Viasat, Inc. [VSAT] stock prices are up 0.92% to $19.75 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The VSAT shares have gain 6.81% over the last week, with a monthly amount drifted -11.16%, and not seem to be holding up well over a long-time horizon.
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On 29, February 2024, Viasat Wins Contract from Northrop Grumman on U.S. Air Force’s Commercial Space Internet Experiments. In a post published today on Yahoo Finance, The company’s high-capacity geostationary satellites will support the program, which is connecting commercial space internet services for military users.
From an analyst’s perspective:
Viasat, Inc. [NASDAQ: VSAT] stock has seen the most recent analyst activity on October 17, 2023, when JP Morgan upgraded its rating to a Overweight and also revised its price target to $30 from $35. Previously, Deutsche Bank started tracking the stock with Hold rating on October 17, 2023, and set its price target to $22. William Blair downgraded its rating to a Mkt Perform. Raymond James downgraded its rating to a Mkt Perform. In a note dated November 09, 2021, Raymond James downgraded an Outperform rating on this stock and revised its target price from $70 to $62.
The stock price of Viasat, Inc. [VSAT] has been fluctuating between $15.02 and $47.35 over the past year. Currently, Wall Street analysts expect the stock to reach $100 within the next 12 months. Viasat, Inc. [NASDAQ: VSAT] shares were valued at $19.75 at the most recent close of the market. An investor can expect a potential return of 406.33% based on the average VSAT price forecast.
Analyzing the VSAT fundamentals
The Viasat, Inc. [NASDAQ:VSAT] reported sales of 3.80B for trailing twelve months, representing a surge of 73.24%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at -0.25%, Pretax Profit Margin comes in at -0.31%, and Net Profit Margin reading is -0.27%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.2 and Total Capital is -0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.52.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.36 points at the first support level, and at 18.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.08, and for the 2nd resistance point, it is at 20.40.
Viasat, Inc. [VSAT] reported earnings per share of -$0.99 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.07/share, meaning a difference of -$1.06 and a surprise factor of -1,514.30%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$6.16 per share as compared to estimates of $0.71 per share, a difference of -$6.87 representing a surprise of -967.60%.
Ratios To Look Out For
It’s worth pointing out that Viasat, Inc. [NASDAQ:VSAT]’s Current Ratio is 2.71. Further, the Quick Ratio stands at 2.46, while the Cash Ratio is 1.18. Considering the valuation of this stock, the price to sales ratio is 0.65, the price to book ratio is 0.49.
Transactions by insiders
Recent insider trading involved Miller Craig Andrew, Pres. Global Space Networks, that happened on Jan 05 when 150.0 shares were sold. Pres. Global Space Networks, Miller Craig Andrew completed a deal on Dec 06 to sell 150.0 shares. Meanwhile, Executive Vice President Lippert Keven K sold 6200.0 shares on Nov 16.
