Analysts See $0.56 EPS for Garmin Ltd. (GRMN)

April 26, 2018 - By Winifred Garcia

Garmin Ltd. (NASDAQ:GRMN) LogoInvestors sentiment decreased to 1.08 in Q4 2017. Its down 0.29, from 1.37 in 2017Q3. It dived, as 31 investors sold Garmin Ltd. shares while 121 reduced holdings. 58 funds opened positions while 106 raised stakes. 72.31 million shares or 2.58% less from 74.22 million shares in 2017Q3 were reported.
American National Registered Advisor has invested 0.14% in Garmin Ltd. (NASDAQ:GRMN). Proshare Advsrs Limited Liability Corporation holds 52,588 shares. Da Davidson And Communication accumulated 4,419 shares. Northern Tru has invested 0.03% of its portfolio in Garmin Ltd. (NASDAQ:GRMN). Cambridge Advsr reported 3,866 shares. Farmers Merchants Invests has invested 0% in Garmin Ltd. (NASDAQ:GRMN). James Invest reported 28,500 shares or 0.06% of all its holdings. Illinois-based First Midwest Financial Bank Tru Division has invested 0.11% in Garmin Ltd. (NASDAQ:GRMN). Hightower Advsrs Ltd Limited Liability Company owns 15,919 shares for 0.01% of their portfolio. 519,057 were reported by Panagora Asset Mgmt. Horizon Kinetics Ltd Limited Liability Company has invested 0.01% of its portfolio in Garmin Ltd. (NASDAQ:GRMN). Macquarie Grp Ltd has invested 0% of its portfolio in Garmin Ltd. (NASDAQ:GRMN). Lpl Financial Ltd Co holds 13,214 shares or 0% of its portfolio. M&T Bancshares invested in 0.01% or 44,105 shares. Japan-based Mitsubishi Ufj Holdings Limited has invested 0.04% in Garmin Ltd. (NASDAQ:GRMN).

Since December 13, 2017, it had 0 insider purchases, and 8 sales for $30.82 million activity. KAO MIN H had sold 82,553 shares worth $4.96M. Peffer Charles sold $599,708 worth of stock. $116,917 worth of Garmin Ltd. (NASDAQ:GRMN) shares were sold by ETKIND ANDREW R. Huang Pao-Chang also sold $289,776 worth of Garmin Ltd. (NASDAQ:GRMN) shares. On Wednesday, December 13 the insider Biddlecombe Sean sold $45,904.

Analysts expect Garmin Ltd. (NASDAQ:GRMN) to report $0.56 EPS on May, 2 before the open.They anticipate $0.04 EPS change or 7.69 % from last quarter’s $0.52 EPS. GRMN’s profit would be $105.39 million giving it 25.82 P/E if the $0.56 EPS is correct. After having $0.79 EPS previously, Garmin Ltd.’s analysts see -29.11 % EPS growth. The stock increased 0.29% or $0.17 during the last trading session, reaching $57.83. About 680,537 shares traded. Garmin Ltd. (NASDAQ:GRMN) has risen 14.52% since April 26, 2017 and is uptrending. It has outperformed by 2.97% the S&P500.

Garmin Ltd. (NASDAQ:GRMN) Ratings Coverage

Among 5 analysts covering Garmin Ltd (NASDAQ:GRMN), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. Garmin Ltd had 6 analyst reports since November 1, 2017 according to SRatingsIntel. Credit Suisse maintained the stock with “Sell” rating in Tuesday, December 12 report. The rating was maintained by Tigress Financial on Friday, December 15 with “Buy”. On Wednesday, November 1 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. Robert W. Baird maintained the shares of GRMN in report on Thursday, February 22 with “Neutral” rating. On Monday, March 12 the stock rating was maintained by Tigress Financial with “Buy”. Morgan Stanley maintained Garmin Ltd. (NASDAQ:GRMN) on Thursday, November 2 with “Equal-Weight” rating.

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 $10.88 billion. It operates through five divisions: Auto, Aviation, Marine, Outdoor, and Fitness. It has a 15.71 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.

Garmin Ltd. (NASDAQ:GRMN) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: