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Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

Garmin Limited (GRMN-Q) is receiving positive reviews from experts, who highlight the company's strong financial performance, innovative product offerings, and successful pivot to different business lines. The company has shown significant revenue and EPS growth, with impressive margins and free cash flow. With a focus on consumer products like GPS devices, smartwatches, and boating equipment, Garmin Limited is considered a hidden compounder with potential for continued growth. Overall, experts view Garmin Limited as a high-quality company with a bright earnings outlook.

Consensus
Positive
Valuation
Fair Value
BUY
Garmin  Limited

Is soaring today. They raised their EPS and revenue (up 41%). They're in the sweet spot for consumer products.

electrical / electronic
TOP PICK
Garmin  Limited

Had GPS devices in cars, now successfully pivoted to different business lines. Active watches, flight decks, boating GPS, equipment for automakers. Fast-growing, beautiful balance sheet. Acquires lots of companies in its relevant spaces. Consumer will continue to spend $$ on these high-quality products. A hidden compounder. Yield is 1.8%.

(Analysts’ price target is $162.29)
electrical / electronic
BUY
Garmin  Limited

Likes it and has been following it for years. Last week, they reported 13% revenue growth while four of their five segments beat expectations, a top and bottom line beat. Gross margins were way up at 53.8%, beating expectation, and operating margins also beat. Free cash flow also increased. The company keeps innovative, like their new smart watch. Inventory level is now strong, having overcome surplus inventories. Now trades at 25.5x PE, but they deserve this premium because of their earnings outlook.

electrical / electronic
SELL
Garmin  Limited

Generates 50% or so of revenue from OEM GPS units in Chrysler and Jeep. Have been spending a lot of money on innovation. That is a good thing if the innovation works, but is a bit of a wildcard. A lot of the innovations they are coming out with are wrist wear type of devices, but a lot of that can be done with your smart phone. 5% dividend yield.

electrical / electronic
SELL
Garmin  Limited

Generates about 50% of their revenue from selling GPS units to OEM car manufacturers. That part of their business has been struggling, and is worrisome because it is such a large part of where their revenues come from. Have recently been spending money on innovations, and coming out with wearable devices. The challenge is that innovation is quite costly. Their free cash flow is down 10%-12% over the last few years. His biggest concern is that they are channelling their investments and focus on wearables including watches. Apple (AAPL-Q) and other smart phones can do all of this, and he doesn’t want to be competing with the Apple brand.

electrical / electronic
TOP PICK
Garmin  Limited

GPS technology. He was looking for a technology play with a good yield. Likes their Marine, Fitness and other divisions. Feels that the GPS market as a whole is going to be huge. They are reinventing their product array and it is a really, really strong company. Lots of cash. Yield of 4.1% with a 60% payout ratio.

electrical / electronic
SELL
Garmin  Limited
(Market Call Minute.) Stock has suffered a big decline. Its market share is being threatened. Failed to undertake an acquisition last year that Nokia made.
electrical / electronic
BUY
Garmin  Limited
Really expanded as to where they’ve put their GPS products. Industry growth looks really solid. Concern has to be competitive threats as a lot of companies are moving into the area. Great brand name. At a slight discount to fair value.
electrical / electronic
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Garmin Limited(GRMN-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Garmin Limited is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Garmin Limited(GRMN-Q) Frequently Asked Questions

What is Garmin Limited stock symbol?

Garmin Limited is a American stock, trading under the symbol GRMN-Q on the NASDAQ (GRMN). It is usually referred to as NASDAQ:GRMN or GRMN-Q

Is Garmin Limited a buy or a sell?

In the last year, 2 stock analysts published opinions about GRMN-Q. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Garmin Limited.

Is Garmin Limited a good investment or a top pick?

Garmin Limited was recommended as a Top Pick by on . Read the latest stock experts ratings for Garmin Limited.

Why is Garmin Limited stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Garmin Limited worth watching?

2 stock analysts on Stockchase covered Garmin Limited In the last year. It is a trending stock that is worth watching.

What is Garmin Limited stock price?

On 2024-12-04, Garmin Limited (GRMN-Q) stock closed at a price of $215.73.