ViaSat (NASDAQ:VSAT) is scheduled to release its earnings data after the market closes on Thursday, May 23rd. Analysts expect ViaSat to post earnings of ($0.25) per share for the quarter.
Shares of VSAT opened at $90.56 on Friday. The firm has a market cap of $5.43 billion, a price-to-earnings ratio of -105.30 and a beta of 0.96. The company has a quick ratio of 0.96, a current ratio of 1.44 and a debt-to-equity ratio of 0.60. ViaSat has a 1-year low of $55.93 and a 1-year high of $92.62.
In other ViaSat news, Director Jeffrey M. Nash sold 5,000 shares of the stock in a transaction dated Friday, February 22nd. The shares were sold at an average price of $75.00, for a total transaction of $375,000.00. Following the completion of the transaction, the director now owns 5,000 shares of the company’s stock, valued at approximately $375,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ken Allen Peterman sold 47,625 shares of the stock in a transaction dated Tuesday, April 2nd. The shares were sold at an average price of $78.09, for a total transaction of $3,719,036.25. The disclosure for this sale can be found here. Insiders have sold a total of 55,625 shares of company stock valued at $4,339,006 in the last three months. Insiders own 8.10% of the company’s stock.
A number of brokerages have weighed in on VSAT. B. Riley boosted their target price on shares of ViaSat from $89.00 to $145.00 and gave the company a “buy” rating in a research note on Friday, April 26th. BidaskClub upgraded ViaSat from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, April 10th. Zacks Investment Research upgraded ViaSat from a “hold” rating to a “buy” rating and set a $101.00 price target for the company in a research note on Monday. ValuEngine upgraded ViaSat from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, April 10th. Finally, Barclays reiterated a “sell” rating and issued a $66.00 price target on shares of ViaSat in a research note on Wednesday, February 13th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $82.88.
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ViaSat Company Profile
Viasat, Inc provides broadband and communications products and services worldwide. The company's Satellite Services segment offers satellite-based fixed broadband services, including broadband Internet access and voice over Internet protocol services to consumers and businesses; in-flight Internet and aviation software services to commercial airlines; and mobile broadband services comprising network management and high-speed Internet connectivity services for customers using airborne, maritime, and ground mobile satellite systems.
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