Garmin Ltd (NYSE:GRMN) currently has a daily average trading volume of 1.06M but it saw 780148 shares traded in last market. With a market cap of 38.88B USD, the company’s current market price of $201.93 came falling about -1.74 while comparing to the previous closing price of $205.51. In past 52 weeks, the stock remained buoying in the range of price level as high as $246.50 and as low as $158.38. In the recent trading on the day, stock has struck highest price mark of $201.71 while lowest mark touched by it was $205.01.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Morgan Stanley which downgraded the stock as “Underweight” in its note to investors issued on October 07, 2024, recommending a price target of between $155 and $138 for it. Barclays downgraded its recommendation for the stock as a “Underweight” from “Equal Weight” on September 13, 2024 while assigning a price target range of $181-$133. BofA Securities also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $165 and $150.
Over the week, GRMN’s stock price is moving -0.90% down while it is 0.65% when we observe its performance for the past one month. Year-to-date it is -2.10% down and over the past year, the stock is showing an upside performance of 24.09%.
Currently, Garmin Ltd’s total number of outstanding shares is 192.71M with 15.43% of that held by the insiders while 57.36% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 17.65% and return on equity (ROE) at 19.04%. It has a price to earnings ratio (P/E ratio) of 26.60 while having a 23.99 of forward P/E ratio. Stock’s beta reads 1.00. Stock has a price to book (P/B) ratio of 4.76 while price to sale or P/S ratio amounts to 6.03. Its return on asset (ROA) is 15.94% on average.
