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Sohini Mondal

BIZARRE: Do wall street analysts like garmin stock | Mind Blowing Facts

Garmin GRMN

With a market cap of $36.5 billion, Garmin Ltd. (GRMN) is a leading global provider of navigation, communication, and wearable technology. The company designs, manufactures, and markets a wide range of GPS-enabled devices and wireless solutions across fitness, outdoor, marine, automotive, and aviation segments.

Shares of the Schaffhausen, Switzerland-based company have underperformed the broader market over the past 52 weeks. GRMN stock has decreased 9.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 12.4%. In addition, shares of the company have declined 8.5% on a YTD basis, compared to SPX’s 12.6% rise.

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