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Garmin (GRMN) Outperforms Broader Market: What You Need to Know
ZACKS· 2025-06-27 23:16
Core Viewpoint - Garmin is expected to report strong earnings growth and revenue increase in its upcoming earnings disclosure, indicating positive business trends Group 1: Stock Performance - Garmin closed at $208.36, reflecting a +1.56% change from the previous day, outperforming the S&P 500's gain of 0.52% [1] - Over the past month, Garmin's shares gained 1.14%, underperforming the Computer and Technology sector's 9.55% gain and the S&P 500's 5.95% gain [1] Group 2: Earnings and Revenue Estimates - Garmin is projected to report earnings of $1.95 per share, representing a year-over-year growth of 23.42%, with revenue expected to be $1.73 billion, a 15.01% increase compared to the previous year [2] - For the entire year, the Zacks Consensus Estimates forecast earnings of $7.99 per share and revenue of $6.83 billion, indicating changes of +8.12% and +8.48% respectively compared to the previous year [3] Group 3: Analyst Estimates and Rankings - Recent adjustments to analyst estimates for Garmin reflect short-term business trends, with positive revisions indicating analyst optimism about profitability [3] - Garmin currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate having moved 2.16% higher over the past month [5] Group 4: Valuation Metrics - Garmin's Forward P/E ratio is 25.67, which is a premium compared to the industry average Forward P/E of 19.04 [6] - The company has a PEG ratio of 2.3, compared to the Electronics - Miscellaneous Products industry's average PEG ratio of 1.74 [7] Group 5: Industry Context - The Electronics - Miscellaneous Products industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 149, placing it in the bottom 40% of all industries [8]
Garmin (GRMN) Advances While Market Declines: Some Information for Investors
ZACKS· 2025-06-05 23:21
Garmin (GRMN) closed the most recent trading day at $205.48, moving +0.26% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.53%. Elsewhere, the Dow saw a downswing of 0.26%, while the tech-heavy Nasdaq depreciated by 0.83%.Shares of the maker of personal navigation devices have appreciated by 8.87% over the course of the past month, outperforming the Computer and Technology sector's gain of 8.67% and the S&P 500's gain of 5.17%.Analysts and investors ...
Investing in Garmin (GRMN)? Don't Miss Assessing Its International Revenue Trends
ZACKS· 2025-05-13 14:22
Have you assessed how the international operations of Garmin (GRMN) performed in the quarter ended March 2025? For this maker of personal navigation devices, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial health and trajectory of gro ...
Garmin (GRMN) Q1 Earnings and Revenues Miss Estimates
ZACKS· 2025-04-30 13:10
Garmin (GRMN) came out with quarterly earnings of $1.61 per share, missing the Zacks Consensus Estimate of $1.65 per share. This compares to earnings of $1.42 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.42%. A quarter ago, it was expected that this maker of personal navigation devices would post earnings of $1.94 per share when it actually produced earnings of $2.41, delivering a surprise of 24.23%.Over the last four qu ...