Garmin(US:GRMN) ZACKS·2026-01-28 00:15Company Performance - Garmin's stock closed at $204.80, down 1.02%, underperforming the S&P 500 which gained 0.41% [1] - Over the past month, Garmin's shares increased by 0.64%, while the Computer and Technology sector rose by 0.49% and the S&P 500 by 0.38% [1] Earnings Expectations - Garmin is set to release its earnings on February 18, 2026, with analysts expecting earnings of $2.39 per share, reflecting a year-over-year decline of 0.83% [2] - Quarterly revenue is projected at $2.01 billion, which represents a 10.43% increase from the previous year [2] Fiscal Year Projections - For the entire fiscal year, earnings are estimated at $8.2 per share, with revenue expected to be $7.13 billion, indicating a 10.96% increase in earnings but no change in revenue from the prior year [3] Analyst Estimates and Stock Price Correlation - Recent changes in analyst estimates for Garmin are indicative of short-term business trends, with positive revisions suggesting optimism about the company's profitability [3][4] Zacks Rank and Performance - Garmin currently holds a Zacks Rank of 3 (Hold), with the consensus EPS projection remaining unchanged over the past 30 days [5] - The Zacks Rank system has a strong track record, with 1 rated stocks delivering an average annual return of +25% since 1988 [5] Valuation Metrics - Garmin has a Forward P/E ratio of 23.6, which is lower than the industry's Forward P/E of 24.98, indicating a valuation discount [6] - The company has a PEG ratio of 2.19, compared to the industry average PEG ratio of 1.83 [7] Industry Context - Garmin operates within the Electronics - Miscellaneous Products industry, which is part of the Computer and Technology sector, currently ranked 78 in the Zacks Industry Rank, placing it in the top 32% of over 250 industries [8]