Currently, there are 128.39M common shares owned by the public and among those 107.46M shares have been available to trade.
The company’s stock has a 5-day price change of 52.58% and 2.16% over the past three months. VSAT shares are trading 38.78% year to date (YTD), with the 12-month market performance down to -50.57% lower. It has a 12-month low price of $6.69 and touched a high of $26.70 over the same period. VSAT has an average intraday trading volume of 3.10 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 31.68%, 32.66%, and -12.87% respectively.
Institutional ownership of Viasat, Inc (NASDAQ: VSAT) shares accounts for 80.23% of the company’s 128.39M shares outstanding.
It has a market capitalization of $1.52B and a beta (3y monthly) value of 1.34. The earnings-per-share (ttm) stands at -$3.04. Price movements for the stock have been influenced by the stock’s volatility, which stands at 14.04% over the week and 9.90% over the month.
Earnings per share for the fiscal year are expected to decrease by -294.42%, and 26.56% over the next financial year.
Looking at the support for the VSAT, a number of firms have released research notes about the stock. Needham stated their Buy rating for the stock in a research note on October 15, 2024, with the firm’s price target at $28-$19. JP Morgan coverage for the Viasat, Inc (VSAT) stock in a research note released on September 17, 2024 offered a Neutral rating with a price target of $15. JP Morgan was of a view on October 17, 2023 that the stock is Overweight, while Deutsche Bank gave the stock Hold rating on October 17, 2023, issuing a price target of $22. JP Morgan on their part issued Neutral rating on August 16, 2023.
