Garmin Ltd (NYSE: GRMN) has a price-to-earnings ratio of 25.05x that is above its average ratio. Additionally, the 36-month beta value for GRMN is 0.98. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 4 rating it as “hold,” and 1 rating it as “sell.”
The public float for GRMN is 162.21M and currently, short sellers hold a 2.45% ratio of that float. The average trading volume of GRMN on April 03, 2025 was 957.60K shares.
GRMN) stock’s latest price update
The stock price of Garmin Ltd (NYSE: GRMN) has plunged by -16.09 when compared to previous closing price of 218.07, but the company has seen a -15.66% decline in its stock price over the last five trading sessions. prnewswire.com reported 2025-04-01 that Know your body better with popular fitness, wellness and smart features—all on a bright, colorful display OLATHE, Kan., April 1, 2025 /PRNewswire/ — Garmin (NYSE: GRMN) today announced vívoactive® 6, its newest health and fitness smartwatch with an even brighter AMOLED display.
GRMN’s Market Performance
GRMN’s stock has fallen by -15.66% in the past week, with a monthly drop of -18.61% and a quarterly drop of -11.29%. The volatility ratio for the week is 2.56% while the volatility levels for the last 30 days are 2.69% for Garmin Ltd The simple moving average for the past 20 days is -13.89% for GRMN’s stock, with a -5.31% simple moving average for the past 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 -15.61% 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 -25.77% of loss for the given period.
Volatility was left at 2.69%, however, over the last 30 days, the volatility rate increased by 2.56%, as shares sank -17.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.70% lower at present.
During the last 5 trading sessions, GRMN fell by -16.00%, which changed the moving average for the period of 200-days by +14.24% in comparison to the 20-day moving average, which settled at $212.45. In addition, Garmin Ltd saw -11.29% in overturn over a single year, with a tendency to cut further losses.
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 5.29. 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
In conclusion, Garmin Ltd (GRMN) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
