|Bid||0.00 x 1200|
|Ask||85.89 x 1100|
|Day's Range||85.92 - 86.61|
|52 Week Range||57.01 - 89.72|
|Beta (3Y Monthly)||1.24|
|PE Ratio (TTM)||23.52|
|Forward Dividend & Yield||2.28 (2.64%)|
|1y Target Est||N/A|
Will Garmin Beat Analysts' Estimates in Q1?(Continued from Prior Part)Stock returns Although Garmin (GRMN) shares have increased investors’ wealth, the stock has remained volatile. Garmin stock returned 32% in 2016, 20% in 2017, and 3.5% in
Min Kao's holdings now trail those of Jonathan Burrell, son of the other Garmin co-founder. Burrell holds an 11.97% stake in the Olathe-based company.
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
Will Garmin Beat Analysts' Estimates in Q1?(Continued from Prior Part)Garmin’s sales in 2019The wearable market continues to grow at a strong pace. The global wearable market shipments rose 31.4% year-over-year in the fourth quarter of 2018.
Will Garmin Beat Analysts' Estimates in Q1?Revenue growth over 5% Garmin (GRMN) is scheduled to announce its first-quarter earnings on May 1. Analysts expect the company to post sales of $731 million in the first quarter—a rise of 5.1% YoY
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares...
The advent of 5G will have a tremendous impact on wearables makers Fitbit (NYSE:FIT) and Garmin (NASDAQ:GRMN), as well as FIT stock and GRMN stock.Source: Shutterstock By enabling wearables to do so much more, and making them so much more indispensable, 5G will make wearables much more popular and valuable, boosting these companies' financials. As a result, FIT and GRMN should both be considered 5G stocks. Monitoring Health and Well-BeingIn the very near future, 5G will enable activity trackers, working together with other devices, to track movements of multiple parts of our bodies, Ian Hughes, an Internet of Things analyst at 451 Research, told Wareable. Hughes used the example of tracking the punches of boxing students. But trainers, human or robotic, could also use 5G technology in conjunction with wearables to monitor the forms and techniques of runners, swimmers, golfers, weightlifters, or just about any athlete.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Marijuana Companies: Which Pot Stocks Should You Buy? The advent of 5G will also enable wearables to more precisely monitor the physical, emotional, and mental well-being of individuals, Bloomberg reported recently.That will enable some obvious real-time applications, like monitoring people who are at high risk of every illness from schizophrenia to heart attacks to sleep apnea to strokes. But some less obvious uses, such as monitoring of employees by employers, could also proliferate.Bloomberg noted that, "In Singapore, for example, cognitive and behavioral science startup Cognifyx has recently teamed up with ride-hailing service Grab to test drivers for mental fatigue." Many employers will probably use wearables to monitor their employees for fatigue and/or stressAs 5G enables wearables to more effectively monitor people's health and well-being, FIT stock and GRMN stock should rise. That's another reason why they should be considered 5G stocks. Location-Based MarketingAlso, 5G looks poised to finally bring about a long-talked-about-but-little-realized application: location-based marketing.Because of the way that 5G technology works, devices that use 5G will broadcast "which building you are in," Fast Company reported.Consequently, marketers who obtain access to mobile data, by paying telecom companies, will be able to determine where consumers are at the moment and the stores and areas they tend to visit.Using 5G technology, marketers will be able to send captivating, location-based ads to consumers' smartwatches. Of course, marketers will probably have to pay Fitbit and Garmin for the privilege of doing that, providing a boost to Fitbit stock and Garmin stock.That yet another reason to view FIT stock and GRMN stock as 5G stocks. Other FunctionsWearables connected with 5G could automatically sense where their wearers are and use that information to give instructions to other devices. For example, a smartwatch could be programmed to start a connected coffee maker as soon as its owner gets out of bed in the morning. 5G-enabled wearables could also inform self-driving cars when their owners are in front of vehicles or when they are about to cross the street.Furthermore, 5G will enable smartwatches to deliver text messages and voice services while still having the long battery lives of Fitbit's devices. Headsets Could Be a Catalyst for FIT Stock and GRMN StockAccording to Wareable:The arrival of 4K video, AR and VR means that a huge amount more video is inevitable. So if there's a single wearable device that is destined for a brighter future because of 5G, it's got to be the head-up display (HUD), which is set to be revolutionized by augmented reality.AR,VR, and 4K video, of course, can be used for many functions, from virtually trying on clothes to greatly enhancing video games to more easily recording great events.Since Fitbit and Garmin have a tremendous head start in the wearables market, and already have well-established brand names, they may be able to become leading sellers of headsets that enable VR,AR, and 4K video, making them even more attractive 5G stocks. The Bottom Line on FIT Stock and GRMN StockFIT and GRMN should both be considered 5G stocks because the proliferation of %G will make smartwatches so much more useful and valuable. Both FIT stock and GRMN stock can be further boosted by 5G if they user their strong brand names to enter the headset market.As of this writing, the author owned shares of Fitbit stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post Fitbit and Garmin Both Are a Solid Play in 5G Stocks appeared first on InvestorPlace.
Are These Tech Stocks Overvalued after Nearing 52-Week Highs?(Continued from Prior Part)Stock returnsConsumer technology company Garmin (GRMN) has generated returns of 49% in the last 12 months. The stock easily outperformed broader markets last
Garmin, Tailored Brands, Amazon, China Mobile and Lloyds highlighted as Zacks Bull and Bear of the Day
Alarm.com (ALRM) recently unveils access control and video solutions that allow businesses to securely manage access to multiple business locations and view live videos through a single dashboard.
Fitbit Stock Has Been Volatile This Year—What Lies Ahead?(Continued from Prior Part)Smartwatch accounted for 44% of total sales last year Fitbit (FIT) is one of the top players in the wearables space. It competes with tech giants such as Apple and
While investors may disagree over Apple's (NASDAQ:AAPL) nearer-term movements, the longer-term view features much more consensus. Yes, the vaunted consumer-technology giant faces some serious questions, particularly regarding the era "peak smartphone." Yet, management's constant push toward other sectors provides Apple stock with a second wind.Source: Via AppleThis is especially true when it comes to the $3.5 trillion healthcare industry. Thanks to the ever-rising merger between society and technology, it's only logical that an organization like AAPL would seek opportunities in health and wellness. Specifically, the wearables revolution can offer an alternative revenue channel to support the heavily-saturated devices segment.Among wearables rivals such as Garmin (NASDAQ:GRMN) and Fitbit (NYSE:FIT), the ultimate prize is the development of high-end biosensors. Current portable devices are able to track one's footsteps, heart rate and even sleep patterns. However, taking this tech to the next level -- such as non-invasive blood-sugar monitoring systems -- represents the goldmine.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIf Apple can get there first, the achievement could send AAPL stock skyrocketing. Morgan Stanley estimates that on the upper end, the company's health division could rake in $313 billion by 2027. For context, Apple's revenue last year was $266 billion. * 7 High-Risk Stocks With Big Potential Rewards Additionally, AAPL has built relationships with health insurers. Many of them are willing to pay for at least a portion of current-generation Apple Watches issued for their clientele. With future biosensor-armed products, this partnership will likely further bolster Apple stock.Considering the company's vast resources, it's a tall order to beg against it. However, you should know three health-related headwinds before jumping onboard AAPL stock. Medical Tech May Never Catch Up to the HypeMost of us are familiar with Moore's Law. Roughly paraphrasing, advancements in semiconductor performance will require exponentially larger financial investments. Eventually, you'll reach a point where a computer chip can't get any smaller due to physical restraints.A similar principle may impact wearable devices. If so, the case for Apple stock -- at least as it relates to healthcare -- may quickly collapse.Right now, futurists are excited about the potential of biosensors. However, no one has come close to developing a consistent, accurate and non-invasive platform to measure critical health metrics.Worse yet, such technology may be impossible to reach. Any device can measure "exterior" signals, such as a heartbeat. But blood-sugar levels for diabetics? That's an internal, molecular dynamic that necessarily requires intrusion for measurement-taking purposes.Please note that Intuitive Surgical's (NASDAQ:ISRG) ultra-advanced da Vinci surgical system is minimally invasive, not non-invasive. Like I said, no one has cracked this key. If Apple does, AAPL stock goes to the moon. But that's an aggressive bet. No, Privacy Issues Are Not Tailwinds for Apple stockAAPL's management team recently boasted that they signed up 419,000 people to participate in a health study involving Apple Watch. To many observers, that's a sign that most Americans trust Apple to handle their medical data with utmost care.Admittedly, that's a massive number, especially for a medical research study. However, I wouldn't conflate that figure with overwhelming trust for AAPL.As Facebook's (NASDAQ:FB) various controversies demonstrated, Americans are rightfully sensitive about their privacy. And in this case, we're just talking about inconsequential stuff. But when you broach the topic of personal health? The walls will come up faster than a presidential tweet.That's because disclosing health-related issues may lead to serious consequences. For instance, if you admit to having cancer, you'll have substantial difficulties getting life insurance. Thus, it really pays for Americans to keep their medical records on a strict, need-to-know basis.So no, Apple stock won't benefit from public trust. AAPL Stock May Suffer 'Dilutive' EffectAnyone can appreciate Morgan Stanley's bullishness on Apple stock. Thanks to its large network of health insurance partnerships, the company can distribute future wearables on a grand scale.At the same time, it would dilute Apple's brand. After all, the company carefully cultivated an image of exclusivity, and its products' price points reflect it. However, mass distribution through health-related networks certainly contradicts decades of marketing.Therefore, AAPL may find itself in a position winning one battle at the expense of another. In other words, there's a reason why airport rentals don't typically offer exotic sports cars from Ferrari (NYSE:RACE). You can't lead in exclusivity and volume.On a surface level, it's easy to get excited over the burgeoning health opportunities. However, a closer look reveals that the case for AAPL stock isn't quite so clear-cut.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Data Center Buys That Deliver Sizable Income * 7 High-Risk Stocks With Big Potential Rewards * 3 Marijuana Stocks to Watch as New York, New Jersey Delay Legalization Compare Brokers The post 3 Health-Related Headwinds to Consider Before Taking the Apple Stock Plunge appeared first on InvestorPlace.
Fitbit Stock Has Been Volatile This Year—What Lies Ahead?Fitbit stock is up over 11% in 2019Shares of consumer tech company Fitbit (FIT) are up over 11% so far in 2019. From the start of this year to February 27, 2019, the stock rose 28%. It then
Trimble (TRMB) will demonstrate its Trimble WorksManager Software at bauma 2019 in a bid to enhance its offerings in the construction business.
Typically, when the shares of a publicly-traded company rise 23% over the last year, no one questions the company's viability. However, Fitbit (NYSE:FIT) stock, which has jumped 23% over the last 12 months, isn't quite typical.While the enthusiasm toward Fitbit stock encourages speculators, the company's fourth-quarter earnings report, which was unveiled at the end of February, left many observers disappointed.On paper, management delivered the goods in Q4. InvestorPlace - Stock Market News, Stock Advice & Trading TipsSource: Shutterstock Consensus estimates pegged earnings per share at 8 cents. The wearable-device maker trounced that target, generating earnings of 14 cents per share of Fitbit stock.The Q4 results also marked a conspicuous departure from the disaster of 2017's Q4, which featured an EPS loss of 2 cents. At that time, analysts on average had expected FIT to break even. * 7 Biometric Stocks to Watch as AI Rises Unfortunately, the revenue picture spoiled the company's Q4 results which it reported six weeks ago. In Q4, the company rang up a little over $571 million of revenue, representing a miniscule year-over-year gain.If the embattled organization only had to address one quarterly miscue, FIT stock wouldn't be as risky. However, the ugly print is only part of FIT's problems.First, the fitness-tracker industry is heavily commoditized. While Fitbit stock initially rose on the novelty of the company's products, it's no longer the only show in town. And, thanks to the price declines of technology, competitors don't have to spend much to deliver a competent product.Second, those competitors read like a who's who of consumer-electronics titans. Apple (NASDAQ:AAPL), Garmin (NASDAQ:GRMN) and even Amazon (NASDAQ:AMZN) either directly compete with Fitbit or are encroaching on its territory.If that wasn't bad enough, fitness trackers represent a small portion of these giants' revenue stream. But for FIT stock, fitness is everything. The Dangerous but Intriguing Case for Fitbit StockLooking at all the evidence, the safest approach to FIT stock is to not deal with it at all. Like a lot of folks, I have a soft spot for the underdog. But sometimes, the bullies are too big and too strong.Plus, earlier this year, InvestorPlace columnist Vince Martin labeled Fitbit stock "dead money." He's right. Since early 2017, Fitbit stock price has gone absolutely nowhere.At the same time, it's not entirely inconceivable for the Fitbit stock price to move significantly higher. Although the company's core retail segment is extremely saturated. saturation can be defeated through differentiation.When approaching FIT, an overriding temptation exists to only focus on the company's products themselves. While its products obviously matter, they're only half of the equation. The other half involves the company's unparalleled network size and engagement.In early 2018, Fitbit boasted 25.4 million active users. Out of this number, 20 million users utilized the company's app, which features a host of practical advice along with a supportive community.Today, that active-user count has exceeded 27 million, while FIT's overall unit sales have declined. I'm obviously not a fan of the company's negative revenue trend, but the company's high engagement is positive. With strong active user growth in a saturated market, FIT clearly resonates with audiences.Perhaps engagement alone won't be enough to save the company's fitness trackers. However, management can use this engagement to help it sell medical devices and other health-related ventures. Moving into that arena requires trust. As Fitbit's active-user tally shows, it's a proven brand that appeals to many consumers.Therefore, the company enjoys credibility while everyone else is merely throwing product. Over the long run, this could translate to outsized gains for Fitbit stock. Execution Also MattersOf course, we can talk all day about what management can do. But until it unveils a feasible plan, I'm afraid the Fitbit stock price will remain range-bound.In other words, execution matters, not just a great narrative. But I think one of the mistakes people make is assuming that FIT stock lacks viable, potential, positive catalysts.Based on the magnitude of FIT's engagement, I don't think that's true at all. However, the company has to put everything together. Whether or not it can do so is a question mark, which makes Fitbit stock a high-risk, high-reward proposition.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Low-Priced Tech Stocks With Great Potential * 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure * The Era of Car Ownership Is Over. And These 4 Charts Prove It Compare Brokers The post Devices Are Just One Component of Fitbit Stock appeared first on InvestorPlace.
Insider Monkey finished processing more than 700 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of December 31st, 2018. In this article we are going to take a look at smart money sentiment towards Garmin Ltd. (NASDAQ:GRMN). Garmin Ltd. (NASDAQ:GRMN) shareholders have witnessed an increase in […]
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