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Garmin is a scientific & technical instruments business based in the US. Garmin stocks (GRMN.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $97.36 – an increase of 1.53% over the previous week. Garmin employs 19,700 staff and has a trailing 12-month revenue of around $4.9 billion.
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| Latest market close | $97.36 |
|---|---|
| 52-week range | $75.22 - $117.98 |
| 50-day moving average | $97.85 |
| 200-day moving average | $93.87 |
| Wall St. target price | $110.00 |
| PE ratio | 19.2032 |
| Dividend yield | $2.92 (3.02%) |
| Earnings per share (TTM) | $5.07 |
Note: The dollar amounts in the table below are in Canadian dollars.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the close of $97.36 from 2023-03-21
| 1 week (2023-03-12) | N/A |
|---|---|
| 1 month (2023-02-22) | -0.45% |
| 3 months (2022-12-22) | 6.97% |
| 6 months (2022-09-23) | 17.63% |
| 1 year (2022-03-19) | N/A |
|---|---|
| 2 years (2021-03-23) | -22.83% |
| 3 years (2020-03-23) | 53.01% |
| 5 years (2018-03-22) | 66.88% |
Valuing Garmin stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Garmin's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
| Revenue TTM | $4.9 billion |
|---|---|
| Operating margin TTM | 21.15% |
| Gross profit TTM | $2.8 billion |
| Return on assets TTM | 8.24% |
| Return on equity TTM | 15.81% |
| Profit margin | 20.03% |
| Book value | $32.38 |
| Market capitalisation | $18.6 billion |
TTM: trailing 12 months
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Garmin.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 22.03
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Garmin's overall score of 22.03 (as at 12/31/2018) is pretty good – landing it in it in the 21st percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Garmin is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 6.37/100
Garmin's environmental score of 6.37 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that Garmin is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 10.84/100
Garmin's social score of 10.84 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that Garmin is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 7.82/100
Garmin's governance score puts it squarely in the 4th percentile of companies rated in the same sector. That could suggest that Garmin is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Garmin scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Garmin has, for the most part, managed to keep its nose clean.
Dividend payout ratio: 56.81% of net profits
Recently Garmin has paid out, on average, around 56.81% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.02% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Garmin shareholders could enjoy a 3.02% return on their shares, in the form of dividend payments. In Garmin's case, that would currently equate to about $2.92 per share.
Garmin's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Garmin's most recent dividend payout was on 30 March 2023. The latest dividend was paid out to all shareholders who bought their shares by 13 March 2023 (the "ex-dividend date").
Garmin's shares were split on a 2:1 basis on 15 August 2006. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Garmin shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Garmin shares which in turn could have impacted Garmin's share price.
Over the last 12 months, Garmin's shares have ranged in value from as little as $75.2177 up to $117.9768. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Garmin's is 0.9523. This would suggest that Garmin's shares are less volatile than average (for this exchange).
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. Its Fitness segment offers running and multi-sport watches; cycling products; activity tracking and smartwatch devices; fitness and cycling accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms; and Connect IQ, an application development platform. The company's Outdoor segment offers adventure watches, outdoor handhelds, golf devices and mobile apps, and dog tracking and training devices. Its Aviation segment designs, manufactures, and markets various aircraft avionics solutions comprising 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 transponder solutions, weather information and avoidance solutions, datalink and connectivity solutions, portable GPS navigators and wearables, and various services products. The company's Marine segment provides chartplotters and multi-function displays, cartography products, fishfinders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, entertainment, digital switching products, and trolling motors.
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