Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on Garmin Ltd (GRMN) today. The company’s shares opened today at $65.30.
According to TipRanks.com, Feinseth is a 5-star analyst with an average return of 16.9% and a 64.8% success rate. Feinseth covers the Services sector, focusing on stocks such as Southwest Airlines, Nordstrom Inc, and Walt Disney.
Currently, the analyst consensus on Garmin Ltd is a Moderate Buy with an average price target of $74.
See today’s analyst top recommended stocks >>
Based on Garmin Ltd’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $184 million. In comparison, last year the company had a net profit of $147 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Garmin Ltd. is a holding company, which engages in the provision of navigation, communication, and information devices and applications that are enabled by global positioning system technology. It operates through the following business segments: Auto, Aviation, Marine, Outdoor, and Fitness.
