Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...

The Zacks Electronics – Miscellaneous Products industry has been suffering from challenging macroeconomic conditions, high levels of inventories with distributors and steep interest rates. The global economic turmoil is expected to keep the semiconductor capex under check, which does not bode well for industry participants in the near term. However, players like KLA (KLAC) , Garmin (GRMN) , and Trimble (TRMB) are benefiting from higher spending on advanced technologies, including augmented reality (AR) and ...

A company with a favorable efficiency level is expected to provide stellar returns as it is believed to be positively correlated with price performance. In fact, efficiency level, which measures a company’s capability to transform available input into output, is often considered an important parameter for gauging its potential to make profits. However, at times, it becomes difficult to measure the efficiency level of a company. This is why one must consider popular efficiency ratios while selecting stocks. ...

Key Points Garmin is a leading provider of GPS and smartwatch fitness trackers. The company posted record first-quarter revenues in its Fitness, Outdoors, Aviation, and Marine segments and reaffirmed full-year 2024 guidance. At its annual meeting on June 7, 2024, Garmin will vote on a $3.00 annual cash dividend paid out in equal quarterly distributions. 5 stocks we like better than Garmin Garmin Ltd. NYSE: GRMN launched in 1989 with the sole ...

Fourth annual awards program recognizes the world's most innovative solutions that successfully integrate Garmin wearable technology into health and wellness programs OLATHE, Kan., May 7, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced a global call for entries for its 2024 Garmin Health Awards, celebrating the world's most innovative solutions that successfully leverage the power of Garmin technology into health and wellness programs. This year, Garmin will unveil a refreshed format for the Garmin ...

Have you looked into how Garmin (GRMN) performed internationally during the quarter ending March 2024? Considering the widespread global presence of this maker of personal navigation devices, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth. In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. Investors now p ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, May 6th: Smurfit Kappa Group Plc (SMFKY) : This manufacturer of containerboard, corrugated containers, and other paper-based packaging products has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.8% over the last 60 days. This Zacks Rank #1 company has a dividend yield of 3.9%, compared with the industry average of 1.4%. Levi Strauss & Co. (LEVI) : This seller of apparels ...

Garmin Ltd. (GRMN) has reported first-quarter 2024 pro-forma earnings of $1.42 per share, beating the Zacks Consensus Estimate by 42%. The bottom line improved on a year-over-year basis. Net sales were $1.38 billion, which surpassed the Zacks Consensus Estimate of $1.24 billion. The figure increased 20% from the year-ago quarter. Year-over-year growth in the top line was attributed to strength in the Fitness and Auto OEM segments. The growing Outdoor and Marine segments contributed well. Shares of Garmin ha ...

财务数据和关键指标变化 - 公司第一季度收入达到13.82亿美元,同比增长20%,创下新的第一季度纪录 [8] - 毛利率为58.1%,同比提升120个基点 [19] - 营业利润为2.98亿美元,同比增长51%,创下新的第一季度纪录 [8][19] - 经调整每股收益为1.42美元,同比增长39% [8] 各条业务线数据和关键指标变化 - 健身业务收入增长40%至3.43亿美元,创新高,毛利率和营业利润率分别为57%和20% [10] - 户外业务收入增长11%至3.66亿美元,毛利率和营业利润率分别为66%和29% [12] - 航空业务收入增长2%至2.17亿美元,毛利率为75%,营业利润率为24% [14] - 航海业务收入增长17%至3.27亿美元,毛利率和营业利润率分别为55%和27% [15] - 汽车OEM业务收入增长58%至1.29亿美元,毛利率为18%,录得营业亏损 [17] 各个市场数据和关键指标变化 - 各大地区均实现两位数增长,其中EMEA地区增长30%,美洲增长17%,亚太地区增长12% [20] 公司战略和发展方向及行业竞争 - 公司产品线在健身和户外领域具有强大的竞争力和差异化,受到市场广泛认可 [29][30] - 公司在航空和汽车OEM领域也获得新的业务订单,展现出良好的发展前景 [14][17][40] - 公司将继续关注新产品的推出时间,这将影响未来各季度的业绩表现 [27][43] 管理层对经营环境和未来前景的评论 - 公司第一季度业绩表现出色,但管理层表示第一季度通常是最淡季,因此暂不更新全年指引 [9] - 管理层认为公司客户群体受到宏观经济波动影响较小,目前没有观察到明显的消费者降级迹象 [63] 问答环节重要的提问和回答 问题1 **Joseph Cardoso 提问** 询问公司全年业绩走势及影响因素 [26][27] **Clifton Pemble 回答** 新产品推出时间节奏是影响全年业绩的一个关键因素 [27][43] 问题2 **Dong Wang 提问** 询问公司存货情况及全年展望 [32][33] **Douglas Boessen 回答** 公司将适当增加存货以满足需求,但不会大幅增加 [33] 问题3 **Benjamin Bollin 提问** 询问健身和户外业务毛利率改善的驱动因素 [37][38] **Douglas Boessen 回答** 主要是产品组合改善和成本下降带来的影响 [38]

Garmin's sales soared by 20% year over year in the first quarter. Garmin (GRMN 12.05%) reported its first-quarter earnings today and investors saw a lot to like. The maker of wearables, activity trackers, and other high-tech outdoor adventure devices saw sales soar 20% compared to last year's first quarter. Investors jumped into the stock in response. Garmin stock had already moved higher by nearly 50% over the last year, and it jumped by another 11.7% today, as of 11:15 a.m. ET. Garmin stock keeps running ...