Viasat, Inc. (VSAT)’s Market Momentum: Closing Strong at 15.70, Down -0.70

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As of close of business last night, Viasat, Inc.’s stock clocked out at $15.70, down -0.70% from its previous closing price of $15.81. In other words, the price has decreased by -$0.70 from its previous closing price. On the day, 1.65 million shares were traded. VSAT stock price reached its highest trading level at $16.1 during the session, while it also had its lowest trading level at $15.51.

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 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 Aug 12 ’24 when CPP Investment Board Private H sold 2,811,442 shares for $19.90 per share. The transaction valued at 55,947,696 led to the insider holds 8,545,334 shares of the business.

ONTARIO TEACHERS PENSION PLAN 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, Warburg Pincus (Cayman) Global, who serves as the of the company, sold 2,811,443 shares for $19.90 each. As a result, the insider received 55,947,716 and left with 8,390,687 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 2006130304 and an Enterprise Value of 7878595072. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 0.40. Its current Enterprise Value per Revenue stands at 1.701 whereas that against EBITDA is 13.401.

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 $11.76. The 50-Day Moving Average of the stock is -5.31%, while the 200-Day Moving Average is calculated to be -17.14%.

Shares Statistics:

It appears that VSAT traded 2.25M shares on average per day over the past three months and 1246410 shares per day over the past ten days. A total of 125.85M shares are outstanding, with a floating share count of 106.45M. Insiders hold about 16.69% of the company’s shares, while institutions hold 78.39% stake in the company. Shares short for VSAT as of 1723680000 were 14896775 with a Short Ratio of 6.63, compared to 1721001600 on 16295770. Therefore, it implies a Short% of Shares Outstanding of 14896775 and a Short% of Float of 16.03.

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