After Falling -18.46% During The Past Week, Should You Still Buy Viasat, Inc (NASDAQ: VSAT)?

Viasat, Inc (NASDAQ:VSAT)’s traded shares stood at 2.43 million during the last session, with the company’s beta value hitting 1.31. At the close of trading, the stock’s price was $7.73, to imply a decrease of -2.15% or -$0.17 in intraday trading. The VSAT share’s 52-week high remains $29.11, putting it -276.58% down since that peak but still an impressive -1.16% since price per share fell to its 52-week low of $7.82. The company has a valuation of $992.49M, with an average of 3.36 million shares in intraday trading volume over the past 10 days and average of 2.24 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Viasat, Inc (VSAT), translating to a mean rating of 2.33. Of 4 analyst(s) looking at the stock, 0 analyst(s) give VSAT a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 2 recommend it as a Buy.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Viasat, Inc (NASDAQ:VSAT) trade information

After registering a -2.15% downside in the last session, Viasat, Inc (VSAT) has traded red over the past five days. The 5-day price performance for the stock is -18.46%, and -30.11% over 30 days. With these gigs, the year-to-date price performance is -72.34%. Short interest in Viasat, Inc (NASDAQ:VSAT) saw shorts transact 19.02 million shares and set a 10.29 days time to cover.

The extremes give us $19 and $100 for target low and target high price respectively. As such, VSAT has been trading -1193.66% off suggested target high and -145.8% from its likely low.

Viasat, Inc (VSAT) estimates and forecasts

Looking at statistics comparing Viasat, Inc share performance against respective industry, we note that the company has outperformed competitors. Viasat, Inc (VSAT) shares are -58.15% down over the last 6 months, with its year-to-date growth rate higher than industry average at 76.41% against 16.30%.

VSAT Dividends

Viasat, Inc has its next earnings report out in December. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

Viasat, Inc insiders hold 9.71% of total outstanding shares, with institutional holders owning 84.84% of the shares at 93.97% float percentage. In total, 84.84% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 14.76 million shares (or 12.5947% of shares), all amounting to roughly $187.45 million.

The next major institution holding the largest number of shares is BAUPOST GROUP LLC/MA with 13.76 million shares, or about 11.7412% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $174.74 million.