Should I buy or sell Gilat Satellite Networks stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gilat Satellite Networks in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" GILT shares. View GILT analyst ratings or view top-rated stocks .

What is Gilat Satellite Networks' stock price target for 2024?

1 brokerages have issued 12-month target prices for Gilat Satellite Networks' stock. Their GILT share price targets range from $8.50 to $8.50. On average, they anticipate the company's stock price to reach $8.50 in the next year. This suggests a possible upside of 60.1% from the stock's current price. View analysts price targets for GILT or view top-rated stocks among Wall Street analysts .

How have GILT shares performed in 2024?

Gilat Satellite Networks' stock was trading at $6.11 at the start of the year. Since then, GILT stock has decreased by 13.1% and is now trading at $5.31. View the best growth stocks for 2024 here .

Are investors shorting Gilat Satellite Networks?

Gilat Satellite Networks saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 27,900 shares, a drop of 30.6% from the March 15th total of 40,200 shares. Based on an average daily volume of 155,400 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are sold short. View Gilat Satellite Networks' Short Interest .

When is Gilat Satellite Networks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our GILT earnings forecast .

How can I listen to Gilat Satellite Networks' earnings call?

Gilat Satellite Networks will be holding an earnings conference call on Wednesday, May 8th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Gilat Satellite Networks' earnings last quarter?

Gilat Satellite Networks Ltd. (NASDAQ:GILT) released its quarterly earnings data on Monday, February, 26th. The communications equipment provider reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.06 by $0.05. The communications equipment provider had revenue of $75.61 million for the quarter. Gilat Satellite Networks had a net margin of 8.83% and a trailing twelve-month return on equity of 7.42%.

Is Gilat Satellite Networks a good dividend stock?

Gilat Satellite Networks (NASDAQ:GILT) pays an annual dividend of $0.47 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 111.90%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for GILT .

What ETFs hold Gilat Satellite Networks' stock?

ETFs with the largest weight of Gilat Satellite Networks (NASDAQ:GILT) stock in their portfolio include ARK Israel Innovative Technology ETF (IZRL) . Amplify BlueStar Israel Technology ETF (ITEQ) .

What guidance has Gilat Satellite Networks issued on next quarter's earnings?

Gilat Satellite Networks updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $305.0 million-$325.0 million, compared to the consensus revenue estimate of $291.6 million.

What other stocks do shareholders of Gilat Satellite Networks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Gilat Satellite Networks investors own include Marvell Technology (MRVL) , Inseego (INSG) , Nokia Oyj (NOK) , Comtech Telecommunications (CMTL) , NVIDIA (NVDA) , Cisco Systems (CSCO) , Skyworks Solutions (SWKS) , Alibaba Group (BABA) , Block (SQ) and Advanced Micro Devices (AMD) .

How do I buy shares of Gilat Satellite Networks?

Shares of GILT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Gilat Satellite Networks have any subsidiaries?

The following companies are subsidiares of Gilat Satellite Networks: Gilat Colombia S.A.S E.S.P, Gilat Networks Peru S.A, Gilat Satellite Communication Technology (Beijing) Ltd., Gilat Satellite Networks (Eurasia) Limited, Gilat Satellite Networks (Holland) B.V., Gilat Satellite Networks (Mexico) S.A. de C.V., Gilat Satellite Networks (Philippines) Inc., Gilat Satellite Networks Australia Pty Ltd., Gilat Satellite Networks MDC (Moldova), Gilat do Brazil Ltda., Gilat to Home Peru S.A, RaySat, Raysat Bulgaria EOOD, Wavestream, Wavestream, and rStar. Read More

NASDAQ:GILT

Gilat Satellite Networks (GILT) Stock Price, News & Analysis

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Free GILT Stock Alerts

$5.31

-0.05 (-0.93%)

(As of 04/19/2024 ET)

Compare

Today's Range: $5.29
▼
$5.37
50-Day Range: $5.24
▼
$6.51
52-Week Range: $4.51
▼
$7.16

Volume: 134,891 shs
Average Volume: 162,355 shs
Market Capitalization: $302.76 million

P/E Ratio: 12.64
Dividend Yield: N/A
Price Target: $8.50

Get Gilat Satellite Networks alerts:

Gilat Satellite Networks MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 60.1% Upside
$8.50 Price Target
Short Interest: Healthy
0.05% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.50
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.82 out of 5 stars

Computer And Technology Sector

328th out of 585 stocks

Radio & T.V. Communications Equipment Industry

11th out of 19 stocks

3.5

Analyst's Opinion

Consensus Rating
Gilat Satellite Networks has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Gilat Satellite Networks has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.05% of the float of Gilat Satellite Networks has been sold short.
Short Interest Ratio / Days to Cover
Gilat Satellite Networks has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Gilat Satellite Networks has recently decreased by 30.60%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Gilat Satellite Networks does not currently pay a dividend.
Dividend Growth
Gilat Satellite Networks does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Gilat Satellite Networks is 111.90%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GILT.

2.5

News and Social Media Coverage

News Sentiment
Gilat Satellite Networks has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Gilat Satellite Networks this week, compared to 2 articles on an average week.
Search Interest
Only 1 people have searched for GILT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
4 people have added Gilat Satellite Networks to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Gilat Satellite Networks insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.13% of the stock of Gilat Satellite Networks is held by insiders.
Percentage Held by Institutions
Only 35.72% of the stock of Gilat Satellite Networks is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Gilat Satellite Networks is 12.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.45.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gilat Satellite Networks is 12.64, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 243.09.
Price to Book Value per Share Ratio
Gilat Satellite Networks has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Gilat Satellite Networks Stock (NASDAQ:GILT)

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. The company designs and manufactures ground-based satellite communications equipment; and provides solutions and end-to-end 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. The company also offers turnkey integrated solutions, including managed satellite network services, network planning and optimization, remote network operation, call center support, hub and field operations, and communication networks construction and installation services. In addition, it provides connectivity services, internet access, and telephony services to enterprise, government, and residential customers; and builds telecommunication infrastructure using fiber-optic and wireless technologies for broadband connectivity. The company sells its products and solutions to satellite operators, governments, system integrators, telecommunication companies and mobile network operators, satellite communication providers, ISPs, and homeland security and defense agencies, as well as directly to end-users. Gilat Satellite Networks Ltd. was incorporated in 1987 and is headquartered in Petah Tikva, Israel.

GILT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GILT Stock News Headlines

April 17, 2024 | finance.yahoo.com

Gilat to Report First Quarter 2024 Results on May 8th

April 15, 2024 | americanbankingnews.com

Gilat Satellite Networks (NASDAQ:GILT) Stock Rating Lowered by StockNews.com

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

April 10, 2024 | globenewswire.com

Gilat Received Approximately $5 Million for Providing Services to a Leading LATAM Service Provider

April 9, 2024 | finanznachrichten.de

Gilat Satellite Networks Ltd.: Gilat Received Multimillion-Dollar Order from a Leading Defense Organization

April 9, 2024 | globenewswire.com

Gilat Received Multimillion-Dollar Order from a Leading Defense Organization

April 8, 2024 | globenewswire.com

Gilat Expanding into Additional IFC Market Segments After Receiving Over $3 Million in Orders from a Leading IFC Service Provider

April 4, 2024 | morningstar.com

Gilat Satellite Networks Ltd

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

April 4, 2024 | finanznachrichten.de

Gilat Satellite Networks Ltd.: Gilat Awarded Over $3M Follow-On Order for Public WiFi Service in Latin America

April 4, 2024 | globenewswire.com

Gilat Awarded Over $3M Follow-On Order for Public WiFi Service in Latin America

April 3, 2024 | msn.com

Gilat awarded over $5 mln order from the U.S. Department of Defense

April 3, 2024 | finance.yahoo.com

Gilat Awarded Over $5 Million Order from the US Department of Defense

April 3, 2024 | globenewswire.com

Gilat Awarded Over $5 Million Order from the US Department of Defense

April 2, 2024 | finance.yahoo.com

Are Gilat Satellite Networks Ltd.'s (NASDAQ:GILT) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?

April 2, 2024 | globenewswire.com

US Army Awards $12 Million Contract Extension to Gilat to Sustain Anytime, Anywhere Satellite Connectivity

April 1, 2024 | globenewswire.com

Gilat Awarded Over $13M in Additional Orders from Satellite Operators for its World Leading SkyEdge IV and SkyEdge II-c Platforms

March 28, 2024 | finanznachrichten.de

Gilat Satellite Networks Ltd.: Gilat Awarded $5 Million Order from the US Department of Defense

March 28, 2024 | finance.yahoo.com

Gilat Awarded $5 Million Order from the US Department of Defense

March 28, 2024 | globenewswire.com

Gilat Awarded $5 Million Order from the US Department of Defense

March 27, 2024 | money.usnews.com

Gilat Satellite Networks

March 26, 2024 | globenewswire.com

Gilat Satellite Networks to Present at the 2024 LD Micro Invitational Conference

March 21, 2024 | uk.investing.com

Gilat unveils strategy for 5G satellite evolution

March 21, 2024 | stocknews.com

3 Tech Stocks Poised for Market Domination

March 20, 2024 | globenewswire.com

Gilat Announces Filing of 2023 Annual Report

March 19, 2024 | msn.com

Gilat Satellite unveils Cloud, 5G NTN evolution strategy

March 19, 2024 | globenewswire.com

Gilat Unveils Cloud and 5G NTN Evolution Strategy for SkyEdge IV

See More Headlines

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Company Calendar

Last Earnings: 2/26/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Radio & t.v. communications equipment
Sub-Industry: N/A
Current Symbol: NASDAQ:GILT
CUSIP: N/A
CIK: 897322
Web: www.gilat.com
Phone: (723) 925-2000
Fax: 972-3925-2945
Employees: 1,183
Year Founded: 1987

Price Target and Rating

Average Stock Price Target: $8.50
High Stock Price Target: $8.50
Low Stock Price Target: $8.50
Potential Upside/Downside: +59.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.42
Trailing P/E Ratio: 12.67
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $23.50 million
Net Margins: 8.83%
Pretax Margin: 10.60%
Return on Equity: 7.42%
Return on Assets: 4.95%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 1.90
Quick Ratio: 1.60

Sales & Book Value

Annual Sales: $266.09 million
Price / Sales: 1.14
Cash Flow: $0.59 per share
Price / Cash Flow: 8.97
Book Value: $4.82 per share
Price / Book: 1.10

Miscellaneous

Outstanding Shares: 57,017,000
Free Float: 56,373,000
Market Cap: $303.33 million
Optionable: Optionable
Beta: 0.59

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Key Executives

Mr. Adi Sfadia (Age 54)
Chief Executive Officer
Comp: $747.66k
Mr. Hagay Katz (Age 64)
Chief Product & Marketing Officer
Comp: $404.33k
Mr. Ron Levin (Age 49)
Chief Commercial Officer
Comp: $411.12k
Mr. Gil Benyamini (Age 49)
Chief Financial Officer
Mr. Gilad Landsberg
Chief Operations Officer
Mayrav Sher
Head of Finance & Investor Relations
Mr. Doron Kerbel (Age 52)
General Counsel & Company Secretary
Doreet Oren
Senior Director of Corporate Communications
Mr. Yossi Gal (Age 63)
Vice President of Sales Operations & Information Technologies
Ms. Lior Moyal (Age 46)
Chief People Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

GILT Stock Analysis - Frequently Asked Questions

Should I buy or sell Gilat Satellite Networks stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gilat Satellite Networks in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" GILT shares.
View GILT analyst ratings or view top-rated stocks.
What is Gilat Satellite Networks' stock price target for 2024?: 1 brokerages have issued 12-month target prices for Gilat Satellite Networks' stock. Their GILT share price targets range from $8.50 to $8.50. On average, they anticipate the company's stock price to reach $8.50 in the next year. This suggests a possible upside of 60.1% from the stock's current price.
View analysts price targets for GILT or view top-rated stocks among Wall Street analysts.
How have GILT shares performed in 2024?: Gilat Satellite Networks' stock was trading at $6.11 at the start of the year. Since then, GILT stock has decreased by 13.1% and is now trading at $5.31.
View the best growth stocks for 2024 here.
Are investors shorting Gilat Satellite Networks?: Gilat Satellite Networks saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 27,900 shares, a drop of 30.6% from the March 15th total of 40,200 shares. Based on an average daily volume of 155,400 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are sold short.
View Gilat Satellite Networks' Short Interest.
When is Gilat Satellite Networks' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our GILT earnings forecast.
How can I listen to Gilat Satellite Networks' earnings call?: Gilat Satellite Networks will be holding an earnings conference call on Wednesday, May 8th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Gilat Satellite Networks' earnings last quarter?: Gilat Satellite Networks Ltd. (NASDAQ:GILT) released its quarterly earnings data on Monday, February, 26th. The communications equipment provider reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.06 by $0.05. The communications equipment provider had revenue of $75.61 million for the quarter. Gilat Satellite Networks had a net margin of 8.83% and a trailing twelve-month return on equity of 7.42%.

Is Gilat Satellite Networks a good dividend stock?: Gilat Satellite Networks (NASDAQ:GILT) pays an annual dividend of $0.47 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 111.90%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for GILT.
What ETFs hold Gilat Satellite Networks' stock?: ETFs with the largest weight of Gilat Satellite Networks (NASDAQ:GILT) stock in their portfolio include ARK Israel Innovative Technology ETF (IZRL).Amplify BlueStar Israel Technology ETF (ITEQ).
What guidance has Gilat Satellite Networks issued on next quarter's earnings?: Gilat Satellite Networks updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $305.0 million-$325.0 million, compared to the consensus revenue estimate of $291.6 million.
What other stocks do shareholders of Gilat Satellite Networks own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Gilat Satellite Networks investors own include Marvell Technology (MRVL), Inseego (INSG), Nokia Oyj (NOK), Comtech Telecommunications (CMTL), NVIDIA (NVDA), Cisco Systems (CSCO), Skyworks Solutions (SWKS), Alibaba Group (BABA), Block (SQ) and Advanced Micro Devices (AMD).
How do I buy shares of Gilat Satellite Networks?: Shares of GILT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Gilat Satellite Networks have any subsidiaries?: The following companies are subsidiares of Gilat Satellite Networks: Gilat Colombia S.A.S E.S.P, Gilat Networks Peru S.A, Gilat Satellite Communication Technology (Beijing) Ltd., Gilat Satellite Networks (Eurasia) Limited, Gilat Satellite Networks (Holland) B.V., Gilat Satellite Networks (Mexico) S.A. de C.V., Gilat Satellite Networks (Philippines) Inc., Gilat Satellite Networks Australia Pty Ltd., Gilat Satellite Networks MDC (Moldova), Gilat do Brazil Ltda., Gilat to Home Peru S.A, RaySat, Raysat Bulgaria EOOD, Wavestream, Wavestream, and rStar.
Read More

This page (NASDAQ:GILT) was last updated on 4/19/2024 by MarketBeat.com Staff

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Gilat Satellite Networks (GILT) Stock Price, News & Analysis

Gilat Satellite Networks MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Gilat Satellite Networks Stock (NASDAQ:GILT)

GILT Stock Price History

GILT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

GILT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™