Viasat, Inc. [NASDAQ: VSAT] jumped around 6.72 points on Thursday, while shares priced at $24.49 at the close of the session, up 37.82%.
Compared to the average trading volume of 2.05M shares, VSAT reached a trading volume of 8344883 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about Viasat, Inc. [VSAT]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VSAT shares is $29.57 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VSAT stock is a recommendation set at 2.11. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for Viasat, Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on October 17, 2023. While these analysts kept the previous recommendation, Deutsche Bank raised their target price to Hold. The new note on the price target was released on October 17, 2023, representing the official price target for Viasat, Inc. stock. Previously, the target price had yet another raise to $35, while JP Morgan analysts kept a Neutral rating on VSAT stock.
The Average True Range (ATR) for Viasat, Inc. is set at 1.81, with the Price to Sales ratio for VSAT stock in the period of the last 12 months amounting to 0.68. The Price to Book ratio for the last quarter was 0.61, with the Price to Cash per share for the same quarter was set at 14.18.
How has VSAT stock performed recently?
Viasat, Inc. [VSAT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 30.40. With this latest performance, VSAT shares gained by 65.81% in over the last four-week period, additionally plugging by 31.38% over the last 6 months – not to mention a drop of -16.56% 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 73.97, with the RSI for the last a single of trading hit 77.93, and the three-weeks RSI is set at 70.52 for Viasat, Inc. [VSAT]. The present Moving Average for the last 50 days of trading for this stock 15.83, while it was recorded at 19.15 for the last single week of trading, and 19.02 for the last 200 days.
Viasat, Inc. [VSAT]: Deeper insight into the fundamentals
Viasat, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.78 and a Current Ratio set at 3.08.
Insider trade positions for Viasat, Inc. [VSAT]
The top three institutional holders of VSAT stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in VSAT stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in VSAT stock with ownership which is approximately 5.1238%.
