Garmin Ltd. (NYSE:GRMN) has been the focus of varied activity recently. Investment groups like
Monte Financial Group, Janney Montgomery Scott, and Silver Lake Advisory have trimmed their holdings in the company. On the other hand, firms like
Advisory Alpha, Ameritas Advisory Services, and Barlow Wealth Partners have increased their stakes in the company. Garmin has unveiled the
Approach G20 Solar, a revolutionary golf GPS with unlimited battery life, and premium golf smartwatches
Approach S44 and S50 with extensive course maps. Some contemplate if the company is potentially undervalued. Garmin recorded strong
Q3 2024 results with record revenue and significant segment growth. It's expected to maintain this momentum into
Q4 2024. Garmin has expanded its ECG app to customers in Australia and the European Union. Improved earnings led the company's shares to rise by 27%. The company has experienced significant growth with its share price gaining 140% in the last five years. Financials took centre stage as Garmin announced a strong earnings beat and overall impressive YTD growth of 67%. The company remains primarily controlled by institutional shareholders.
Garmin Ltd GRMN News Analytics from Wed, 01 May 2024 07:00:00 GMT to Sat, 25 Jan 2025 14:00:31 GMT -
Rating 8
- Innovation 7
- Information 6
- Rumor 2
