The price-to-earnings ratio for Garmin Ltd (NYSE: GRMN) is 28.66x, which is above its average ratio. Moreover, the 36-month beta value for GRMN is 0.94. Analysts have varying opinions 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 1.91% of that float. On March 14, 2025, GRMN’s average trading volume was 856.06K shares.
GRMN) stock’s latest price update
The stock price of Garmin Ltd (NYSE: GRMN) has dropped by -2.89 compared to previous close of 215.61. Despite this, the company has seen a fall of -5.65% in its stock price over the last five trading days. zacks.com reported 2025-03-13 that GRMN’s Fitness, Outdoor and Marine products are going to be the key growth drivers for Garmin in the upcoming quarters.
GRMN’s Market Performance
Garmin Ltd (GRMN) has seen a -5.65% fall in stock performance for the week, with a -1.04% decline in the past month and a -4.54% plunge in the past quarter. The volatility ratio for the week is 3.53%, and the volatility levels for the past 30 days are at 3.33% for GRMN. The simple moving average for the last 20 days is -5.43% for GRMN’s stock, with a simple moving average of 10.44% for the last 200 days.
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 -3.30% 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 -15.06% of loss for the given period.
Volatility was left at 3.33%, however, over the last 30 days, the volatility rate increased by 3.53%, as shares sank -0.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading unchanged at present.
During the last 5 trading sessions, GRMN fell by -5.65%, which changed the moving average for the period of 200-days by +28.66% in comparison to the 20-day moving average, which settled at $221.40. In addition, Garmin Ltd saw 1.51% 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 LYMAN SUSAN, who sale 2,829 shares at the price of $215.51 back on Mar 10 ’25. After this action, LYMAN SUSAN now owns 8,432 shares of Garmin Ltd, valued at $609,677 using the latest closing price.
Susan Lyman, the Officer of Garmin Ltd, proposed sale 2,829 shares at $215.47 during a trade that took place back on Mar 10 ’25, which means that Susan Lyman is holding shares at $609,555 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 6.09. 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 wrap up, the performance of Garmin Ltd (GRMN) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
