Is Viasat, Inc (NASDAQ: VSAT) Stock Poised for More Growth?

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In the latest trading session, 1.02 million Viasat, Inc (NASDAQ:VSAT) shares changed hands as the company’s beta touched 1.38. With the company’s most recent per share price at $8.92 changed hands at -$0.08 or -0.85% at last look, the market valuation stands at $1.15B. VSAT’s current price is a discount, trading about -199.33% off its 52-week high of $26.70. The share price had its 52-week low at $6.69, which suggests the last value was 25.0% up since then.

Analysts gave the Viasat, Inc (VSAT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.40. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended VSAT as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Viasat, Inc’s EPS for the current quarter is expected to be 0.17.

Viasat, Inc (NASDAQ:VSAT) trade information

Instantly VSAT was in red as seen in intraday trades today. With action -2.69%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 4.85%, with the 5-day performance at -2.69% in the red. However, in the 30-day time frame, Viasat, Inc (NASDAQ:VSAT) is -22.78% down.

The consensus price target for the stock as assigned by Wall Street analysts is 19, meaning bulls need an upside of 53.05% from its recent market value. According to analyst projections, VSAT’s forecast low is 19 with 19 as the target high. To hit the forecast high, the stock’s price needs a -113.0% plunge from its current level, while the stock would need to soar -113.0% for it to hit the projected low.

Viasat, Inc (VSAT) estimates and forecasts

Year-over-year growth is forecast to reach 5.33% up from the last financial year.

Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of 1.14B. 3 analysts are of the opinion that Viasat, Inc’s revenue for the current quarter will be 1.12B. The company’s revenue for the corresponding quarters a year ago was 1.15B and 1.13B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -1.02%. The estimates for the next quarter sales put growth at -0.22%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -51.58%. The 2025 estimates are for Viasat, Inc earnings to decrease by -333.02%.

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

VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 10.9538% or 12.84 million shares worth $163.02 million as of 2024-06-30.

Among Mutual Funds, the top two as of Nov 30, 2024 were iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund. With 5.47 shares estimated at $49.22 million under it, the former controlled 4.24% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.79% of the shares, roughly 3.6 shares worth around $32.36 million.