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Are Computer and Technology Stocks Lagging Garmin (GRMN) This Year?
ZACKS· 2024-07-12 22:41
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Garmin is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for GRMN's full-year earnings has moved 6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Another Computer and Techn ...
Garmin (GRMN) Boosts Marine Offerings With Panoptix PS22-IF
ZACKS· 2024-07-11 01:31
公司新产品介绍 - 公司推出了Panoptix PS22-IF Ice Fishing Bundle,这是一款专为冰上钓鱼爱好者设计的实时声纳解决方案[1] - 该套装包括ECHOMAP UHD2 73sv触摸屏组合和两种Panoptix声纳模式,适用于冰上钓鱼[2] - 该产品具有LiveVu Forward和LiveVu Down功能,分别用于观察朝向或远离洞口的鱼和水面下的鱼,且换能器无需立杆,便于调整深度、方向和声纳模式[3] 市场预期与行业前景 - 公司预计其新产品将受到钓鱼、航海、海员和船艇爱好者的欢迎[4] - 根据Skyquest报告,全球海洋电子市场预计到2030年将达到$8.13 billion,2023年至2030年的复合年增长率为5.2%,公司有望利用其扩展的海洋产品线抓住这一增长机会[5] 产品线扩展 - 公司扩展了GPSMAP x3系列,推出了GPSMAP 16x3航迹绘图仪,配备16英寸高分辨率触摸屏显示器,内置导航和声纳支持,提供卓越的清晰度和阳光下的可读性,即使在佩戴偏光太阳镜时[6] - 公司发布了下一代海洋智能手表quatix 7 Pro,旨在扩展其旗舰quatix系列的组合,该设备适用于水上活动,兼容公司的航迹绘图仪、自动驾驶系统和Fusion音频系统,为海员提供从手腕上轻松的远程控制访问[7] - 公司还推出了GPSMAP 9000航迹绘图仪系列,提供更快的网络速度,增强多媒体流媒体、视频集成和HDCP分发,并可通过NMEA 2000和0183网络连接到其他Garmin海洋系统[8] 财务表现与展望 - 公司的股票在年初至今期间上涨了26.8%,超过了行业17.3%的增长[9] - 公司预计2024年总收入为$5.75 billion,而Zacks共识估计为$5.90 billion,表明同比增长12.9%[14] - 公司预计2024年每股收益为$5.40,而共识估计为$5.77,表明从去年同期增长3.2%,且在过去60天内上调了0.5%[15] 其他业务扩展 - 公司最近宣布了FltPlan安全管理系统的进展,包括更新了飞行风险评估工具(FRAT)的功能,简化了飞行员的数据输入,以便他们可以在飞行前快速完成FRAT[10][11] - 公司扩展了户外产品线,推出了激光测距仪Approach Z30,为高尔夫球手提供增强的测距性能和Range Relay功能,并与Alphabet的Google合作,增强了智能手表产品线,使得YouTube Music应用现在可在Garmin IQ Connect智能手表上使用[12][13]
Garmin releases report highlighting cycling trends from around the world
Prnewswire· 2024-07-10 19:01
OLATHE, Kan., July 10, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) released a report today highlighting how cyclists around the world are logging miles and the positive health benefits they're seeing as a result. Whether riding inside or outdoors, data from the Garmin Connect community shows that cycling activities are on the rise—and they don't appear to be slowing down anytime soon. Cycling activities increased 7% while indoor cycling activities rose 12%. Women cyclists took the top spot as the fastest-growi ...
Garmin expands Force Kraken trolling motor series to accommodate a broader range of boat sizes
Prnewswire· 2024-07-09 19:03
"The addition of another shaft length option to our award-winning Force trolling motor series reinforces our commitment to provide best-in-class trolling motors to all our customers. From bass boats to bay boats, center consoles to multispecies fishing boats, Force remains at the forefront of power and efficiency, and we're pleased to expand our Kraken series with an additional 48-inch size that's perfect for boats with a smaller freeboard." – Dan Bartel, Garmin vice president of global consumer sales Avail ...
Garmin introduces the Panoptix PS22-IF Ice Fishing Bundle, a live sonar solution optimized for hole hopping
Prnewswire· 2024-07-09 19:02
MEDIA CONTACT: Carly Hysell 913-397-8200 [email protected] Ultraportable bundle features an industry-first design that eliminates the need for a pole mount "Efficiently locating fish is key to a good day on the ice, and sometimes that means drilling and hopping holes all day. Garmin's new PS22-IF Ice Fishing Bundle answers the call for those anglers, delivering a pole-free live sonar solution – in a lightweight portable bag – that will improve efficiency and scouting capabilities from hole to hole." –Dan Ba ...
Garmin selected as exclusive marine electronics and audio supplier to IBBI through 2029
Prnewswire· 2024-07-02 19:01
"We are so pleased to extend and strengthen our long-standing relationship with these boat builders to include both electronics and audio exclusively from Garmin. From chartplotters and navigation with leading Garmin Navionics+™ mapping to trolling motors, stereos, speakers and more, Garmin offers a robust product portfolio known for quality and innovation—backed by award-winning support—that will continue to benefit our mutual customers now and into the future." –Dan Bartel, Garmin Vice President of Global ...
Garmin (GRMN) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-06-29 07:20
Garmin (GRMN) closed at $162.92 in the latest trading session, marking a +0.56% move from the prior day. This move outpaced the S&P 500's daily loss of 0.41%. At the same time, the Dow lost 0.12%, and the techheavy Nasdaq lost 0.71%. Heading into today, shares of the maker of personal navigation devices had lost 0.47% over the past month, lagging the Computer and Technology sector's gain of 6.52% and the S&P 500's gain of 3.53% in that time. Analysts and investors alike will be keeping a close eye on the pe ...
Garmin (GRMN) Boosts Fitness Offerings With Edge 1050 Launch
ZACKS· 2024-06-29 01:05
The new cycling computer features improved battery life, superior navigation, performance tracking, cycling awareness and smart connectivity. With the new smart cycling computer, Garmin aims to provide an enhanced riding experience to cyclists. Using Edge 1050, cyclists can receive road hazard alerts reported by fellow cyclists, and check in-ride messaging and leaderboards during group rides. The latest launch has expanded Garmin's offerings for cyclists. The company has been witnessing strong traction amon ...
Garmin (GRMN) Strengthens Outdoor Portfolio With Approach Z30
ZACKS· 2024-06-29 00:35
Garmin is expected to gain solid popularity among golfers on the back of its newly launched laser range finder. This solution, which is compatible with several Garmin adventure smartwatches like GPSMAP 67 series, Montana 700 and Alpha 300 series GPS handhelds and the fenix 7 and epix series, will help the company win more customers in Europe for its Outdoor devices. The Zacks Consensus Estimate for 2024 Outdoor revenues is pegged at $1.84 billion, indicating growth of 8.4% year over year. The company also p ...
Garmin Ltd. schedules second quarter 2024 earnings call
Prnewswire· 2024-06-26 20:00
What: Garmin Ltd. Second Quarter 2024 Earnings Call Register: Participants in the U.S. and Canada who wish to join by phone, and analysts who wish to participate in the question-and-answer session should join by dialing 1.800.715.9871. It is recommended that you join 10 minutes prior to the event start (although you may register and dial in at any time during the call). About Garmin Ltd: INVESTOR CONTACT: Teri Seck Garmin International Inc. Phone | 913/397-8200 E-Mail | [email protected] Where: Join the liv ...