Garmin Ltd. (GRMN) Analysts See $0.75 EPS

October 14, 2018 - By Michael Collier

Garmin Ltd. (NASDAQ:GRMN) LogoInvestors sentiment increased to 1.31 in Q2 2018. Its up 0.52, from 0.79 in 2018Q1. It is positive, 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.
Clinton Group Inc Inc has invested 0% in Garmin Ltd. (NASDAQ:GRMN). Pinebridge Investments Ltd Partnership reported 0.01% stake. Yorktown Management & Research Inc reported 5,600 shares. Moreover, Sg Americas Secs Limited Liability Company has 0.16% invested in Garmin Ltd. (NASDAQ:GRMN). Northwestern Mutual Wealth Mgmt Com stated it has 0% in Garmin Ltd. (NASDAQ:GRMN). 26,004 were accumulated by Jefferies Gp Ltd Liability Co. California-based Inv House Ltd Llc has invested 0.13% in Garmin Ltd. (NASDAQ:GRMN). Moreover, Todd Asset Limited Co has 0.05% invested in Garmin Ltd. (NASDAQ:GRMN). Neuberger Berman Group Ltd Liability Corporation has 51,125 shares. Cipher Cap Lp owns 15,021 shares. Goldman Sachs Grp Inc owns 1.09M shares. 12,852 were accumulated by Us State Bank De. Amundi Pioneer Asset holds 98,252 shares or 0.01% of its portfolio. Moreover, Paradigm Mgmt Inc New York has 0.19% invested in Garmin Ltd. (NASDAQ:GRMN). Millennium Mgmt Ltd has invested 0% in Garmin Ltd. (NASDAQ:GRMN).

Since April 17, 2018, it had 0 insider buys, and 31 sales for $381.52 million activity. Bartel Danny J had sold 1,548 shares worth $92,397. $252,460 worth of Garmin Ltd. (NASDAQ:GRMN) was sold by Desbois Patrick on Thursday, July 19. The insider ELLER DONALD sold 3,924 shares worth $232,944. 2,375 shares valued at $143,023 were sold by Huang Pao-Chang on Tuesday, May 29. PEMBLE CLIFTON A had sold 15,637 shares worth $1.09 million on Thursday, September 20.

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 20.86 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 0.60% or $0.38 during the last trading session, reaching $62.59. About 1.55M shares traded or 36.24% up from the average. Garmin Ltd. (NASDAQ:GRMN) has risen 31.61% since October 14, 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 has “Equal-Weight” rating by Morgan Stanley on Friday, September 21. The rating was downgraded by Credit Suisse to “Sell” on Monday, May 7.

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 $11.82 billion. It operates through five divisions: Auto, Aviation, Marine, Outdoor, and Fitness. It has a 19.74 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 notable recent Garmin Ltd. (NASDAQ:GRMN) news were published by: Schaeffersresearch.com which released: “Garmin Unit Exposes Boat Owners; Stock Jumps on Trump Rumors” on October 08, 2018, also Streetinsider.com with their article: “Garmin (GRMN) announces integration with Spotify (SPOT)” published on October 03, 2018, Seekingalpha.com published: “Earnings picks from Morgan Stanley” on October 09, 2018. More interesting news about Garmin Ltd. (NASDAQ:GRMN) were released by: Nasdaq.com and their article: “16 Stocks to Buy Before They Turn It Around” published on October 12, 2018 as well as Bizjournals.com‘s news article titled: “Fort Worth-based Bell partners with navigation giant to help make air taxi for Uber” with publication date: October 02, 2018.

Garmin Ltd. (NASDAQ:GRMN) Ratings Chart

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