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4-Traders Homepage  >  Equities  >  Nasdaq  >  Garmin    GRMN   CH0114405324

GARMIN (GRMN)
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Garmin Ltd. : Garmin Announces Availability of GTN 3.0 Software

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01/02/2013 | 04:45pm CET

Today Garmin announced the availability of GTN software version 3.0, a free software update that brings expanded features and capabilities to the GTN series touchscreen avionics.

The new features include display support for weather radar, advanced ADS-B capabilities, worldwide connectivity, cross fill with the GNS 430W/530W series and geo-referenced FliteCharts. The latest GTN software also incorporates other improvements such as the ability to graphically edit direct-to legs, the ability to sort airway exit points geographically, bigger, bolder, and relevant airspace with the Smart Airspace feature, the ability to toggle off and on certain European airspaces and TCAD traffic display.

GTN software version 3.0 has received Approved Model List Supplemental Type Certificate (AML STC) approval, and is available immediately as a free software update for current GTN owners (installation charges may apply). An upgrade to GNS version 5.0 software, expected to be available in Q1 2013, is required for enabling GNS crossfill functionality.

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Financials ($)
Sales 2018 3 172 M
EBIT 2018 683 M
Net income 2018 577 M
Finance 2018 1 784 M
Yield 2018 3,40%
P/E ratio 2018 20,26
P/E ratio 2019 19,11
EV / Sales 2018 3,09x
EV / Sales 2019 2,96x
Capitalization 11 600 M
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Technical analysis trends GARMIN
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Mean consensus HOLD
Number of Analysts 12
Average target price 60,3 $
Spread / Average Target -2,5%
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Managers
NameTitle
Clifton A. Pemble President, Chief Executive Officer & Director
Min H. Kao Executive Chairman
Douglas G. Boessen CFO, Treasurer & Principal Accounting Officer
Donald H. Eller Independent Director
Charles W. Peffer Independent Director
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