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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 1016.47, and so far today it has a volume of 245359. Performance year to date since the 12/8/2000 is 51.23%.

To help you determine whether Garmin Ltd. is undervalued the following values will help you decide. P/E is 20.78 and forward P/E is 21.44. PEG perhaps more useful shows that Garmin Ltd. has a value for PEG of 2.83. P/S ratio is 3.59 and the P/B ratio is 3.22. The P/Cash and P/Free cash flow is 9.86 and 91.22 respectively.

At the current price Garmin Ltd. is trading at, 54.56 (-0.47% today), Garmin Ltd. has a dividend yield of 3.72%, 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 1.31% 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 189.53, and the number of shares float is 101.42. The senior management bring insider ownership to 0.40%, and institutional ownership is at 40.20%. The float short is 9.63%, with the short ratio at a value of 9.61. 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 -2.90%, with 81.11% being its 52 week low. The 20 day simple moving average is 15.80% and the 200 day simple moving average is 36.46%.

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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