Viasat, Inc (NASDAQ:VSAT) has a beta value of 1.34 and has seen 2.39 million shares traded in the last trading session. The company, currently valued at $1.24B, closed the last trade at $9.66 per share which meant it lost -$0.24 on the day or -2.42% during that session. The VSAT stock price is -176.4% off its 52-week high price of $26.70 and 30.75% above the 52-week low of $6.69. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.13 million shares traded. The 3-month trading volume is 2.87 million shares.
The consensus among analysts is that Viasat, Inc (VSAT) is Buy stock at the moment, with a recommendation rating of 2.33. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 4 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight.
Viasat, Inc (NASDAQ:VSAT) trade information
Sporting -2.42% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the VSAT stock price touched $9.66 or saw a rise of 9.3%. Year-to-date, Viasat, Inc shares have moved 13.51%, while the 5-day performance has seen it change 14.86%. Over the past 30 days, the shares of Viasat, Inc (NASDAQ:VSAT) have changed 10.53%. Short interest in the company has seen 23.63 million shares shorted with days to cover at 6.89.
Wall Street analysts have a consensus price target for the stock at $19, which means that the shares’ value could jump 49.16% from current levels. The projected low price target is $19.0 while the price target rests at a high of $19.0. In that case, then, we find that the current price level is -96.69% off the targeted high while a plunge would see the stock gain -96.69% from current levels.
Viasat, Inc (VSAT) estimates and forecasts
Figures show that Viasat, Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -34.55% over the past 6 months, with this year growth rate of 76.41%, compared to 21.10% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -51.58% over the past 5 years.
VSAT Dividends
Viasat, Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Viasat, Inc (NASDAQ:VSAT)’s Major holders
Insiders own 9.70% of the company shares, while shares held by institutions stand at 87.22% with a share float percentage of 96.59%. Investors are also buoyed by the number of investors in a company, with Viasat, Inc having a total of 311.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 14.76 million shares worth more than $187.45 million. As of 2024-06-30, BLACKROCK INC. held 12.5947% of shares outstanding.
The other major institutional holder is BAUPOST GROUP LLC/MA, with the holding of over 13.76 million shares as of 2024-06-30. The firm’s total holdings are worth over $174.74 million and represent 11.7412% of shares outstanding.
