Is Garmin (GRMN) Priced Right After Strong Multi Year Share Price Performance

  • If you are wondering whether Garmin’s current share price reflects its true worth, you are not alone. This article is built to help you frame that question clearly.
  • Garmin’s shares last closed at US$212.60, with returns of 0.7% over 1 year, 5.0% year to date, 2.7% over 30 days and a 0.4% decline over the last 7 days. Taken together, this gives you a mixed picture of recent momentum and risk appetite.
  • Recent coverage has focused on Garmin’s position in consumer durables and how investors are reacting to its longer term track record, especially the 136.9% return over 3 years and 91.4% over 5 years. That backdrop helps explain why shorter term moves can attract attention even when longer term returns already look very strong.
  • On our…

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