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Last $47.58 USD
Change Today +0.01 / 0.02%
Volume 812.8K
GRMN On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 3:55 PM 04/21/15 All times are local (Market data is delayed by at least 15 minutes).

garmin ltd (GRMN) Snapshot

Open
$47.77
Previous Close
$47.57
Day High
$47.97
Day Low
$47.50
52 Week High
07/3/14 - $62.05
52 Week Low
04/6/15 - $44.57
Market Cap
9.1B
Average Volume 10 Days
1.2M
EPS TTM
$3.09
Shares Outstanding
191.4M
EX-Date
06/12/15
P/E TM
15.4x
Dividend
$2.04
Dividend Yield
4.03%
Current Stock Chart for GARMIN LTD (GRMN)

garmin ltd (GRMN) Details

Garmin Ltd., together with its subsidiaries, designs, develops, manufactures, and markets hand-held, wrist-based, and portable and fixed-mount global positioning system (GPS) enabled products; and other navigation, communication, and information products worldwide. It operates in five segments: Automotive/Mobile, Aviation, Marine, Outdoor, and Fitness. The Automotive/Mobile segment offers personal automotive navigation devices; and infotainment solutions, as well as mobile applications under the Viago, StreetPilot, and NAVIGON brands. The Aviation segment provides GPS-enabled navigation, VHF communications transmitters/receivers, multi-function displays, electronic flight instrumentation systems, automatic flight control systems, traffic advisory systems and traffic collision avoidance systems, terrain awareness and warning systems, instrument landing system receivers, surveillance products, audio panels, cockpit datalink systems, and others. The Marine segment offers chartplotters and multi-function displays, fish finders, sounders, autopilot systems, radars, compliant instrument displays, radios, handhelds and wrist-worn devices, sailing products, and integrated marine audio equipment. The Outdoor segment provides outdoor handhelds, wrist watches, golf devices, dog tracking and training/pet obedience devices, and action cameras. The Fitness segment offers running/multi-sport watches for athletes; personal training systems and pedal-based power meters for cyclists; activity tracking devices for corporate wellness programs; watches designed for swimming pool use; and Garmin Connect, a Web-based analytic tool that allows users to store, analyze, and share fitness and wellness data. The company sells its GPS receivers and accessories to retail outlets, and aviation products to aviation dealers and aircraft manufacturers through a network of independent dealers and distributors. Garmin Ltd. was founded in 1990 and is based in Schaffhausen, Switzerland.

11,185 Employees
Last Reported Date: 02/18/15
Founded in 1990

garmin ltd (GRMN) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $650.3K
Co-Founder and Executive Chairman
Total Annual Compensation: $350.3K
Vice President, General Counsel and Secretary
Total Annual Compensation: $515.2K
Vice President of Worldwide Sales - Garmin In...
Total Annual Compensation: $467.3K
Vice President and Managing Director of Autom...
Total Annual Compensation: $443.3K
Compensation as of Fiscal Year 2013.

garmin ltd (GRMN) Key Developments

Garmin Ltd. Proposes Payment of Cash Dividend, Payable on June 30, 2015, September 30, 2015, December 31, 2015, March 31, 2016

Garmin Ltd. at its AGM to be held on June 5, 2015, proposed the payment of a cash dividend in the aggregate amount of $2.04 per outstanding share out of Garmin's general reserve from capital contribution in four equal installments of $0.51 per share. The Board expects that the dividend payment and record dates will be June 30, 2015, September 30, 2015, December 31, 2015, March 31, 2016 and June 16, 2015, September 15, 2015, December 15, 2015, March 15, 2016 respectively.

Garmin Ltd. Releases GDL 84 ADS-B solutions

Garmin Ltd. announced the delivery of the initial orders for the GDL 84, a new addition to the company's lineup of certified ADS-B solutions. The GDL 84 provides an all-inclusive option for owners looking to satisfy the requirements of NextGen, while providing the benefits offered by ADS-B In without the need to significantly modify the panel of the aircraft. For $3,995, the GDL 84 comes complete with an integrated WAAS GPS, installation kit, configuration module, GPS antenna, and the Flight Stream Bluetooth wireless gateway, offering customers the industry's most comprehensive ADS-B package and cost-effective solution available on the market. Installation is quick and easy because the GDL 84 is a straightforward solution that wirelessly transmits weather and traffic information via Flight Stream 110/210 to a mobile device with Garmin Pilot, instead of an installed multifunction display in the cockpit. Additionally, for aircraft owners who do not already have a compatible WAAS GPS position source on board their aircraft, the GDL 84 offers a built-in WAAS GPS receiver. The GDL 84 is an all-in-one solution, which meets regulatory requirements and gives pilots the added benefits without the cost associated with a large installation. Becoming rule-compliant and preserving the existing aircraft panel are important to many aircraft owners. Because of the versatility and wireless functionality offered by the GDL 84 and Flight Stream, the existing panel configuration remains intact. Garmin's patented self-interrogation feature allows the GDL 84 to wirelessly communicate and interface with a wide range of general aviation transponders to synchronize squawk code and ident. This unique technology enables the ADS-B Out source to broadcast the same code as the transponder, simplifying the installation and eliminating the need to install an additional ADS-B control panel. This exclusive feature reduces pilot workload, preventing the need to manually enter two squawk codes. The GDL 84 has received the FAA's Approved Model List Supplemental Type Certification (AML STC) for hundreds of aircraft makes and models.

Garmin Announces Availability of GI 205 Radar Altimeter Display

Garmin Ltd. has announced the availability of the GI 205 radar altimeter display. Owners and operators are offered an all-in-one and timely solution to satisfy the April 24, 2017 Part 135 helicopter operating requirements set forth by the FAA last year. This radar altimeter package includes the all-digital GRA 55 radar altimeter sensor, GI 205 radar altimeter indicator and two antennas for an introductory price of $11,995. Garmin's high performance GRA 55 includes patent-pending digital signal processing technology, leveraged from high-end GRA 5500 radar altimeter, that works to provide smooth altitude tracking, resulting in a consistent and highly accurate above ground level indication. The GRA 55 also incorporates patent-pending built-in self-test monitors that continuously cross check system and data integrity, assuring the pilot of an accurate indication in even the most challenging environments, such as rough terrain, tree canopies, sand and choppy water.

 

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Industry Analysis

GRMN

Industry Average

Valuation GRMN Industry Range
Price/Earnings 25.4x
Price/Sales 3.2x
Price/Book 2.7x
Price/Cash Flow 25.0x
TEV/Sales 2.7x
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