Viasat, Inc. (VSAT) Shares Decline by -3.74% to Close at $15.68

As of close of business last night, Viasat, Inc.’s stock clocked out at $15.68, down -3.74% from its previous closing price of $16.29. On the day, 1398139 shares were traded.

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 2.46 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:

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 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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 0.39.

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.

Shares Statistics:

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 76.77% stake in the company.

Earnings Estimates

As of right now, VLAT analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $1.30, with high estimates of $68.22 and low estimates of $15.68.

Analysts are recommending an EPS of between $Utilities and $Technology for the fiscal current year, implying an average EPS of $Communication Services.

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