William Blair Issues Pessimistic Estimate for GILT Earnings

Gilat Satellite Networks Ltd. (NASDAQ:GILT - Free Report) - Stock analysts at William Blair reduced their Q3 2025 earnings estimates for Gilat Satellite Networks in a research note issued on Monday, May 19th. William Blair analyst L. Dipalma now forecasts that the communications equipment provider will earn $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.

GILT has been the subject of several other research reports. Needham & Company LLC reaffirmed a "buy" rating and set a $8.50 target price on shares of Gilat Satellite Networks in a research note on Tuesday, May 20th. Wall Street Zen downgraded shares of Gilat Satellite Networks from a "buy" rating to a "hold" rating in a report on Tuesday, May 20th.

Gilat Satellite Networks Price Performance

Gilat Satellite Networks stock traded down $0.16 during mid-day trading on Wednesday, reaching $5.48. The company had a trading volume of 373,348 shares, compared to its average volume of 303,821. The company has a current ratio of 2.52, a quick ratio of 2.14 and a debt-to-equity ratio of 0.01. The company has a market cap of $312.45 million, a P/E ratio of 12.45 and a beta of 0.37. Gilat Satellite Networks has a fifty-two week low of $4.04 and a fifty-two week high of $8.05. The business has a fifty day simple moving average of $6.26 and a 200 day simple moving average of $6.39.

Gilat Satellite Networks (NASDAQ:GILT - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $92.04 million during the quarter, compared to the consensus estimate of $100.67 million. Gilat Satellite Networks had a net margin of 8.14% and a return on equity of 9.74%.

Hedge Funds Weigh In On Gilat Satellite Networks

Several large investors have recently added to or reduced their stakes in GILT. Inspire Investing LLC purchased a new stake in shares of Gilat Satellite Networks in the fourth quarter worth approximately $864,000. Van ECK Associates Corp boosted its position in shares of Gilat Satellite Networks by 279.0% during the fourth quarter. Van ECK Associates Corp now owns 136,380 shares of the communications equipment provider's stock valued at $839,000 after buying an additional 100,396 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Gilat Satellite Networks during the fourth quarter worth $226,000. LBP AM SA raised its position in Gilat Satellite Networks by 83.9% in the 4th quarter. LBP AM SA now owns 347,268 shares of the communications equipment provider's stock valued at $2,136,000 after buying an additional 158,468 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Gilat Satellite Networks in the 4th quarter valued at $85,000. Institutional investors own 35.72% of the company's stock.

Gilat Satellite Networks Company Profile

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.