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Is Garmin Ltd.(NASDAQ: GRMN), a large market cap stock a smart buy?

With a market cap of has a large market cap size. Garmin Ltd. (NASDAQ: GRMN) has been on the stock market since its IPO date on the 12/8/2000. Garmin Ltd. is in the Scientific & Technical Instruments industry and Technology sector. Average volume for Garmin Ltd., is 922.52, and so far today it has a volume of 1748582. Performance year to date since the 12/8/2000 is 49.88%.

To help you determine whether Garmin Ltd. is undervalued the following values will help you decide. P/E is 20.6 and forward P/E is 21.45. PEG perhaps more useful shows that Garmin Ltd. has a value for PEG of 2.8. P/S ratio is 3.49 and the P/B ratio is 3.19. The P/Cash and P/Free cash flow is 9.6 and 88.78 respectively.

At the current price Garmin Ltd. is trading at, 55.54 (2.24% today), Garmin Ltd. has a dividend yield of 3.75%, and this is covered by a payout ratio of 77.20%. Earnings per share (EPS) is 2.64, and this is looking to grow in the next year to 1.65% after growing 27.30% this past year. EPS growth quarter over quarter is 18.30%, and 4.90% for sales growth quarter over quarter.

The number of shares outstanding is 186.13, and the number of shares float is 101.6. The senior management bring insider ownership to 0.30%, and institutional ownership is at 40.10%. The float short is 9.63%, with the short ratio at a value of 10.6. Management has seen a return on assets of 11.20%, and also a return on investment of 13.10%.

The ability for Garmin Ltd., to deal with debt, means it current ratio is 2.2, and quick ratio is 1.7. Long term debt/equity is 0 and total debt/equity is 0. In terms of margins, Garmin Ltd. has a gross margin of 54.50%, with its operating margin at 19.90%, and Garmin Ltd. has a profit margin of 17.30%.

The 52 week high is 1.25%, with 84.38% being its 52 week low. The 20 day simple moving average is 28.37% and the 200 day simple moving average is 44.37%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.


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Stephen Butters

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