In the last trading session, 1.21 million shares of the Viasat, Inc. (NASDAQ:VSAT) were traded, and its beta was 1.35. Most recently the company’s share price was $10.91, and it changed around -$0.32 or -2.85% from the last close, which brings the market valuation of the company to $1.39B. VSAT currently trades at a discount to its 52-week high of $29.11, offering almost -166.82% off that amount. The share price’s 52-week low was $10.87, which indicates that the current value has risen by an impressive 0.37% since then. We note from Viasat, Inc.’s average daily trading volume that its 10-day average is 1.86 million shares, with the 3-month average coming to 2.27 million.

Viasat, Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 2.25. If we narrow it down even further, the data shows that 2 out of 11 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 3 recommended VSAT as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Viasat, Inc. is expected to report earnings per share of -0.49 for the current quarter.

Viasat, Inc. (NASDAQ:VSAT) trade information

Instantly VSAT has showed a red trend with a performance of -2.85% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 11.74 on recent trading dayincreased the stock’s daily price by 7.07%. The company’s shares are currently down -60.97% year-to-date, but still down -5.54% over the last five days. On the other hand, Viasat, Inc. (NASDAQ:VSAT) is -31.68% down in the 30-day period. We can see from the shorts that 14.0 million shares have been sold at a short interest cover period of 6.06 day(s).

The consensus price target as assigned by Wall Street analysts is $25, which translates to bulls needing to increase their stock price by 56.36% from its current value. Analyst projections state that VSAT is forecast to be at a low of $19 and a high of $100.

Viasat, Inc. (VSAT) estimates and forecasts

Viasat, Inc. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -38.29 percent over the past six months and at a 84.16% annual growth rate that is well above the industry average of 8.20%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 92.00% in revenue this quarter, and will report an increase of 62.60% in the next quarter. The year-over-year growth rate is expected to be 6.10%, up from the previous year.

Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 1.11B in revenue for the current quarter. 7 analysts expect Viasat, Inc. to make 1.15B in revenue for the current ending quarter.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -51.58%.

VSAT Dividends

Viasat, Inc.’s next quarterly earnings report is expected to be released in November.

Viasat, Inc. (NASDAQ:VSAT)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 9.75% of Viasat, Inc. shares, and 83.68% of them are in the hands of institutional investors. The stock currently has a share float of 92.72%. Viasat, Inc. stock is held by 288.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 12.5947% of the shares, which is about 14.76 million shares worth $187.45 million.

BAUPOST GROUP LLC/MA, with 11.7412% or 13.76 million shares worth $174.74 million as of 2024-06-30, holds the second largest percentage of outstanding shares.