In today’s recent session, 1.8 million shares of the Viasat, Inc (NASDAQ:VSAT) have been traded, and its beta is 1.38. Most recently the company’s share price was $10.79, and it changed around -$1.02 or -8.64% from the last close, which brings the market valuation of the company to $1.39B. VSAT at last check was trading at a discount to its 52-week high of $26.70, offering almost -147.45% off that amount. The share price’s 52-week low was $6.69, which indicates that the recent value has risen by an impressive 38.0% since then. We note from Viasat, Inc’s average daily trading volume that its 10-day average is 4.9 million shares, with the 3-month average coming to 3.32 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 0 out of 8 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 6 recommended VSAT as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
Viasat, Inc (NASDAQ:VSAT) trade information
Instantly VSAT has been showing red trend so far today with a performance of -8.64% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 12.55 on recent trading dayincreased the stock’s daily price by 14.02%. The company’s shares are currently up 26.79% year-to-date, but still up 43.68% over the last five days. On the other hand, Viasat, Inc (NASDAQ:VSAT) is 26.94% up in the 30-day period. We can see from the shorts that 22.43 million shares have been sold at a short interest cover period of 8.27 day(s).
The consensus price target as assigned by Wall Street analysts is $19, which translates to bulls needing to increase their stock price by 43.21% from its current value. Analyst projections state that VSAT is forecast to be at a low of $19 and a high of $19.
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 -28.59 percent over the past six months and at a 74.75% annual growth rate that is well above the industry average of 21.60%.
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 February.
Viasat, Inc (NASDAQ:VSAT)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 9.70% of Viasat, Inc shares, and 87.29% of them are in the hands of institutional investors. The stock currently has a share float of 96.67%. Viasat, Inc stock is held by 309.0 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.
iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Oct 31, 2024. The former held 5.4 shares worth $59.35 million, making up 4.21% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 3.6 shares worth around $39.56 million, which represents about 2.80% of the total shares outstanding.
