-02 16:46
Core Viewpoint - Investors in the Electronics - Miscellaneous Products sector should consider Flex (FLEX) and Garmin (GRMN) for potential value investment opportunities [1] Valuation Metrics - FLEX has a forward P/E ratio of 14.55, while GRMN has a forward P/E of 25.58 [5] - FLEX's PEG ratio is 1.61, compared to GRMN's PEG ratio of 2.29 [5] - FLEX's P/B ratio is 3.24, whereas GRMN's P/B ratio is 4.78 [6] Analyst Outlook - FLEX currently holds a Zacks Rank of 2 (Buy), indicating a more favorable earnings estimate revision activity compared to Garmin, which has a Zacks Rank of 3 (Hold) [3][6] - FLEX's stronger estimate revision activity and more attractive valuation metrics suggest it is the superior option for value investors at this time [7] Value Grades - FLEX has a Value grade of A, while GRMN has a Value grade of D, reflecting the relative attractiveness of their valuations [6]
Garmin (GRMN) Up 8.6% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-05-30 16:37
It has been about a month since the last earnings report for Garmin (GRMN) . Shares have added about 8.6% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Garmin due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Moving Since Then?It turns out, ...
Garmin revolutionizes aviation charting with SmartCharts
Prnewswire· 2025-05-28 10:59
Core Viewpoint - Garmin has introduced SmartCharts, a dynamic aviation charting solution designed to simplify terminal procedures for pilots, enhancing safety and situational awareness by providing tailored, relevant data [1][2]. Data-Driven Charting Solution - SmartCharts was developed by digitizing global data to create a standardized and scalable charting solution, allowing for automatic adjustments as pilots interact with the chart [3]. - The new user interface highlights critical details that may be overlooked in traditional charts, reducing potential errors and minimizing the mental math required by pilots [3][5]. Simplified Information - SmartCharts optimizes pilot workflow by allowing users to select relevant data based on aircraft type, route, and runway, thereby reducing clutter and focusing on essential information [4]. - Quick Access buttons provide easy access to pertinent procedure information, enhancing the efficiency of the briefing process [4][6]. Enhanced User Experience - The approach vertical profile view is geo-referenced, showing the aircraft's position relative to the approach path, which improves situational awareness [7]. - Airport diagrams in SmartCharts include additional visual information, such as lighting systems and airport markings, making critical details more accessible [8]. Additional Features - Garmin Pilot now includes a sorting feature for SmartCharts procedures, allowing pilots to find approaches based on criteria like minimums and lighting [9]. - SmartCharts is available through a Garmin Pilot Premium subscription for iOS devices, with a free trial option for users [10].
Canalys:一季度全球可穿戴腕带设备市场出货量达4660万台 同比增长13%
智通财经网· 2025-05-23 05:54
Core Insights - The global wearable band market is projected to grow by 13% year-on-year in Q1 2025, reaching a shipment volume of 46.6 million units, driven by a low base from the previous year and a rebound in market demand [1][8] - Major product categories, including basic bands, basic watches, and smartwatches, have all seen growth, contributing significantly to market expansion [1] Company Performance - Xiaomi regained the top position in the wearable band market with a 44% increase in shipments to 8.7 million units, benefiting from the popularity of the Redmi Band 5 and a strong product portfolio [2][3] - Apple ranked second with a 5% increase in Apple Watch shipments, reaching 7.6 million units, and is expected to revitalize growth with new product updates in the second half of 2025 [3] - Huawei maintained third place with a 36% increase in shipments to 7.1 million units, supported by the performance of its GT and Fit series and the global promotion of the Huawei Health App [3] - Samsung experienced a significant 74% increase in shipments to 4.9 million units, leveraging a dual-track strategy to expand its user base in emerging markets while maintaining a premium position in developed markets [3] - Garmin ranked fifth with a 10% increase in shipments to 1.8 million units, focusing on a differentiated product mix and the new Connect+ platform to enhance customer retention [3] Market Trends - The wearable band market is transitioning from a hardware-driven model to an ecosystem-driven model, with companies focusing on platform and service development to enhance user retention and drive sustainable revenue [4] - Health monitoring and fitness guidance are becoming core application scenarios, making seamless device connectivity and subscription-based services crucial for increasing user engagement and driving revenue growth [7] - Consumer preferences are shifting towards price, battery life, and health monitoring as the top factors influencing purchasing decisions, highlighting the need for manufacturers to balance innovative features with core selling points [5]
2025年第一季度,全球可穿戴腕带设备市场增长13%,小米跃居榜首
Canalys· 2025-05-23 05:04
Core Viewpoint - The global wearable wristband device market is experiencing significant growth, with a 13% year-on-year increase in Q1 2025, reaching a shipment volume of 46.6 million units, driven by demand recovery and a low base from the previous year [1][6]. Group 1: Market Dynamics - The three main product categories—basic bands, basic watches, and smartwatches—are all showing growth, contributing to market expansion [1]. - Xiaomi has regained the top position in the wearable wristband market for the first time since Q2 2021, with a 44% increase in shipments to 8.7 million units, largely due to the popularity of the Redmi Band 5 [3][6]. - Apple ranks second with a 5% increase in Apple Watch shipments, reaching 7.6 million units, while Huawei remains third with a 36% increase to 7.1 million units [3][6]. - Samsung's shipments surged by 74% to 4.9 million units, supported by a dual-track strategy targeting both emerging and developed markets [3][6]. - Garmin holds the fifth position with a 10% increase in shipments to 1.8 million units, leveraging a differentiated product mix and the new Connect+ platform [3][6]. Group 2: Ecosystem and Service Focus - The wearable wristband market is shifting from a hardware-driven model to an ecosystem-driven approach, with companies focusing on platform and service development to enhance user retention and drive sustainable revenue [2][5]. - Xiaomi is deepening device integration and user engagement through its extensive product lineup and HyperOS, while Huawei is building a closed-loop health ecosystem via the Huawei Health App [2]. - Global brands like Oura and Whoop prioritize services over hardware, utilizing subscription models to enhance user value [2]. Group 3: Consumer Preferences and Innovation - Companies must balance innovation and core functionalities to stimulate consumer demand, with price, battery life, and health monitoring being the top three factors influencing purchasing decisions [3]. - As market education progresses and device penetration increases, software capabilities and ecosystem integration are expected to unlock higher added value, making differentiation more pronounced [3].