
In general the insiders are selling more stocks than they buy. The last trade was done 30 days ago by Burrell Jonathan who sold 75.25 thousand shares. In the last 100 trades there were 11.43 million shares bought and 13.18 million shares sold. Insiders are neutral selling more shares than they are buying in Garmin Ltd. We therefore hold a negative evaluation of this stock. holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We hold an negative evaluation for this stock. For the last week, the stock has had a daily average volatility of 3.93%. During the last day, the stock moved $3.70 between high and low, or 3.14%. This stock has average movements during the day and with good trading volume, the risk is considered to be medium. finds support from accumulated volume at $120.52 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A break-up above any of these levels will issue buy signals. On corrections up, there will be some resistance from the lines at $121.45 and $131.08. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Some negative signals were issued as well, and these may have some influence on the near short-term development. This is considered to be a good technical signal. Further rise is indicated until a new top pivot has been found. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.A buy signal was issued from a pivot bottom point on Thursday, January 27, 2022, and so far it has risen 2.01%. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. This industry currently has a Zacks Industry Rank of 165, which puts it in the bottom 36% of all 250+ industries. The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. Electronics - Miscellaneous Products stocks are, on average, holding a PEG ratio of 1.87 based on yesterday's closing prices. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. We can also see that GRMN currently has a PEG ratio of 3.1. Its industry sports an average Forward P/E of 21.08, so we one might conclude that Garmin is trading at a no noticeable deviation comparatively. In terms of valuation, Garmin is currently trading at a Forward P/E ratio of 21.08. Garmin is holding a Zacks Rank of #3 (Hold) right now. The Zacks Consensus EPS estimate has moved 0.93% higher within the past month. It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. Our research shows that these estimate changes are directly correlated with near-term stock prices. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. These revisions help to show the ever-changing nature of near-term business trends. Investors might also notice recent changes to analyst estimates for Garmin. Meanwhile, our latest consensus estimate is calling for revenue of $1.37 billion, up 1.01% from the prior-year quarter. The company is expected to report EPS of $1.41, down 18.5% from the prior-year quarter. Investors will be hoping for strength from Garmin as it approaches its next earnings release. Heading into today, shares of the maker of personal navigation devices had lost 1.59% over the past month, outpacing the Computer and Technology sector's loss of 5.11% and lagging the S&P 500's gain of 0.22% in that time. Elsewhere, the Dow lost 0.56%, while the tech-heavy Nasdaq lost 0.42%. This change outpaced the S&P 500's 0.08% gain on the day. Garmin (GRMN) closed the most recent trading day at $132.38, moving +0.17% from the previous trading session.
