Garmin (NYSE:GRMN – Get Rating) and Nextracker (NASDAQ:NXT – Get Rating) are both computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, institutional ownership, risk, valuation, dividends, earnings and analyst recommendations.
Profitability
This table compares Garmin and Nextracker's net margins, return on equity and return on assets.
Get Garmin alerts:| Net Margins | Return on Equity | Return on Assets | |
| Garmin | 20.03% | 16.41% | 12.86% |
| Nextracker | N/A | N/A | N/A |
Analyst Recommendations
This is a summary of current recommendations and price targets for Garmin and Nextracker, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Garmin | 0 | 3 | 1 | 1 | 2.60 |
| Nextracker | 0 | 3 | 10 | 0 | 2.77 |
Garmin presently has a consensus price target of $123.17, indicating a potential upside of 28.45%. Nextracker has a consensus price target of $40.00, indicating a potential upside of 30.08%. Given Nextracker's stronger consensus rating and higher probable upside, analysts clearly believe Nextracker is more favorable than Garmin.
Institutional & Insider Ownership
63.3% of Garmin shares are owned by institutional investors. 20.3% of Garmin shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Valuation & Earnings
This table compares Garmin and Nextracker's top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Garmin | $4.86 billion | 3.78 | $973.59 million | $5.04 | 19.03 |
| Nextracker | N/A | N/A | N/A | N/A | N/A |
Garmin has higher revenue and earnings than Nextracker.
Summary
Garmin beats Nextracker on 7 of the 10 factors compared between the two stocks.
About Garmin
(Get Rating)
Garmin Ltd. is a holding company, which engages in the provision of navigation, communications and information devices, most of which are enabled by Global Positioning System (GPS) technology. It operates through the following segments: Marine, Outdoor, Fitness, Auto OEM, Consumer Auto, and Aviation. The Marine segment manufactures and offers recreational marine electronics such as cartography, Sounders, Radar, Autopilot Systems and Sailing. The Outdoor segment offers products designed for use in outdoor activities such as Outdoor Handhelds, Adventure Watches, Golf Devices, Dog Tracking & Training Device, Garmin Connect & Garmin Connect Mobile, and Connect IQ. The Fitness segment refers to the products designed for use in fitness and activity tracking such as Running & Multi-Sport Watches, Cycling Computers, Power Meters, Safety & Awareness, and Activity Tracking Devices. The Auto OEM and Consumer Auto segments offer products designed for use in the auto market such as Personal Navigation Devices, Original Equipment Manufacturer (OEM) Solutions, and Cameras. The Aviation segment provides solutions to aircraft manufacturers, existing aircraft owners and operators, as well as governm
About Nextracker
(Get Rating)
Nextracker Inc. is a provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed generation solar power plants. Nextracker Inc. is based in SAN JOSE, Calif.
Receive News & Ratings for Garmin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Garmin and related companies with MarketBeat.com's FREE daily email newsletter.