Garmin (NASDAQ:GRMN) is set to post its quarterly earnings results before the market opens on Wednesday, February 21st. Analysts expect Garmin to post earnings of $0.76 per share for the quarter.

Garmin (NASDAQ GRMN) opened at $62.43 on Wednesday. The stock has a market capitalization of $11,710.00, a PE ratio of 17.01, a P/E/G ratio of 2.48 and a beta of 0.94. Garmin has a fifty-two week low of $48.50 and a fifty-two week high of $64.96.

In other Garmin news, EVP Philip Straub sold 2,453 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $61.91, for a total transaction of $151,865.23. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Jonathan Burrell sold 254,000 shares of the firm’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $62.45, for a total value of $15,862,300.00. The disclosure for this sale can be found here. Insiders sold a total of 257,208 shares of company stock worth $16,060,069 in the last three months. 18.30% of the stock is currently owned by company insiders.

A number of research analysts recently issued reports on the company. BidaskClub raised Garmin from a “hold” rating to a “buy” rating in a report on Thursday, February 8th. Zacks Investment Research raised Garmin from a “hold” rating to a “buy” rating and set a $67.00 price target on the stock in a research note on Thursday, November 2nd. KeyCorp reissued a “hold” rating on shares of Garmin in a research note on Wednesday, November 1st. ValuEngine raised Garmin from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Finally, Morgan Stanley lifted their price target on Garmin from $52.00 to $57.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 2nd. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $56.71.

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About Garmin

Garmin Ltd. (Garmin) and subsidiaries offer global positioning system (GPS) navigation and wireless devices and applications. The Company operates through five segments. It offers a range of auto navigation products, as well as a range of products and applications designed for the mobile GPS market. It offers products to consumers around the world, including Outdoor Handhelds, Wearable Devices, Golf Devices, and Dog Tracking and Training/Pet Obedience Devices.

Earnings History for Garmin (NASDAQ:GRMN)

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