Free Trial

Garmin (GRMN) Competitors

Garmin logo
$190.53 +1.57 (+0.83%)
Closing price 03:59 PM Eastern
Extended Trading
$194.03 +3.50 (+1.84%)
As of 05:38 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

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 stock? We will compare the two businesses based on the strength of their profitability, earnings, media sentiment, analyst recommendations, dividends, risk, institutional ownership, valuation and community ranking.

Universal Electronics has a beta of 1.36, indicating that its stock price is 36% more volatile than the S&P 500. Comparatively, Garmin has a beta of 0.92, indicating that its stock price is 8% less volatile than the S&P 500.

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 51.83% of users gave Garmin an outperform vote.

CompanyUnderperformOutperform
Universal ElectronicsOutperform Votes
337
57.80%
Underperform Votes
246
42.20%
GarminOutperform Votes
454
51.83%
Underperform Votes
422
48.17%

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

Universal Electronics presently has a consensus target price of $14.50, indicating a potential upside of 191.16%. Garmin has a consensus target price of $202.80, indicating a potential upside of 6.44%. Given Universal Electronics' stronger consensus rating and higher probable upside, research analysts plainly 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 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$394.88M0.17-$98.24M-$1.85-2.69
Garmin$6.30B5.82$1.29B$7.3126.06

In the previous week, Garmin had 23 more articles in the media than Universal Electronics. MarketBeat recorded 23 mentions for Garmin and 0 mentions for Universal Electronics. Universal Electronics' average media sentiment score of 1.89 beat Garmin's score of 1.19 indicating that Universal Electronics is being referred to more favorably in the media.

Company Overall Sentiment
Universal Electronics Very Positive
Garmin Positive

Summary

Garmin beats Universal Electronics on 13 of the 19 factors compared between the two stocks.

Get Garmin News Delivered to You Automatically

Sign up to receive the latest news and ratings for GRMN and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart

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.
Skip Chart

GRMN vs. The Competition

MetricGarminSearch & navigation equipment IndustryComputer SectorNYSE Exchange
Market Cap$36.66B$15.08B$21.40B$18.42B
Dividend Yield1.56%1.60%3.00%4.22%
P/E Ratio26.0617.6639.3431.10
Price / Sales5.8232.562,293.9026.57
Price / Cash27.3421.6034.6317.54
Price / Book4.6720.245.674.30
Net Income$1.29B$687.20M$735.23M$1.02B
7 Day Performance2.03%1.90%2.02%2.90%
1 Month Performance-10.31%-4.05%-6.89%-7.77%
1 Year Performance35.11%20.91%52,740.85%2.31%

Garmin Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GRMN
Garmin
3.9032 of 5 stars
$190.53
+0.8%
$202.80
+6.4%
+33.2%$36.66B$6.30B26.0619,700Analyst Forecast
Short Interest ↓
Positive News
UEIC
Universal Electronics
4.6103 of 5 stars
$5.23
+5.0%
$14.50
+177.2%
-52.8%$68.58M$394.88M-2.833,940
NOC
Northrop Grumman
4.1618 of 5 stars
$535.86
+0.4%
$543.65
+1.5%
+19.6%$77.24B$41.03B18.9195,000Upcoming Earnings
Analyst Forecast
News Coverage
Positive News
LHX
L3Harris Technologies
4.5431 of 5 stars
$222.60
+0.3%
$256.94
+15.4%
+9.4%$41.79B$21.33B28.2846,000Upcoming Earnings
Dividend Announcement
Analyst Forecast
Positive News
TDY
Teledyne Technologies
3.6801 of 5 stars
$467.29
+0.5%
$548.00
+17.3%
+15.0%$21.89B$5.67B27.1214,700Upcoming Earnings
Analyst Upgrade
Short Interest ↑
Positive News
DRS
Leonardo DRS
2.6262 of 5 stars
$35.50
+1.1%
$34.83
-1.9%
+66.9%$9.41B$3.23B44.946,580Analyst Forecast
Positive News
NXT
Nextracker
3.629 of 5 stars
$40.73
+3.8%
$56.05
+37.6%
-9.1%$5.93B$2.77B10.361,050Analyst Forecast
NN
NextNav
2.3689 of 5 stars
$12.34
+2.0%
$20.00
+62.1%
+48.9%$1.62B$5.67M-16.4560Positive News
Gap Down
LUNR
Intuitive Machines
2.9494 of 5 stars
$7.73
+0.1%
$16.00
+107.0%
+50.2%$1.38B$228M-2.631Insider Trade
Gap Down
IPAX
Inflection Point Acquisition
N/A$7.72
-1.5%
N/A+60.3%$318.21MN/A0.001Gap Down
High Trading Volume
CODA
Coda Octopus Group
3.2468 of 5 stars
$6.20
-0.6%
$11.00
+77.4%
+5.0%$69.63M$21.06M18.7980High Trading Volume

Related Companies and Tools


This page (NYSE:GRMN) was last updated on 4/17/2025 by MarketBeat.com Staff
From Our Partners