The closing price of Viasat, Inc. (NASDAQ: VSAT) was $16.74 for the day, down -4.29% from the previous closing price of $17.49. In other words, the price has decreased by -$0.75 from its previous closing price. On the day, 1199213 shares were traded. VSAT stock price reached its highest trading level at $17.55 during the session, while it also had its lowest trading level at $16.71.
Ratios:
Our analysis of VSAT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.46 and its Current Ratio is at 2.71. 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 October 17, 2023, Upgraded its rating to Overweight and sets its target price to $30 from $35 previously.
On October 17, 2023, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $22.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 05 ’24 when Miller Craig Andrew sold 150 shares for $26.83 per share. The transaction valued at 4,024 led to the insider holds 13,248 shares of the business.
Miller Craig Andrew sold 150 shares of VSAT for $3,380 on Dec 06 ’23. The Pres. Global Space Networks now owns 13,398 shares after completing the transaction at $22.53 per share. On Nov 16 ’23, another insider, Lippert Keven K, who serves as the Executive Vice President of the company, sold 6,200 shares for $19.58 each. As a result, the insider received 121,396 and left with 24 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 2.19B and an Enterprise Value of 8.28B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.55 while its Price-to-Book (P/B) ratio in mrq is 0.41. Its current Enterprise Value per Revenue stands at 2.18 whereas that against EBITDA is 88.39.
Stock Price History:
Over the past 52 weeks, VSAT has reached a high of $47.35, while it has fallen to a 52-week low of $15.02. The 50-Day Moving Average of the stock is 21.17, while the 200-Day Moving Average is calculated to be 25.75.
Shares Statistics:
VSAT traded an average of 1.11M shares per day over the past three months and 1.25M shares per day over the past ten days. A total of 125.32M shares are outstanding, with a floating share count of 97.95M. Insiders hold about 21.84% of the company’s shares, while institutions hold 76.43% stake in the company. Shares short for VSAT as of Feb 29, 2024 were 9.47M with a Short Ratio of 8.56, compared to 8.35M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.56% and a Short% of Float of 8.99%.
Earnings Estimates
The firm’s stock currently is rated by 5 analysts. On average, analysts expect EPS of -$0.63 for the current quarter, with a high estimate of $0.13 and a low estimate of -$1.23, while EPS last year was $15.56. The consensus estimate for the next quarter is -$0.49, with high estimates of $0.19 and low estimates of -$1.16.
Analysts are recommending an EPS of between -$7.26 and -$9.08 for the fiscal current year, implying an average EPS of -$8.22. EPS for the following year is -$0.58, with 8 analysts recommending between $4.19 and -$4.46.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $1.13B to a low estimate of $994.77M. As of the current estimate, Viasat, Inc.’s year-ago sales were $666.1M, an estimated increase of 64.30% from the year-ago figure.
A total of 10 analysts have provided revenue estimates for VSAT’s current fiscal year. The highest revenue estimate was $4.27B, while the lowest revenue estimate was $4.13B, resulting in an average revenue estimate of $4.22B. In the same quarter a year ago, actual revenue was $2.56B, up 65.30% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $4.57B in the next fiscal year. The high estimate is $4.71B and the low estimate is $4.49B. The average revenue growth estimate for next year is up 8.20% from the average revenue estimate for this year.
