Garmin Ltd. (GRMN)
186.87 USD -17.23 (-8.44%) Volume: 2.91M
Garmin Ltd.’s stock price stands at 186.87 USD, experiencing a significant drop of -8.44% in today’s trading session with a trading volume of 2.91M. The stock has seen a year-to-date decrease of -9.40%, reflecting its volatile performance in the market.
Latest developments on Garmin Ltd.
Garmin Ltd. faced a challenging Wednesday as its stock underperformed compared to competitors following the announcement of its first quarter 2025 results. Despite revenues increasing year over year, Garmin missed Q1 earnings expectations by 3 cents per share, leading to a fall in profits and concerns about trade issues impacting the company. Barclays also adjusted Garmin’s price target downwards, further impacting the stock price. However, Garmin sought to reassure investors by increasing its dividend and unveiling new products like Garmin Pilot Web, an online flight planning tool. The company’s stock price movements today reflect a mix of financial performance and market outlook.
Garmin Ltd. on Smartkarma
Analysts on Smartkarma are closely covering Garmin Ltd, a leading provider of GPS navigation and wearable technology. Baptista Research published a bullish report on Garmin, highlighting the company’s robust financial performance in the fourth quarter of 2024. The report mentioned a 23% year-over-year increase in consolidated revenue, reaching $1.82 billion, with growth evenly distributed across all five business segments. The analysis focused on Garmin’s aviation and wearables expansion, suggesting it could capture a significant part of the market share.
On the other hand, Upslope Capital Management took a bearish stance on Garmin Ltd in their quarterly investor letter for Q4 2024. The report described Q4 as the most challenging quarter for Upslope since early 2021, with longs underperforming and shorts dragging down performance. Despite a tough market environment, the report highlighted mistakes made that exacerbated the situation. It’s essential for investors to consider both bullish and bearish perspectives when evaluating the investment potential of companies like Garmin Ltd.
A look at Garmin Ltd. Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Garmin Ltd. has been assigned Smart Scores indicating a positive long-term outlook. With solid scores in Growth, Resilience, and Momentum, the company is positioned well for future success. The company’s focus on innovation and development of GPS-enabled products under its own brand name has contributed to its strong performance in these areas.
While Garmin Ltd. received average scores in Value and Dividend, the overall outlook remains favorable. Investors can be optimistic about the company’s ability to continue growing and adapting to market trends. With a track record of resilience and momentum, Garmin Ltd. is well-positioned to navigate future challenges and capitalize on opportunities in the navigation and information devices sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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