Market Watch: Viasat, Inc. (VSAT)’s Noteworthy Gain, Closing at 11.40

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As of close of business last night, Viasat, Inc.’s stock clocked out at $11.40, up 2.06% from its previous closing price of $11.17. In other words, the price has increased by $2.06 from its previous closing price. On the day, 1.39 million shares were traded. VSAT stock price reached its highest trading level at $11.6 during the session, while it also had its lowest trading level at $11.1701.

Ratios:

To gain a deeper understanding of VSAT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.78 and its Current Ratio is at 3.08. In the meantime, Its Debt-to-Equity ratio is 1.52 whereas as Long-Term Debt/Eq ratio is at 1.49.

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 the company, JP Morgan on September 17, 2024, Downgraded its rating to Neutral and sets its target price to $15 from $29 previously.

On October 17, 2023, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also lowered its target price recommendation from $35 to $30.

On October 17, 2023, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $22.Deutsche Bank initiated its Hold rating on October 17, 2023, with a $22 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future 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 1456680576 and an Enterprise Value of 7329144320. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 0.29. Its current Enterprise Value per Revenue stands at 1.583 whereas that against EBITDA is 12.467.

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 $10.87. The 50-Day Moving Average of the stock is -29.23%, while the 200-Day Moving Average is calculated to be -36.53%.

Shares Statistics:

It appears that VSAT traded 2.29M shares on average per day over the past three months and 1986920 shares per day over the past ten days. A total of 125.85M shares are outstanding, with a floating share count of 106.38M. Insiders hold about 16.75% of the company’s shares, while institutions hold 78.42% stake in the company. Shares short for VSAT as of 1726185600 were 13995346 with a Short Ratio of 6.12, compared to 1723680000 on 14896775. Therefore, it implies a Short% of Shares Outstanding of 13995346 and a Short% of Float of 15.06.

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