Garmin Ltd
General ticker "GRMN" information:
- Sector: Consumer Discretionary
- Industry: Household Durables
- Capitalization: $41.1B
Garmin Ltd follows the US Stock Market performance with the rate: 58.9%.
Estimated limits based on current volatility of 1.3%: low 204.00$, high 209.53$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-12-13, amount 0.75$ (Y1.43%)
- North and South America accounted for 50.0% of revenue in the fiscal year ended 2022-12-31
- Current price 25.7% above estimated high
- Earnings for 9 months up through Q3 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-30 to 2025-12-29
- 2023-12-30 to 2024-12-29 estimated range: [113.76$, 166.55$]
- 2024-12-29 to 2025-12-29 estimated range: [137.64$, 194.38$]
Financial Metrics affecting the GRMN estimates:
- Positive: Non-GAAP EPS, $ of 5.60 > 2.29
- Positive: Industry operating cash flow per share per price (median), % of 10.73 > 10.07
- Positive: Return on assets ratio (scaled to [-100,100]) of 13.04 > 7.10
- Positive: Operating profit margin, % of 20.89 > 19.51
Short-term GRMN quotes
Long-term GRMN plot with estimates
Financial data
| YTD | 2021-12-25 | 2022-12-31 | 2023-12-30 |
|---|---|---|---|
| Operating Revenue | $4,982.80MM | $4,860.29MM | $5,228.25MM |
| Operating Expenses | $3,764.18MM | $3,832.44MM | $4,136.09MM |
| Operating Income | $1,218.62MM | $1,027.85MM | $1,092.16MM |
| Non-Operating Income | $-11.82MM | $37.13MM | $108.20MM |
| Interest Expense | $0.00MM | $40.83MM | $0.00MM |
| R&D Expense | $840.02MM | $834.93MM | $904.70MM |
| Income(Loss) | $1,206.80MM | $1,064.97MM | $1,200.36MM |
| Taxes | $124.60MM | $91.39MM | $-89.28MM |
| Profit(Loss) | $1,082.20MM | $973.59MM | $1,289.64MM |
| Stockholders Equity | $6,114.16MM | $6,204.34MM | $7,012.06MM |
| Inventory | $1,227.61MM | $1,515.05MM | $1,345.95MM |
| Assets | $7,854.43MM | $7,731.17MM | $8,603.57MM |
| Operating Cash Flow | $1,012.43MM | $788.26MM | $1,376.27MM |
| Capital expenditure | $309.59MM | $246.19MM | $195.03MM |
| Investing Cash Flow | $-475.37MM | $-145.12MM | $-332.97MM |
| Financing Cash Flow | $-486.71MM | $-840.62MM | $-636.51MM |
| Earnings Per Share* | $5.63 | $5.06 | $6.74 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.