William Blair Issues Pessimistic Forecast for GILT Earnings

Gilat Satellite Networks Ltd. (NASDAQ:GILT - Free Report) - Equities researchers at William Blair dropped their Q3 2025 EPS estimates for shares of Gilat Satellite Networks in a note issued to investors on Monday, May 19th. William Blair analyst L. Dipalma now forecasts that the communications equipment provider will post earnings of $0.12 per share for the quarter, down from their previous estimate of $0.14. The consensus estimate for Gilat Satellite Networks' current full-year earnings is $0.50 per share.

Gilat Satellite Networks (NASDAQ:GILT - Get Free Report) last issued its earnings results on Monday, May 19th. The communications equipment provider reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by ($0.04). The firm had revenue of $92.04 million during the quarter, compared to analyst estimates of $100.67 million. Gilat Satellite Networks had a return on equity of 9.74% and a net margin of 8.14%.

A number of other brokerages also recently issued reports on GILT. Needham & Company LLC restated a "buy" rating and set a $8.50 price objective on shares of Gilat Satellite Networks in a research report on Tuesday. StockNews.com cut shares of Gilat Satellite Networks from a "buy" rating to a "hold" rating in a research report on Tuesday.

Gilat Satellite Networks Price Performance

GILT stock opened at $6.13 on Wednesday. The company has a market capitalization of $349.51 million, a P/E ratio of 13.93 and a beta of 0.37. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.14 and a current ratio of 2.52. Gilat Satellite Networks has a 52-week low of $4.04 and a 52-week high of $8.05. The company has a fifty day moving average price of $6.35 and a 200-day moving average price of $6.38.

Institutional Trading of Gilat Satellite Networks

Hedge funds have recently made changes to their positions in the company. Tidal Investments LLC boosted its holdings in shares of Gilat Satellite Networks by 3.4% in the fourth quarter. Tidal Investments LLC now owns 65,779 shares of the communications equipment provider's stock worth $405,000 after acquiring an additional 2,158 shares during the period. PDT Partners LLC boosted its stake in Gilat Satellite Networks by 8.4% in the 4th quarter. PDT Partners LLC now owns 29,758 shares of the communications equipment provider's stock worth $183,000 after purchasing an additional 2,305 shares during the period. Covestor Ltd purchased a new position in Gilat Satellite Networks during the 4th quarter valued at about $29,000. Schonfeld Strategic Advisors LLC increased its position in shares of Gilat Satellite Networks by 22.9% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 53,600 shares of the communications equipment provider's stock valued at $330,000 after buying an additional 10,000 shares during the period. Finally, Blue Bell Private Wealth Management LLC purchased a new stake in shares of Gilat Satellite Networks in the first quarter worth about $67,000. 35.72% of the stock is currently owned by institutional investors.

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.

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