In the last trading session, 8.27 million shares of the Viasat, Inc (NASDAQ:VSAT) were traded, and its beta was 1.38. Most recently the company’s share price was $11.38, and it changed around $1.86 or 19.54% from the last close, which brings the market valuation of the company to $1.46B. VSAT currently trades at a discount to its 52-week high of $26.70, offering almost -134.62% off that amount. The share price’s 52-week low was $6.69, which indicates that the current value has risen by an impressive 41.21% since then. We note from Viasat, Inc’s average daily trading volume that its 10-day average is 3.49 million shares, with the 3-month average coming to 3.61 million.
Viasat, Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.40. If we narrow it down even further, the data shows that 0 out of 9 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 7 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 showed a green trend with a performance of 19.54% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 11.42 on recent trading dayincreased the stock’s daily price by 0.35%. The company’s shares are currently up 33.73% year-to-date, but still up 18.30% over the last five days. On the other hand, Viasat, Inc (NASDAQ:VSAT) is 17.81% up in the 30-day period. We can see from the shorts that 24.4 million shares have been sold at a short interest cover period of 7.42 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 40.11% from its current value. Analyst projections state that VSAT is forecast to be at a low of $19 and a high of $19.
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 March.
Viasat, Inc (NASDAQ:VSAT)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 9.70% of Viasat, Inc shares, and 87.95% of them are in the hands of institutional investors. The stock currently has a share float of 97.40%. Viasat, Inc stock is held by 311.0 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.
