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Garmin (GRMN) Outpaces Stock Market Gains: What You Should Know
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Garmin (GRMN - Free Report) closed at $257.74 in the latest trading session, marking a +1% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.06%. Meanwhile, the Dow gained 0.17%, and the Nasdaq, a tech-heavy index, added 0.39%.
Shares of the maker of personal navigation devices have appreciated by 7.71% over the course of the past month, underperforming the Computer and Technology sector's gain of 8.78%, and outperforming the S&P 500's gain of 3.94%.
The investment community will be paying close attention to the earnings performance of Garmin in its upcoming release. The company is slated to reveal its earnings on October 29, 2025. The company's upcoming EPS is projected at $1.98, signifying a 0.50% drop compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.79 billion, showing a 12.84% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $8.09 per share and a revenue of $7.07 billion, representing changes of +9.47% and +12.25%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Garmin. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.31% higher. Garmin is currently a Zacks Rank #3 (Hold).
In terms of valuation, Garmin is currently trading at a Forward P/E ratio of 31.56. This valuation marks a premium compared to its industry average Forward P/E of 20.13.
We can also see that GRMN currently has a PEG ratio of 2.83. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. GRMN's industry had an average PEG ratio of 1.88 as of yesterday's close.
The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 48, finds itself in the top 20% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Garmin (GRMN) Outpaces Stock Market Gains: What You Should Know
Garmin (GRMN - Free Report) closed at $257.74 in the latest trading session, marking a +1% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.06%. Meanwhile, the Dow gained 0.17%, and the Nasdaq, a tech-heavy index, added 0.39%.
Shares of the maker of personal navigation devices have appreciated by 7.71% over the course of the past month, underperforming the Computer and Technology sector's gain of 8.78%, and outperforming the S&P 500's gain of 3.94%.
The investment community will be paying close attention to the earnings performance of Garmin in its upcoming release. The company is slated to reveal its earnings on October 29, 2025. The company's upcoming EPS is projected at $1.98, signifying a 0.50% drop compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.79 billion, showing a 12.84% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $8.09 per share and a revenue of $7.07 billion, representing changes of +9.47% and +12.25%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Garmin. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.31% higher. Garmin is currently a Zacks Rank #3 (Hold).
In terms of valuation, Garmin is currently trading at a Forward P/E ratio of 31.56. This valuation marks a premium compared to its industry average Forward P/E of 20.13.
We can also see that GRMN currently has a PEG ratio of 2.83. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. GRMN's industry had an average PEG ratio of 1.88 as of yesterday's close.
The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 48, finds itself in the top 20% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.