Garmin Ltd. GRMN has recently released multiple financial milestones, including strong Q1 2024 results, and a positive Q1 2025 EPS estimate increase by Zacks Research. The company's stock has consistently outperformed competitors, despite occasional under-performances, hitting multiple new 12-month highs. Dimensional Fund Advisors LP and Retirement Systems of Alabama have increased their stake in Garmin, indicating possible confidence in future growth. Garmin's GFC 500 autopilot certification is expected to boost its Aviation Unit. Trading indicates a considerable return for Garmin shareholders, with an estimated 290% total return. The company's ROE has generated positive impressions, and it has released enhanced marine products and smartwatch updates. Still, some financial institutions are reducing their position, and Garmin's share price has sometimes underperformed competitors. Garmin's recent earnings have regularly beaten estimates. The company is also engaging in expansion activities, including the acquisition of JL Audio. Future expectations are high with Garmin's stock forecast being positive.
Garmin Ltd GRMN News Analytics from Thu, 20 Jul 2023 07:00:00 GMT to Fri, 17 May 2024 22:26:20 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 4
