Viasat Inc. [NASDAQ: VSAT] closed the trading session at $40.56 on 08/24/20. The day’s price range saw the stock hit a low of $39.296, while the highest price level was $40.83. The company report on August 18, 2020 that Viasat Selected As a Top 30 Innovator in the U.S. Air Force AFWERX Joint All-Domain Command & Control Demonstration Event.
As Part of the Event, AFWERX Established a Contract Vehicle for Department of Defense Users to Immediately Gain Access to Developing Technologies, including those Demonstrated by Viasat.
Viasat Inc. (NASDAQ: VSAT), a global communications company, announced today it was one of 30 industry teams competitively selected by the U.S. Air Force AFWERX program to virtually demonstrate new and emerging capabilities, including its advanced Hybrid Adaptive Network (HAN) satellite communications (SATCOM) capabilities in support of Joint All-Domain Command & Control (JADC2) efforts. The demonstration, which brought together senior leaders from across the Department of Defense (DoD), enabled Viasat to showcase its capability to provide an open multi-network, multi-orbit SATCOM enterprise that leverages commercial innovation to enhance resilience, performance and warfighter effectivity across a contested, multi-domain battlespace.
The stocks have a year to date performance of -44.59 percent and weekly performance of -1.82 percent. The stock has been moved at -27.94 percent over the last six months. The stock has performed 8.51 percent around the most recent 30 days and changed -15.02 percent over the most recent 3-months.
If compared to the average trading volume of 559.66K shares, VSAT reached to a volume of 1232496 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Viasat Inc. [VSAT]:
Barclays have made an estimate for Viasat Inc. shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on April 20, 2020. While these analysts kept the previous recommendation, Needham dropped their target price from $80 to $55. The new note on the price target was released on March 26, 2020, representing the official price target for Viasat Inc. stock.
The Average True Range (ATR) for Viasat Inc. is set at 1.31, with the Price to Sales ratio for VSAT stock in the period of the last 12 months amounting to 1.22. The Price to Book ratio for the last quarter was 1.22, with the Price to Cash per share for the same quarter was set at 3.35.
VSAT stock trade performance evaluation
Viasat Inc. [VSAT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.82. With this latest performance, VSAT shares gained by 8.51% in over the last four-week period, additionally sinking by -27.94% over the last 6 months – not to mention a drop of -46.79% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VSAT stock in for the last two-week period is set at 54.03, with the RSI for the last a single of trading hit 53.45, and the three-weeks RSI is set at 52.79 for Viasat Inc. [VSAT]. The present Moving Average for the last 50 days of trading for this stock 38.99, while it was recorded at 40.45 for the last single week of trading, and 51.45 for the last 200 days.
Viasat Inc. [VSAT]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Viasat Inc. [VSAT] shares currently have an operating margin of +1.66 and a Gross Margin at +29.96. Viasat Inc.’s Net Margin is presently recorded at -0.01.
Return on Total Capital for VSAT is now 1.02, given the latest momentum, and Return on Invested Capital for the company is -0.01. Return on Equity for this stock declined to -0.01, with Return on Assets sitting at 0.00. When it comes to the capital structure of this company, Viasat Inc. [VSAT] has a Total Debt to Total Equity ratio set at 107.51. Additionally, VSAT Total Debt to Total Capital is recorded at 51.81, with Total Debt to Total Assets ending up at 44.64. Long-Term Debt to Equity for the company is recorded at 103.97, with the Long-Term Debt to Total Capital now at 50.10.
Reflecting on the efficiency of the workforce at the company, Viasat Inc. [VSAT] managed to generate an average of -$35 per employee. Receivables Turnover for the company is 7.32 with a Total Asset Turnover recorded at a value of 0.52.Viasat Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.60.
Earnings per share (EPS) analysis for Viasat Inc. [VSAT] stock
With the latest financial reports released by the company, Viasat Inc. posted 0.05/share EPS, while the average EPS was predicted by analysts to be reported at -0.12/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 141.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VSAT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Viasat Inc. go to 34.20%.
Viasat Inc. [VSAT]: Insider Ownership positions
There are presently around $2,225 million, or 81.50% of VSAT stock, in the hands of institutional investors. The top three institutional holders of VSAT stocks are: BAUPOST GROUP LLC/MA with ownership of 13,732,068, which is approximately 0% of the company’s market cap and around 0.10% of the total institutional ownership; FPR PARTNERS LLC, holding 6,271,529 shares of the stock with an approximate value of $254.37 million in VSAT stocks shares; and VANGUARD GROUP INC, currently with $225.44 million in VSAT stock with ownership of nearly 2.01% of the company’s market capitalization.
Positions in Viasat Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 121 institutional holders increased their position in Viasat Inc. [NASDAQ:VSAT] by around 2,987,688 shares. Additionally, 94 investors decreased positions by around 3,551,418 shares, while 21 investors held positions by with 48,318,825 shares. The mentioned changes placed institutional holdings at 54,857,931 shares, according to the latest SEC report filing. VSAT stock had 30 new institutional investments in for a total of 457,995 shares, while 32 institutional investors sold positions of 1,498,924 shares during the same period.