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Garmin Boosts Outdoor Segment: Should You Buy, Hold or Sell the Stock?
ZACKS· 2024-09-20 02:06
Garmin (GRMN) recently unveiled the inReach Messenger Plus, its first satellite communicator. The communicator includes photo and voice messaging, in addition to global two-way texting, location sharing and SOS functions.Garmin’s inReach devices are known for their durable, temperature-resistant design, ideal for outdoor areas without cell coverage. The inReach Messenger Plus features weeks of battery life and offers reliable satellite communication as a standalone device or paired with the Garmin Messenger ...
Garmin (GRMN) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2024-09-19 07:20
Garmin (GRMN) ended the recent trading session at $169.87, demonstrating a -1% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.29%. At the same time, the Dow lost 0.25%, and the tech-heavy Nasdaq lost 0.31%.Heading into today, shares of the maker of personal navigation devices had lost 2.78% over the past month, lagging the Computer and Technology sector's loss of 1.17% and the S&P 500's gain of 1.57% in that time.Investors will be eagerly watch ...
Garmin introduces inReach Messenger Plus SOS satellite communicator with photo and voice messaging, expanding your ability to stay in touch beyond cell service
Prnewswire· 2024-09-18 22:39
Durable and intuitive, this new two-way satellite communicator boasts a battery life that can last for weeks for added peace of mindOLATHE, Kan., Sept. 18, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced the inReach® Messenger Plus, its first satellite communicator with photo and voice messaging in addition to global two-way texting, location sharing and SOS capabilities1. Lauded for a durable and temperature-resistant design, Garmin inReach devices are built for those that explore beyond cell cove ...
Garmin Rises 34% Year to Date: How Should You Play the Stock?
ZACKS· 2024-09-18 01:01
Garmin (GRMN) shares are up 34.4% year to date (YTD), outperforming the broader Zacks Computer and Technology sector’s return of 19.9% and the Zacks Electronics-Miscellaneous Products industry’s appreciation of 12.3%.This outperformance can be attributed to its strong top-line growth backed by robust portfolio presence across multiple business segments, including Outdoor, Fitness, Aviation and Marine. Garmin’s growing efforts toward product innovation, diversification and market expansion are boosting the p ...
Why Garmin Stock Just Dropped 6.1%
The Motley Fool· 2024-09-14 00:06
Is it time to sell the the GPS technology specialist? One bank analyst thinks so.Garmin (GRMN -5.67%) stock tumbled by 6.1% through 11:45 a.m. ET Friday after investment bank Barclays downgraded shares of the GPS guidance specialist from equalweight (i.e., hold) to underweight (i.e., sell), and cut its share price target from its previous $181 to $133.With its shares up by 72% over the last 52 weeks, Garmin has outperformed the S&P 500 by a factor of nearly three. According to Barclays, that was too much ou ...
Garmin (GRMN) Rises But Trails Market: What Investors Should Know
ZACKS· 2024-09-13 07:21
In the latest trading session, Garmin (GRMN) closed at $182.76, marking a +0.01% move from the previous day. This move lagged the S&P 500's daily gain of 0.75%. Elsewhere, the Dow gained 0.58%, while the tech-heavy Nasdaq added 1%.Shares of the maker of personal navigation devices have appreciated by 7.49% over the course of the past month, outperforming the Computer and Technology sector's gain of 2.48% and the S&P 500's gain of 4.03%.Investors will be eagerly watching for the performance of Garmin in its ...
Dock your boat with confidence using the all-new Garmin GC 245 and GC 255 marine cameras
Prnewswire· 2024-09-10 19:01
High-definition cameras built for Garmin chartplotters can provide distance markers and guidance lines to enhance situational awareness when docking in tight quartersOLATHE, Kan., Sept. 10, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN), the world's most innovative and recognized marine electronics manufacturer, today announced the GC™ 245 and GC 255 marine cameras that are purpose-built to enhance proximity awareness and confidence at the dock. Featuring on-screen distance markers1 and guidance lines, these came ...
Capture detailed eyewitness video with the new Garmin Dash Cam X series
Prnewswire· 2024-09-05 19:01
Premium, voice-controlled dash cameras offer up to 4K Ultra HD video quality and an all-new polarizer lens for outstanding clarity day and nightOLATHE, Kan., Sept. 5, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today unveiled the Garmin Dash Cam™ X series of high-quality dash cameras that provide motorists with a discreet eyewitness anywhere they drive1. There are four models – the Garmin Dash Cam Mini 3, X110, X210 and ultra-sharp X310 – that go virtually unnoticed thanks to their compact size, yet still deli ...
Garmin Up 40.6% Year to Date: How Should You Approach the Stock?
ZACKS· 2024-08-31 02:25
Garmin‘s (GRMN) shares have gained 40.6% year to date compared with the industry’s return of 15.3%. It has also outpaced the Zacks Computer & Technology sector’s rise of 20.3% and the S&P 500 index’s appreciation of 17.3%.The company has been benefiting from its portfolio strength which is driving its momentum across various end-markets like automotive, marine, healthcare and aviation. Growing efforts toward product innovation, diversification and market expansion are benefiting the performance of its segme ...
Butler National Corporation Announces Garmin G700TXi STC for Learjet 35/36 Series
Prnewswire· 2024-08-29 00:46
The FAA STC approval, STC Number ST02036WI allows the installation of the Garmin G700TXi System in the Learjet Model 35/35A(C-21A)/36/36A airplanes with the FC-530/FC-535 autopilot. The replacement of the traditional "six pack" of flight instruments (airspeed indicator, altimeter, ADI (including VG), HSI (including DG), vertical speed indicator/RA and RMI) with the Garmin G700TXi flight display and associated attitude, heading and air data sensors significantly enhances situational awareness and operations ...