Garmin Ltd. (NYSE:GRMN) has experienced a broad range of trajectories. Despite missing Q1 EPS by 3c, the company also recorded record revenue in the Q1 2025 with strategic growth amid challenges. Meanwhile, 57% of Garmin's shares being held by institutional owners led some shareholders to consider exiting. Garmin's product innovations strengthened its outdoor category sales, causing a surge of 11.0% in the GRMN stock. Possibility of further gains has been speculated, but earnings growth is still tracking behind five-year shareholder returns. On a positive note, the company recently increased its dividend to $0.90, resulting in a dividend yield boost. While JP Morgan lowered GRMN's price target citing economic concerns, Morgan Stanley and Tigress Financial Partners raised it. Despite softer fitness and marine sales, excellent auto and outdoor growth influenced Garmin's all-time stock high of $236.84. However, underlying risks are present despite record revenue. Despite the mixed bag of opinions, Garmin's portfolio of product releases and accolades, like being named one of the Most Innovative Fitness and Wellness Companies of 2025, generally signal healthy growth capability. But, revealing insider selling and a small dip in trading call for vigilant monitoring.
Garmin Ltd GRMN News Analytics from Wed, 31 Jul 2024 07:00:00 GMT to Wed, 07 May 2025 11:00:00 GMT -
Rating 1
- Innovation 7
- Information 4
- Rumor -1
