Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

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

Delayed Quote. Delayed  - 07/29 10:00:00 pm
54.33 USD   +1.48%
07/27DJGARMIN : Shares Soar on Strong Earnings
07/27 GARMIN : Reports Second Quarter Revenue and EPS Growth; Raises Guida..
07/25 GARMIN : reg; introduces G5 electronic flight instrument for certifi..
News SummaryMost relevantAll newsSector news 

Garmin Ltd. : Garmin® Ltd. Selected to Join S&P 500

share with twitter share with LinkedIn share with facebook
share via e-mail
12/11/2012 | 06:53pm CEST

Schaffhausen, Switzerland/December 6, 2012/Business Wire - Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced that it will become a component in the S&P 500 index after the close of trading on Tuesday, December 11.

"The S&P 500 index is widely recognized as a bellwether of the American equities market and we are honored to be listed among some of the most recognizable and enduring brands in the world," said Dr. Min Kao, chairman and CEO of Garmin Ltd. "This is tremendous recognition for our company and our commitment to long-term, sustainable growth. We'd like to thank our associates for helping us achieve this significant milestone."

The S&P 500 is an index of 500 large-cap companies from leading industries that is widely used as a benchmark for investors and a gauge of the overall performance of the U.S. stock market. The company will be added to the S&P 500 GICS (Global Industry Classification Standard) Consumer Electronics Sub-Industry index.

Since its inception in 1989, Garmin has delivered more than 100 million products, most of them enabled with GPS - far more than any other navigation provider. Garmin provides a wide range of products and applications in the navigation industry. It has a leadership position in each of the markets it serves, including automotive, aviation, marine, fitness, and outdoor recreation.

For more information, visit www.garmin.com, www.garmin.blogs.com, and http://twitter.com/garmin.

About Garmin Ltd.

The global leader in satellite navigation, Garmin Ltd. and its subsidiaries have designed, manufactured, marketed and sold navigation, communication and information devices and applications since 1989 - most of which are enabled by GPS technology. Garmin's products serve automotive, mobile, wireless, outdoor recreation, marine, aviation, and OEM applications. Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information, visit Garmin's virtual pressroom at www.garmin.com/pressroom or contact the Media Relations department at 913-397-8200. Garmin is a registered trademark of Garmin Ltd. or its subsidiaries. S&P is a registered trademark of Standard & Poor's Financial Services LLC.

Notice on Forward-Looking Statements:

This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 31, 2011, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is available at www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on GARMIN LTD.
07/27DJGARMIN : Shares Soar on Strong Earnings
07/27 GARMIN : Reports Second Quarter Revenue and EPS Growth; Raises Guidance
07/25 GARMIN : reg; introduces G5 electronic flight instrument for certificated aircra..
07/21 GARMIN : reg; And Jeppesen Partner To Expand Garmin Pilot App Capabilities
07/21 GARMIN : ® introduces new subscriptions for cost-effective datalink weather, tex..
07/20 GARMIN : ® Team X introduces the GTX 45R and GTX 35R ADS-B transponders for expe..
07/19 GARMIN : New Garmin® navigation databases bring trusted, cost-effective solution..
07/19 GARMIN : Pilot™ app adds support to display Jeppesen terminal charts
07/19 GARMIN : reg; announces new enhancements to the G500/G600 glass flight displays
07/19 GARMIN : reg; introduces new and exciting ways to interact with GTN™ 650/7..
More news
Sector news : Communications & Networking - NEC
07/29DJTYCO : Tops Views, Says Johnson Controls Merger Will Close Ahead of Schedule
07/29DJTYCO : Tops Views, Says Johnson Controls Merger Will Close Ahead of Schedule
07/29DJTYCO : Files 8K - Other Events
07/28DJQUALCOMM : CEO Sees Major Progress in China
07/27DJRenault Board Cuts CEO's 2016 Pay After Spat With Shareholders
More sector news : Communications & Networking - NEC
News from SeekingAlpha
07/27 Garmin Ltd. 2016 Q2 - Results - Earnings Call Slides
07/27 Garmin (GRMN) Clifton A. Pemble on Q2 2016 Results - Earnings Call Transcript
07/27 Garmin +11% as wearables pace solid Q2 earnings beat
07/27 Garmin beats by $0.20, beats on revenue
Financials ($)
Sales 2016 2 907 M
EBIT 2016 552 M
Net income 2016 466 M
Finance 2016 1 686 M
Yield 2016 3,76%
P/E ratio 2016 22,29
P/E ratio 2017 21,54
EV / Sales 2016 2,95x
EV / Sales 2017 2,89x
Capitalization 10 262 M
More Financials
Duration : Period :
Garmin Ltd. Technical Analysis Chart | GRMN | CH0114405324 | 4-Traders
Full-screen chart
Technical analysis trends GARMIN LTD.
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus HOLD
Number of Analysts 14
Average target price 48,8 $
Spread / Average Target -10%
Consensus details
EPS Revisions
More Estimates Revisions
Clifton A. Pemble President, Chief Executive Officer & Director
Min H. Kao Executive Chairman
Patrick Desbois Vice President-Operations
Douglas G. Boessen Chief Financial Officer & Treasurer
Ed Link Vice President-Information Technology
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
GARMIN LTD.46.17%10 262
CISCO SYSTEMS, INC.12.43%153 557
QUALCOMM, INC.25.20%92 221
ALCATEL LUCENT-4.66%13 800
More Results