Zacks Research has outlined predictions for
Garmin Ltd.'s Q1 2026 earnings. The company has also declared their
first quarter 2024 results and is set to announce its results for
Q2 2025, although an analysts anticipates a decrease in EPS estimates. The past few months witnessed valuable stake acquisitions in Garmin by various institutional investors such as
Kingsview Wealth Management,
Forsta AP Fonden,
ProShare Advisors and
Meeder Asset Management. The company's recent development includes the expansion of its marine portfolio with the release of the
MM55 & 55-HR devices. Despite minor stock fluctuations and earnings estimate reductions, Garmin sets a new
52-week high at
$172.43, highlighting strong investor confidence. Garmin announced dividend of
$0.75 a share, displaying consistent shareholder returns. The company beat analysts' estimates on various occasions, but experienced financial stock underperformance. In terms of operational and strategic aspects, Garmin bolstered its leadership team, as well as finalized a transformative acquisition of
JL Audio, thus extending its business portfolio. On innovation front, Garmin has continued investment in its fitness and marine offerings.
Garmin Ltd GRMN News Analytics from Wed, 20 Sep 2023 07:00:00 GMT to Sat, 20 Jul 2024 17:18:55 GMT -
Rating 7
- Innovation 7
- Information 9
- Rumor 2
