Atlantic Equities Downgrades Garmin Ltd. (GRMN) to Neutral

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BofA/Merrill Lynch Upgrades Garmin Ltd. (GRMN) to Buy; Pullback Overdone

February 19, 2015 6:34 AM EST

BofA/Merrill Lynch upgraded Garmin Ltd. (NASDAQ: GRMN) from Neutral to Buy with a price target of $65.00 (from $60.00), saying the pullback is overdone.

Analyst Ronald Epstein notes shares were down 10.7% post earnings on concerns regarding revenue growth and margins for the Fitness... More

Needham & Compnay Adjusts Ests on Garmin (GRMN) Following Q4 Report, Outlook; Fitness Strength Saves the Quarter

February 18, 2015 3:22 PM EST

Needham & Company affirms Garmin (Nasdaq: GRMN) at Hold following Q4 results and mixed FY15 guidance.

Analyst Richard Valera noted that results were bolstered from upside in Fitness, while Outdoor and Aviation failed to meet expectations. We are impressed by GRMN's growth in... More

Garmin Ltd. (GRMN) Declares $0.48 Quarterly Dividend; Plans Dividend Hike

February 18, 2015 7:23 AM EST

Garmin Ltd. (NASDAQ: GRMN) declared a quarterly dividend of $0.48 per share, or $1.92 annualized.

The dividend will be payable on March 31, 2015, to stockholders of record on March 16, 2015, with an ex-dividend date of March 12, 2015.

The annual yield on the dividend is 3.4... More

Garmin Ltd. (GRMN) Misses Q4 EPS by 1c; Issues FY15 Outlook

February 18, 2015 7:02 AM EST

Garmin Ltd. (NASDAQ: GRMN) reported Q4 EPS of $0.77, $0.01 worse than the analyst estimate of $0.78. Revenue for the quarter came in at $803.3 million versus the consensus estimate of $789.9 million.

Garmin Ltd. sees FY2015 EPS of $3.10, versus the consensus of $3.24. Garmin Ltd. sees FY2015 revenue of... More