Viasat, Inc (NASDAQ: VSAT): Reassessing Prospects

Viasat, Inc (VSAT) concluded trading on Wednesday at a closing price of $9.48, with 3.53 million shares of worth about $33.46 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -51.48% during that period and on January 29, 2025 the price saw a loss of about -7.29%. Currently the company’s common shares owned by public are about 128.39M shares, out of which, 107.46M shares are available for trading.

Stock saw a price change of -12.02% in past 5 days and over the past one month there was a price change of 1.12%. Year-to-date (YTD), VSAT shares are showing a performance of 11.34% which decreased to -59.18% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.69 but also hit the highest price of $26.70 during that period. The average intraday trading volume for Viasat, Inc shares is 3.56 million. The stock is currently trading 0.19% above its 20-day simple moving average (SMA20), while that difference is up 4.15% for SMA50 and it goes to -29.08% lower than SMA200.

Viasat, Inc (NASDAQ: VSAT) currently have 128.39M outstanding shares and institutions hold larger chunk of about 80.57% of that.

The stock has a current market capitalization of $1.22B and its 3Y-monthly beta is at 1.36. It has posted earnings per share of -$3.04 in the same period. It has Quick Ratio of 1.34 while making debt-to-equity ratio of 1.88. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for VSAT, volatility over the week remained 10.13% while standing at 10.50% over the month.

Stock’s fiscal year EPS is expected to drop by -295.56% while it is estimated to increase by 27.07% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Cantor Fitzgerald on January 24, 2025 offering a Neutral rating for the stock and assigned a target price of $12 to it. Coverage by Needham stated Viasat, Inc (VSAT) stock as a Buy in their note to investors on October 15, 2024, suggesting a price target of $19 for the stock. On September 17, 2024, JP Morgan Downgrade their recommendations, while on October 17, 2023, JP Morgan Upgrade their ratings for the stock with a price target of $30. Stock get a Hold rating from Deutsche Bank on October 17, 2023.

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