Investment firms continue to
invest in
Garmin Ltd. The company's stock is on a steady rise having hit a
new 12-month high of $183.20 and an all-time high of $183.28. This performance has attracted various financial analysts who have given different
predictions on the stock. Garmin's board has declared a quarterly
dividend of $0.75 to shareholders. The company's
first and second quarter year 2024 results have been released, contributing to the positive momentum in its stock value. Garmin's Q2 EPS was higher than anticipated beating estimates by 15c while its Q1 earnings and sales increased year-over-year. The company introduced its dēzl OTR navigator series with insights which attracted
strong reception from truck drivers. Garmin also expanded its
executive leadership team and made a
general counsel transition. The firm saw substantial backing from institutional investors who own up to 56% of the shares. Garmin made notable advancements In the rollout of
innovative products such as the Enduro 3 smartwatches with a solar battery, fēnix 8 Series featuring AMOLED displays and pioneering technology to prevent runway incursions.
Garmin Ltd GRMN News Analytics from Wed, 01 Nov 2023 07:00:00 GMT to Sun, 01 Sep 2024 18:21:59 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor 6
