Gilat Satellite Networks (GILT) to Release Earnings on Wednesday

Gilat Satellite Networks (NASDAQ:GILT - Get Free Report) will likely be announcing its earnings results before the market opens on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.14 per share and revenue of $82.67 million for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.

Gilat Satellite Networks Stock Performance

Shares of GILT stock traded down $0.12 on Friday, hitting $7.41. The company had a trading volume of 238,846 shares, compared to its average volume of 400,362. The firm has a market cap of $422.52 million, a P/E ratio of 25.55 and a beta of 0.60. Gilat Satellite Networks has a twelve month low of $4.04 and a twelve month high of $7.76. The company has a quick ratio of 1.84, a current ratio of 2.17 and a debt-to-equity ratio of 0.01. The company has a 50-day moving average price of $6.44 and a 200-day moving average price of $5.42.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on GILT shares. Needham & Company LLC restated a "buy" rating and issued a $8.50 price target on shares of Gilat Satellite Networks in a research report on Thursday, January 16th. StockNews.com upgraded Gilat Satellite Networks from a "buy" rating to a "strong-buy" rating in a research note on Friday, November 15th.

Gilat Satellite Networks Company Profile

Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions in Israel, the United States, Peru, and internationally. It operates in three segments: Satellite Networks, Integrated Solutions, and Network Infrastructure and Services. Its portfolio consists of cloud-based satellite network platform, very small aperture terminals, amplifiers, modems, on-the-move antennas, solid state power amplifiers, block upconverters, transceivers, and defense ground systems and field services.