Garmin Stock Analysis

GRMN
 Stock
  

USD 81.48  0.29  0.35%   

The latest Garmin price slide may raise some interest from institutional investors. The stock closed today at a share price of 81.48 on 346,836 in trading volume. The company management teams were unable to exploit market volatilities in August. However, diversifying your overall positions with Garmin can protect your principal portfolio during market swings. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.19. The current volatility is consistent with the ongoing market swings in August 2022 as well as with Garmin unsystematic, company-specific events.
Please check Risk vs Return Analysis.
  
The Garmin stock analysis report makes it easy to digest most publicly released information about Garmin and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Garmin Stock analysis module also helps to analyze the Garmin price relationship with some important fundamental indicators such as market cap and management efficiency.

Garmin Stock Analysis Notes

About 20.0% of the company shares are held by company insiders. The book value of Garmin was currently reported as 29.75. The company has Price/Earnings To Growth (PEG) ratio of 1.38. Garmin recorded earning per share (EPS) of 5.47. The entity last dividend was issued on the 14th of September 2022. The firm had 2:1 split on the 16th of August 2006. Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices in the Americas, the Asia Pacific, Australian Continent, Europe, the Middle East, and Africa. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland. Garmin is traded on New York Stock Exchange in the United States. To learn more about Garmin call Clifton Pemble at 41 52 630 1600 or check out https://www.garmin.com.

Garmin Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Garmin's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Garmin or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Garmin generated a negative expected return over the last 90 days
Garmin is unlikely to experience financial distress in the next 2 years
About 20.0% of the company shares are held by company insiders
Latest headline from techcrunch.com: Apple Watch Ultra first impressions - TechCrunch

Garmin Upcoming and Recent Events

Earnings reports are used by Garmin to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Garmin previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report16th of February 2022
Next Financial Report27th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End16th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Garmin SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Garmin prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Garmin investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Garmin specific information freely available to individual and institutional investors to make a timely investment decision.
12th of September 2022
Unclassified Corporate Event
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27th of July 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
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13th of June 2022
Unclassified Corporate Event. Unclassified Corporate Event. Unclassified Corporate Event. Unclassified Corporate Event. Completion of Acquisition or Disposition of Assets
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27th of April 2022
Financial Statements and Exhibits. Other Events. Results of Operations and Financial Condition
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10th of March 2022
Unclassified Corporate Event
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16th of February 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
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10th of February 2022
Unclassified Corporate Event
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2nd of February 2022
Unclassified Corporate Event
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Garmin Thematic Classifications

In addition to having Garmin stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Technology
Research or development of technologically based good

Garmin Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Garmin is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Garmin backward and forwards among themselves. Garmin's institutional investor refers to the entity that pools money to purchase Garmin's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Vanguard Group IncCommon Shares17.7 M1.7 B
Blackrock IncCommon Shares14.2 M1.4 B
State Street CorpCommon Shares6.4 M633 M
Artisan Partners Limited PartnershipCommon Shares6.4 M631.8 M
Geode Capital Management LlcCommon Shares3.1 M299.6 M
Pictet Asset Management SaCommon Shares2.3 M226.2 M
Jpmorgan Chase CoCommon Shares2.2 M213.5 M
Note, although Garmin's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Garmin Market Capitalization

The company currently falls under 'Large-Cap' category with current market capitalization of 15.73 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Garmin's market, we take the total number of its shares issued and multiply it by Garmin's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Garmin Profitablity

Garmin's profitability indicators refer to fundamental financial ratios that showcase Garmin's ability to generate income relative to its revenue or operating costs. If, let's say, Garmin is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Garmin's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Garmin's profitability requires more research than a typical breakdown of Garmin's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 20.31 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 22.39 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.22.

Management Efficiency

The entity has return on total asset (ROA) of 9.19 % which means that it generated profit of $9.19 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 17.72 %, meaning that it created $17.72 on every $100 dollars invested by stockholders. Garmin management efficiency ratios could be used to measure how well garmin manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 30th of September, Garmin retains the market risk adjusted performance of (0.22), and Risk Adjusted Performance of (0.13). Garmin technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We have collected data for nineteen technical drivers for Garmin, which can be compared to its competitors. Please check out Garmin variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Garmin is priced fairly, providing market reflects its last-minute price of 81.48 per share. Given that Garmin has jensen alpha of (0.16), we strongly advise you to confirm Garmin's regular market performance to make sure the company can sustain itself at a future point.

Garmin Price Movement Analysis

The output start index for this execution was sixty with a total number of output elements of one. The Double Exponential Moving Average indicator was developed by Patrick Mulloy. It consists of a single exponential moving average and a double exponential moving average. This indicator is more responsive to Garmin changes than the simple moving average.
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Garmin Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Garmin insiders, such as employees or executives, is commonly permitted as long as it does not rely on Garmin's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Garmin insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Jonathan Burrell over three weeks ago via Macroaxis 
Garmin exotic insider transaction detected
Clifton Pemble over a month ago via Macroaxis 
Garmin exotic insider transaction detected
Min Kao over two months ago via Macroaxis 
Garmin exotic insider transaction detected
Catherine Lewis over three months ago via Macroaxis 
Acquisition by Catherine Lewis of 1502 shares of Garmin subject to Rule 16b-3
Jonathan Burrell over three months ago via Macroaxis 
Garmin exotic insider transaction detected
Catherine Lewis over three months ago via Macroaxis 
Payment of 262 shares by Catherine Lewis of Garmin subject to Rule 16b-3
Jonathan Burrell over three months ago via Macroaxis 
Garmin exotic insider transaction detected
Jonathan Burrell over three months ago via Macroaxis 
Bona fide gift to Jonathan Burrell of 325000 shares of Garmin subject to Section 16
Straub Philip over six months ago via Macroaxis 
Garmin exotic insider transaction detected
Jonathan Burrell over six months ago via Macroaxis 
Garmin exotic insider transaction detected
Jonathan Burrell over six months ago via Macroaxis 
Bona fide gift to Jonathan Burrell of 700000 shares of Garmin subject to Section 16
Jonathan Burrell over six months ago via Macroaxis 
Garmin exotic insider transaction detected

Garmin Predictive Daily Indicators

Garmin intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Garmin stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Garmin Forecast Models

Garmin time-series forecasting models is one of many Garmin's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Garmin's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Garmin Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Garmin prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Garmin shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Garmin. By using and applying Garmin Stock analysis, traders can create a robust methodology for identifying Garmin entry and exit points for their positions.
Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices in the Americas, the Asia Pacific, Australian Continent, Europe, the Middle East, and Africa. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland. Garmin is traded on New York Stock Exchange in the United States.

Current Garmin Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Garmin analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Garmin analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
158.33Hold6Odds
Garmin current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Garmin analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Garmin stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Garmin, talking to its executives and customers, or listening to Garmin conference calls.
Garmin Analyst Advice Details

Garmin Stock Analysis Indicators

Garmin stock analysis indicators help investors evaluate how Garmin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Garmin shares will generate the highest return on investment. By understating and applying Garmin stock analysis, traders can identify Garmin position entry and exit signals to maximize returns.
Quick Ratio1.42
Trailing Annual Dividend Rate2.68
Fifty Two Week Low81.00
Revenue Growth-6.50%
Payout Ratio52.09%
Shares Short Prior Month1.8M
Average Daily Volume Last 10 Day1.26M
Average Daily Volume In Three Month1.08M
Earnings Growth-18.90%
Shares Percent Shares Out1.33%
Earnings Quarterly Growth-18.70%
Gross Margins57.22%
Short Percent Of Float1.67%
Forward Price Earnings12.01
Float Shares128.44M
Fifty Two Week High165.84
Enterprise Value To Ebitda13.52
Fifty Day Average93.51
Two Hundred Day Average108.79
Enterprise Value To Revenue3.47
Trailing Annual Dividend Yield3.19%
Please check Risk vs Return Analysis. You can also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running Garmin price analysis, check to measure Garmin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Garmin is operating at the current time. Most of Garmin's value examination focuses on studying past and present price action to predict the probability of Garmin's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Garmin's price. Additionally, you may evaluate how the addition of Garmin to your portfolios can decrease your overall portfolio volatility.
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Is Garmin's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Garmin. If investors know Garmin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Garmin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Garmin is measured differently than its book value, which is the value of Garmin that is recorded on the company's balance sheet. Investors also form their own opinion of Garmin's value that differs from its market value or its book value, called intrinsic value, which is Garmin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Garmin's market value can be influenced by many factors that don't directly affect Garmin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Garmin's value and its price as these two are different measures arrived at by different means. Investors typically determine Garmin value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Garmin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.