NASDAQ:GILT

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

$5.14
+0.06 (+1.18%)
(As of 04/26/2024 08:52 PM ET)
Today's Range
$5.08
$5.15
50-Day Range
$5.08
$6.33
52-Week Range
$4.53
$7.16
Volume
118,700 shs
Average Volume
161,290 shs
Market Capitalization
$293.07 million
P/E Ratio
12.24
Dividend Yield
N/A
Price Target
$8.50

Gilat Satellite Networks MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
65.4% Upside
$8.50 Price Target
Short Interest
Healthy
0.11% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-1.00mentions of Gilat Satellite Networks in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.61 out of 5 stars

Computer And Technology Sector

473rd out of 589 stocks

Radio & T.V. Communications Equipment Industry

13th out of 18 stocks

GILT stock logo

About Gilat Satellite Networks Stock (NASDAQ:GILT)

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. The company designs and manufactures ground-based satellite communications equipment; and provides solutions and end-to-end 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. The company also offers 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. In addition, it provides 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 satellite operators, governments, system integrators, telecommunication companies and mobile network operators, satellite communication providers, ISPs, and homeland security and defense agencies, as well as directly to end-users. Gilat Satellite Networks Ltd. was incorporated in 1987 and is headquartered in Petah Tikva, Israel.

GILT Stock Price History

GILT Stock News Headlines

Gilat to Report First Quarter 2024 Results on May 8th
His win rate puts Warren Buffett to shame…
Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.
Gilat Satellite Networks Ltd
His win rate puts Warren Buffett to shame…
Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.
Gilat Satellite Networks
Gilat unveils strategy for 5G satellite evolution
3 Tech Stocks Poised for Market Domination
Gilat Announces Filing of 2023 Annual Report
See More Headlines
Receive GILT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Gilat Satellite Networks and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/26/2024
Today
4/28/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
N/A
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
+65.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$23.50 million
Pretax Margin
10.60%

Debt

Sales & Book Value

Annual Sales
$266.09 million
Cash Flow
$0.58 per share
Book Value
$4.82 per share

Miscellaneous

Free Float
56,373,000
Market Cap
$293.07 million
Optionable
Optionable
Beta
0.59

Social Links

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Key Executives

  • Mr. Adi Sfadia (Age 54)
    Chief Executive Officer
    Comp: $747.66k
  • Mr. Hagay Katz (Age 64)
    Chief Product & Marketing Officer
    Comp: $404.33k
  • Mr. Ron Levin (Age 49)
    Chief Commercial Officer
    Comp: $411.12k
  • Mr. Gil Benyamini (Age 49)
    Chief Financial Officer
  • Mr. Gilad Landsberg
    Chief Operations Officer
  • Mayrav Sher
    Head of Finance & Investor Relations
  • Mr. Doron Kerbel (Age 52)
    General Counsel & Company Secretary
  • Doreet Oren
    Senior Director of Corporate Communications
  • Mr. Yossi Gal (Age 63)
    Vice President of Sales Operations & Information Technologies
  • Ms. Lior Moyal (Age 46)
    Chief People Officer

GILT Stock Analysis - Frequently Asked Questions

Should I buy or sell Gilat Satellite Networks stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gilat Satellite Networks in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" GILT shares.
View GILT analyst ratings
or view top-rated stocks.

What is Gilat Satellite Networks' stock price target for 2024?

1 analysts have issued 12 month price objectives for Gilat Satellite Networks' stock. Their GILT share price targets range from $8.50 to $8.50. On average, they anticipate the company's share price to reach $8.50 in the next year. This suggests a possible upside of 65.4% from the stock's current price.
View analysts price targets for GILT
or view top-rated stocks among Wall Street analysts.

How have GILT shares performed in 2024?

Gilat Satellite Networks' stock was trading at $6.11 at the beginning of 2024. Since then, GILT shares have decreased by 15.9% and is now trading at $5.14.
View the best growth stocks for 2024 here
.

Are investors shorting Gilat Satellite Networks?

Gilat Satellite Networks saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 58,100 shares, an increase of 108.2% from the March 31st total of 27,900 shares. Based on an average daily volume of 171,900 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.
View Gilat Satellite Networks' Short Interest
.

When is Gilat Satellite Networks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our GILT earnings forecast
.

How can I listen to Gilat Satellite Networks' earnings call?

Gilat Satellite Networks will be holding an earnings conference call on Wednesday, May 8th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Gilat Satellite Networks' earnings last quarter?

Gilat Satellite Networks Ltd. (NASDAQ:GILT) issued its earnings results on Monday, February, 26th. The communications equipment provider reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate 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 7.42% and a net margin of 8.83%.

Is Gilat Satellite Networks a good dividend stock?

Gilat Satellite Networks (NASDAQ:GILT) pays an annual dividend of $0.47 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 111.90%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for GILT.

What ETFs hold Gilat Satellite Networks' stock?

ETFs with the largest weight of Gilat Satellite Networks (NASDAQ:GILT) stock in their portfolio include ARK Israel Innovative Technology ETF (IZRL).Amplify BlueStar Israel Technology ETF (ITEQ).

What guidance has Gilat Satellite Networks issued on next quarter's earnings?

Gilat Satellite Networks updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $305.0 million-$325.0 million, compared to the consensus revenue estimate of $291.6 million.

What other stocks do shareholders of Gilat Satellite Networks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Gilat Satellite Networks investors own include Marvell Technology (MRVL), Inseego (INSG), Nokia Oyj (NOK), Comtech Telecommunications (CMTL), NVIDIA (NVDA), Cisco Systems (CSCO), Skyworks Solutions (SWKS), Alibaba Group (BABA), Block (SQ) and Advanced Micro Devices (AMD).

Who are Gilat Satellite Networks' major shareholders?

Gilat Satellite Networks' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.30%).

How do I buy shares of Gilat Satellite Networks?

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.

Does Gilat Satellite Networks have any subsidiaries?
The following companies are subsidiares of Gilat Satellite Networks: Gilat Colombia S.A.S E.S.P, Gilat Networks Peru S.A, Gilat Satellite Communication Technology (Beijing) Ltd., Gilat Satellite Networks (Eurasia) Limited, Gilat Satellite Networks (Holland) B.V., Gilat Satellite Networks (Mexico) S.A. de C.V., Gilat Satellite Networks (Philippines) Inc., Gilat Satellite Networks Australia Pty Ltd., Gilat Satellite Networks MDC (Moldova), Gilat do Brazil Ltda., Gilat to Home Peru S.A, RaySat, Raysat Bulgaria EOOD, Wavestream, Wavestream, and rStar.
Read More
This page (NASDAQ:GILT) was last updated on 4/29/2024 by MarketBeat.com Staff

From Our Partners