On Tuesday, Garmin Ltd (NYSE: GRMN) was -0.91% drop from the session before settling in for the closing price of $209.27. A 52-week range for GRMN has been $118.79 – $215.55.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 9.56%. When this article was written, the company’s average yearly earnings per share was at 23.57%. With a float of $154.74 million, this company’s outstanding shares have now reached $191.78 million.
The extent of productivity of a business whose workforce counts for 19900 workers is very important to gauge. In terms of profitability, gross margin is 58.43%, operating margin of 23.81%, and the pretax margin is 26.23%.
Garmin Ltd (GRMN) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Garmin Ltd stocks. The insider ownership of Garmin Ltd is 19.42%, while institutional ownership is 57.18%. The most recent insider transaction that took place on Nov 07 ’24, was worth 123,328. In this transaction Managing Director, EMEA of this company sold 587 shares at a rate of $210.10, taking the stock ownership to the 6,147 shares. Before that another transaction happened on Nov 07 ’24, when Company’s Officer proposed sale 587 for $210.10, making the entire transaction worth $123,328.
Garmin Ltd (GRMN) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 23.57% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.78% during the next five years compared to 12.90% growth over the previous five years of trading.
Garmin Ltd (NYSE: GRMN) Trading Performance Indicators
You can see what Garmin Ltd (GRMN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.68. Likewise, its price to free cash flow for the trailing twelve months is 31.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.87, a number that is poised to hit 1.91 in the next quarter and is forecasted to reach 7.42 in one year’s time.
Technical Analysis of Garmin Ltd (GRMN)
The latest stats from [Garmin Ltd, GRMN] show that its last 5-days average volume of 0.84 million was inferior to 0.86 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 33.24%. Additionally, its Average True Range was 4.31.
During the past 100 days, Garmin Ltd’s (GRMN) raw stochastic average was set at 85.56%, which indicates a significant increase from 57.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.29% in the past 14 days, which was lower than the 40.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $181.03, while its 200-day Moving Average is $163.31. Now, the first resistance to watch is $208.91. This is followed by the second major resistance level at $210.45. The third major resistance level sits at $211.60. If the price goes on to break the first support level at $206.22, it is likely to go to the next support level at $205.07. The third support level lies at $203.53 if the price breaches the second support level.
Garmin Ltd (NYSE: GRMN) Key Stats
There are 192,025K outstanding shares of the company, which has a market capitalization of 39.82 billion. As of now, sales total 5,228 M while income totals 1,290 M. Its latest quarter income was 1,586 M while its last quarter net income were 399,110 K.
