U.S. Markets open in 3 hrs 29 mins

Are Garmin Shares Overvalued?

Adam Rogers
Are Garmin Shares Overvalued?

Will Garmin Beat Analysts' Estimates in Q1?(Continued from Prior Part)High forward PE ratioGarmin (GRMN) shares are trading a forward 2019 PE ratio of 23.4x. The ratio is 21.9x for 2020. Compared to Garmin’s earnings growth of 1.6% for 2019 and