We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Garmin (GRMN) Beats Stock Market Upswing: What Investors Need to Know
Read MoreHide Full Article
Garmin (GRMN - Free Report) closed the most recent trading day at $250.17, moving +1.06% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.58%. On the other hand, the Dow registered a gain of 0.31%, and the technology-centric Nasdaq increased by 0.89%.
The maker of personal navigation devices's stock has climbed by 4.7% in the past month, exceeding the Computer and Technology sector's loss of 0.5% and the S&P 500's gain of 0.16%.
The upcoming earnings release of Garmin will be of great interest to investors. The company's earnings report is expected on October 29, 2025. In that report, analysts expect Garmin to post earnings of $1.98 per share. This would mark a year-over-year decline of 0.5%. At the same time, our most recent consensus estimate is projecting a revenue of $1.79 billion, reflecting a 12.84% rise from the equivalent quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $8.09 per share and a revenue of $7.15 billion, representing changes of +9.47% and +13.62%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Garmin. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Garmin is holding a Zacks Rank of #2 (Buy) right now.
In terms of valuation, Garmin is currently trading at a Forward P/E ratio of 30.61. This signifies a premium in comparison to the average Forward P/E of 23.19 for its industry.
Investors should also note that GRMN has a PEG ratio of 2.74 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Electronics - Miscellaneous Products industry was having an average PEG ratio of 2.03.
The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 40, this industry ranks in the top 17% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in 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.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Garmin (GRMN) Beats Stock Market Upswing: What Investors Need to Know
Garmin (GRMN - Free Report) closed the most recent trading day at $250.17, moving +1.06% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.58%. On the other hand, the Dow registered a gain of 0.31%, and the technology-centric Nasdaq increased by 0.89%.
The maker of personal navigation devices's stock has climbed by 4.7% in the past month, exceeding the Computer and Technology sector's loss of 0.5% and the S&P 500's gain of 0.16%.
The upcoming earnings release of Garmin will be of great interest to investors. The company's earnings report is expected on October 29, 2025. In that report, analysts expect Garmin to post earnings of $1.98 per share. This would mark a year-over-year decline of 0.5%. At the same time, our most recent consensus estimate is projecting a revenue of $1.79 billion, reflecting a 12.84% rise from the equivalent quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $8.09 per share and a revenue of $7.15 billion, representing changes of +9.47% and +13.62%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Garmin. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Garmin is holding a Zacks Rank of #2 (Buy) right now.
In terms of valuation, Garmin is currently trading at a Forward P/E ratio of 30.61. This signifies a premium in comparison to the average Forward P/E of 23.19 for its industry.
Investors should also note that GRMN has a PEG ratio of 2.74 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Electronics - Miscellaneous Products industry was having an average PEG ratio of 2.03.
The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 40, this industry ranks in the top 17% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in 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.