GRMN
Garmin Ltd. Consumer Discretionary - Electronics Investor Relations →
Garmin Ltd. (GRMN) closed at $202.33 as of 2026-02-02, trading 38.2% above its 200-week moving average of $146.42. The stock moved further from the line this week, up from 38.2% last week. The 14-week RSI sits at 42, indicating neutral momentum.
Over the past 1265 weeks of data, GRMN has crossed below its 200-week moving average 13 times. On average, these episodes lasted 24 weeks. Historically, investors who bought GRMN at the start of these episodes saw an average one-year return of +44.0%.
With a market cap of $38.9 billion, GRMN is a large-cap stock. The company generates a free cash flow yield of 2.3%. Return on equity stands at 19.7%, a solid level. The stock trades at 4.6x book value.
GRMN passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 24.3 years, a hypothetical investment of $100 in GRMN would have grown to $4434, compared to $942 for the S&P 500. That represents an annualized return of 16.9% vs 9.7% for the index — confirming GRMN as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 20.8% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: GRMN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After GRMN Crosses Below the Line?
Across 13 historical episodes, buying GRMN when it crossed below its 200-week moving average produced an average return of +41.3% after 12 months (median +37.0%), compared to +5.3% for the S&P 500 over the same periods. 85% of those episodes were profitable after one year. After 24 months, the average return was +99.0% vs +24.2% for the index.
Each line shows $100 invested at the moment GRMN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
GRMN has crossed below its 200-week MA 13 times with an average 1-year return of +44.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Nov 2001 | Dec 2001 | 5 | 14.8% | +36.7% | +4438.0% |
| Jan 2002 | Feb 2002 | 6 | 4.5% | +54.8% | +3857.7% |
| Jul 2002 | Sep 2002 | 9 | 11.2% | +104.3% | +3788.1% |
| Sep 2002 | Oct 2002 | 6 | 8.8% | +140.2% | +4011.2% |
| May 2004 | May 2004 | 1 | 0.3% | +48.2% | +2535.9% |
| Apr 2008 | May 2008 | 5 | 10.1% | -48.2% | +725.6% |
| Jun 2008 | Oct 2011 | 173 | 67.6% | -46.6% | +724.2% |
| Jul 2015 | Apr 2016 | 37 | 20.9% | +36.7% | +554.8% |
| May 2016 | May 2016 | 2 | 2.0% | +36.1% | +558.5% |
| Jun 2022 | May 2023 | 51 | 22.1% | +8.7% | +120.2% |
| Jun 2023 | Jul 2023 | 2 | 2.8% | +61.8% | +108.6% |
| Jul 2023 | Oct 2023 | 10 | 3.8% | +73.8% | +102.4% |
| Oct 2023 | Oct 2023 | 2 | 5.7% | +65.5% | +103.7% |
| Average | 24 | — | +44.0% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02