Garmin Ltd. (GRMN) Analysts See $0.82 EPS

July 17, 2017 - By Kurt Siggers

 Garmin Ltd. (GRMN) Analysts See $0.82 EPS
Investors sentiment increased to 1.35 in Q4 2016. Its up 0.19, from 1.16 in 2016Q3. It is positive, as 36 investors sold Garmin Ltd. shares while 98 reduced holdings. 59 funds opened positions while 122 raised stakes. 73.17 million shares or 3.36% more from 70.79 million shares in 2016Q3 were reported.
Janus Capital Limited has invested 0.07% in Garmin Ltd. (NASDAQ:GRMN). Huntington Fincl Bank holds 0% of its portfolio in Garmin Ltd. (NASDAQ:GRMN) for 114 shares. National Bank Of Montreal Can invested in 0.03% or 497,631 shares. Price T Rowe Assoc Md holds 203,990 shares. Timber Hill Ltd Limited Liability Company has invested 0% in Garmin Ltd. (NASDAQ:GRMN). Ameriprise reported 70,816 shares or 0% of all its holdings. Ingalls Snyder Ltd Liability invested in 0.04% or 15,450 shares. Chevy Chase Tru Hldg reported 96,054 shares or 0.02% of all its holdings. Parametric Associates Lc reported 249,211 shares or 0.02% of all its holdings. Pennsylvania-based Commonwealth Of Pennsylvania School Empls Retrmt Sys has invested 0.01% in Garmin Ltd. (NASDAQ:GRMN). Nomura holds 0% or 6,365 shares in its portfolio. Fcm Invs Tx stated it has 33,152 shares or 0.97% of all its holdings. Qs Investors Ltd owns 3,473 shares. Commonwealth Bancshares Of holds 20,963 shares or 0.01% of its portfolio. Hancock reported 22,195 shares.

Since February 22, 2017, it had 0 insider purchases, and 3 insider sales for $16.02 million activity. $355,995 worth of Garmin Ltd. (NASDAQ:GRMN) was sold by ETKIND ANDREW R on Wednesday, February 22.

Analysts expect Garmin Ltd. (NASDAQ:GRMN) to report $0.82 EPS on July, 26.They anticipate $0.05 EPS change or 5.75 % from last quarter’s $0.87 EPS. GRMN’s profit would be $153.89M giving it 15.48 P/E if the $0.82 EPS is correct. After having $0.52 EPS previously, Garmin Ltd.’s analysts see 57.69 % EPS growth. About 806,399 shares traded. Garmin Ltd. (NASDAQ:GRMN) has risen 28.63% since July 18, 2016 and is uptrending. It has outperformed by 11.93% the S&P500.

Garmin Ltd. (NASDAQ:GRMN) Ratings Coverage

Among 13 analysts covering Garmin Ltd. (NASDAQ:GRMN), 2 have Buy rating, 4 Sell and 7 Hold. Therefore 15% are positive. Garmin Ltd. had 23 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Longbow given on Wednesday, August 17. The rating was initiated by Sterne Agee CRT on Tuesday, September 29 with “Neutral”. The firm earned “Sell” rating on Wednesday, August 24 by Goldman Sachs. The stock of Garmin Ltd. (NASDAQ:GRMN) earned “Underweight” rating by JP Morgan on Thursday, July 30. The stock of Garmin Ltd. (NASDAQ:GRMN) has “Underperform” rating given on Thursday, February 18 by Credit Suisse. The firm has “Underperform” rating given on Thursday, August 4 by Bank of America. The stock of Garmin Ltd. (NASDAQ:GRMN) has “Underweight” rating given on Thursday, February 18 by JP Morgan. The stock has “Mkt Perform” rating by Raymond James on Tuesday, August 25. The company was downgraded on Monday, August 22 by Raymond James. The company was upgraded on Monday, October 19 by JP Morgan.

Garmin Ltd. and subsidiaries offer global positioning system (GPS) navigation and wireless devices and applications. The company has market cap of $9.53 billion. The Firm operates through five divisions. It has a 14.49 P/E ratio. It offers a range of auto navigation products, as well as a range of products and applications designed for the mobile GPS market.

More notable recent Garmin Ltd. (NASDAQ:GRMN) news were published by: Businesswire.com which released: “Garmin Ltd. schedules its second quarter 2017 Earnings Call” on July 05, 2017, also Businesswire.com with their article: “Garmin┬« announces the Foretrex┬« 601 and Foretrex┬« 701 Ballistic Edition for …” published on July 06, 2017, Bizjournals.com published: “Widow of slain Garmin engineer shares devastation caused by hate crimes” on July 10, 2017. More interesting news about Garmin Ltd. (NASDAQ:GRMN) were released by: Businesswire.com and their article: “expands revolutionary Panoptix sonar capabilities” published on July 10, 2017 as well as Benzinga.com‘s news article titled: “Wall Street’s M&A Chatter From July 12: Garmin, Qorvo, ABM Industries-GCA …” with publication date: July 13, 2017.

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