At the time of writing, Viasat, Inc. [VSAT] stock is trading at $11.56, up 4.52%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The VSAT shares have gain 8.34% over the last week, with a monthly amount drifted -7.96%, and not 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 15, 2024, when Needham reiterated its Buy rating and also revised its price target to $19 from $28. Previously, JP Morgan downgraded its rating to Neutral on September 17, 2024, and dropped its price target to $15. On October 17, 2023, upgrade upgraded it’s rating to Overweight and revised its price target to $30 on the stock. Deutsche Bank started tracking the stock assigning a Hold rating and suggested a price target of $22 on October 17, 2023. William Blair downgraded its rating to Mkt Perform for this stock on January 26, 2023. In a note dated November 15, 2022, Raymond James downgraded an Mkt Perform rating on this stock.
For the past year, the stock price of Viasat, Inc. fluctuated between $10.40 and $29.11. Currently, Wall Street analysts expect the stock to reach $40 within the next 12 months. Viasat, Inc. [NASDAQ: VSAT] shares were valued at $11.56 at the most recent close of the market. An investor can expect a potential return of 246.02% 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 11.05 points at the first support level, and at 10.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.91, and for the 2nd resistance point, it is at 12.26.
Ratios To Look Out For
It is important to note that Viasat, Inc. [NASDAQ:VSAT] has a current ratio of 3.08. As well, the Quick Ratio is 2.78, while the Cash Ratio is 1.68. Considering the valuation of this stock, the price to sales ratio is 0.32, the price to book ratio is 0.29.
Transactions by insiders
Recent insider trading involved BALDRIDGE RICHARD A, Director, that happened on Sep 12 ’24 when 55000.0 shares were purchased., CPP Investment Board Private H completed a deal on Aug 12 ’24 to sell 2.81 million shares. Meanwhile, ONTARIO TEACHERS PENSION PLAN sold 2.81 million shares on Aug 12 ’24.
