The stock of Gilat Satellite Networks (GILT) has seen a -5.26% decrease in the past week, with a -9.23% drop in the past month, and a -10.54% decrease in the past quarter. The volatility ratio for the week is 1.71%, and the volatility levels for the past 30 days are at 1.94% for GILT. The simple moving average for the past 20 days is -7.09% for GILT’s stock, with a -16.63% simple moving average for the past 200 days.
Is It Worth Investing in Gilat Satellite Networks (NASDAQ: GILT) Right Now?
Gilat Satellite Networks (NASDAQ: GILT) has a price-to-earnings ratio of 12.33x that is above its average ratio. Additionally, the 36-month beta value for GILT is 0.59. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for GILT is 53.08M and currently, short sellers hold a 0.12% ratio of that float. The average trading volume of GILT on June 17, 2024 was 143.56K shares.
GILT) stock’s latest price update
Gilat Satellite Networks (NASDAQ: GILT) has experienced a decline in its stock price by -5.08 compared to its previous closing price of 5.24. However, the company has seen a fall of -5.26% in its stock price over the last five trading days. globenewswire.com reported 2024-06-17 that Gilat expects its annual revenues from Stellar Blu to range between $100 Million to $150 Million beginning in 2025, based on Stellar Blu’s robust backlog Gilat expects its annual revenues from Stellar Blu to range between $100 Million to $150 Million beginning in 2025, based on Stellar Blu’s robust backlog
Analysts’ Opinion of GILT
Many brokerage firms have already submitted their reports for GILT stocks, with Needham repeating the rating for GILT by listing it as a “Buy.” The predicted price for GILT in the upcoming period, according to Needham is $7 based on the research report published on June 27, 2023 of the previous year 2023.
Brigantine gave a rating of “Buy” to GILT, setting the target price at $5.50 in the report published on March 29th of the previous year.
GILT Trading at -8.15% from the 50-Day Moving Average
After a stumble in the market that brought GILT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.53% of loss for the given period.
Volatility was left at 1.94%, however, over the last 30 days, the volatility rate increased by 1.71%, as shares sank -8.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.46% lower at present.
During the last 5 trading sessions, GILT fell by -6.57%, which changed the moving average for the period of 200-days by -27.97% in comparison to the 20-day moving average, which settled at $5.33. In addition, Gilat Satellite Networks saw -18.59% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for GILT
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.38 for the gross margin
The net margin for Gilat Satellite Networks stands at 0.08. The total capital return value is set at 0.08. Equity return is now at value 8.62, with 5.65 for asset returns.
Based on Gilat Satellite Networks (GILT), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 3.16. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is 27.33.
Currently, EBITDA for the company is 31.67 million with net debt to EBITDA at -2.37. When we switch over and look at the enterprise to sales, we see a ratio of 0.67. The receivables turnover for the company is 3.71for trailing twelve months and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.00.
Conclusion
In conclusion, Gilat Satellite Networks (GILT) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
