With 0.77 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.82 million shares. The 52-week range on GRMN shows that it touched its highest point at $246.50 and its lowest point at $133.16 during that stretch. It currently has a 1-year price target of $199.60. With its current market cap of 43.66 billion, GRMN has annualized dividend of $2.98 while the current yield stands at 1.31%. Beta for the stock currently stands at 0.98.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GRMN was down-trending over the past week, with a drop of -6.20%, but this was up by 5.59% over a month. Three-month performance surged to 8.52% while six-month performance rose 26.23%. The stock gained 67.46% in the past year, while it has gained 10.02% so far this year. A look at the trailing 12-month EPS for GRMN yields 7.31 with Next year EPS estimates of 8.58. For the next quarter, that number is 1.61. This implies an EPS growth rate of 10.14% for this year and 5.44% for next year. EPS is expected to grow by 8.08% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 7.92%.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GRMN since 3 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $7.47212 being high and $6.91676 being low. For GRMN, this leads to a yearly average estimate of $7.07832. Based on analyst estimates, the high estimate for the next quarter is $2.07 and the low estimate is $1.73. The average estimate for the next quarter is thus $1.87.
