15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 5 firms covering Garmin Ltd, 2 rate it Buy or better, 3 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $285.00 to $370.00, so the covering firms are broadly aligned. The average target of $310.25 sits 13% above the current $275.66. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $2.85 next quarter toward $11.01 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS5 ratings
Moderate Buy
Strong Buy120%
Buy120%
Hold360%
Sell00%
Strong Sell00%
Based on 5 analysts giving stock ratings to Garmin Ltd.
As of Sep, 2 of 5 firms rate GRMN a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
GRMN EPS & revenue forecast
EPS · NEXT QUARTER
$2.85
Range $2.77 – $2.95 · 7 analysts · +2% YoY
Next period, 7 analysts expect Garmin Ltd to earn $2.85 a share (range $2.77 – $2.95), versus $2.79 a year earlier. Full-year consensus is $10.13, growing to $11.01 the year after.
REVENUE · NEXT QUARTER
$2.3B
Range $2.3B – $2.4B · 7 analysts · +9% YoY
Revenue is expected to reach $2.3B (range $2.3B – $2.4B), +9.3% year-over-year. Full-year consensus is $8.1B, rising to $9.0B next year.
Top analysts covering Garmin Ltd
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on GRMN.
#1
Ronald Epstein
B of A Securities · Rank #35
Sell
$185.00-32.9% to target
Overall win rate
56%
+ Follow
#2
Erik Woodring
Morgan Stanley · Rank #239
Hold
$289.00+4.8% to target
Overall win rate
49%
+ Follow
#3
Ivan Feinseth
Tigress Financial · Rank #408
Buy
$370.00+34.2% to target
Overall win rate
33%
+ Follow
#4
JC
Joseph Cardoso
JP Morgan
Hold
$295.00+7.0% to target
Coverage
—
+ Follow
#5
GW
George Wang
Barclays
Sell
$208.00-24.5% to target
Coverage
—
+ Follow
GRMN stock forecast FAQ
What is GRMN's average 12-month price target?+
The 4 analysts with a live target average $310.25 for Garmin Ltd over the next 12 months, ranging from a $370.00 high to a $285.00 low.
Is GRMN stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 5 analyst ratings, 2 are Buy or Strong Buy, 3 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for GRMN?+
The Street-high target is $370.00 (Tigress Financial), and the Street-low is $285.00 (JP Morgan). The average of all 4 active targets is $310.25.
How many Wall Street analysts cover GRMN?+
5 analysts have an active rating on Garmin Ltd, and 4 firms carry a live 12-month price target.
Who is the most accurate analyst covering GRMN?+
Among analysts who currently cover GRMN, Ronald Epstein of B of A Securities has the strongest overall Quantellect track record (Rank #35). Their current call is Sell with a $185.00 target.
What is Garmin Ltd's projected EPS for next quarter?+
The consensus estimate is $2.85 per share (range $2.77 – $2.95) across 7 analysts. Full-year EPS is projected at $10.13, rising to $11.01 the following year.
How much revenue is Garmin Ltd expected to report next quarter?+
Consensus revenue is $2.3B (range $2.3B – $2.4B). Full-year revenue is projected at $8.1B, growing to $9.0B next year.
Have analysts been upgrading or downgrading GRMN lately?+
As of Sep, 2 of 5 firms rate GRMN a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their GRMN calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
