In today’s recent session, 0.54 million shares of the Viasat, Inc (NASDAQ:VSAT) have been traded, and its beta is 1.34. Most recently the company’s share price was $7.29, and it changed around -$0.11 or -1.52% from the last close, which brings the market valuation of the company to $895.77M. VSAT at last check was trading at a discount to its 52-week high of $29.11, offering almost -299.31% off that amount. The share price’s 52-week low was $7.30, which indicates that the recent value has fallen by an impressive -0.14% since then. We note from Viasat, Inc’s average daily trading volume that its 10-day average is 3.43 million shares, with the 3-month average coming to 2.22 million.

Viasat, Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.33. If we narrow it down even further, the data shows that 2 out of 14 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 6 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 0.05 for the current quarter.

Viasat, Inc (NASDAQ:VSAT) trade information

Instantly VSAT has been showing red trend so far today with a performance of -1.52% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 8.86 on recent trading dayincreased the stock’s daily price by 17.72%. The company’s shares are currently down -73.93% year-to-date, but still down -19.02% over the last five days. On the other hand, Viasat, Inc (NASDAQ:VSAT) is -34.46% down in the 30-day period. We can see from the shorts that 19.02 million shares have been sold at a short interest cover period of 10.29 day(s).

The consensus price target as assigned by Wall Street analysts is $20.5, which translates to bulls needing to increase their stock price by 64.44% 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 -62.40 percent over the past six months and at a 76.41% annual growth rate that is well above the industry average of 17.90%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -79.17% in revenue this quarter, and will report an increase of 122.92% in the next quarter. The year-over-year growth rate is expected to be 5.64%, up from the previous year.

Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 1.13B in revenue for the current quarter. 7 analysts expect Viasat, Inc to make 1.15B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.13B and 1.15B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 0.21%. Forecasts for the next quarter put sales growth at -0.15%.

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 on 2025-Feb-04.

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

Upon looking at major shareholders, it appears that insiders hold 9.71% of Viasat, Inc shares, and 86.94% of them are in the hands of institutional investors. The stock currently has a share float of 96.29%. Viasat, Inc stock is held by 305.0 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.