At the time of writing, Gilat Satellite Networks [GILT] stock is trading at $6.09, up 5.36%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GILT shares have gain 9.73% over the last week, with a monthly amount glided 15.78%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Needham started tracking the stock with Buy rating on June 27, 2023, and set its price target to $7. On February 13, 2013, downgrade downgraded it’s rating to Neutral. Brigantine started tracking the stock assigning a Buy rating and suggested a price target of $5.50 on March 29, 2012. Oppenheimer initiated its recommendation with a Perform and recommended $5 as its price target on June 22, 2011. Oppenheimer started tracking with a Buy rating for this stock on March 22, 2007, and assigned it a price target of $10. In a note dated January 18, 2007, William Blair initiated an Outperform rating.
For the past year, the stock price of Gilat Satellite Networks fluctuated between $4.04 and $6.80. Currently, Wall Street analysts expect the stock to reach $7 within the next 12 months. Gilat Satellite Networks [NASDAQ: GILT] shares were valued at $6.09 at the most recent close of the market. An investor can expect a potential return of 14.94% based on the average GILT price forecast.
Analyzing the GILT fundamentals
According to Gilat Satellite Networks [NASDAQ:GILT], the company’s sales were 302.93M for trailing twelve months, which represents an 16.71% jump. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.06 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
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 5.85 points at the first support level, and at 5.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.37, and for the 2nd resistance point, it is at 6.64.
Ratios To Look Out For
It is important to note that Gilat Satellite Networks [NASDAQ:GILT] has a current ratio of 2.17. As well, the Quick Ratio is 1.84, while the Cash Ratio is 0.92. Considering the valuation of this stock, the price to sales ratio is 1.15, the price to book ratio is 1.19 and price to earnings (TTM) ratio is 20.99.
