Viasat (VSAT) Stock Price, News & Analysis

Company Overview

Viasat, Inc. provides broadband and communications products and services worldwide. The company's Satellite Services segment offers satellite-based fixed broadband services, including broadband internet access and voice over internet protocol services to consumers and businesses; in-flight entertainment and aviation software services to commercial airlines and private business jets; satellite-based connectivity services; mobile broadband services, including satellite-based internet services to energy offshore vessels, cruise ships, consumer ferries, and yachts; and energy services, which include ultra-secure solutions IP connectivity, bandwidth-optimized over-the-top applications, industrial internet-of-things big data enablement, and industry-leading machine learning analytics. Its Commercial Networks segment offers fixed broadband satellite communication systems comprising satellite network infrastructure and ground terminals; mobile broadband satellite communication systems; antenna systems for terrestrial and satellite applications, such as earth imaging, remote sensing, mobile satellite communication, Ka-band earth stations, and other multi-band antennas; and space systems design and satellite networking development systems. The company's Government Systems segment offers government mobile broadband products and services include mobile broadband modems, and terminals and network access control systems; mesh and hub-and-spoke satellite networking systems; secure networking, cybersecurity, and information assurance products; and tactical data link solutions. It designs and development of satellite and ground communications systems and network function virtualization, as well as ground-based network subsystems, as well as space system design and development products and services include architectures for GEO, MEO, LEO satellites, and other satellite platforms. The company was incorporated in 1986 and is headquartered in Carlsbad, California.

Key Stats

• Today's Range: $9.53 to $10.31
• 50-Day Range: $9.60 to $17.33
• 52-Week Range: $9.52 to $29.11
• Volume: 2.23 million shs
• Average Volume: 1.73 million shs
• Market Capitalization: $1.23 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $20.83
• Consensus Rating: Hold

Viasat Stock Analysis - MarketRank™

Viasat scored higher than 77% of companies evaluated by MarketBeat, and ranked 214th out of 670 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

Viasat has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Viasat has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Viasat are expected to grow in the coming year, from ($1.50) to ($1.02) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Viasat is -1.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Viasat is -1.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Viasat has a P/B Ratio of 0.24. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

12.45% of the outstanding shares of Viasat have been sold short.

Short Interest Ratio / Days to Cover

Viasat has a short interest ratio ("days to cover") of 7.

Change versus previous month

Short interest in Viasat has recently increased by 6.35%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Viasat does not currently pay a dividend.

Dividend Growth

Viasat does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.1 / 5
• Environmental Score: -1.26

Percentage of Shares Shorted

12.45% of the outstanding shares of Viasat have been sold short.

Short Interest Ratio / Days to Cover

Viasat has a short interest ratio ("days to cover") of 7.

Change versus previous month

Short interest in Viasat has recently increased by 6.35%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.39

News Sentiment

Viasat has a news sentiment score of 0.39. 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 0.55 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Viasat this week, compared to 5 articles on an average week.

Search Interest

Only 4 people have searched for VSAT on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.

MarketBeat Follows

12 people have added Viasat to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Viasat insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $55,947,696.00 in company stock.

Percentage Held by Insiders

Only 3.20% of the stock of Viasat is held by insiders.

Percentage Held by Institutions

86.05% of the stock of Viasat is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

VSAT Stock Analysis - Frequently Asked Questions

How have VSAT shares performed this year?

Viasat's stock was trading at $27.95 on January 1st, 2024. Since then, VSAT shares have decreased by 65.7% and is now trading at $9.60.
View the best growth stocks for 2024 here.

How were Viasat's earnings last quarter?

Viasat, Inc. (NASDAQ:VSAT) announced its quarterly earnings results on Wednesday, August, 7th. The communications equipment provider reported ($0.26) EPS for the quarter, beating analysts' consensus estimates of ($0.42) by $0.16. Viasat's quarterly revenue was up 41.1% on a year-over-year basis.

Does Viasat have any subsidiaries?

The following companies are subsidiaries of Viasat: Connect Topco Limited, Euro Broadband Infrastructure, Euro Infrastructure Co, RigNet, Horsebridge Defence & Security Ltd., Arconics, Engreen Inc., and others.

Who are Viasat's major shareholders?

Viasat's top institutional shareholders include Principal Financial Group Inc. (0.31%), Hi Line Capital Management LLC (0.20%), Waypoint Capital Advisors LLC (0.15%) and State of Alaska Department of Revenue (0.04%). Insiders that own company stock include Cpp Investment Board Private H, James Michael Dodd, Craig Andrew Miller, Keven K Lippert, Robert W Johnson, Kevin J Harkenrider and Richard A Baldridge.
View institutional ownership trends.

How do I buy shares of Viasat?

Shares of VSAT 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.

What other stocks do shareholders of Viasat own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Viasat investors own include Waste Connections (WCN), American Water Works (AWK), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY), Humana (HUM) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 8/07/2024
• Today: 10/31/2024
• Next Earnings (Confirmed): 11/06/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Radio & t.v. communications equipment
• Sub-Industry: Communications Equipment
• Current Symbol: NASDAQ:VSAT
• CUSIP: 92552V10
• CIK: 797721
• Web: www.viasat.com
• Phone: (760) 476-2200
• Fax: 760-929-3941
• Employees: 7,500
• Year Founded: 1986

Price Target and Rating

• Average Stock Price Target: $20.83
• High Stock Price Target: $26.00
• Low Stock Price Target: $15.00
• Potential Upside/Downside: +117.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($8.21)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-1,068,900,000.00
• Net Margins: -22.13%
• Pretax Margin: -24.60%
• Return on Equity: -19.76%
• Return on Assets: -6.13%

Debt

• Debt-to-Equity Ratio: 1.40
• Current Ratio: 3.08
• Quick Ratio: 2.78

Sales & Book Value

• Annual Sales: $4.63 billion
• Price / Sales: 0.26
• Cash Flow: $0.74 per share
• Price / Cash Flow: 12.94
• Book Value: $40.48 per share
• Price / Book: 0.24

Miscellaneous

• Outstanding Shares: 127,779,000
• Free Float: 123,690,000
• Market Cap: $1.23 billion
• Optionable: Optionable
• Beta: 1.34