(GRMN) Garmin - Ratings and Ratios

Exchange: NYSE • Country: Switzerland • Currency: USD • Type: Common Stock • ISIN: CH0114405324

GRMN: Fitness, Smartwatches, Outdoor, Aviation, Marine, Automotive

Garmin Ltd. (NYSE:GRMN) is a global leader in the design, development, manufacturing, marketing, and distribution of wireless devices and navigation solutions. The company offers a diverse portfolio of products, including wearable devices such as running and multi-sport watches, cycling products, and smartwatches. Its wellness-focused offerings include scales, monitors, and the Garmin Connect platform, a web and mobile-based ecosystem that enables users to track, analyze, and manage fitness, activity, and wellness data. The platform is further enhanced by Connect IQ, which allows third-party developers to create custom applications for Garmin devices.

The company also specializes in outdoor and adventure products, such as handheld GPS devices, satellite communicators, and rugged watches designed for extreme environments. Its golf and aviation segments provide advanced tools like rangefinders and integrated flight decks, respectively, while its marine division offers chartplotters, fishfinders, and autopilot systems for boating enthusiasts. Additionally, Garmin manufactures consumer automotive solutions, including GPS navigation systems and infotainment units, as well as pet devices like GPS trackers for dogs.

In the aviation sector, Garmin delivers a comprehensive suite of avionics solutions, including electronic flight instruments, navigation systems, and safety technologies like traffic awareness and weather avoidance systems. Its marine products extend to sailing electronics, radar systems, and trolling motors, while the automotive division includes dash cams, digital switches, and wearable devices tailored for drivers. Garmin distributes its products through a global network of retailers, distributors, and OEM partners, ensuring widespread availability across multiple markets.

Founded in 1989 and headquartered in Schaffhausen, Switzerland, Garmin has established itself as a pioneer in GPS technology and wearable electronics. Its commitment to innovation and quality has solidified its position as a leading brand in both consumer and professional markets.

Ticker Symbol: GRMN Exchange: NYSE Type: common stock Country Origin: Switzerland GICS Sub Industry: Consumer Electronics Average Volume 20d: 906746 Last Price: 190.61 SMA 20: 199.75 SMA 50: 210.56 SMA 200: 193.38 ATR: 8.62 Market Cap: 36514.43M USD P/E: 25.96 P/E Forward: 24.04 P/B: 4.65 P/S: 5.80 RoE: 17.98 3-Month Forecast: Based on and , Garmin Ltd. (GRMN) is expected to trade within a range of $182 to $208 over the next three months. The stock is currently consolidating below its 20-day and 50-day moving averages, with potential resistance at $199.75 and $210.56. Support is likely to hold at the 200-day moving average of $193.38. The Average True Range (ATR) of 8.62 suggests moderate volatility, with potential price swings of $8-$9 per month. From a perspective, Garmins strong return on equity (RoE) of 17.98% and a forward P/E of 24.04 indicate a positive outlook, with the stock potentially testing the upper end of its range if market sentiment improves.

Additional Sources for GRMN Stock

GRMN Stock Overview

Market Cap in USD 36,926m
Sector Technology
Industry Scientific & Technical Instruments
GiC Sub-Industry Consumer Electronics
IPO / Inception 2000-12-12

GRMN Stock Ratings

Growth Rating 67.8
Fundamental 70.4
Dividend Rating 74.9
Rel. Strength 2.87
Analysts 3.1/5
Fair Price Momentum 182.45 USD
Fair Price DCF 99.01 USD

GRMN Dividends

Dividend Yield 12m 3.50%
Yield on Cost 5y 9.15%
Annual Growth 5y 4.42%
Payout Consistency 98.9%

GRMN Growth Ratios

Growth Correlation 3m -73.7%
Growth Correlation 12m 76.8%
Growth Correlation 5y 54.2%
CAGR 5y 21.41%
CAGR/Max DD 5y 0.39
Sharpe Ratio 12m 1.08
Alpha 4.04
Beta 0.866
Volatility 51.36%
Current Volume 945.2k
Average Volume 20d 818.9k
What is the price of GRMN stocks?
As of May 09, 2025, the stock is trading at USD 190.41 with a total of 945,158 shares traded.
Over the past week, the price has changed by +1.94%, over one month by +9.66%, over three months by -11.42% and over the past year by +13.83%.
Is Garmin a good stock to buy?
Yes, based on ValueRay Fundamental Analyses, Garmin (NYSE:GRMN) is currently (May 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 70.44 and therefor a positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of GRMN as of May 2025 is 182.45. This means that GRMN is currently overvalued and has a potential downside of -4.18%.
Is GRMN a buy, sell or hold?
Garmin has received a consensus analysts rating of 3.10. Therefor, it is recommend to hold GRMN.
  • Strong Buy: 2
  • Buy: 1
  • Hold: 4
  • Sell: 2
  • Strong Sell: 1
What are the forecast for GRMN stock price target?
According to ValueRays Forecast Model, GRMN Garmin will be worth about 205.6 in May 2026. The stock is currently trading at 190.41. This means that the stock has a potential upside of +7.97%.
Issuer Forecast Upside
Wallstreet Target Price 198.5 4.2%
Analysts Target Price 198.5 4.2%
ValueRay Target Price 205.6 8%