Garmin Stock Price on September 29, 2023
| GRMN Stock | USD 212.60 0.51 0.24% |
Below is the normalized historical share price chart for Garmin extending back to December 08, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Garmin stands at 212.60, as last reported on the 29th of November, with the highest price reaching 213.23 and the lowest price hitting 211.78 during the day.
If you're considering investing in Garmin Stock, it is important to understand the factors that can impact its price. Garmin appears to be very steady, given 3 months investment horizon. Garmin holds Efficiency (Sharpe) Ratio of 0.0966, which attests that the entity had a 0.0966% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Garmin, which you can use to evaluate the volatility of the firm. Please utilize Garmin's Market Risk Adjusted Performance of 0.3853, risk adjusted performance of 0.0783, and Downside Deviation of 1.6 to validate if our risk estimates are consistent with your expectations.
At this time, Garmin's Total Stockholder Equity is very stable compared to the past year. As of the 29th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 9 B, while Common Stock Shares Outstanding is likely to drop about 161.3 M. . At this time, Garmin's Price To Sales Ratio is very stable compared to the past year. As of the 29th of November 2024, Price Earnings Ratio is likely to grow to 21.87, though Price Earnings To Growth Ratio is likely to grow to (1.97). Garmin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of December 2000 | 200 Day MA 165.96 | 50 Day MA 185.2704 | Beta 0.983 |
Garmin |
Sharpe Ratio = 0.0966
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.23 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Garmin is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Garmin by adding it to a well-diversified portfolio.
Price Book 5.4255 | Enterprise Value Ebitda 24.0544 | Price Sales 6.8369 | Shares Float 154.4 M | Dividend Share 3 |
Garmin Main Headline on 29th of September 2023
Garmin dividend paid on 29th of September 2023 |
Garmin Valuation on September 29, 2023
It is possible to determine the worth of Garmin on a given historical date. On September 29, 2023 Garmin was worth 104.26 at the beginning of the trading date compared to the closed value of 103.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Garmin stock. Still, in general, we apply an absolute valuation method to find Garmin's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Garmin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Garmin's related companies.
| Open | High | Low | Close | Volume | |
| 101.25 | 103.34 | 101.18 | 103.12 | 626,495 | |
09/29/2023 | 104.26 | 104.34 | 102.77 | 103.17 | 616,727 |
| 102.63 | 103.06 | 101.23 | 101.51 | 842,805 |
| Backtest Garmin | | | Garmin History | | | Garmin Valuation | Previous | Next |
Garmin Trading Date Momentum on September 29, 2023
| On October 02 2023 Garmin was traded for 101.51 at the closing time. The top price for the day was 103.06 and the lowest listed price was 101.23 . The trading volume for the day was 842.8 K. The trading history from October 2, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.61% . The overall trading delta against the current closing price is 0.59% . |
Garmin Fundamentals Correlations and Trends
By evaluating Garmin's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Garmin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Garmin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Garmin Stock history
Garmin investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Garmin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Garmin will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Garmin stock prices may prove useful in developing a viable investing in Garmin
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 192.1 M | 161.3 M | |
| Net Income Applicable To Common Shares | 1.1 B | 614.3 M |
Garmin Quarterly Net Working Capital |
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Garmin Stock Technical Analysis
Garmin technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Garmin Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Garmin cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Garmin November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Garmin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Garmin shares will generate the highest return on investment. By undertsting and applying Garmin stock market strength indicators, traders can identify Garmin entry and exit signals to maximize returns
Garmin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Garmin's price direction in advance. Along with the technical and fundamental analysis of Garmin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Garmin to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0783 | |||
| Jensen Alpha | 0.1972 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.1055 | |||
| Treynor Ratio | 0.3753 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Garmin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Garmin Stock, please use our How to Invest in Garmin guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Consumer Electronics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Garmin. If investors know Garmin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Garmin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.545 | Dividend Share 3 | Earnings Share 7.87 | Revenue Per Share 31.044 | Quarterly Revenue Growth 0.241 |
The market value of Garmin is measured differently than its book value, which is the value of Garmin that is recorded on the company's balance sheet. Investors also form their own opinion of Garmin's value that differs from its market value or its book value, called intrinsic value, which is Garmin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Garmin's market value can be influenced by many factors that don't directly affect Garmin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Garmin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Garmin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Garmin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.