William Blair Has Pessimistic Outlook of GILT Q3 Earnings

Gilat Satellite Networks Ltd. (NASDAQ:GILT) – Equities research analysts at William Blair dropped their Q3 2025 EPS estimates for shares of Gilat Satellite Networks in a note issued to investors on Monday, May 19th. William Blair analyst L. Dipalma now forecasts that the communications equipment provider will post earnings of $0.12 per share for the quarter, down from their previous estimate of $0.14. The consensus estimate for Gilat Satellite Networks’ current full-year earnings is $0.50 per share.

Gilat Satellite Networks (NASDAQ:GILT) last issued its earnings results on Monday, May 19th. The communications equipment provider reported $0.03 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.04). The firm had revenue of $92.04 million during the quarter, compared to analyst estimates of $100.67 million. Gilat Satellite Networks had a net margin of 8.14% and a return on equity of 9.74%.

GILT has been the topic of several other reports. Needham & Company LLC reaffirmed a “buy” rating and set a $8.50 price target on shares of Gilat Satellite Networks in a report on Tuesday. StockNews.com lowered shares of Gilat Satellite Networks from a “buy” rating to a “hold” rating in a report on Tuesday.

Gilat Satellite Networks Price Performance

Shares of NASDAQ:GILT opened at $5.86 on Wednesday. The firm has a 50 day moving average of $6.31 and a 200-day moving average of $6.37. The stock has a market capitalization of $334.12 million, a PE ratio of 13.32 and a beta of 0.37. The company has a current ratio of 2.52, a quick ratio of 2.14 and a debt-to-equity ratio of 0.01. Gilat Satellite Networks has a 12 month low of $4.04 and a 12 month high of $8.05.

Institutional Investors Weigh In On Gilat Satellite Networks

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Inspire Investing LLC bought a new stake in shares of Gilat Satellite Networks during the 4th quarter valued at approximately $864,000. Raymond James Financial Inc. bought a new stake in Gilat Satellite Networks during the 4th quarter worth approximately $226,000. Van ECK Associates Corp grew its holdings in Gilat Satellite Networks by 279.0% during the 4th quarter. Van ECK Associates Corp now owns 136,380 shares of the communications equipment provider’s stock worth $839,000 after acquiring an additional 100,396 shares during the last quarter. Diametric Capital LP grew its holdings in Gilat Satellite Networks by 38.5% during the 4th quarter. Diametric Capital LP now owns 38,691 shares of the communications equipment provider’s stock worth $238,000 after acquiring an additional 10,759 shares during the last quarter. Finally, Lazard Asset Management LLC grew its holdings in Gilat Satellite Networks by 62.9% during the 4th quarter. Lazard Asset Management LLC now owns 167,268 shares of the communications equipment provider’s stock worth $1,028,000 after acquiring an additional 64,610 shares during the last quarter. 35.72% of the stock is owned by institutional investors.

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.