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Garmin (GRMN) Competitors

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$213.58 -3.38 (-1.56%)
As of 03:52 PM Eastern
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GRMN vs. UEIC, NOC, LHX, TDY, DRS, NXT, NN, LUNR, IPAX, and CODA

Should you be buying Garmin stock or one of its competitors? The main competitors of Garmin include Universal Electronics (UEIC), Northrop Grumman (NOC), L3Harris Technologies (LHX), Teledyne Technologies (TDY), Leonardo DRS (DRS), Nextracker (NXT), NextNav (NN), Intuitive Machines (LUNR), Inflection Point Acquisition (IPAX), and Coda Octopus Group (CODA).

Garmin vs.

Universal Electronics (NASDAQ:UEIC) and Garmin (NYSE:GRMN) are both computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, risk, community ranking, institutional ownership, dividends, earnings, analyst recommendations, media sentiment and profitability.

Garmin has higher revenue and earnings than Universal Electronics. Universal Electronics is trading at a lower price-to-earnings ratio than Garmin, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Universal Electronics$394.88M0.22-$98.24M-$1.85-3.57
Garmin$6.30B6.62$1.29B$7.3129.63

Universal Electronics presently has a consensus target price of $14.50, suggesting a potential upside of 119.70%. Garmin has a consensus target price of $210.80, suggesting a potential downside of 2.68%. Given Universal Electronics' stronger consensus rating and higher probable upside, research analysts clearly believe Universal Electronics is more favorable than Garmin.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Universal Electronics
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
Garmin
3 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
1.80

Garmin has a net margin of 22.42% compared to Universal Electronics' net margin of -6.09%. Garmin's return on equity of 19.31% beat Universal Electronics' return on equity.

Company Net Margins Return on Equity Return on Assets
Universal Electronics-6.09% -3.67% -1.88%
Garmin 22.42%19.31%15.66%

Garmin received 117 more outperform votes than Universal Electronics when rated by MarketBeat users. However, 57.80% of users gave Universal Electronics an outperform vote while only 51.89% of users gave Garmin an outperform vote.

CompanyUnderperformOutperform
Universal ElectronicsOutperform Votes
337
57.80%
Underperform Votes
246
42.20%
GarminOutperform Votes
454
51.89%
Underperform Votes
421
48.11%

Universal Electronics has a beta of 1.21, suggesting that its stock price is 21% more volatile than the S&P 500. Comparatively, Garmin has a beta of 0.96, suggesting that its stock price is 4% less volatile than the S&P 500.

79.3% of Universal Electronics shares are owned by institutional investors. Comparatively, 81.6% of Garmin shares are owned by institutional investors. 9.4% of Universal Electronics shares are owned by insiders. Comparatively, 19.5% of Garmin shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

In the previous week, Garmin had 29 more articles in the media than Universal Electronics. MarketBeat recorded 37 mentions for Garmin and 8 mentions for Universal Electronics. Garmin's average media sentiment score of 0.86 beat Universal Electronics' score of 0.41 indicating that Garmin is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Universal Electronics
1 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Garmin
23 Very Positive mention(s)
2 Positive mention(s)
11 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Garmin beats Universal Electronics on 14 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GRMN vs. The Competition

MetricGarminSearch & navigation equipment IndustryComputer SectorNYSE Exchange
Market Cap$41.68B$15.26B$23.54B$19.62B
Dividend Yield1.44%1.61%2.83%3.75%
P/E Ratio29.6317.8142.6733.60
Price / Sales6.6235.451,996.5027.47
Price / Cash27.3421.6034.6517.54
Price / Book5.3122.396.244.60
Net Income$1.29B$687.20M$736.56M$1.02B
7 Day Performance3.25%1.92%-0.16%0.37%
1 Month Performance-5.36%-7.79%49,627.54%-2.45%
1 Year Performance45.44%20.21%52,154.11%5.03%

Garmin Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GRMN
Garmin
3.3331 of 5 stars
$213.58
-1.6%
$210.80
-1.3%
+46.4%$41.10B$6.30B29.2219,700Short Interest ↑
UEIC
Universal Electronics
4.5168 of 5 stars
$6.67
+3.5%
$14.50
+117.6%
-34.8%$87.39M$394.88M-3.603,940
NOC
Northrop Grumman
4.3527 of 5 stars
$494.97
+0.9%
$542.88
+9.7%
+7.7%$71.68B$41.03B17.4795,000Analyst Upgrade
Positive News
LHX
L3Harris Technologies
4.8751 of 5 stars
$210.89
+1.4%
$261.40
+24.0%
+0.2%$39.55B$21.33B26.7746,000Positive News
TDY
Teledyne Technologies
3.7165 of 5 stars
$507.33
+1.1%
$548.00
+8.0%
+18.1%$23.75B$5.67B29.4314,700Positive News
DRS
Leonardo DRS
2.5586 of 5 stars
$34.08
+3.3%
$34.83
+2.2%
+53.3%$9.02B$3.23B43.046,580Positive News
NXT
Nextracker
3.9478 of 5 stars
$45.32
+2.4%
$56.43
+24.5%
-26.3%$6.60B$2.77B11.531,050Positive News
NN
NextNav
2.7875 of 5 stars
$12.80
+6.9%
$20.00
+56.3%
+88.1%$1.68B$5.67M-17.0060
LUNR
Intuitive Machines
3.6398 of 5 stars
$9.19
+29.7%
$16.38
+78.1%
+20.2%$1.29B$203.90M-3.131Earnings Report
Analyst Forecast
Analyst Revision
Gap Up
High Trading Volume
IPAX
Inflection Point Acquisition
N/A$7.09
-0.3%
N/A+42.9%$292.24MN/A0.001Gap Down
High Trading Volume
CODA
Coda Octopus Group
2.9715 of 5 stars
$6.47
-3.3%
$11.00
+70.0%
+7.8%$72.60M$21.06M19.5980
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This page (NYSE:GRMN) was last updated on 3/28/2025 by MarketBeat.com Staff
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