As of Friday close, Viasat Inc.’s (NASDAQ:VSAT) stock was up $0.08, moving up 0.23 percent to $34.65. The average number of shares traded per day over the past five days has been 3,932,560 shares. 2 times new highs have been achieved over the past 5 days, with a $0.22 gain in that time frame. In the last twenty days, the average volume was 1,394,425, while in the previous 50 days, it was 828,672.
Since last month, VSAT stock retreated -0.94%. Shares of the company fell to $30.96 on 03/02/23, the lowest level in the past month. A 52-week high of $50.59 was reached on 01/12/23 after having rallying from a 52-week low of $25.38. Since the beginning of this year, VSAT’s stock price has risen by 9.48% or $3.00, and marked a new high 6 times. However, the stock has declined by -31.51% since its 52-week high.
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VSAT stock investors should be aware that Viasat Inc. (VSAT) stock had its last reported insider trading activity 12 days ago on Mar 06. Miller Craig Andrew, the Pres. Government Systems of the company, disposed of 300 shares for $33.97 on Mar 06. It resulted in a $10,191 divestment by the insider. Lippert Keven K sold 2,700 shares at an average price of $32.03 on Feb 24. The insider now owns 6,224 shares following the transaction. On Feb 21, Executive Vice President Lippert Keven K sold 2,700 shares at $33.43 apiece. The transaction was valued at $90,261.
Valuation Metrics
The stock’s beta is 1.25. Besides these, the trailing price-to-sales (P/S) ratio of 1.05, the price-to-book (PB) ratio of 1.02.
Financial Health
In the three months ended December 30, Viasat Inc.’s quick ratio stood at 1.20, while its current ratio was 1.50, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 1.12, and the total debt-to-equity ratio was 1.14. On the profitability front, the trailing twelve-month gross margin is 28.90% percent. In the year ended December 30, operating margins totaled -4.20%. Based on annual data, VSAT earned $847.51 million in gross profit and brought in $2.79 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 0.40%. Return on equity (ROE) for the past 12 months was -5.40%.
In Viasat Inc.’s quarter-end financial report for December 30, it reported total debt of $1.69 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. VSAT’s revenue fell -10.48% to $656.68 million during the quarter, while net income inched up to $651.44 million. While analysts expected Viasat Inc. to report -$0.14 quarterly earnings, the actual figure was -$0.55 per share, beating the consensus estimate by -292.90%. During the quarter, the company generated $93.68 million in EBITDA. The liabilities of Viasat Inc. were 4.18 billion at the end of its most recent quarter ended December 30, and its total debt was $3.22 billion. The value of shareholders’ equity is $76.37 million.
Technical Picture
This quick technical analysis looks at Viasat Inc.’s (VSAT) price momentum. With a historical volatility rate of 47.21%, the RSI 9-day stood at 50.73% on 17 March.
With respect to its five-day moving average, the current Viasat Inc. price is up by +0.64% percent or $0.22. At present, VSAT shares trade +5.29% above its 20-day simple moving average and -9.01% percent below its 100-day simple moving average. However, the stock is currently trading approximately +3.53% above its SMA50 and -12.26% below its SMA200.
Stochastic coefficient K was 56.16% and Stochastic coefficient D was 67.06%, while ATR was 1.87. Given the Stochastic reading of 54.11% for the 14-day period, the RSI (14) reading has been calculated as 51.40%. As of today, the MACD Oscillator reading stands at -0.53, while the 14-day reading stands at 0.36.
Analyst Ratings
Viasat Inc. downgraded its rating on Viasat Inc. (NASDAQ: VSAT) to a Mkt perform in a note to investors on January 26, 2023. The analysts firm previously had an Outperform rating on the stock.Viasat Inc. (VSAT) has been rated Overweight by analysts. According to 0 brokerage firms, VSAT is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Viasat Inc. stock as buy, with 3 recommending it as overweight.
With a median target price of $44.00, the current consensus forecast for the stock is $37.00 – $79.00. Based on these forecasts, analysts predict Viasat Inc. (VSAT) will achieve an average price target of $51.00.