Garmin(GRMN)

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Garmin (GRMN) Surges 11.0%: Is This an Indication of Further Gains?
ZACKS· 2025-04-10 13:00
Company Overview - Garmin (GRMN) shares increased by 11% to close at $192.71, following a broader market rally influenced by US President Donald Trump's announcement regarding tariffs [1] - The stock had previously experienced an 18.6% loss over the past four weeks [1] Earnings Expectations - Garmin is expected to report quarterly earnings of $1.62 per share, reflecting a year-over-year increase of 14.1% [2] - Revenue projections stand at $1.55 billion, which is a 12% increase compared to the same quarter last year [2] Stock Performance and Trends - The consensus EPS estimate for Garmin has remained unchanged over the last 30 days, indicating a lack of upward momentum in earnings estimate revisions [3] - The stock currently holds a Zacks Rank of 2 (Buy), suggesting positive sentiment among analysts [3] Industry Comparison - Garmin operates within the Zacks Electronics - Miscellaneous Products industry, where another company, Timken (TKR), saw a 10.9% increase in its stock price, closing at $63.61 [3] - Timken's consensus EPS estimate has decreased by 1.8% over the past month, with a year-over-year change of -18.6%, and it currently holds a Zacks Rank of 4 (Sell) [4]
Garmin introduces Varia Vue, its first cycling headlight with a built-in 4K camera
Prnewswire· 2025-04-09 11:00
Core Points - Garmin has launched the Varia™ Vue headlight camera, designed to enhance safety and visibility for cyclists with a 4K camera and a 600-lumen headlight [1][2][3] - The device automatically saves video footage if an incident is detected, providing cyclists with peace of mind during their rides [3][4] - Varia Vue features a smart headlight that adjusts light intensity based on speed and surroundings, and it includes a cutoff beam to protect oncoming traffic's vision [4][9] Product Features - The Varia Vue camera records sharp 4K video with Electronic Image Stabilization and can upload footage to Garmin Vault for secure storage [3][9] - It offers up to 7 hours of battery life in day flash mode with recording and up to 9 hours when the headlight is off, and can be used while charging [9] - The device is priced at $549.99 and is currently available for purchase [6] Market Positioning - Garmin aims to provide cyclists with innovative tools that enhance their riding experience and safety, reinforcing its commitment to developing technology for active lifestyles [7]
DKILY vs. GRMN: Which Stock Is the Better Value Option?
ZACKS· 2025-04-08 16:45
Core Viewpoint - Investors in the Electronics - Miscellaneous Products sector should consider Daikin Industries (DKILY) and Garmin (GRMN) as potential value investment opportunities, with DKILY appearing to be the more attractive option based on valuation metrics [1][7]. Valuation Metrics - Both DKILY and GRMN currently hold a Zacks Rank of 2 (Buy), indicating a positive earnings outlook due to favorable analyst estimate revisions [3]. - DKILY has a forward P/E ratio of 16.49, while GRMN has a higher forward P/E of 22.33, suggesting DKILY may be undervalued relative to GRMN [5]. - The PEG ratio for DKILY is 1.78, compared to GRMN's PEG ratio of 1.97, indicating that DKILY offers better value when considering expected earnings growth [5]. - DKILY's P/B ratio is 1.64, significantly lower than GRMN's P/B ratio of 4.43, further supporting DKILY's stronger valuation profile [6]. - Based on these valuation metrics, DKILY earns a Value grade of A, while GRMN receives a Value grade of D, highlighting DKILY as the superior value option [6].
Garmin announces signature Garmin Marathon Series
Prnewswire· 2025-04-08 11:02
Core Insights - Garmin has launched the Garmin Marathon Series, a fully owned and produced event that aims to create unique experiences for runners [1][3][4] - The series will debut in Toledo, Ohio, on September 21, 2025, and Tucson, Arizona, on November 15, 2025, featuring multiple race distances [5] Company Overview - Garmin is a global leader in fitness technology and has a long history of supporting runners through their training [4][7] - The company aims to innovate and enhance the running experience by directly engaging with the running community through this event [4][7] Event Details - The Garmin Marathon Series will include a USATF-certified full marathon, half marathon, 10K, and 5K in both locations, along with a two-day expo showcasing Garmin products [5] - The events will feature a finish line festival with local food, live entertainment, and activities for participants and the public [5] Community Engagement - Garmin's initiative is designed to foster community engagement and celebrate the journey of runners, appealing to both seasoned athletes and newcomers [3][4] - The company plans to expand the series to more locations in 2026, indicating a commitment to growing its presence in the running community [4]
Is Garmin's Ongoing Product Innovation a Sign to Buy the Stock?
ZACKS· 2025-04-04 15:31
Garmin (GRMN) shares have gained 27.5% in the trailing 12 months, outperforming the Zacks Computer and Technology sector and the S&P 500 index’s return of 6.9% and 10.7%, respectively. The stock has also outperformed the Zacks Electronics - Miscellaneous Products industry’s decline of 47.9% in the same time frame.The company’s shares have been riding on accelerated growth across all of its segments, including Fitness, Aviation and Marine. Garmin expects its Fitness, Aviation and Marine revenues to increase ...
Meet vívoactive 6, the latest health and fitness smartwatch from Garmin
Prnewswire· 2025-04-01 11:01
Core Viewpoint - Garmin has launched the vívoactive® 6 smartwatch, featuring an enhanced AMOLED display and a battery life of up to 11 days, aimed at improving users' health and fitness tracking capabilities [1][2]. Product Features - The vívoactive 6 includes a variety of health and fitness features such as Body Battery™ energy monitoring, sleep coaching, and over 80 preloaded sports apps [1][5]. - It offers a smart wake alarm that gently wakes users during lighter sleep stages, along with a morning report summarizing sleep quality and recovery insights [3]. - Users can track various health metrics including heart rate variability (HRV), stress levels, and blood oxygen saturation (Pulse Ox) [6]. Fitness and Activity Tracking - The smartwatch supports a wide range of activities, including walking, running, cycling, and swimming, and provides personalized workout suggestions [5]. - It features advanced running dynamics tracking, including cadence and stride length, and offers PacePro™ for race day pacing guidance [6]. - For wheelchair users, the device includes specific tracking features such as daily pushes and weight shift alerts [5]. Connectivity and Safety - The vívoactive 6 allows users to receive notifications from their smartphones and includes safety features that can send location information to emergency contacts [8]. - It supports Garmin Pay™ for contactless payments and allows users to download music for offline listening [8]. Design and Availability - The smartwatch is designed with a lightweight aluminum bezel and silicone band, available in multiple color options [9]. - It is set to be available for order on April 4th, 2025, with a suggested retail price of $299.99 [9].
Garmin smartwatches play key role in human spaceflight research
Prnewswire· 2025-04-01 10:30
Core Insights - Garmin's fēnix smartwatch is recognized as fully 'space ready' for supporting research in human spaceflight, showcasing its durability and long battery life for continuous monitoring during missions [1][3] - The Translational Research Institute for Space Health (TRISH) is focused on health and biomedical research to prepare for future human space exploration [2][6] - The data collected from crew members will be integrated into TRISH's EXPAND database to address medical and mental health challenges faced during space missions [3] Company Overview - Garmin Health provides digital health solutions utilizing sensor data from its product ecosystem, enabling integration of smartwatch data into third-party applications [4] - Garmin International, Inc. is a subsidiary of Garmin Ltd., which is incorporated in Switzerland with principal subsidiaries in the United States, Taiwan, and the United Kingdom [5] Research Collaboration - TRISH, supported by NASA's Human Research Program, aims to solve challenges related to human deep space exploration through innovative research [6]
Elevate your health and fitness goals with Garmin Connect+
Prnewswire· 2025-03-27 11:02
Access premium features and more personalized insights in the Garmin Connect app OLATHE, Kan., March 27, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced Garmin Connect+, a premium plan that provides new features and even more personalized insights in the Garmin Connect™ smartphone app. Garmin Connect+ will elevate a customer's health and fitness knowledge with personalized Active Intelligence insights powered by AI, expert training guidance, exclusive badge challenges, expanded LiveTrack features a ...
Garmin Ltd. schedules first quarter 2025 earnings call
Prnewswire· 2025-03-26 11:00
SCHAFFHAUSEN, Switzerland, March 26, 2025 /PRNewswire/ -- Garmin Ltd. (NYSE: GRMN) invites shareholders and investors to listen to its first quarter 2025 earnings conference call on Wednesday, April 30, 2025, 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 April 30, 2025. What: Garmin Ltd. First Quarter 2025 Earnings Call When: Wednesday, April 30, 2025, at 10:30 a.m. EDT Where: Join the ...
4 Tech Stocks Penetrating the Health and Fitness Wearables Market
ZACKS· 2025-03-25 16:20
The healthcare and fitness wearables landscape is transforming rapidly, with tech giants investing heavily to improve the accuracy of their devices and expand the range of health metrics tracked.Leading tech companies like Apple (AAPL) , Alphabet (GOOGL) , Garmin (GRMN) and Meta (META) are competing for dominance in the rapidly expanding health and fitness wearables market, which is projected to grow from $103.2 billion in 2025 to $324.7 billion in 2032, with a CAGR of 17.8%, per a report by Fortune Busines ...