Award honors Garmin for superior service, support and innovation OLATHE, Kan., March 19, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) is proud to announce it received the prestigious Supplier of the Year honor from Cirrus Aircraft at PX25, their Supplier Conference held February 26 in Knoxville, Tennessee. Cirrus Aircraft, an aerospace leader in personal aviation, recognizes one strategic supplier that has exemplified outstanding performance, innovation and collaboration, playing a crucial role in advancing Cir ...

The pilot study revealed several statistically significant findings. And while initial results need to be corroborated through the larger global study, they illustrated an important relationship between sleep, exercise and happiness. Key findings included: Daily physical activity and adequate sleep, both measured by Garmin devices, were strongly correlated with increased happiness and reduced levels of stress. Emotional stability varied by age, with older adults showing more stability and younger adults mo ...

Announcement marks first certified aircraft with G3000 PRIMEOLATHE, Kan., March 17, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced its industry-leading G3000® PRIME integrated flight deck has been selected by Pilatus for its new PC-12 PRO aircraft. With a modern user interface design and advanced connectivity, G3000 PRIME leverages cutting-edge technologies that can enhance safety potential and efficiency while minimizing pilot workload in every phase of flight. Garmin G3000 PRIME unveiled as i ...

Garmin Connect data shows users have been sleeping better over the last yearOLATHE, Kan., March 14, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) is celebrating World Sleep Day with a look at all the ways Garmin smartwatches can help users appreciate how a good night's sleep can enhance their well-being and performance. Insights from the Garmin Connect community show that over the last year Garmin users recorded an average sleep score of 72, up from an average score of 70 during the previous year1. Thanks to Gar ...

Garmin (GRMN) stock has gained 45.3% the past year, outperforming the Zacks Computer and Technology sector, The Technology Select Sector SPDR Fund (XLK) , and the S&P 500 index’s return of 5.7%, 1.4% and 8.6%, respectively.The company has outperformed the Zacks Electronics - Miscellaneous Products industry, which declined  47.7% in the same time frame.Although Garmin’s outperformance reflects investors’ confidence in Garmin’s robust product portfolio and strong financials, it also raises the question: Shoul ...

From off-road cyclists and Olympians to pilots and collegiate anglers, Garmin is proud to support these women who are making a powerful impact in their industryOLATHE, Kan., March 6, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) is celebrating International Women's Day by spotlighting some of the incredible female athletes and ambassadors who use Garmin products in their professions. From land to sea to air, Garmin makes products to fuel its customers' passions, and these women are excelling at just about everyt ...

Core Insights - Garmin reported exceptional financial performance in 2024, achieving record revenue and substantial margin expansion across all business segments [1][2][3] Financial Performance - Consolidated revenue increased by 20% to $6.3 billion for the full year 2024, with operating income jumping 46% to nearly $1.6 billion [3] - Operating margins expanded to 25%, reflecting improved gross margins and operating leverage [3] Product Innovation - Continued investment in product innovation is creating growth opportunities, with the launch of significant new products such as the Approach R50 golf launch monitor and the Descent X50i dive computer [4][5] Fitness Segment Growth - The fitness segment experienced exceptional performance, with revenue increasing by 32% to $1.77 billion and operating income more than doubling year over year to $483 million [7] - Gross margin in the fitness segment was 58%, a 480 basis point improvement over the prior year, with operating margin expanding approximately 1,000 basis points to 27% [7][8] Market Outlook - Management expressed confidence in continued growth for 2025, anticipating consolidated revenue to increase approximately 8% to $6.8 billion [9] - A proposed 20% dividend increase is set to be voted on by shareholders at the upcoming annual meeting [9] Future Plans - The company plans to build on its success through continued product innovation, with many product launches planned for 2025, including new categories for Garmin [10]

Core Viewpoint - Garmin has launched the Force® Pro, a powerful brushless trolling motor that enhances fishing experiences with advanced GPS positioning, reverse thrust control, and integrated sonar technology [1][2][3]. Product Features - The Force Pro features a brushless motor that delivers 100 pounds of thrust, allowing for quick movement in various water conditions while maintaining a quiet operation to avoid disturbing fish [4][10]. - It includes multi-band GPS for superior anchor lock performance, enabling precise positioning near fishing hotspots [5][6]. - The reverse thrust capability allows anglers to control their boat effectively without needing to reposition the motor, enhancing maneuverability in tight spaces [4][6]. Technological Integration - The Force Pro is equipped with the GT56UHD transducer, providing Ultra High-Definition sonar imaging for better visibility of underwater structures and fish [7]. - It offers wireless integration with Garmin chartplotters, allowing anglers to create and follow routes while fishing [7]. - The motor can be controlled via a compatible Garmin smartwatch, providing convenience and ease of use [7]. Market Positioning - The Force Pro will be showcased at the 2025 Bassmaster Classic, indicating Garmin's commitment to engaging with professional and recreational anglers [3][8]. - The product is priced at $3999.99 for a 50-inch shaft and $4099.99 for a 57-inch shaft, reflecting its premium positioning in the market [8]. Company Background - Garmin is recognized as a leading manufacturer in marine electronics, having been named Manufacturer of the Year by the National Marine Electronics Association for ten consecutive years [9].

Core Viewpoint - Garmin is set to receive Supplemental Type Certificate (STC) approval for the GFC™ 600H Helicopter Flight Control System, which will enhance safety and reduce pilot workload for Airbus H130 helicopter operators [1][2] Group 1: Product Features - The GFC 600H includes features such as attitude hold with speed stability, hover assist mode, Garmin Helicopter Electronic Stability and Protection (H-ESP™), and dedicated return-to-level (LVL) mode [1][2][5] - The system is equipped with a console-mounted mode controller, integrated smart servos for pitch and roll inputs, and a collective sensor for smoother flight control adjustments [2][4] - Advanced capabilities include automatic detection of hover conditions, navigation integration with G500H TXi™ and GTN™ Xi for automated flight approaches, and various operational modes like altitude hold and vertical speed [3][4] Group 2: Safety Enhancements - The GFC 600H features safety mechanisms such as overspeed and low-speed protection, and H-ESP, which helps maintain safe flight envelopes even when the system is not engaged [5] - A dedicated LVL button allows pilots to return to straight-and-level flight, aiding in recovery from disorientation in degraded visual environments [5] - Low altitude protection provides alerts and automatic pitch mode changes to assist pilots in recovering to safe altitudes [5] Group 3: Availability and Market Impact - Retrofit availability for the GFC 600H in Airbus H130 and EC130 T2 helicopters is expected in Q2 2025, with the option also available for new Airbus H130 helicopters [6] - Garmin is recognized as a leading provider of aviation solutions, with a commitment to innovation and enhancing pilot safety and operational efficiency [7][8]

Market Overview - Market volatility has increased recently, leading to significant declines in many high-growth stocks, including Palantir, Applovin, Amazon, and Alphabet [1] - The current correction is likely a temporary pullback rather than the beginning of a prolonged downturn, based on the broader fundamental backdrop [1] Investment Opportunities - Identifying stocks that are outperforming the market during this volatility can help investors find potential future leaders [2] - Stocks demonstrating relative strength in turbulent times often become top performers once the market stabilizes [2] Company Highlights Flutter Entertainment - Flutter Entertainment, the largest online betting company globally, operates the popular sports betting platform FanDuel and has a diverse portfolio of online gambling brands [4] - The company holds a Zacks Rank 1 (Strong Buy), with sales expected to rise by 18.6% this year and 18.4% next year, while earnings are projected to increase by 43% in 2024 and 82.4% in 2025 [5] - Flutter's stock is reasonably valued at a forward earnings multiple of 29.8x, with a PEG ratio of 0.57, indicating attractive valuation relative to its growth potential [6] - The global sports betting market's rapid expansion and Flutter's dominance in key regions suggest substantial upside for long-term investors [7] Palomar Holdings - Palomar Holdings operates in the insurance sector, providing a steady business model with consistent cash flows and essential services [8] - The company also holds a Zacks Rank 1 (Strong Buy), with revenue growth projected at 36.2% this year and 24% next year, while earnings are expected to rise by 28.5% and 19.5%, respectively [9] - Palomar trades at a forward earnings multiple of 18.6x, making it attractively valued compared to its growth potential and the broader industry [9] - The combination of strong price momentum, reasonable valuation, and rising earnings estimates makes Palomar a compelling investment option [10] Garmin - Garmin is a leading provider of GPS navigation and wearable technology, with a diverse portfolio across various markets [11] - The company holds a Zacks Rank 1 (Strong Buy), with earnings per share projected to grow by 21.6% annually over the next three to five years [12] - Garmin has a strong track record, having missed earnings estimates only once in the past five years, and is expected to deliver another earnings beat based on its Zacks Earnings ESP of 6.15% [15] - With solid fundamentals and a history of exceeding expectations, Garmin presents a compelling stock for investors seeking stability and growth [15] Conclusion - In the current volatile market, Garmin, Palomar Holdings, and Flutter Entertainment have shown resilience, supported by strong fundamentals and favorable analyst sentiment, making them attractive investment options for those seeking a mix of stability and growth [16]