At 22:32 Beijing time on May 22, 2024, Garmin's (GRMN.us) stock changed, and its stock price plunged by 5.06%. As of press time, the stock was reported at US$162.09/share, with a trading volume of 426,377 shares, a turnover rate of 0.22%, and an amplitude of 4.02%.
recentbeatlebingoFinancial report data showed that the stock achieved operating income of US$1.382 billion, net profit of US$276 million, earnings per share of US$1.44, gross profit of US$802 million, and a P/E ratio of 22.88 times.
In terms of institutional ratings, among all 10 institutions participating in the rating, 70% of brokers gave hold advice, 30% gave sell advice, and no brokerage gave buy advice.
In the technology equipment industry where Garmin shares are located, the overall decline was 0.29%. Among its related stocks, Luna Innovations Incorporated, Genasys Inc., Sobr Safebeatlebingo, Inc. gained a large increase, Aerwins Technologies Inc., Luna Innovations Incorporated and Keysight Technology are relatively active, with turnover rates of 6.49%, 0.44%, and 0.23%, respectively. Related stocks with larger amplitudes include Saverone 2014 Ltd, Aerwins Technologies Inc., Luna Innovations Incorporated, with amplitudes of 14.13%, 10.29%, and 7.86%, respectively.
Garmin Company Profile: Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoor, automotive, aviation and maritime. The company relies on authorized map data to allow its hardware to be dedicated to niche activities such as diving or sailing. Garmin operates in 100 countries and sells its products through distributors and relationships with original equipment manufacturers.
At the news level, as of 22:32,"B of A Securities: Downgraded Garmin(GRMN.US) rating from neutral to below the market rating, and adjusted its target price from US$165.00 to US$150.00." Information is important information that affects Garmin. The information is summarized as follows: B of A Securities: Downgraded Garmin(GRMN.US) rating from neutral to below the market rating, and adjusted its target price from US$165.00 to US$150.00.
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