Analysts See $0.75 EPS for Garmin Ltd. (GRMN)

October 11, 2018 - By Peter Erickson

Garmin Ltd. (NASDAQ:GRMN) LogoInvestors sentiment increased to 1.31 in Q2 2018. Its up 0.52, from 0.79 in 2018Q1. It improved, as 18 investors sold Garmin Ltd. shares while 108 reduced holdings. 47 funds opened positions while 118 raised stakes. 75.52 million shares or 5.99% more from 71.26 million shares in 2018Q1 were reported.
Regions Finance invested in 0% or 20 shares. Liberty Mutual Group Asset Mngmt Incorporated owns 0.01% invested in Garmin Ltd. (NASDAQ:GRMN) for 4,446 shares. Freestone Cap Lc reported 0.03% in Garmin Ltd. (NASDAQ:GRMN). Citadel Advsrs Limited Co holds 0.03% of its portfolio in Garmin Ltd. (NASDAQ:GRMN) for 934,014 shares. Maverick Cap holds 0.08% of its portfolio in Garmin Ltd. (NASDAQ:GRMN) for 108,920 shares. Sg Americas Secs Ltd Liability Corp invested 0.16% in Garmin Ltd. (NASDAQ:GRMN). Parkside Bank & invested 0% of its portfolio in Garmin Ltd. (NASDAQ:GRMN). Signaturefd Ltd Company holds 0.01% of its portfolio in Garmin Ltd. (NASDAQ:GRMN) for 1,004 shares. 190,205 were accumulated by Barclays Pcl. Tiaa Cref Invest Limited Liability Company reported 278,617 shares. Vident Invest Advisory Ltd owns 58,169 shares. Cetera Advisors Limited Com owns 6,001 shares or 0.02% of their US portfolio. Howe & Rusling Inc holds 0% of its portfolio in Garmin Ltd. (NASDAQ:GRMN) for 333 shares. Moreover, Hussman Strategic Advsrs has 0.84% invested in Garmin Ltd. (NASDAQ:GRMN) for 51,050 shares. The United Kingdom-based Hsbc Public Limited Liability Company has invested 0.02% in Garmin Ltd. (NASDAQ:GRMN).

Since April 17, 2018, it had 0 insider buys, and 32 selling transactions for $388.21 million activity. Desbois Patrick had sold 3,884 shares worth $252,460 on Thursday, July 19. 1,548 Garmin Ltd. (NASDAQ:GRMN) shares with value of $92,397 were sold by Bartel Danny J. ELLER DONALD had sold 3,924 shares worth $232,944 on Wednesday, May 9. Huang Pao-Chang sold $143,023 worth of stock. 15,637 shares were sold by PEMBLE CLIFTON A, worth $1.09M.

Analysts expect Garmin Ltd. (NASDAQ:GRMN) to report $0.75 EPS on November, 7.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $0.75 EPS. GRMN’s profit would be $141.60M giving it 21.48 P/E if the $0.75 EPS is correct. After having $0.99 EPS previously, Garmin Ltd.’s analysts see -24.24 % EPS growth. The stock decreased 0.25% or $0.16 during the last trading session, reaching $64.44. About 327,827 shares traded. Garmin Ltd. (NASDAQ:GRMN) has risen 31.61% since October 11, 2017 and is uptrending. It has outperformed by 15.99% the S&P500.

Garmin Ltd. (NASDAQ:GRMN) Ratings Coverage

Among 2 analysts covering Garmin Ltd (NASDAQ:GRMN), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Garmin Ltd had 2 analyst reports since May 7, 2018 according to SRatingsIntel. The stock of Garmin Ltd. (NASDAQ:GRMN) earned “Sell” rating by Credit Suisse on Monday, May 7. As per Friday, September 21, the company rating was maintained by Morgan Stanley.

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 $12.17 billion. It operates through five divisions: Auto, Aviation, Marine, Outdoor, and Fitness. It has a 20.33 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: Seekingalpha.com which released: “Earnings picks from Morgan Stanley” on October 09, 2018, also Streetinsider.com published article titled: “Garmin (GRMN) announces integration with Spotify (SPOT)”, Schaeffersresearch.com published: “Garmin Unit Exposes Boat Owners; Stock Jumps on Trump Rumors” on October 08, 2018. More interesting news about Garmin Ltd. (NASDAQ:GRMN) was released by: Seekingalpha.com and their article: “Morgan Stanley boosts Garmin’s target on Aviation potential” with publication date: September 21, 2018.

Garmin Ltd. (NASDAQ:GRMN) Ratings Chart

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