Garmin Stock Analysis

Garmin Stock Analysis Notes

About 20.0% of the company shares are held by company insiders. The book value of Garmin was currently reported as 36.56. The company recorded earning per share (EPS) of 6.71. Garmin last dividend was issued on the 14th of June 2024. The entity had 2:1 split on the 16th of August 2006. 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. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland. Garmin operates under High Precision And Instrumentation Products classification in the United States and is traded on New York Stock Exchange. It employs 18700 people. To learn more about Garmin call Clifton Pemble at 41 52 630 1600 or check out https://www.garmin.com.

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Garmin Thematic Classifications

Garmin Stock Institutional Investors

Note, although Garmin's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Garmin Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 27.33 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Garmin's market, we take the total number of its shares issued and multiply it by Garmin's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Garmin Profitablity

The company has Profit Margin (PM) of 0.25 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.23 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.23.

Management Efficiency

Garmin has return on total asset (ROA) of 0.0836 % which means that it generated a profit of $0.0836 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1952 %, meaning that it created $0.1952 on every $100 dollars invested by stockholders. Garmin's management efficiency ratios could be used to measure how well Garmin manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of April 2024, Return On Tangible Assets is likely to grow to 0.20. Also, Return On Capital Employed is likely to grow to 0.25. At this time, Garmin's Debt To Assets are very stable compared to the past year. As of the 25th of April 2024, Fixed Asset Turnover is likely to grow to 6.30, while Total Current Assets are likely to drop about 2.3 B.

Technical Drivers

As of the 25th of April, Garmin retains the Market Risk Adjusted Performance of 0.2019, risk adjusted performance of 0.0936, and Downside Deviation of 1.12. Garmin technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We have collected data for nineteen technical drivers for Garmin, which can be compared to its competitors. Please check out Garmin variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Garmin is priced fairly, providing market reflects its last-minute price of 142.79 per share. Given that Garmin has jensen alpha of 0.1118, we strongly advise you to confirm Garmin's regular market performance to make sure the company can sustain itself at a future point.

Garmin Price Movement Analysis

Garmin Insider Trading Activities

Garmin Predictive Daily Indicators

Garmin Corporate Filings

Garmin Forecast Models

Garmin's time-series forecasting models are one of many Garmin's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Garmin's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Garmin prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Garmin shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Garmin. By using and applying Garmin Stock analysis, traders can create a robust methodology for identifying Garmin entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Garmin analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Garmin analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Garmin stock analysis indicators help investors evaluate how Garmin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Garmin shares will generate the highest return on investment. By understating and applying Garmin stock analysis, traders can identify Garmin position entry and exit signals to maximize returns.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Garmin. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in Garmin Stock, please use our How to Invest in Garmin guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

When running Garmin's price analysis, check to measure Garmin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Garmin is operating at the current time. Most of Garmin's value examination focuses on studying past and present price action to predict the probability of Garmin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Garmin's price. Additionally, you may evaluate how the addition of Garmin to your portfolios can decrease your overall portfolio volatility.

Is Garmin's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Garmin. If investors know Garmin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Garmin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Garmin is measured differently than its book value, which is the value of Garmin that is recorded on the company's balance sheet. Investors also form their own opinion of Garmin's value that differs from its market value or its book value, called intrinsic value, which is Garmin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Garmin's market value can be influenced by many factors that don't directly affect Garmin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Garmin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Garmin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Garmin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.