Gilat Satellite Networks (GILT) Expected to Announce Quarterly Earnings on Wednesday

Gilat Satellite Networks (NASDAQ:GILT - Get Free Report) is expected to post its Q1 2025 quarterly earnings results before the market opens on Wednesday, May 14th. Analysts expect Gilat Satellite Networks to post earnings of $0.07 per share and revenue of $100.67 million for the quarter. Gilat Satellite Networks has set its FY 2025 guidance at EPS.

Gilat Satellite Networks (NASDAQ:GILT - Get Free Report) last issued its earnings results on Wednesday, February 12th. The communications equipment provider reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.01. Gilat Satellite Networks had a net margin of 8.14% and a return on equity of 9.74%. On average, analysts expect Gilat Satellite Networks to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Gilat Satellite Networks Stock Performance

GILT stock remained flat at $6.52 during midday trading on Friday. The company had a trading volume of 225,594 shares, compared to its average volume of 288,192. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.14 and a current ratio of 2.52. The stock has a market capitalization of $371.75 million, a PE ratio of 14.82 and a beta of 0.37. Gilat Satellite Networks has a 52-week low of $4.04 and a 52-week high of $8.05. The stock's fifty day moving average is $6.42 and its 200-day moving average is $6.30.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. StockNews.com cut shares of Gilat Satellite Networks from a "strong-buy" rating to a "buy" rating in a research note on Friday, March 7th. Needham & Company LLC restated a "buy" rating and set a $8.50 price objective on shares of Gilat Satellite Networks in a report on Wednesday, February 26th.

About Gilat Satellite Networks

Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions in Israel, the United States, Peru, and internationally. It operates in three segments: Satellite Networks, Integrated Solutions, and Network Infrastructure and Services. Its portfolio consists of cloud-based satellite network platform, very small aperture terminals, amplifiers, modems, on-the-move antennas, solid state power amplifiers, block upconverters, transceivers, and defense ground systems and field services.