Garmin Ltd (GRMN) July 20, 2021 Stock Price, Analysis & Forecast
Garmin Ltd (NASDAQ: GRMN) opened the trading session on July 20, 2021, at $148.1, illustrating a change of 1.4767% VS the previous close at $147.63. During the trading session, the stock price rose to $150.17 and declined to $146.91. Finally, the stock arranged at $149.81. Though, bearing in mind a long-term vision, Garmin Ltd reported a 52 Week Range within the limits of $90.51-$150.16.
Garmin Ltd's shares outstanding currently rate $192.15M, concurrently with a float of $142.67M. GRMN operates in the MANUFACTURING sector of the SEARCH, DETECTION, NAVAGATION, GUIDANCE, AERONAUTICAL SYS industry and has a market capitalization of $28.79B (as of July 20, 2021). It's worth mentioning that Garmin Ltd's 50-day Moving Average arranged at $144.71, while such value as 200-day Moving Average is at the present time $133.93.
To rate the company's efficiency, let's take a look at Garmin Ltd's conglomerate performance. At the moment, GRMN has full-time employees. Garmin Ltd has generated $inf per worker During the last fiscal year. In the meantime, GRMN's income per employee was $inf. And now, let's take a look at the company's income report. Garmin Ltd's Net Income for the last fiscal year was $992.32M, while such value as Income Before Taxes was at the level of $1.10B. GRMN's Operating Income was at the mark of $1.05B.
Garmin Ltd (GRMN) Earnings & Revenue
Talking about the Profitability, GRMN reached a Profit Margin of 23.9% and an Operating Margin (TTM) of 25.6%. However, when we touch the questions of management effectiveness, Garmin Ltd generated a Return on Equity (TTM) of 19.7% and a Return on Assets (TTM) of 10.8%. A bit more income statements might bring clarity to our overview. According to the results of the latest quarter ended March 31, 2021, Garmin Ltd generated Revenue (TTM) of $4.40B, reporting a Quarterly Revenue Growth of 25.3%. As for the Revenue Per Share (TTM), this indicator was at the mark of $23.01. The company's Gross Profit (TTM) was $2.48B, while according to the EBITDA report, it was estimated at $1.26B.
Garmin Ltd (NASDAQ: GRMN) Owners & Shares
Finally, let's take a look at the share statistics. As mentioned above, GRMN's shares outstanding now amounts to $192.15M, where Shares Short was $2.22M versus the prior month amounted to $1.91M. (Short % of Float was 1.56%). And now, let's overview which kind of investors works with Garmin Ltd's stocks. GRMN's current ownership accounts for 54.39% institutional investors, while 21.0% of shares belong to the insiders. Also worth mentioning some indicators affecting dividends & splits. Thus, GRMN's Forward Annual Dividend Rate is currently at the mark of 2.68, whereas the Dividend Yield is 1.79%, and a Dividend Payout Ratio is 46.3% (Dividend Date: March 31, 2022). The company's Dividend Per Share value thereby is $2.68.
GRMN Trading Performance
It's time to observe the current performance indicators for Garmin Ltd. GRMN's price/earnings to growth ratio during the last reported quarter was 3.33%. The company's PE Ratio stands at 27.4%, while GRMN's Beta score is 1.054. Also worth noting that Garmin Ltd's Diluted EPS (Earnings per Share) trailing twelve months is at the mark of 5.47. Other valuable indicators are Price To Sales Ratio (TTM), which is currently recorded at 6.52, as well as Price To Book Ratio, which amounts to 5.02.
Garmin Ltd Analysis & Estimates
Within the previous 9-day period, Garmin Ltd's Average True Range (ATR) was 2.0016, while the stock's Stochastic SlowD moving average was 64.4907%, and the SlowK moving average volumed at 64.4907%.