We rank companies based on fund manager, research analyst and news sentiment
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Garmin
GRMN

$140.72
0.25%
 

About: Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.

Employees: 19,900

0
Funds holding %
of 6,474 funds
0
Analysts bullish %
of 8 analysts
0
News positive %
of 12 articles

Fund manager confidence

Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)

94% more first-time investments, than exits

New positions opened: 126 | Existing positions closed: 65

22% more capital invested

Capital invested by funds: $10.8B [Q3] → $13.2B (+$2.4B) [Q4]

20% more funds holding in top 10

Funds holding in top 10: 5 [Q3] → 6 (+1) [Q4]

9% more funds holding

Funds holding: 643 [Q3] → 704 (+61) [Q4]

0.17% more ownership

Funds ownership: 53.42% [Q3] → 53.59% (+0.17%) [Q4]

16% less repeat investments, than reductions

Existing positions increased: 220 | Existing positions reduced: 263

29% less call options, than puts

Call options by funds: $66.4M | Put options by funds: $93.3M

Research analyst outlook

8 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$100
29%
downside
Avg. target
$141
0%
upside
High target
$175
24%
upside

8 analyst ratings

positive
25%
neutral
75%
negative
0%
JP Morgan
Joseph Cardoso
10%upside
$155
Neutral
Maintained
11 Apr 2024
B of A Securities
Ronald Epstein
17%upside
$165
Neutral
Maintained
3 Apr 2024
Tigress Financial
Ivan Feinseth
24%upside
$175
Strong Buy
Reiterated
27 Feb 2024
Barrington Research
Tim Long
1%downside
$140
Equal-Weight
Maintained
22 Feb 2024
JP Morgan
Samik Chatterjee
4%downside
$135
Neutral
Downgraded
8 Jan 2024

Financial journalist opinion

Based on 12 articles about GRMN published over the past 30 days