ViaSat, Inc. (NASDAQ:VSAT) is scheduled to be releasing its earnings data after the market closes on Monday, November 6th. Analysts expect ViaSat to post earnings of $0.02 per share for the quarter.

ViaSat (NASDAQ:VSAT) last released its quarterly earnings results on Tuesday, August 8th. The communications equipment provider reported $0.04 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.03). The business had revenue of $380.00 million during the quarter, compared to analyst estimates of $384.29 million. ViaSat had a net margin of 0.82% and a return on equity of 1.21%. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.23 earnings per share. On average, analysts expect ViaSat to post $-1.05 EPS for the current fiscal year and $0.37 EPS for the next fiscal year.

Shares of ViaSat, Inc. (VSAT) opened at 64.61 on Monday. The stock has a 50 day moving average of $63.83 and a 200 day moving average of $64.63. ViaSat, Inc. has a 52-week low of $57.75 and a 52-week high of $82.19. The firm has a market capitalization of $3.75 billion, a price-to-earnings ratio of 279.70 and a beta of 0.71.

A number of analysts have commented on VSAT shares. B. Riley restated a “buy” rating and set a $89.00 price target on shares of ViaSat in a research report on Sunday, August 13th. TheStreet downgraded shares of ViaSat from a “b-” rating to a “c” rating in a report on Wednesday, August 9th. Barclays PLC reiterated an “equal weight” rating and issued a $80.00 target price (down from $82.00) on shares of ViaSat in a report on Monday, July 10th. Zacks Investment Research upgraded shares of ViaSat from a “sell” rating to a “hold” rating in a report on Wednesday, October 25th. Finally, Jefferies Group LLC set a $67.00 target price on shares of ViaSat and gave the stock a “hold” rating in a report on Sunday, September 10th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $73.70.

In other news, CEO Mark D. Dankberg sold 28,500 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $66.00, for a total transaction of $1,881,000.00. Following the sale, the chief executive officer now owns 28,500 shares in the company, valued at $1,881,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jeffrey M. Nash sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $64.94, for a total transaction of $129,880.00. The disclosure for this sale can be found here. Insiders sold a total of 179,350 shares of company stock worth $11,258,137 over the last quarter. Insiders own 7.70% of the company’s stock.

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ViaSat Company Profile

ViaSat, Inc is engaged in broadband technologies and services. The Company operates through three segments: satellite services, commercial networks and government systems. The satellite services segment provides satellite-based broadband services to consumers, enterprises, commercial airlines and mobile broadband customers primarily in the United States.

Earnings History for ViaSat (NASDAQ:VSAT)

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