Garmin Ltd (GRMN) continues to be a strong growth and momentum stock, with its excellent performance and high market returns. Limited largely by its institutional investors, who own about 57% of shares, the company has benefitted from a recent US$1.7b market cap gain. Garmin has a solid schedule of upcoming dividend payments and is due to pay a dividend of $0.90. Q2 reports are eagerly awaited by investors, given the company's recent strides in innovation and product launches. The recent unveiling of a revolutionary
Descent S1 Smart Buoy, along with the introduction of
turn-by-turn Google Maps navigation in their smartwatches, showcase their drive for innovation. Despite some analysts stating the overvaluation of its stock and cut in the stock price target by BofA, Garmin continues to make strides with new products like the
Force Current kayak trolling motor and the
Index Sleep Monitor smart sleep band. However, Garmin's first quarter 2025 results showed some disappointment with a miss in EPS by 3c. It remains to be seen what rests ahead for Garmin as it navigates through financial uncertainty and continues its innovation-driven approach towards growth.
Garmin Ltd GRMN News Analytics from Wed, 30 Oct 2024 07:00:00 GMT to Fri, 25 Jul 2025 14:53:57 GMT -
Rating 6
- Innovation 7
- Information 7
- Rumor 2
