Garmin's stock rises despite market dip, upcoming earnings report projects positive results
From Nasdaq: 2025-04-07 18:15:00
In the latest trading session, Garmin (GRMN) closed at $180.86, up 1.34% from the previous day, surpassing S&P 500’s loss. Shares dropped 18.64% in the past month, underperforming the sector and S&P 500. Earnings report on April 30, 2025, projects EPS of $1.62 and revenue of $1.55 billion, with a Zacks Rank of #2 (Buy).
Garmin’s valuation shows a Forward P/E ratio of 22.04, higher than the industry average of 15.2. PEG ratio of 1.94 indicates premium trading. The Electronics – Miscellaneous Products sector ranks 171 out of 250 industries. Utilize Zacks.com to track stock metrics and industry performance.
Zacks’ Research Chief highlights a stock projected to double in value. This innovative financial firm has a growing customer base and cutting-edge solutions. Check out the top stock pick and others with potential for +100% gains. Download 7 Best Stocks for the Next 30 Days for the latest recommendations from Zacks Investment Research.
Read more at Nasdaq: Garmin (GRMN) Gains As Market Dips: What You Should Know