The stock of Garmin Ltd (GRMN) has gone down by -7.08% for the week, with a -2.80% drop in the past month and a 0.13% rise in the past quarter. The volatility ratio for the week is 2.84%, and the volatility levels for the past 30 days are 3.06% for GRMN. The simple moving average for the last 20 days is -3.79% for GRMN’s stock, with a simple moving average of 12.79% for the last 200 days.
Is It Worth Investing in Garmin Ltd (NYSE: GRMN) Right Now?
Garmin Ltd (NYSE: GRMN) has a higher price-to-earnings ratio of 29.12x compared to its average ratio. GRMN has 36-month beta value of 0.94. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 1 as “sell.”
The public float for GRMN is 155.09M, and currently, short sellers hold a 1.99% ratio of that float. The average trading volume of GRMN on March 07, 2025 was 849.65K shares.
GRMN) stock’s latest price update
The stock price of Garmin Ltd (NYSE: GRMN) has dropped by -4.14 compared to previous close of 221.91. Despite this, the company has seen a fall of -7.08% in its stock price over the last five trading days. zacks.com reported 2025-03-07 that Five Health & Fitness stocks have strong growth potential for 2025. These are: GRMN, SFM, DOCS, LTH, VFC.
Analysts’ Opinion of GRMN
Many brokerage firms have already submitted their reports for GRMN stocks, with Morgan Stanley repeating the rating for GRMN by listing it as a “Underweight.” The predicted price for GRMN in the upcoming period, according to Morgan Stanley is $138 based on the research report published on October 07, 2024 of the previous year 2024.
Barclays, on the other hand, stated in their research note that they expect to see GRMN reach a price target of $133, previously predicting the price at $181. The rating they have provided for GRMN stocks is “Underweight” according to the report published on September 13th, 2024.
BofA Securities gave a rating of “Underperform” to GRMN, setting the target price at $150 in the report published on May 22nd of the previous year.
GRMN Trading at -1.57% from the 50-Day Moving Average
After a stumble in the market that brought GRMN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.70% of loss for the given period.
Volatility was left at 3.06%, however, over the last 30 days, the volatility rate increased by 2.84%, as shares sank -3.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.81% upper at present.
During the last 5 trading sessions, GRMN fell by -7.06%, which changed the moving average for the period of 200-days by +24.47% in comparison to the 20-day moving average, which settled at $221.12. In addition, Garmin Ltd saw 3.14% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GRMN starting from Boessen Douglas G., who sale 2,763 shares at the price of $226.55 back on Feb 28 ’25. After this action, Boessen Douglas G. now owns 30,936 shares of Garmin Ltd, valued at $625,969 using the latest closing price.
Munn Matthew, the EVP, Man. Director – Auto OEM of Garmin Ltd, sale 4,637 shares at $225.31 during a trade that took place back on Feb 28 ’25, which means that Munn Matthew is holding 11,450 shares at $1,044,756 based on the most recent closing price.
Stock Fundamentals for GRMN
Current profitability levels for the company are sitting at:
- 0.25 for the present operating margin
- 0.59 for the gross margin
The net margin for Garmin Ltd stands at 0.22. The total capital return value is set at 0.2. Equity return is now at value 19.00, with 15.48 for asset returns.
Based on Garmin Ltd (GRMN), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 10.62.
Currently, EBITDA for the company is 1.59 billion with net debt to EBITDA at -1.13. When we switch over and look at the enterprise to sales, we see a ratio of 6.19. The receivables turnover for the company is 6.4for trailing twelve months and the total asset turnover is 0.65. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.52.
Conclusion
To put it simply, Garmin Ltd (GRMN) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
