Garmin Ltd (GRMN) experienced a slight decrease in trade value of 0.03% on Mar 21 while it dropped 8.9% since its last earnings report. GRMN was named the 2025 IBBI Supplier of the Year and also received the same recognition from Cirrus Aircraft at PX25. The shares of GRMN is significantly owned by institutional owners, accounting about 58% of total GRMN shares. The stock has also shown strong momentum, leading investors to analyze its financial prospects. Garmin has been making strides in its superior product offerings, such as the Garmin G3000 PRIME integrated flight deck for the new Pilatus PC-12 PRO aircraft and the Force Pro trolling motor. The company's Q3 2024 earnings revealed a record revenue and robust segment growth alongside GRMN's share price surging 45% year over year. It also expects further growth supported by expansion in its wearables portfolio. Garmin's Q4 2024 earnings surpassed estimates with a record revenue. The company's upcoming retrofit certification of GFC 600H flight control system for Airbus H130 helicopters showed positive advances in its R&D. Garmin has exhibited steady growth over the years, with a 140% gain if invested five years ago and was also named the Most Innovative Fitness and Wellness Company of 2025 by Athletech News.
Garmin Ltd GRMN News Analytics from Wed, 01 May 2024 07:00:00 GMT to Fri, 21 Mar 2025 15:30:00 GMT -
Rating 8
- Innovation 7
- Information 9
