Garmin Ltd is set to announce their Q3 earnings, causing speculation around the stock's performance. The company has outpaced the broader market upswing and has also formed a partnership with Truemed to facilitate the usage of HSA/FSA funds on fitness items. New product launches have been made in the Aviation and Marine Tech divisions, which might impact the company's valuation.
The company is due to pay a dividend of $0.90. Interestingly, Garmin just posted a Golden Cross signal, often seen as a bullish trading pattern. However, some claim the company might be overvalued. D2 Air X15 and D2 Mach 2, new aviator smartwatches, were recently unveiled. Comparisons between Garmin's stock and its computer and technology peers reflect positively on Garmin's performance and upcoming dividend.
Garmin's Q4 2024 results were recently announced, as was the addition of the MYLAPS sports timing company to the company's portfolio. Garmin's stock recently hit an all-time high at 259.87 USD. The company also lifted its sales outlook despite a tightening margin that caused the stock to slide. Despite these developments, some shareholders might be looking to exit their positions.
Garmin Ltd GRMN News Analytics from Sun, 16 Feb 2025 08:00:00 GMT to Fri, 24 Oct 2025 14:27:00 GMT - Rating 8 - Innovation 6 - Information 5 - Rumor 2
