Garmin (GRMN) closed at $173.15, down 1.51%. The stock fell by 2.68% in the last month, underperforming the sector and S&P 500. Analysts predict an EPS of $1.45 and revenue of $1.43 billion in the upcoming earnings report. The Zacks Rank currently rates Garmin as a #3 (Hold).
Investors should note Garmin’s Forward P/E of 29.06, higher than the industry average. The PEG ratio is 3.04, indicating expected earnings growth. The Electronics – Miscellaneous Products industry ranks 163 out of 250 sectors. Zacks advises monitoring these metrics for future trades and investment decisions.
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Read more at Nasdaq: Garmin (GRMN) Sees a More Significant Dip Than Broader Market: Some Facts to Know
