Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Viasat, Inc (NASDAQ: VSAT) closed at $9.72 in the last session, down -3.38% from day before closing price of $10.06. In other words, the price has decreased by -$3.38 from its previous closing price. On the day, 2.44 million shares were traded. VSAT stock price reached its highest trading level at $10.248 during the session, while it also had its lowest trading level at $9.5407.
Ratios:
We take a closer look at VSAT’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 1247989760 and an Enterprise Value of 7055497216. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 0.25. Its current Enterprise Value per Revenue stands at 1.558 whereas that against EBITDA is 5.621.
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 $6.69. The 50-Day Moving Average of the stock is -3.71%, while the 200-Day Moving Average is calculated to be -35.14%.
Shares Statistics:
According to the various share statistics, VSAT traded on average about 2.72M shares per day over the past 3-months and 4438880 shares per day over the past 10 days. A total of 128.39M shares are outstanding, with a floating share count of 107.20M. Shares short for VSAT as of 1731628800 were 21570665 with a Short Ratio of 7.93, compared to 1728950400 on 15907771. Therefore, it implies a Short% of Shares Outstanding of 21570665 and a Short% of Float of 23.06.