Garmin (GRMN) Rises Higher Than Market: Key Facts

Garmin (GRMN) closed the most recent trading day at $259.77, moving +1.35% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.58%. Heading into today, shares of the maker of personal navigation devices had gained 7.47% over the past month, outpacing the Computer and Technology sector's gain of 6.37% and the S&P 500's gain of 3.68%.Investors will be eagerly watching for the performance of Garmin in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 29, 2025. The company is forecasted to report an EPS of $1.98, showcasing a 0.5% downward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $1.79 billion, indicating a 12.84% growth compared to the corresponding quarter of the prior year. For the annual period, the Zacks Consensus Estimates anticipate earnings of $8.09 per share and a revenue of $7.07 billion, signifying shifts of +9.47% and +12.25%, respectively, from the last year. It is also important to note the recent changes to analyst estimates for Garmin. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.31% higher. Right now, Garmin possesses a Zacks Rank of #2 (Buy). Digging into valuation, Garmin currently has a Forward P/E ratio of 31.7. This valuation marks a premium compared to its industry average Forward P/E of 21.19. Investors should also note that GRMN has a PEG ratio of 2.84 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Electronics - Miscellaneous Products industry had an average PEG ratio of 1.89. The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 46, putting it in the top 19% of all 250+ industries. 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. Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. Beyond Nvidia: AI's Second Wave Is HereThe AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.See "2nd Wave" AI stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Garmin Ltd. (GRMN): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks