Wall Street predicts Viasat, Inc. (VSAT) stock to surge by 183.93%

At the time of writing, Viasat, Inc. [VSAT] stock is trading at $17.61, down -1.89%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The VSAT shares have gain 5.20% over the last week, with a monthly amount glided 16.55%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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.

For the past year, the stock price of Viasat, Inc. fluctuated between $11.76 and $29.11. Currently, Wall Street analysts expect the stock to reach $50 within the next 12 months. Viasat, Inc. [NASDAQ: VSAT] shares were valued at $17.61 at the most recent close of the market. An investor can expect a potential return of 183.93% based on the average VSAT price forecast.

Analyzing the VSAT fundamentals

According to Viasat, Inc. [NASDAQ:VSAT], the company’s sales were 4.63B for trailing twelve months, which represents an 44.46% jump. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at -0.17%, Pretax Profit Margin comes in at -0.25%, and Net Profit Margin reading is -0.22%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.2 and Total Capital is -0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.44.

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 17.37 points at the first support level, and at 17.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.91, and for the 2nd resistance point, it is at 18.21.

Ratios To Look Out For

It is important to note that Viasat, Inc. [NASDAQ:VSAT] has a current ratio of 3.08. Also, the Quick Ratio is 2.78, while the Cash Ratio stands at 1.68. Considering the valuation of this stock, the price to sales ratio is 0.49, the price to book ratio is 0.45.

Transactions by insiders

Recent insider trading involved CPP Investment Board Private H, that happened on Aug 12 ’24 when 2.81 million shares were sold., ONTARIO TEACHERS PENSION PLAN completed a deal on Aug 12 ’24 to sell 2.81 million shares. Meanwhile, Warburg Pincus (Cayman) Global sold 2.81 million shares on Aug 12 ’24.

Related Posts