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Viasat, Inc (NASDAQ: VSAT) closed the day trading at $7.28 down -1.62% from the previous closing price of $7.40. In other words, the price has decreased by -$1.62 from its previous closing price. On the day, 2.35 million shares were traded. VSAT stock price reached its highest trading level at $7.66 during the session, while it also had its lowest trading level at $7.17.
Ratios:
For a better understanding of VSAT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 1.44. In the meantime, Its Debt-to-Equity ratio is 1.88 whereas as Long-Term Debt/Eq ratio is at 1.38.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on October 15, 2024, Reiterated its Buy rating but revised its target price to $19 from $28 previously.
On September 17, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $29 to $15.
JP Morgan Upgraded its Neutral to Overweight on October 17, 2023, whereas the target price for the stock was revised from $35 to $30.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 12 ’24 when BALDRIDGE RICHARD A bought 55,000 shares for $14.91 per share. The transaction valued at 820,000 led to the insider holds 55,000 shares of the business.
CPP Investment Board Private H sold 2,811,442 shares of VSAT for $55,947,696 on Aug 12 ’24. The now owns 8,545,334 shares after completing the transaction at $19.90 per share. On Aug 12 ’24, another insider, ONTARIO TEACHERS PENSION PLAN , who serves as the of the company, sold 2,811,442 shares for $19.90 each. As a result, the insider received 55,947,696 and left with 8,545,334 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VSAT now has a Market Capitalization of 934708352 and an Enterprise Value of 6757622272. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 0.19. Its current Enterprise Value per Revenue stands at 1.493 whereas that against EBITDA is 5.383.
Stock Price History:
Over the past 52 weeks, VSAT has reached a high of $29.11, while it has fallen to a 52-week low of $7.30. The 50-Day Moving Average of the stock is -33.99%, while the 200-Day Moving Average is calculated to be -53.19%.
Shares Statistics:
Over the past 3-months, VSAT traded about 2.22M shares per day on average, while over the past 10 days, VSAT traded about 3434390 shares per day. A total of 125.85M shares are outstanding, with a floating share count of 107.28M. Insiders hold about 16.45% of the company’s shares, while institutions hold 80.49% stake in the company. Shares short for VSAT as of 1730332800 were 19022906 with a Short Ratio of 8.56, compared to 1727654400 on 14963151. Therefore, it implies a Short% of Shares Outstanding of 19022906 and a Short% of Float of 20.47.
