The company in question is, Garmin Ltd. (NASDAQ:GRMN) currently with a stock price of 48.5 (1.08% today). The market cap for Garmin Ltd. is 9039.91, and is in the sector Technology, and Scientific & Technical Instruments industry. The target price for Garmin Ltd. is 46.6. Currently Garmin Ltd. is trading with a P/E of 18.19, and a forward P/E of 18.71. Average volume for Garmin Ltd. is 1329.72 and so far today it is 479132.
Performance in the last year for Garmin Ltd. has been 36.42%. For EPS growth, Garmin Ltd. has seen a growth of 27.30%, and is looking to grow in the next year to 1.50%. More long term stats show that EPS growth has been -4.20% over the last five years and could be 6.70% for the next five years. Garmin Ltd. has seen sales growth quarter over quarter at 4.90%, with EPS growth quarter over quarter at 18.30%. The 20-day simple moving average is -2.88%, with the 200-day simple moving average coming to 14.97%.
Since the IPO date for Garmin Ltd. on the 12/08/2000, Garmin Ltd. has seen performance year to date to be 33.79%. With Garmin Ltd. trading at 48.5, the dividend yield is 4.25%, and the EPS is 2.64.
So could Garmin Ltd., be undervalued? Well as said before P/E is 18.19. The PEG is 2.71, P/S is 3.12 and the P/B is at 2.82. The P/cash is 8.58, with P/free cash flow at 79.37.
Garmin Ltd. ability to deal with debt shows that the current ratio is 2.2, and the quick ratio is 1.7. This is with long term debt/equity at 0, and total debt/equity at 0.
In terms of margins, Garmin Ltd. has a gross margin of 54.50%, an operating margin of 19.90% and a profit margin of 17.30%.Payout ratio for Garmin Ltd. is 77.20%. Return on assets come to 11.20% with return on investment coming to 13.10%.
Insider ownership for Garmin Ltd., is at 0.50% and institutional ownership comes to 39.10%. Outstanding shares are at 188.41. While shares float is 101.44. The float short is currently 12.66%, and short ratio is 9.66.