Garmin Ltd. (GRMN) EPS Estimated At $0.87

July 27, 2018 - By Jack Shaw

Garmin Ltd. (NASDAQ:GRMN) LogoInvestors sentiment decreased to 0.79 in 2018 Q1. Its down 0.29, from 1.08 in 2017Q4. It dropped, as 28 investors sold Garmin Ltd. shares while 142 reduced holdings. 48 funds opened positions while 86 raised stakes. 71.26 million shares or 1.45% less from 72.31 million shares in 2017Q4 were reported.
Paloma Prns Mngmt holds 31,184 shares. Quantitative Management Lc has invested 0.12% of its portfolio in Garmin Ltd. (NASDAQ:GRMN). Federated Investors Pa owns 2,197 shares or 0% of their US portfolio. Hussman Strategic Advsrs owns 51,050 shares. Gateway Inv Advisers Lc reported 19,055 shares. Thrivent Finance For Lutherans holds 0% or 4,631 shares in its portfolio. Us Bancorporation De stated it has 0% of its portfolio in Garmin Ltd. (NASDAQ:GRMN). Nomura Asset Mgmt Communications Ltd, Japan-based fund reported 17,818 shares. Voloridge Mngmt Ltd Liability holds 10,009 shares or 0.01% of its portfolio. Fifth Third Commercial Bank reported 44 shares. Stratos Wealth Prns Limited holds 2,236 shares. Tiaa Cref Invest Mngmt Limited Liability, New York-based fund reported 304,312 shares. Daiwa Secs Group has invested 0% in Garmin Ltd. (NASDAQ:GRMN). Retirement Sys Of Alabama reported 0.02% of its portfolio in Garmin Ltd. (NASDAQ:GRMN). Atlantic Tru Group Limited Com holds 15 shares or 0% of its portfolio.

Since February 15, 2018, it had 0 insider purchases, and 29 insider sales for $258.20 million activity. Huang Pao-Chang also sold $143,023 worth of Garmin Ltd. (NASDAQ:GRMN) on Tuesday, May 29. 36,208 shares were sold by PEMBLE CLIFTON A, worth $2.35M on Thursday, February 15. ETKIND ANDREW R had sold 1,929 shares worth $116,917. On Thursday, May 17 Bartel Danny J sold $92,397 worth of Garmin Ltd. (NASDAQ:GRMN) or 1,548 shares. Shares for $232,944 were sold by ELLER DONALD on Wednesday, May 9. On Thursday, July 19 Desbois Patrick sold $252,460 worth of Garmin Ltd. (NASDAQ:GRMN) or 3,884 shares.

Analysts expect Garmin Ltd. (NASDAQ:GRMN) to report $0.87 EPS on August, 1 before the open.They anticipate $0.01 EPS change or 1.14 % from last quarter’s $0.88 EPS. GRMN’s profit would be $164.02 million giving it 18.28 P/E if the $0.87 EPS is correct. After having $0.68 EPS previously, Garmin Ltd.’s analysts see 27.94 % EPS growth. The stock increased 0.32% or $0.2 during the last trading session, reaching $63.61. About 746,942 shares traded. Garmin Ltd. (NASDAQ:GRMN) has risen 16.28% since July 27, 2017 and is uptrending. It has outperformed by 3.71% the S&P500.

Garmin Ltd. (NASDAQ:GRMN) Ratings Coverage

Among 3 analysts covering Garmin (NASDAQ:GRMN), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Garmin has $60 highest and $5300 lowest target. $56.50’s average target is -11.18% below currents $63.61 stock price. Garmin had 3 analyst reports since February 22, 2018 according to SRatingsIntel. Tigress Financial maintained the stock with “Buy” rating in Monday, March 12 report. As per Monday, May 7, the company rating was downgraded by Credit Suisse. Robert W. Baird maintained the stock with “Neutral” rating in Thursday, February 22 report.

Garmin Ltd., together with its subsidiaries, designs, develops, makes, markets, and distributes a range of navigation, communication, and information devices worldwide. The company has market cap of $11.99 billion. It operates through five divisions: Auto, Aviation, Marine, Outdoor, and Fitness. It has a 20.53 P/E ratio. The Auto segment offers personal navigation devices; infotainment solutions; and action cameras, as well as mobile applications under the Garmin and NAVIGON names.

More important recent Garmin Ltd. (NASDAQ:GRMN) news were published by: Investorplace.com which released: “5 Big Tech Stocks to Buy Instead of Facebook” on July 26, 2018, also Fool.com published article titled: “Fitbit or Garmin: Which Is the Better Wearables Play?”, Fool.com published: “What Are the Risks of Investing in Growth Stocks?” on July 20, 2018. More interesting news about Garmin Ltd. (NASDAQ:GRMN) was released by: Benzinga.com and their article: “Jason Picks The Best Deals For July 9: Urbanears Wireless Headset, Samsung Fit2 Pro Smart Band And More” with publication date: July 09, 2018.

Garmin Ltd. (NASDAQ:GRMN) Ratings Chart

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