Witnessing the stock’s movement on the chart, on Thursday, Garmin Ltd (NYSE: GRMN) had a quiet start as it plunged -0.76% to $211.37, before settling in for the price of $212.98 at the close. Taking a more long-term approach, GRMN posted a 52-week range of $117.30-$214.83.
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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 9.56%. Meanwhile, its Annual Earning per share during the time was 12.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 21.51%. This publicly-traded company’s shares outstanding now amounts to $191.78 million, simultaneously with a float of $154.74 million. The organization now has a market capitalization sitting at $40.59 billion. At the time of writing, stock’s 50-day Moving Average stood at $179.40, while the 200-day Moving Average is $161.99.
Garmin Ltd (GRMN) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Scientific & Technical Instruments industry. Garmin Ltd’s current insider ownership accounts for 19.41%, in contrast to 57.22% institutional ownership. According to the most recent insider trade that took place on Nov 07 ’24, this organization’s Managing Director, EMEA sold 587 shares at the rate of 210.10, making the entire transaction reach 123,328 in total value, affecting insider ownership by 6,147.
Garmin Ltd (GRMN) Earnings and Revenue Records
Garmin Ltd’s EPS increase for this current 12-month fiscal period is 21.51% and is forecasted to reach 7.33 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 9.78% through the next 5 years, which can be compared against the 12.90% growth it accomplished over the previous five years trading on the market.
Garmin Ltd (NYSE: GRMN) Trading Performance Indicators
Let’s observe the current performance indicators for Garmin Ltd (GRMN). It’s Quick Ratio in the last reported quarter now stands at 2.33. The Stock has managed to achieve an average true range (ATR) of 4.63. Alongside those numbers, its PE Ratio stands at $26.85, and its Beta score is 0.99. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 6.81. Similarly, its price to free cash flow for trailing twelve months is now 32.29.
In the same vein, GRMN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 7.87, a figure that is expected to reach 1.88 in the next quarter, and analysts are predicting that it will be 7.33 at the market close of one year from today.
Technical Analysis of Garmin Ltd (GRMN)
Going through the that latest performance of [Garmin Ltd, GRMN]. Its last 5-days volume of 0.99 million indicated improvement to the volume of 0.86 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 87.16% While, its Average True Range was 4.63.
Raw Stochastic average of Garmin Ltd (GRMN) in the period of the previous 100 days is set at 92.62%, which indicates a major rise in contrast to 92.03% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 85.87% that was higher than 40.35% volatility it exhibited in the past 100-days period.
