Viasat, Inc. (NASDAQ:VSAT – Free Report) – Equities research analysts at William Blair issued their FY2027 EPS estimates for Viasat in a report released on Wednesday, May 21st. William Blair analyst L. Dipalma anticipates that the communications equipment provider will earn ($0.09) per share for the year. William Blair has a “Market Perform” rating on the stock. The consensus estimate for Viasat’s current full-year earnings is ($0.54) per share.
Several other research analysts have also issued reports on VSAT. Wall Street Zen upgraded Viasat from a “sell” rating to a “hold” rating in a report on Friday, March 7th. Needham & Company LLC cut their price target on Viasat from $19.00 to $16.00 and set a “buy” rating on the stock in a report on Thursday. Barclays increased their price target on Viasat from $9.00 to $10.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 26th. Deutsche Bank Aktiengesellschaft upgraded Viasat from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a report on Monday, March 24th. Finally, Morgan Stanley cut their price target on Viasat from $26.00 to $12.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 4th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Viasat has an average rating of “Hold” and a consensus target price of $14.14.
Viasat Stock Down 9.2%
VSAT stock opened at $9.15 on Monday. The stock’s 50 day simple moving average is $9.49 and its 200 day simple moving average is $9.28. The company has a market cap of $1.18 billion, a P/E ratio of -2.72 and a beta of 1.01. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.60 and a current ratio of 1.80. Viasat has a fifty-two week low of $6.69 and a fifty-two week high of $26.70.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of VSAT. Inspire Investing LLC lifted its holdings in shares of Viasat by 38.9% in the fourth quarter. Inspire Investing LLC now owns 47,484 shares of the communications equipment provider’s stock valued at $404,000 after purchasing an additional 13,302 shares in the last quarter. KBC Group NV lifted its holdings in shares of Viasat by 107.9% in the fourth quarter. KBC Group NV now owns 5,453 shares of the communications equipment provider’s stock valued at $46,000 after purchasing an additional 2,830 shares in the last quarter. Everett Harris & Co. CA bought a new position in shares of Viasat in the fourth quarter valued at approximately $1,111,000. Caitlin John LLC lifted its holdings in shares of Viasat by 274.4% in the fourth quarter. Caitlin John LLC now owns 10,259 shares of the communications equipment provider’s stock valued at $87,000 after purchasing an additional 7,519 shares in the last quarter. Finally, Empowered Funds LLC bought a new position in shares of Viasat in the fourth quarter valued at approximately $1,801,000. Institutional investors own 86.05% of the company’s stock.
Viasat Company Profile
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.
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