Garmin Ltd
GRMN:NASDAQ
| Last | Change / % Change | Dividend Yield | Volume |
| 34.35 | 0.4800 1.4% | 4.4% | 1,263,784 |
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Latest News Headlines for Garmin Ltd
Relatively Low P/E Ratio Detected in Shares of NIVS IntelliMedia Technology Group in the Consumer Electronics Industry (NIV, MSN, GRMN, UEIC, HAR)
Below are the five companies in the Consumer Electronics industry with the lowest Price to Earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.
ABI Research: Mobile Apps, Watches and Apparel to Spur Outdoor, Sports and Fitness GPS to $2 Billion in 2016
In a new study, ABI Research revealed that a combination of smartphone applications and device shipments will drive the next big trend in the GPS market.
According to a release, this has always been a niche market, with limited competition. However, Garmin's Outdoor and Fitness division represented 40 percent of the firm's total 2010 operating income, with fitness watches at the forefront of this growth. This is becoming a very important market, and with the PND market in decline, it will become a vital segment to address for many companies.
Mobile Apps, Watches and Apparel Will Spur Outdoor, Sports and Fitness GPS to $2bn in 2016, Says ABI Research
View more recent headlinesIn a new study, ABI Research has forecast that a combination of
smartphone applications and device shipments will drive the next big
trend in the GPS market.
This has always been a niche market, with limited competition. However,
Garmin's Outdoor and Fitness division represented 40% of the firm's
total 2010 operating income, with fitness watches at the forefront of
this growth. This is becoming a very important market, and with the PND
market in decline, it will become a vital segment to address for many
companies.
Company Background
Garmin Ltd. (Garmin) is a provider of navigation, communication and information devices and applications, which are enabled by global positioning system (GPS) technology. The Company designs, develops, manufactures and markets a range of hand-held, portable and fixed-mount GPS-enabled products and other navigation, communications and information products for the automotive/mobile, outdoor/fitness, marine and general aviation markets. The Company operates in four segments: Marine, Automotive/Mobile, Outdoor/Fitness and Aviation. In September 2010, the Company acquired MetriGear, Inc. In October 2010, the Company acquired Belanor AS.
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 33.17 | Previous Close 33.87 |
Day High 34.39 | Day Low 33.09 |
52wk High/Date 40.47 / 3/25/2010 | 52wk Low/Date 26.11 / 8/25/2010 |
Beta 1.43 | Market Capitalization 7B |
Shares Outstanding 208M | Volatility Avg 33.94 |
Avg Vol(10 day) 1M | P/E Ratio 11.7x |
EPS (TTM) 2.93 | Annualized Rate -- / -- |
Yield 4.4% | Dividend Announcement 3/17/2010 |
Ex-Date 4/13/2010 | Date of Record 4/15/2010 |
Payable 1.50 - ANN | Payable Date 4/30/2010 |
Last Trade as of 3/15/2011 4:00 PM ET | |
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GRMN Garmin Ltd vs. Peers
| Peers | |
GRMN Garmin Ltd | 0.0% |
| JOUT Johnson Outdoors Inc. | 21.0% |
| HON Honeywell International Inc. | 5.4% |
| LLL L-3 Communications Holdings, Inc. | 12.5% |
| COL Rockwell Collins, Inc. | 8.3% |
GRMN Garmin Ltd | 4.4% |
| JOUT Johnson Outdoors Inc. | -- |
| HON Honeywell International Inc. | 2.4% |
| LLL L-3 Communications Holdings, Inc. | 2.3% |
| COL Rockwell Collins, Inc. | 1.5% |
GRMN Garmin Ltd | 1.4% |
| JOUT Johnson Outdoors Inc. | 3.4% |
| HON Honeywell International Inc. | -0.8% |
| LLL L-3 Communications Holdings, Inc. | -1.4% |
| COL Rockwell Collins, Inc. | -1.1% |