Shares of Garmin have moved 2.1% today, and are now trading at a price of $240.53. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 911,646 compared to the stock's average volume of 856,601.
Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. Based in Schaffhausen, Switzerland the company has 21,800 full time employees and a market cap of $46,301,544,448. Garmin currently offers its equity investors a dividend that yields 1.5% per year.
The company is now trading 12.49% away from its average analyst target price of $213.83 per share. The 6 analysts following the stock have set target prices ranging from $167.0 to $285.0, and on average give Garmin a rating of hold.
Over the last 52 weeks, GRMN stock has risen 30.4%, which amounts to a 14.5% difference compared to the S&P 500. The stock's 52 week high is $246.5 whereas its 52 week low is $160.94 per share. With its net margins declining an average -1.8% over the last 6 years, Garmin may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 6,296,903 | 1,411,436 | 22 | -12.0 |
| 2023 | 5,228,252 | 1,289,636 | 25 | 25.0 |
| 2022 | 4,860,286 | 973,585 | 20 | -9.09 |
| 2021 | 4,982,795 | 1,082,200 | 22 | -8.33 |
| 2020 | 4,186,573 | 992,324 | 24 | -4.0 |
| 2019 | 3,757,505 | 952,486 | 25 |
