William Blair Has Negative Forecast for GILT Q2 Earnings

Gilat Satellite Networks Ltd. (NASDAQ:GILT) – Equities research analysts at William Blair decreased their Q2 2025 earnings estimates for shares of Gilat Satellite Networks in a research note issued on Monday, May 19th. William Blair analyst L. Dipalma now forecasts that the communications equipment provider will post earnings per share of $0.00 for the quarter, down from their prior forecast of $0.11. The consensus estimate for Gilat Satellite Networks’ current full-year earnings is $0.50 per share. William Blair also issued estimates for Gilat Satellite Networks’ FY2025 earnings at $0.33 EPS and FY2026 earnings at $0.72 EPS.

Several other research analysts also recently issued reports on GILT. Needham & Company LLC reiterated a “buy” rating and issued a $8.50 target price on shares of Gilat Satellite Networks in a research note on Tuesday. Wall Street Zen downgraded shares of Gilat Satellite Networks from a “buy” rating to a “hold” rating in a research note on Tuesday.

Gilat Satellite Networks Trading Down 3.8%

Shares of NASDAQ GILT opened at $5.64 on Thursday. The firm’s 50 day moving average price is $6.28 and its 200-day moving average price is $6.38. The company has a market cap of $321.58 million, a PE ratio of 12.82 and a beta of 0.37. Gilat Satellite Networks has a 52-week low of $4.04 and a 52-week high of $8.05. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.14 and a current ratio of 2.52.

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

Hedge Funds Weigh In On Gilat Satellite Networks

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

About Gilat Satellite Networks

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.