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Garmin (GRMN) Competitors

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$215.50 +0.94 (+0.44%)
As of 01/17/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

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.

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

Garmin received 121 more outperform votes than Universal Electronics when rated by MarketBeat users. However, 57.44% of users gave Universal Electronics an outperform vote while only 52.07% of users gave Garmin an outperform vote.

CompanyUnderperformOutperform
GarminOutperform Votes
453
52.07%
Underperform Votes
417
47.93%
Universal ElectronicsOutperform Votes
332
57.44%
Underperform Votes
246
42.56%

Garmin has a beta of 0.98, suggesting that its stock price is 2% less volatile than the S&P 500. Comparatively, Universal Electronics has a beta of 1.2, suggesting that its stock price is 20% more volatile than the S&P 500.

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
Garmin$5.96B6.95$1.29B$7.8827.35
Universal Electronics$420.46M0.33-$98.24M-$2.05-5.15

Garmin has a net margin of 25.48% compared to Universal Electronics' net margin of -6.96%. Garmin's return on equity of 17.99% beat Universal Electronics' return on equity.

Company Net Margins Return on Equity Return on Assets
Garmin25.48% 17.99% 14.59%
Universal Electronics -6.96%-8.61%-4.39%

Garmin currently has a consensus price target of $171.00, indicating a potential downside of 20.65%. Universal Electronics has a consensus price target of $14.50, indicating a potential upside of 37.31%. Given Universal Electronics' stronger consensus rating and higher possible upside, analysts clearly believe Universal Electronics is more favorable than Garmin.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Garmin
3 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
1.83
Universal Electronics
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

In the previous week, Garmin had 13 more articles in the media than Universal Electronics. MarketBeat recorded 16 mentions for Garmin and 3 mentions for Universal Electronics. Universal Electronics' average media sentiment score of 0.69 beat Garmin's score of 0.64 indicating that Universal Electronics is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Garmin
9 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Universal Electronics
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

81.6% of Garmin shares are owned by institutional investors. Comparatively, 79.4% of Universal Electronics shares are owned by institutional investors. 19.5% of Garmin shares are owned by insiders. Comparatively, 9.4% of Universal Electronics shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Summary

Garmin beats Universal Electronics on 13 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$41.38B$16.37B$27.12B$19.94B
Dividend Yield1.40%1.81%2.78%3.71%
P/E Ratio27.3518.85237.0841.41
Price / Sales6.9554.323,720.9916.25
Price / Cash31.9721.0634.3219.84
Price / Book5.8839.998.395.76
Net Income$1.29B$493.28M$669.90M$993.25M
7 Day Performance3.54%4.10%3.66%3.12%
1 Month Performance3.12%15.45%4.89%4.75%
1 Year Performance71.74%137.06%24.37%18.83%

Garmin Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GRMN
Garmin
4.2341 of 5 stars
$215.50
+0.4%
$171.00
-20.7%
+71.7%$41.38B$5.96B27.3519,900
UEIC
Universal Electronics
4.6623 of 5 stars
$9.86
+0.3%
$14.50
+47.1%
+19.9%$128.46M$382.02M-4.813,940
NOC
Northrop Grumman
4.9416 of 5 stars
$475.04
+3.6%
$551.40
+16.1%
+2.6%$69.21B$40.99B29.4395,000Analyst Upgrade
Positive News
LHX
L3Harris Technologies
4.8158 of 5 stars
$213.23
+2.4%
$266.31
+24.9%
+6.5%$40.44B$21.14B33.6950,000
TDY
Teledyne Technologies
4.0701 of 5 stars
$459.92
+0.8%
$531.00
+15.5%
+8.7%$21.43B$5.59B23.2514,700Upcoming Earnings
DRS
Leonardo DRS
1.6889 of 5 stars
$33.53
+1.4%
$32.17
-4.1%
+86.6%$8.87B$3.18B45.316,600Short Interest ↑
NXT
Nextracker
2.7748 of 5 stars
$40.44
-1.6%
$53.10
+31.3%
+1.5%$5.89B$2.80B10.081,050Upcoming Earnings
LUNR
Intuitive Machines
1.8036 of 5 stars
$16.67
-6.7%
$15.80
-5.2%
+609.2%$2.34B$203.90M-5.671
NN
NextNav
3.0713 of 5 stars
$12.72
+6.2%
$20.00
+57.2%
+234.8%$1.66B$4.96M-16.9660
IPAX
Inflection Point Acquisition
N/A$17.87
-4.9%
N/A+609.2%$736.58MN/A0.001High Trading Volume
CODA
Coda Octopus Group
3.7389 of 5 stars
$8.63
-1.9%
$11.00
+27.5%
+23.0%$96.61M$18.82M31.9680Short Interest ↓
Positive News

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This page (NYSE:GRMN) was last updated on 1/21/2025 by MarketBeat.com Staff
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