Garmin Ltd. (GRMN)

AI-powered earnings prediction for Garmin Ltd. (GRMN).

252.83
-0.52%
USD, 3 days ago
Market Cap
48.65B
Google

Company Overview

Garmin Ltd. designs, develops, manufactures, markets, and distributes a diverse range of GPS-enabled products and navigation, communications, sensor-based, and information products and services worldwide. It offers running; cycling products; smartwatch devices; scales and monitors; and sports timing and performance analysis; Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, which enables third parties to create applications that run on Garmin devices. It also provides adventure watches; outdoor handhelds and satellite communicators; golf devices; consumer automotive; dog devices; InReach and Gramin response; and dive devices. In addition, it designs, manufactures, and markets various aircraft avionics solutions, including integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponders, weather information and avoidance solutions, datalink and connectivity solutions, and portable GPS navigators and wearables, as well as service products to the aviation market. Further, it offers chartplotters and multi-function displays, cartography, fishfinders, sonar, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing, audio, digital switching, trolling motors, and lighting; and domain controllers and infotainment units, as well as software, map database, camera, wearable, and automotive solutions. The company sells its products through independent retailers, dealers, distributors, installation and repair shops, OEM, and online webshop. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.

Sector
Technology
Industry
Scientific & Technical Instruments
Phone
41 52 630 1600
Headquarters
Mühlentalstrasse 36/38
Schaffhausen, 8200
Switzerland
Full-Time Employees
23,000

Key Metrics

P/E Ratio (TTM)
29.43
Forward P/E
24.85
Price to Book
5.43
Beta
1.00
Profit Margin
22.96%
Gross Margin
58.74%
Return on Equity
19.78%
Return on Assets
11.37%
Earnings Growth
21.20%
Revenue Growth
16.60%
Dividend Yield
165.00%
Dividend Rate
$4.20

Financial Health

Total Cash
$2.74B
Total Debt
$195.99M
Debt to Equity
2.18
Current Ratio
3.63
Free Cash Flow
$790.87M
Operating Cash Flow
$1.63B

Analyst Recommendations

Target Price (Mean)
$260.25
Target High
$320.00
Target Low
$220.00
Recommendation
hold
Analyst Coverage
8 Analysts

Trading Ideas

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Garmin Ltd. (GRMN) Earnings Prediction - AI Forecast | TradAdvisor