Most Active Volume Stock: Garmin Ltd. (NASDAQ:GRMN)

earning reaction history

Garmin Ltd. (NASDAQ:GRMN)

Morgan Stanley Maintains Garmin Ltd. (NASDAQ:GRMN)’s stock to Equal-Weight with the price target of $77. This rating was issued on 9/21/18. The stock recently closed its previous session at $62.97 by showing a percentage change of -2.52% from its previous day closing price of $64.6.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Garmin Ltd. (NASDAQ:GRMN) in which Baird Maintains Garmin Ltd. (NASDAQ:GRMN) to Neutral by settling a price target of $60 on 2/22/18. Morgan Stanley Maintains the stock to Equal-Weight on 2/15/18 by stationing a price target of $60. Morgan Stanley Maintains the company’s stock to Equal-Weight on 11/02/17 by setting a price target of $57. Longbow Research Upgrades Garmin Ltd. (NASDAQ:GRMN) to Buy with no specific Price Target.

Garmin Ltd. (NASDAQ:GRMN) currently has a consensus Price Target of $66.83. While some analysts have a High Price target for the stock of $77 and a Low Price Target of $60.

Several sell side analysts reviewed their recommendations on Garmin Ltd. (NASDAQ:GRMN) where 0 analyst have rated the stock as Strong Buy, 1 analysts said it’s a Buy, 5 rated the stock as Hold, 3 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 3.6. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Garmin Ltd. (NASDAQ:GRMN) reported its Actual EPS of $0.99/share. The analysts offering Earnings Estimates for the company were believing that Garmin Ltd. (NASDAQ:GRMN) could bring EPS of $0.87/share. The difference between Actual EPS and Estimated EPS was 0.12 Percent. Thus the company showed an Earnings Surprise of 13.8 Percent.

Garmin Ltd. (NASDAQ:GRMN) has a market capitalization of 11.89 Billion. The stock traded with the volume of 1.71 Million shares in the last trading session. The stock touched its high share price of $70.77 on 10/01/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 10/19/17 as $54.09. The company has a 1 Year high price target of $65.83. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -8.62%. The Moving Average SMA50 is -6.14% while SMA200 is 0.82%.

Garmin Ltd. (NASDAQ:GRMN) is currently showing its ROA (Return on Assets) of 12.3%. The Return on Investment (ROI) is at 17.7% while it’s Return on Equity (ROE) value stands at 15.9%. The stock currently shows its YTD (Year to Date) performance of 5.71 percent while its Weekly performance value is -8.92%. The Monthly and Yearly performances are -8.01 percent and 15.8 percent respectively. The Relative Volume value measured for Garmin Ltd. (NASDAQ:GRMN) is 1.52. The Average Volume (3 months) is 1.12 Million.

The stock currently has its Annual Dividend of $2.12 and an annual Dividend Yield of 3.37 Percent. GRMN has P/E (Price to Earnings ttm) value of 19.65, Forward P/E of 18.59, P/C (Price to cash per share) of 11.22 and Price to Free Cash Flow (P/FCF) value of 42.98. The stock is showing its Operating Margin of 21.9 percent.

Company Profile:

Garmin Ltd. is an American multinational technology company. Garmin has pioneered new GPS navigation and wireless devices and applications that are designed for people who live an active lifestyle. Garmin serves five primary business units, including automotive, aviation, fitness, marine, and outdoor recreation. Garmin Ltd. has acquired Alphamantis Technologies Inc., a privately held designer of aerodynamics testing and measurement technology for the cycling industry. Garmin International Inc. is a subsidiary of Garmin Ltd. Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin is a registered trademark of Garmin Ltd.