Analysts See $0.81 EPS for Garmin Ltd. (GRMN); Omega Flex (OFLX) Sentiment Is 2.33

July 17, 2017 - By Clifton Ray

Omega Flex, Inc. is a manufacturer of flexible metal hose. The company has market cap of $686.38 million. The Firm is engaged in a range of different markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical and other industries. It has a 43.55 P/E ratio. It operates through manufacture and sale of flexible metal hose and accessories segment.

Analysts expect Garmin Ltd. (NASDAQ:GRMN) to report $0.81 EPS on August, 2 before the open.They anticipate $0.06 EPS change or 6.90% from last quarter’s $0.87 EPS. GRMN’s profit would be $152.52 million giving it 15.67 P/E if the $0.81 EPS is correct. After having $0.52 EPS previously, Garmin Ltd.’s analysts see 55.77% EPS growth. About 413,737 shares traded. Garmin Ltd. (NASDAQ:GRMN) has risen 28.63% since July 17, 2016 and is uptrending. It has outperformed by 11.93% the S&P500.

Since February 22, 2017, it had 0 insider buys, and 3 selling transactions for $16.02 million activity. BURRELL JONATHAN sold $10.42M worth of Garmin Ltd. (NASDAQ:GRMN) on Tuesday, May 30. Another trade for 6,524 shares valued at $355,995 was sold by ETKIND ANDREW R.

Investors sentiment increased to 1.35 in 2016 Q4. Its up 0.19, from 1.16 in 2016Q3. It is positive, as 36 investors sold Garmin Ltd. shares while 98 reduced holdings. 59 funds opened positions while 122 raised stakes. 73.17 million shares or 3.36% more from 70.79 million shares in 2016Q3 were reported. St Johns Mgmt Co stated it has 35 shares. Td Asset Inc accumulated 1.01 million shares. Manufacturers Life Communications The owns 123,804 shares or 0.01% of their US portfolio. Lmr Prns Llp reported 0.13% in Garmin Ltd. (NASDAQ:GRMN). Capstone Asset has invested 0.02% in Garmin Ltd. (NASDAQ:GRMN). Alliancebernstein L P owns 198,509 shares. Employees Retirement Sys Of Texas holds 0% of its portfolio in Garmin Ltd. (NASDAQ:GRMN) for 6,000 shares. Delta Asset Mgmt Limited Company Tn owns 300 shares for 0% of their portfolio. State Of Wisconsin Board holds 0.01% of its portfolio in Garmin Ltd. (NASDAQ:GRMN) for 60,822 shares. Aviva Public Limited Company invested in 0.02% or 71,194 shares. Lpl Limited Liability Company invested 0.01% in Garmin Ltd. (NASDAQ:GRMN). Commonwealth Of Pennsylvania Public School Empls Retrmt invested in 0.01% or 6,590 shares. Credit Agricole S A has invested 0.01% in Garmin Ltd. (NASDAQ:GRMN). Gideon Capital has invested 0.25% in Garmin Ltd. (NASDAQ:GRMN). Chevy Chase Incorporated holds 0.02% in Garmin Ltd. (NASDAQ:GRMN) or 96,054 shares.

Garmin Ltd. and subsidiaries offer global positioning system (GPS) navigation and wireless devices and applications. The company has market cap of $9.56 billion. The Firm operates through five divisions. It has a 14.54 P/E ratio. It offers a range of auto navigation products, as well as a range of products and applications designed for the mobile GPS market.

Among 13 analysts covering Garmin Ltd. (NASDAQ:GRMN), 2 have Buy rating, 4 Sell and 7 Hold. Therefore 15% are positive. Garmin Ltd. had 23 analyst reports since July 30, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Thursday, October 15 by Dougherty & Company. RBC Capital Markets maintained Garmin Ltd. (NASDAQ:GRMN) on Thursday, July 30 with “Outperform” rating. The firm has “Underperform” rating given on Friday, January 15 by Credit Suisse. DA Davidson maintained it with “Neutral” rating and $40 target in Friday, September 11 report. The firm has “Underperform” rating by Bank of America given on Thursday, August 4. The firm earned “Neutral” rating on Monday, October 19 by JP Morgan. The stock of Garmin Ltd. (NASDAQ:GRMN) has “Mkt Perform” rating given on Tuesday, August 25 by Raymond James. Longbow initiated Garmin Ltd. (NASDAQ:GRMN) on Wednesday, August 17 with “Neutral” rating. The company was maintained on Thursday, February 18 by Credit Suisse. The rating was downgraded by Raymond James on Monday, August 22 to “Mkt Perform”.

It is down 82.58% since July 17, 2016 and is uptrending. It has outperformed by 65.88% the S&P500.

Schwerin Boyle Capital Management Inc holds 2.25% of its portfolio in Omega Flex, Inc. for 326,690 shares. Kayne Anderson Rudnick Investment Management Llc owns 503,104 shares or 0.33% of their US portfolio. Moreover, Ativo Capital Management Llc has 0.3% invested in the company for 22,740 shares. The Texas-based Ranger Investment Management L.P. has invested 0.15% in the stock. Walthausen & Co. Llc, a New York-based fund reported 9,000 shares.

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