Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Viasat, Inc (NASDAQ: VSAT) closed at $9.43 in the last session, up 1.02% from day before closing price of $9.34. In other words, the price has increased by $1.02 from its previous closing price. On the day, 2.57 million shares were traded. VSAT stock price reached its highest trading level at $9.7633 during the session, while it also had its lowest trading level at $8.945.
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 Dec 12 ’24 when MILLER MARK J sold 3,564 shares for $9.21 per share. The transaction valued at 32,824 led to the insider holds 350,351 shares of the business.
MILLER FAMILY TRUST bought 3,564 shares of VSAT for $32,837 on Dec 12 ’24. On Sep 12 ’24, another insider, BALDRIDGE RICHARD A, who serves as the Director of the company, bought 55,000 shares for $14.91 each. As a result, the insider paid 820,000 and bolstered with 55,000 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 1210755456 and an Enterprise Value of 7018263040. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 0.25. Its current Enterprise Value per Revenue stands at 1.55 whereas that against EBITDA is 5.591.
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 -2.03%, while the 200-Day Moving Average is calculated to be -35.07%.
Shares Statistics:
According to the various share statistics, VSAT traded on average about 2.75M shares per day over the past 3-months and 2675950 shares per day over the past 10 days. A total of 128.39M shares are outstanding, with a floating share count of 107.31M. Insiders hold about 16.42% of the company’s shares, while institutions hold 80.16% stake in the company. Shares short for VSAT as of 1732838400 were 21870953 with a Short Ratio of 7.94, compared to 1730332800 on 19022906. Therefore, it implies a Short% of Shares Outstanding of 21870953 and a Short% of Float of 23.380000000000003.
