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]

Company Performance - Garmin's stock closed at $235.96, reflecting a -1.06% change from the previous day's closing price, underperforming the S&P 500's daily gain of 0.3% [1] - Over the past month, Garmin's stock has increased by 2.38%, which is below the Computer and Technology sector's gain of 3.1% but above the S&P 500's gain of 2.09% [1] Upcoming Earnings - Analysts expect Garmin to report earnings of $1.98 per share, indicating a year-over-year decline of 0.5% [2] - The consensus estimate for Garmin's revenue is $1.78 billion, representing a 12.35% increase compared to the same quarter last year [2] Annual Forecast - The Zacks Consensus Estimates project Garmin's earnings for the year to be $8.07 per share and revenue to be $7.05 billion, reflecting changes of +9.2% and +11.9% respectively compared to the previous year [3] Analyst Estimates - Recent modifications to analyst estimates for Garmin suggest a favorable outlook on the company's business health and profitability [4] - Changes in estimates are believed to have a direct relationship with upcoming stock price performance [5] Zacks Rank and Valuation - Garmin currently holds a Zacks Rank of 2 (Buy), with a Forward P/E ratio of 29.57, which is a premium compared to the industry average Forward P/E of 18.88 [6] - The company has a PEG ratio of 2.65, compared to the Electronics - Miscellaneous Products industry's average PEG ratio of 1.92 [7] Industry Context - The Electronics - Miscellaneous Products industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 85, placing it in the top 35% of all industries [8]

Core Viewpoint - Garmin (GRMN) has shown a downtrend recently, losing 7.2% over the past week, but a hammer chart pattern suggests a potential trend reversal as buying interest may be emerging to counteract selling pressure [1][2]. Technical Analysis - The hammer chart pattern indicates a possible bottoming out, with reduced selling pressure, suggesting that bulls may be regaining control [2][5]. - A hammer pattern forms when there is a small difference between opening and closing prices, with a long lower wick, indicating that the stock made a new low but closed near its opening price [4][5]. - This pattern is significant when it occurs at the bottom of a downtrend, signaling a potential trend reversal as bears may have lost control [5][6]. Fundamental Analysis - There is a strong consensus among Wall Street analysts to raise earnings estimates for Garmin, which supports the bullish case for the stock [2][7]. - The consensus EPS estimate for the current year has increased by 2.4% over the last 30 days, indicating analysts' agreement on the company's potential for better earnings [8]. - Garmin currently holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, which typically outperform the market [9][10].

Core Viewpoint - Garmin is expected to report a year-over-year increase in earnings and revenues for the quarter ended June 2025, with the actual results having a significant impact on its near-term stock price [1][2]. Earnings Expectations - The upcoming earnings report is anticipated to be released on July 30, with a consensus EPS estimate of $1.96, reflecting a +24.1% change year-over-year. Revenues are projected to be $1.74 billion, up 15.4% from the previous year [3][2]. Estimate Revisions - The consensus EPS estimate has been revised 0.65% higher in the last 30 days, indicating a collective reassessment by analysts [4]. Earnings Surprise Prediction - Garmin's Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.02%, suggesting a bearish outlook from analysts [12]. The stock currently holds a Zacks Rank of 3, complicating predictions of an earnings beat [12]. Historical Performance - In the last reported quarter, Garmin was expected to post earnings of $1.65 per share but delivered $1.61, resulting in a surprise of -2.42%. Over the last four quarters, the company has beaten consensus EPS estimates three times [13][14]. Conclusion - Garmin does not appear to be a compelling candidate for an earnings beat, and investors should consider other factors when making decisions regarding the stock ahead of the earnings release [17].

Company Performance - Garmin's stock increased by 2.16% to $220.80, outperforming the S&P 500's daily gain of 0.32% [1] - Over the past month, Garmin's stock has risen by 9.28%, surpassing the Computer and Technology sector's gain of 7.22% and the S&P 500's gain of 4.51% [1] Upcoming Financial Results - Garmin is set to announce its earnings on July 30, 2025, with an expected EPS of $1.95, reflecting a 23.42% growth year-over-year [2] - Revenue is anticipated to be $1.73 billion, indicating a 15.01% increase compared to the same quarter last year [2] Full Year Estimates - Analysts expect Garmin to report earnings of $7.99 per share and revenue of $6.83 billion for the full year, representing changes of +8.12% and +8.48% respectively from the previous year [3] - Recent analyst estimate revisions suggest a positive outlook for Garmin's business [3] Valuation Metrics - Garmin's current Forward P/E ratio is 27.04, which is higher than the industry average of 18.94 [6] - The company has a PEG ratio of 2.42, compared to the industry average PEG ratio of 1.78 [6] Industry Context - Garmin operates within the Electronics - Miscellaneous Products industry, which is part of the Computer and Technology sector [7] - The industry holds a Zacks Industry Rank of 96, placing it in the top 39% of over 250 industries [7]