Gilat Satellite Networks [NASDAQ: GILT] surged by $0.09 during the normal trading session on while it closed the day at $6.67.
Gilat Satellite Networks stock has also gained 6.21% of its value over the past 7 days. However, GILT stock has inclined by 32.87% in the 3 months of the year. Over the past six months meanwhile, it has gained 44.06% and gained 8.46% year-on date.
The market cap for GILT stock reached $380.30 million, with 57.02 million shares outstanding and 55.80 million shares in the current float. Compared to the average trading volume of 320.88K shares, GILT reached a trading volume of 266047 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 Gilat Satellite Networks [GILT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GILT shares is $8.15 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GILT stock is a recommendation set at 1.00. 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.
William Blair have made an estimate for Gilat Satellite Networks shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on September 26, 2024. While these analysts kept the previous recommendation, Needham raised their target price to Buy. The new note on the price target was released on June 27, 2023, representing the official price target for Gilat Satellite Networks stock.
The Average True Range (ATR) for Gilat Satellite Networks is set at 0.24, with the Price to Sales ratio for GILT stock in the period of the last 12 months amounting to 1.26. The Price to Book ratio for the last quarter was 1.30, with the Price to Cash per share for the same quarter was set at 1.94. Price to Free Cash Flow for GILT in the course of the last twelve months was 20.24 with Quick ratio for the last quarter at 1.84.
GILT stock trade performance evaluation
Gilat Satellite Networks [GILT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.21. With this latest performance, GILT shares gained by 9.17% in over the last four-week period, additionally plugging by 44.06% over the last 6 months – not to mention a rise of 13.44% 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 GILT stock in for the last two-week period is set at 66.69, with the RSI for the last a single of trading hit 69.13, and the three-weeks RSI is set at 65.06 for Gilat Satellite Networks [GILT]. The present Moving Average for the last 50 days of trading for this stock 5.87, while it was recorded at 6.57 for the last single week of trading, and 5.19 for the last 200 days.
Gilat Satellite Networks [GILT]: An insightful look at the core fundamentals
Gilat Satellite Networks’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.84 and a Current Ratio set at 2.17.
Earnings per share (EPS) analysis for Gilat Satellite Networks [GILT] stock
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 GILT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Gilat Satellite Networks go to 5.70%.
Gilat Satellite Networks [GILT]: Institutional Ownership
There are presently around $31.69%, or 31.69%% of GILT stock, in the hands of institutional investors. The top three institutional holders of GILT stocks are: PHOENIX HOLDINGS LTD. with ownership of 3.15 million shares, which is approximately 5.5198%. AWM INVESTMENT COMPANY, INC., holding 2.14 million shares of the stock with an approximate value of $$9.58 million in GILT stocks shares; and AWM INVESTMENT COMPANY, INC., currently with $$8.51 million in GILT stock with ownership which is approximately 3.3396%.
