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Garmin (GRMN) Competitors

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$224.67 -4.34 (-1.90%)
Closing price 03:59 PM Eastern
Extended Trading
$222.39 -2.28 (-1.02%)
As of 07:57 PM Eastern
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GRMN vs. UEIC, NOC, LHX, TDY, DRS, NXT, LUNR, NN, 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), Intuitive Machines (LUNR), NextNav (NN), 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 superior business? We will contrast the two companies based on the strength of their risk, valuation, institutional ownership, earnings, community ranking, media sentiment, dividends, profitability and analyst recommendations.

Universal Electronics has a beta of 1.19, meaning that its stock price is 19% more volatile than the S&P 500. Comparatively, Garmin has a beta of 0.98, meaning that its stock price is 2% less volatile than the S&P 500.

Universal Electronics currently has a consensus price target of $14.50, suggesting a potential upside of 77.91%. Garmin has a consensus price target of $195.67, suggesting a potential downside of 12.91%. Given Universal Electronics' stronger consensus rating and higher possible upside, equities 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)
2 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
1.83

79.4% 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 company insiders. Comparatively, 19.5% of Garmin shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Garmin had 48 more articles in the media than Universal Electronics. MarketBeat recorded 65 mentions for Garmin and 17 mentions for Universal Electronics. Garmin's average media sentiment score of 0.80 beat Universal Electronics' score of -0.08 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
2 Very Positive mention(s)
0 Positive mention(s)
8 Neutral mention(s)
3 Negative mention(s)
1 Very Negative mention(s)
Neutral
Garmin
28 Very Positive mention(s)
9 Positive mention(s)
21 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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$420.46M0.25-$98.24M-$2.05-3.98
Garmin$6.30B6.85$1.29B$7.3130.73

Garmin has a net margin of 22.42% compared to Universal Electronics' net margin of -6.96%. 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-6.96% -8.61% -4.39%
Garmin 22.42%19.31%15.66%

Garmin received 117 more outperform votes than Universal Electronics when rated by MarketBeat users. However, 57.73% of users gave Universal Electronics an outperform vote while only 51.83% of users gave Garmin an outperform vote.

CompanyUnderperformOutperform
Universal ElectronicsOutperform Votes
336
57.73%
Underperform Votes
246
42.27%
GarminOutperform Votes
453
51.83%
Underperform Votes
421
48.17%

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$43.14B$15.67B$26.21B$20.05B
Dividend Yield1.24%1.84%2.75%3.65%
P/E Ratio30.7316.1746.3434.88
Price / Sales6.8548.562,530.4015.44
Price / Cash28.8921.4935.5720.85
Price / Book5.5038.136.864.92
Net Income$1.29B$687.20M$731.18M$1.02B
7 Day Performance5.79%0.36%-2.01%-1.05%
1 Month Performance3.14%-5.44%0.09%-1.39%
1 Year Performance68.04%43.00%20.24%13.93%

Garmin Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GRMN
Garmin
4.1109 of 5 stars
$224.67
-1.9%
$195.67
-12.9%
+86.2%$43.14B$6.30B30.7319,900Earnings Report
Dividend Increase
Analyst Forecast
News Coverage
UEIC
Universal Electronics
4.4431 of 5 stars
$9.79
+0.3%
$14.50
+48.1%
+9.8%$127.56M$420.46M-4.784,177Earnings Report
Analyst Downgrade
News Coverage
NOC
Northrop Grumman
4.6392 of 5 stars
$438.70
-3.6%
$544.56
+24.1%
-3.4%$63.51B$41.03B15.4897,000Dividend Announcement
Positive News
High Trading Volume
LHX
L3Harris Technologies
4.9246 of 5 stars
$198.02
-1.0%
$262.67
+32.6%
-6.9%$37.56B$21.33B25.1650,000
TDY
Teledyne Technologies
3.5441 of 5 stars
$489.74
-1.9%
$538.00
+9.9%
+16.3%$22.82B$5.67B28.4214,900
DRS
Leonardo DRS
2.9612 of 5 stars
$29.07
-9.6%
$33.00
+13.5%
+48.7%$7.69B$2.83B39.286,600Earnings Report
Dividend Announcement
Analyst Forecast
Buyback Announcement
News Coverage
High Trading Volume
NXT
Nextracker
3.6302 of 5 stars
$47.30
+3.0%
$56.50
+19.5%
-17.8%$6.89B$2.50B12.041,050
LUNR
Intuitive Machines
1.1 of 5 stars
$19.62
+2.4%
$15.83
-19.3%
+79.4%$2.75B$79.52M-6.671
NN
NextNav
2.0598 of 5 stars
$12.72
+4.0%
$20.00
+57.2%
+186.9%$1.66B$4.96M-16.9660
IPAX
Inflection Point Acquisition
N/A$19.62
+2.4%
N/A+78.2%$808.72MN/A0.001News Coverage
High Trading Volume
CODA
Coda Octopus Group
2.8241 of 5 stars
$7.89
-1.3%
$11.00
+39.4%
+41.7%$88.53M$20.32M23.9180

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This page (NYSE:GRMN) was last updated on 2/21/2025 by MarketBeat.com Staff
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