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Gilat Satellite Networks (GILT) Stock Price, News & Analysis

Gilat Satellite Networks logo
$5.86 +0.01 (+0.17%)
(As of 12/20/2024 05:16 PM ET)

About Gilat Satellite Networks Stock (NASDAQ:GILT)

Key Stats

Today's Range
$5.72
$5.92
50-Day Range
$4.87
$6.17
52-Week Range
$4.04
$6.66
Volume
306,003 shs
Average Volume
212,665 shs
Market Capitalization
$334.12 million
P/E Ratio
20.21
Dividend Yield
N/A
Price Target
$8.50
Consensus Rating
Buy

Company Overview

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. The company also develops, manufactures, and supplies products and solutions for mission-critical defense and broadcast satellite communications systems, advanced on-the-move and on-the-pause satellite communications equipment, systems, and solutions, including airborne, ground-mobile satellite systems and solutions; and provides terrestrial, including fiber optic and wireless network, and satellite network construction and operation services. In addition, it provides turnkey integrated solutions, including managed satellite network services, network planning and optimization, remote network operation, call center support, hub and field operations, and communication networks construction and installation services; connectivity services, internet access, and telephony services to enterprise, government, and residential customers; and builds telecommunication infrastructure using fiber-optic and wireless technologies for broadband connectivity. The company sells its products and solutions to communication service providers, satellite operators, Mobile Network Operators, and system integrators that use satellite communications to serve enterprise, social inclusion solutions, government and residential users, and defense and homeland security organizations, as well as directly to end-users. Gilat Satellite Networks Ltd. was incorporated in 1987 and is headquartered in Petah Tikva, Israel.

Gilat Satellite Networks Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
55th Percentile Overall Score

GILT MarketRank™: 

Gilat Satellite Networks scored higher than 55% of companies evaluated by MarketBeat, and ranked 366th out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Gilat Satellite Networks has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Gilat Satellite Networks has only been the subject of 2 research reports in the past 90 days.

  • Read more about Gilat Satellite Networks' stock forecast and price target.
  • Earnings Growth

    Earnings for Gilat Satellite Networks are expected to decrease by -2.08% in the coming year, from $0.48 to $0.47 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Gilat Satellite Networks is 20.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.79.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Gilat Satellite Networks is 20.21, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 238.08.

  • Price to Book Value per Share Ratio

    Gilat Satellite Networks has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.26% of the float of Gilat Satellite Networks has been sold short.
  • Short Interest Ratio / Days to Cover

    Gilat Satellite Networks has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Gilat Satellite Networks has recently increased by 9.56%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Gilat Satellite Networks does not currently pay a dividend.

  • Dividend Growth

    Gilat Satellite Networks does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Gilat Satellite Networks is 162.07%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, Gilat Satellite Networks will have a dividend payout ratio of 100.00% in the coming year. This indicates that Gilat Satellite Networks may not be able to sustain their current dividend.

  • Read more about Gilat Satellite Networks' dividend.
  • Percentage of Shares Shorted

    0.26% of the float of Gilat Satellite Networks has been sold short.
  • Short Interest Ratio / Days to Cover

    Gilat Satellite Networks has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Gilat Satellite Networks has recently increased by 9.56%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Gilat Satellite Networks has a news sentiment score of 1.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Gilat Satellite Networks this week, compared to 3 articles on an average week.
  • Search Interest

    16 people have searched for GILT on MarketBeat in the last 30 days. This is an increase of 1,500% compared to the previous 30 days.
  • MarketBeat Follows

    Only 4 people have added Gilat Satellite Networks to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Gilat Satellite Networks insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.13% of the stock of Gilat Satellite Networks is held by insiders.

  • Percentage Held by Institutions

    Only 35.72% of the stock of Gilat Satellite Networks is held by institutions.

  • Read more about Gilat Satellite Networks' insider trading history.
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GILT Stock News Headlines

Gilat Satellite Networks Set to Complete Stellar Blu Acquisition
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Gilat Satellite Networks Reports Strong Q3 2024 Growth
See More Headlines

GILT Stock Analysis - Frequently Asked Questions

Gilat Satellite Networks' stock was trading at $6.11 at the start of the year. Since then, GILT shares have decreased by 4.1% and is now trading at $5.86.
View the best growth stocks for 2024 here
.

Gilat Satellite Networks Ltd. (NASDAQ:GILT) announced its quarterly earnings results on Monday, February, 26th. The communications equipment provider reported $0.11 EPS for the quarter, beating analysts' consensus estimates of $0.06 by $0.05. The communications equipment provider earned $75.61 million during the quarter. Gilat Satellite Networks had a trailing twelve-month return on equity of 9.30% and a net margin of 5.46%.

Gilat Satellite Networks subsidiaries include these companies: Wavestream, RaySat, rStar, Gilat Colombia S.A.S E.S.P, Gilat do Brazil Ltda., Gilat Networks Peru S.A, Gilat Satellite Communication Technology (Beijing) Ltd., and others.

Gilat Satellite Networks' top institutional investors include Wellington Management Group LLP (2.58%), Meitav Investment House Ltd. (1.97%), Foundry Partners LLC (1.46%) and ARK Investment Management LLC (0.76%).

Shares of GILT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Gilat Satellite Networks investors own include Block (SQ), Enovix (ENVX), NVIDIA (NVDA), Ginkgo Bioworks (DNA), Toast (TOST) and Luminar Technologies (LAZR).

Company Calendar

Last Earnings
2/26/2024
Today
12/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:GILT
Employees
1,183
Year Founded
1987

Price Target and Rating

Average Stock Price Target
$8.50
High Stock Price Target
$8.50
Low Stock Price Target
$8.50
Potential Upside/Downside
+45.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$23.50 million
Pretax Margin
6.75%

Debt

Sales & Book Value

Annual Sales
$302.93 million
Cash Flow
$0.56 per share
Book Value
$4.82 per share

Miscellaneous

Free Float
56,373,000
Market Cap
$334.12 million
Optionable
Optionable
Beta
0.59

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This page (NASDAQ:GILT) was last updated on 12/23/2024 by MarketBeat.com Staff
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