Quick Update for Garmin (GRMN) Investors

Shares of Farm & Heavy Construction Machinery company Garmin jumped 2.4% today. With many investors piling into GRMN without a second thought, it may be a good idea to take a closer look at the stock. Here are some quick facts to get you started:

  • Garmin has moved 48.0% over the last year, and the S&P 500 logged a change of 32.9%

  • GRMN has an average analyst rating of hold and is 14.86% away from its mean target price of $126.53 per share

  • Its trailing earnings per share (EPS) is $6.71

  • Garmin has a trailing 12 month Price to Earnings (P/E) ratio of 21.7 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $5.96 and its forward P/E ratio is 24.4

  • The company has a Price to Book (P/B) ratio of 3.97 in contrast to the S&P 500's average ratio of 2.95

  • Garmin is part of the Industrials sector, which has an average P/E ratio of 22.19 and an average P/B of 4.06

  • GRMN has reported YOY quarterly earnings growth of 84.6% and gross profit margins of 0.6%

  • The company has a free cash flow of $869.59 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. Its Fitness segment offers running and multi-sport watches; cycling products; smartwatch devices; scales and monitors; and fitness accessories.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.