What is William Blair’s Forecast for GILT FY2025 Earnings?

Gilat Satellite Networks Ltd. (NASDAQ:GILT) – Analysts at William Blair dropped their FY2025 earnings per share estimates for shares of Gilat Satellite Networks in a research note issued to investors on Wednesday, November 12th. William Blair analyst L. Dipalma now anticipates that the communications equipment provider will post earnings of $0.58 per share for the year, down from their previous estimate of $0.59. The consensus estimate for Gilat Satellite Networks’ current full-year earnings is $0.50 per share. William Blair also issued estimates for Gilat Satellite Networks’ Q4 2025 earnings at $0.13 EPS and FY2026 earnings at $0.65 EPS.

Other research analysts have also recently issued reports about the stock. Wall Street Zen cut shares of Gilat Satellite Networks from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 18th. Needham & Company LLC lifted their price target on Gilat Satellite Networks from $11.00 to $16.00 and gave the stock a “buy” rating in a report on Thursday. Zacks Research downgraded Gilat Satellite Networks from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Gilat Satellite Networks in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $16.00.

Gilat Satellite Networks Stock Performance

NASDAQ GILT opened at $11.77 on Monday. The stock has a market cap of $673.39 million, a PE ratio of 30.18 and a beta of 0.62. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.17 and a current ratio of 1.50. The firm has a 50-day moving average of $12.93 and a 200-day moving average of $9.33. Gilat Satellite Networks has a 52-week low of $4.86 and a 52-week high of $15.24.

Gilat Satellite Networks (NASDAQ:GILT) last announced its quarterly earnings results on Wednesday, November 12th. The communications equipment provider reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.06. Gilat Satellite Networks had a return on equity of 10.05% and a net margin of 6.41%.The business had revenue of $117.69 million during the quarter, compared to the consensus estimate of $112.19 million. Gilat Satellite Networks has set its FY 2025 guidance at EPS.

Hedge Funds Weigh In On Gilat Satellite Networks

Several hedge funds and other institutional investors have recently modified their holdings of the company. Cullen Frost Bankers Inc. bought a new stake in Gilat Satellite Networks during the third quarter valued at approximately $26,000. USA Financial Formulas purchased a new position in shares of Gilat Satellite Networks in the third quarter valued at about $39,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Gilat Satellite Networks during the third quarter worth $64,000. Blue Bell Private Wealth Management LLC purchased a new position in Gilat Satellite Networks in the first quarter worth about $67,000. Finally, McIlrath & Eck LLC lifted its stake in Gilat Satellite Networks by 383.1% in the third quarter. McIlrath & Eck LLC now owns 5,783 shares of the communications equipment provider’s stock worth $75,000 after acquiring an additional 4,586 shares during the period. 35.72% of the stock is owned by institutional investors.

Gilat Satellite Networks Company Profile

Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions in Israel, the United States, Peru, and internationally. It operates in three segments: Satellite Networks, Integrated Solutions, and Network Infrastructure and Services. Its portfolio consists of cloud-based satellite network platform, very small aperture terminals, amplifiers, modems, on-the-move antennas, solid state power amplifiers, block upconverters, transceivers, and defense ground systems and field services.