Garmin(GRMN)
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Garmin (GRMN) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2025-10-23 23:16
Core Insights - Garmin's stock closed at $250.17, reflecting a daily increase of +1.06%, outperforming the S&P 500's gain of 0.58% [1] - The stock has risen by 4.7% over the past month, contrasting with a 0.5% decline in the Computer and Technology sector [1] Earnings Expectations - Garmin's upcoming earnings report is scheduled for October 29, 2025, with expected earnings of $1.98 per share, indicating a year-over-year decline of 0.5% [2] - Revenue is projected at $1.79 billion, representing a 12.84% increase from the same quarter last year [2] Fiscal Year Projections - For the entire fiscal year, earnings are estimated at $8.09 per share and revenue at $7.15 billion, reflecting increases of +9.47% and +13.62% respectively from the prior year [3] Analyst Estimates - Recent changes in analyst estimates for Garmin indicate positive sentiment regarding the company's business operations and profit generation capabilities [4] - The Zacks Rank system, which evaluates these estimate changes, currently ranks Garmin at 2 (Buy) [6] Valuation Metrics - Garmin's Forward P/E ratio stands at 30.61, which is higher than the industry average of 23.19 [7] - The company has a PEG ratio of 2.74, compared to the industry average PEG ratio of 2.03 [7] Industry Context - The Electronics - Miscellaneous Products industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 40, placing it in the top 17% of over 250 industries [8]
Garmin teams up with Truemed to unlock HSA/FSA funds for fitness products
Prnewswire· 2025-10-23 11:00
Core Points - Garmin has partnered with Truemed to enable qualified U.S. customers to use pre-tax HSA/FSA funds for purchasing eligible smartwatches and cycling products, potentially saving up to 30% on select items [1][3][4] Group 1: Partnership Details - The collaboration allows customers to use pre-tax dollars for Garmin products, enhancing their purchasing power [3][4] - Eligible products include various Garmin smartwatches and fitness trackers, as well as Tacx cycling trainers and Edge cycling computers [1][2] Group 2: Financial Accessibility - The initiative aims to improve financial accessibility for health-related purchases, encouraging users to prioritize their health and fitness goals [3][4] - HSA/FSA accounts represent a significant funding source, with an estimated $140 billion available for qualified Americans to address chronic health conditions [9] Group 3: Process for Reimbursement - Customers can complete a health assessment to determine eligibility for reimbursement, receiving a Letter of Medical Necessity (LMN) within 1-2 days [8] - The reimbursement claims process typically takes 2-4 weeks after submission [8]
Garmin unveils D2 Air X15 and D2 Mach 2, its newest aviator smartwatches
Prnewswire· 2025-10-22 10:59
Core Insights - Garmin has launched two new aviator smartwatches, the D2 Air X15 and D2 Mach 2, featuring advanced aviation, health, and fitness functionalities designed for pilots [1][2][3] Product Features - The D2 Air X15 includes a bright AMOLED touchscreen, built-in LED flashlight, and PlaneSync compatibility, allowing pilots to access aircraft status information remotely [5][10] - The D2 Mach 2 offers advanced aviation maps, weather alerts, and a robust design suitable for 24/7 wear, with a battery life of up to 26 days [7][10] - Both models support voice commands for various functions, including starting flight activities and accessing aviation-specific commands [8][10] Pricing and Availability - The D2 Air X15 is priced at $649.99, while the D2 Mach 2 is available in two sizes: 47mm for $1,349.99 and 51mm for $1,499.99 [13]
Garmin (GRMN) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2025-10-20 14:35
After reaching an important support level, Garmin (GRMN) could be a good stock pick from a technical perspective. GRMN surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages.The 20-day moving average ...
Cessna Citation M2 Gen2 with Garmin Autothrottles Achieves FAA Certification, Bringing Greater Control and Precision to Pilots
Businesswire· 2025-10-13 22:00
LAS VEGAS--(BUSINESS WIRE)--The Cessna Citation M2 Gen2 with Garmin Autothrottles recently received certification from the Federal Aviation Administration (FAA), bringing greater control and precision to pilots. The integration of Garmin's Autothrottle system in the M2 Gen2 further supports the most delivered light-entry jet's capabilities by optimizing engine power, simplifying flight management and increasing overall operating efficiency. The Cessna Citation M2 Gen2 is designed and produced b. ...
Garmin Earnings Preview: What to Expect
Yahoo Finance· 2025-10-10 17:26
With a market cap of $49.4 billion, Garmin Ltd. (GRMN) is a leading global designer, manufacturer, and marketer of GPS-based navigation and communication devices. The company operates across five segments: Outdoor, Fitness, Marine, Auto, and Aviation, offering a wide range of innovative products and solutions for consumers, businesses, and the aviation industry. The Schaffhausen, Switzerland-based company is expected to announce its Q3 2025 results before the market opens on Wednesday, Oct. 29. Ahead of t ...
5 Stocks With Solid Sales Growth As Markets Touch Record Highs
ZACKS· 2025-10-08 13:20
Core Insights - The article emphasizes the importance of sales growth over earnings when evaluating stocks, suggesting that steady sales growth indicates strong demand and a durable business model [2][3][10] - A selection of stocks with robust sales growth and high cash balances is recommended, including StoneCo, Garmin, Assurant, VICI Properties, and Duke Energy, all of which show promising sales growth for 2025 [10][11][12][13][14][15] Sales Growth and Cash Flow - Sales growth is preferred over earnings as it reflects actual demand and provides visibility into a company's business model [3][5] - Constant sales growth leads to predictable cash flows, allowing companies to reinvest, expand, or return capital to shareholders without excessive debt reliance [5] Stock Selection Criteria - Stocks are shortlisted based on criteria such as 5-Year Historical Sales Growth greater than industry average and Cash Flow exceeding $500 million [6] - Additional metrics include a Price/Sales (P/S) Ratio lower than the industry average, positive changes in sales estimate revisions, operating margins above 5%, and Return on Equity (ROE) greater than 5% [7][8][9] Recommended Stocks - **StoneCo Ltd. (STNE)**: Expected sales growth of 9.8% for 2025, currently holds a Zacks Rank 1 [11] - **Garmin Ltd. (GRMN)**: Anticipated sales growth of 12.3% for 2025, currently holds a Zacks Rank 2 [12] - **Assurant Inc. (AIZ)**: Projected sales growth of 5.7% for 2025, currently holds a Zacks Rank 2 [13] - **VICI Properties Inc. (VICI)**: Expected sales growth of 4% for 2025, currently holds a Zacks Rank 2 [14] - **Duke Energy Corporation (DUK)**: Anticipated sales growth of 4.6% for 2025, currently holds a Zacks Rank 2 [15]
See How Big Money Drove Garmin Shares Up Over 4,000%
FX Empire· 2025-10-08 10:26
Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting competent advisors before making any financial decisions, particularly in the context of investments and trading [1]. Group 1 - The website provides general news, personal analysis, and third-party content intended for educational and research purposes [1]. - It explicitly states that the information does not constitute any recommendation or advice for investment actions [1]. - Users are advised to consider their financial situation and needs before relying on the information provided [1]. Group 2 - The website includes information about complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1]. - It encourages users to perform their own research and understand the risks involved before making investment decisions [1].
Is Garmin (GRMN) Stock Outpacing Its Computer and Technology Peers This Year?
ZACKS· 2025-10-03 14:41
Group 1 - Garmin is currently ranked 2 in the Zacks Sector Rank within the Computer and Technology group, which consists of 606 companies [2] - Garmin has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook with a 3.1% increase in the consensus estimate for full-year earnings over the past quarter [3] - Year-to-date, Garmin has gained approximately 25%, outperforming the average gain of 23.6% for the Computer and Technology sector [4] Group 2 - Garmin belongs to the Electronics - Miscellaneous Products industry, which has 38 companies and is currently ranked 48 in the Zacks Industry Rank, with an average gain of 35.3% this year [6] - Advantest Corp., another stock in the Computer and Technology sector, has significantly outperformed with a year-to-date return of 82.5% and a Zacks Rank of 1 (Strong Buy) [4][5] - The Electronics - Measuring Instruments industry, to which Advantest Corp. belongs, is ranked 10 and has increased by 14.6% this year [7]
Garmin Locates Sweet Spot For Growth, Hits All-Time High, Stocks Showing Rising Market Leadership As It Earns 83 Stock Strength Rating
Investors· 2025-10-02 19:59
Core Insights - Garmin's stock reached a record high, driven by strong profit and sales growth [1] - The Relative Strength (RS) Rating for Garmin increased from 80 to 83, indicating it is among the market's biggest winners [1] - Garmin is ranked No. 1 in the Consumer Products-Electronics industry group [4] Financial Performance - Earnings grew by 37% last quarter to $2.17 per share, an increase from 13% in the previous report [6] - Revenue growth accelerated from 11% to 20%, totaling $1.814 billion [6] - The next quarterly results are anticipated around October 29 [6] Stock Ratings - Garmin holds a 90 EPS Rating out of 99 and a 96 Composite Rating, placing it in the top 4% of all stocks [3] - The company has a B Accumulation/Distribution Rating, indicating strong buying interest from institutional investors [3] Market Position - Garmin's stock is in the top 4% overall for price appreciation over the last 52 weeks [2] - The Consumer Products-Electronics industry group ranks No. 33 out of 197 industries [4] - Garmin's stock moved more than 5% past a 242.47 entry point, indicating it is out of a proper buy zone [5]