Garmin (NASDAQ:GRMN) will be releasing its earnings data before the market opens on Wednesday, February 21st. Analysts expect Garmin to post earnings of $0.76 per share for the quarter.
Shares of Garmin (NASDAQ GRMN) opened at $65.21 on Monday. The stock has a market capitalization of $12,226.88, a price-to-earnings ratio of 17.77, a price-to-earnings-growth ratio of 2.64 and a beta of 0.94. Garmin has a twelve month low of $48.50 and a twelve month high of $65.51.
Several brokerages have issued reports on GRMN. BidaskClub upgraded Garmin from a “hold” rating to a “buy” rating in a report on Thursday, February 8th. Morgan Stanley upped their target price on Garmin from $52.00 to $57.00 and gave the company an “equal weight” rating in a report on Thursday, November 2nd. Zacks Investment Research upgraded Garmin from a “hold” rating to a “buy” rating and set a $67.00 target price for the company in a report on Thursday, November 2nd. KeyCorp restated a “hold” rating on shares of Garmin in a report on Wednesday, November 1st. Finally, Credit Suisse Group restated an “underperform” rating and issued a $58.00 target price (up from $48.00) on shares of Garmin in a report on Tuesday, December 12th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $56.71.
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Garmin Company Profile
Garmin Ltd. (Garmin) and subsidiaries offer global positioning system (GPS) navigation and wireless devices and applications. The Company operates through five segments. It offers a range of auto navigation products, as well as a range of products and applications designed for the mobile GPS market. It offers products to consumers around the world, including Outdoor Handhelds, Wearable Devices, Golf Devices, and Dog Tracking and Training/Pet Obedience Devices.
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