Gilat Satellite Networks (NASDAQ:GILT – Get Free Report) was upgraded by stock analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a report issued on Sunday.
Gilat Satellite Networks Stock Down 1.0 %
GILT stock opened at $6.09 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.90 and a quick ratio of 1.60. Gilat Satellite Networks has a 1-year low of $4.51 and a 1-year high of $7.16. The firm has a fifty day moving average price of $5.95 and a two-hundred day moving average price of $6.11. The firm has a market cap of $347.25 million, a price-to-earnings ratio of 14.50 and a beta of 0.59.
Gilat Satellite Networks (NASDAQ:GILT – Get Free Report) last released its quarterly earnings results on Monday, February 26th. The communications equipment provider reported $0.11 EPS for the quarter, topping the consensus estimate of $0.06 by $0.05. The business had revenue of $75.61 million during the quarter. Gilat Satellite Networks had a net margin of 8.83% and a return on equity of 7.42%.
Hedge Funds Weigh In On Gilat Satellite Networks
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. The company designs and manufactures ground-based satellite communications equipment; and provides solutions and end-to-end services.
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