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NASDAQ:GILT

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

Gilat Satellite Networks logo
$5.35
+0.09 (+1.71%)
(As of 02:08 PM ET)

About Gilat Satellite Networks Stock (NASDAQ:GILT)

Key Stats

Today's Range
$5.28
$5.36
50-Day Range
$4.37
$5.27
52-Week Range
$4.04
$6.80
Volume
44,307 shs
Average Volume
186,916 shs
Market Capitalization
$305.06 million
P/E Ratio
15.29
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
79th Percentile Overall Score

GILT MarketRank™: 

Gilat Satellite Networks scored higher than 79% of companies evaluated by MarketBeat, and ranked 217th out of 660 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 grow by 37.50% in the coming year, from $0.32 to $0.44 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Gilat Satellite Networks is 15.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.64.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Gilat Satellite Networks is 15.31, 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 242.91.

  • Price to Book Value per Share Ratio

    Gilat Satellite Networks has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Gilat Satellite Networks' valuation and earnings.
  • Percentage of Shares Shorted

    0.09% 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 0.3, 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 decreased by 27.04%, indicating that investor sentiment is improving 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.

  • Percentage of Shares Shorted

    0.09% 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 0.3, 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 decreased by 27.04%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Gilat Satellite Networks has a news sentiment score of 0.21. 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 lower news sentiment than the 0.45 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

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

    5 people have added Gilat Satellite Networks to their MarketBeat watchlist in the last 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 Secures $5 Million in U.S. Defense Contracts
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Gilat Satellite receives over $4M order from U.S. Department of Defense
Gilat Lands $4M Defense Contract for Satcom Hubs
Gilat Edges Higher on U.S. Defense Spending
See More Headlines

GILT Stock Analysis - Frequently Asked Questions

Gilat Satellite Networks' stock was trading at $6.11 at the beginning of the year. Since then, GILT shares have decreased by 12.3% and is now trading at $5.36.
View the best growth stocks for 2024 here
.

Gilat Satellite Networks Ltd. (NASDAQ:GILT) released its quarterly earnings results on Wednesday, August, 7th. The communications equipment provider reported $0.10 EPS for the quarter. The communications equipment provider earned $76.63 million during the quarter. Gilat Satellite Networks had a net margin of 6.80% and a trailing twelve-month return on equity of 8.23%.

Gilat Satellite Networks subsidiaries include 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.

Top institutional investors of Gilat Satellite Networks include Meitav Investment House Ltd. (1.97%), ARK Investment Management LLC (0.76%), Van ECK Associates Corp (0.06%) and GSA Capital Partners LLP (0.05%).

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 Palantir Technologies (PLTR), Block (SQ), Enovix (ENVX), NVIDIA (NVDA), Ginkgo Bioworks (DNA), Toast (TOST) and Luminar Technologies (LAZR).

Company Calendar

Last Earnings
8/07/2024
Today
11/05/2024
Next Earnings (Confirmed)
11/13/2024
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
+61.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$23.50 million
Pretax Margin
8.70%

Debt

Sales & Book Value

Annual Sales
$292.25 million
Cash Flow
$0.59 per share
Book Value
$4.82 per share

Miscellaneous

Free Float
56,373,000
Market Cap
$299.91 million
Optionable
Optionable
Beta
0.59

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This page (NASDAQ:GILT) was last updated on 11/5/2024 by MarketBeat.com Staff
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