With 0.73 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.07 million shares. The 52-week range on GRMN shows that it touched its highest point at $246.50 and its lowest point at $158.38 during that stretch. It currently has a 1-year price target of $178.50. With its current market cap of 38.81 billion, GRMN has annualized dividend of $3.00 while the current yield stands at 1.49%. Beta for the stock currently stands at 0.99.
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 -0.17%, but this was up by 4.00% over a month. Three-month performance dropped to -10.29% while six-month performance fell -3.67%. The stock gained 18.44% in the past year, while it has lost -2.27% so far this year. A look at the trailing 12-month EPS for GRMN yields 7.59 with Next year EPS estimates of 8.42. For the next quarter, that number is 1.86. This implies an EPS growth rate of 6.62% for this year and 6.84% for next year. EPS is expected to grow by 7.05% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 7.92%.
Float and Shares Shorts:
At present, 192.71 million GRMN shares are outstanding with a float of 162.55 million shares on hand for trading.
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.
