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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Pentagon Consultant—Here's how Biden Wins Landslide Re-election (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Pentagon Consultant—Here's how Biden Wins Landslide Re-election (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Options Trading Plan–Perfect For Beginners (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Pentagon Consultant—Here's how Biden Wins Landslide Re-election (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Pentagon Consultant—Here's how Biden Wins Landslide Re-election (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Options Trading Plan–Perfect For Beginners (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Pentagon Consultant—Here's how Biden Wins Landslide Re-election (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Pentagon Consultant—Here's how Biden Wins Landslide Re-election (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Options Trading Plan–Perfect For Beginners (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
NASDAQ:GILT

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

$6.42
-0.04 (-0.62%)
(As of 09/22/2023 ET)
Compare
Today's Range
$6.41
▼
$6.57
50-Day Range
$6.01
▼
$7.01
52-Week Range
$4.51
▼
$7.16
Volume
38,733 shs
Average Volume
80,750 shs
Market Capitalization
$363.50 million
P/E Ratio
58.36
Dividend Yield
N/A
Price Target
$8.50
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

Gilat Satellite Networks MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
32.4% Upside
$8.50 Price Target
Short Interest
Healthy
0.21% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.32mentions of Gilat Satellite Networks in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.88 out of 5 stars

Computer And Technology Sector

455th out of 586 stocks

Radio & T.V. Communications Equipment Industry

20th out of 23 stocks

See Top Rated MarketRank™ Stocks Here

GILT stock logo

About Gilat Satellite Networks (NASDAQ:GILT) Stock

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 Price History

GILT Stock News Headlines

September 20, 2023 | finance.yahoo.com
Gilat Satellite Networks (NASDAQ:GILT) Is Looking To Continue Growing Its Returns On Capital
September 16, 2023 | americanbankingnews.com
Gilat Satellite Networks (NASDAQ:GILT) Shares Cross Above 200 Day Moving Average of $5.81
September 24, 2023 | Chaikin Analytics (Ad)
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September 15, 2023 | seekingalpha.com
Gilat bags satellite network modernization contract at Ethio Telecom
September 13, 2023 | finance.yahoo.com
Gilat Awarded Contract for Satellite Network Modernization at Ethio Telecom
August 31, 2023 | msn.com
Gilat Satellite Networks (GILT) Price Target Increased by 21.43% to 8.67
August 10, 2023 | msn.com
Needham Reiterates Gilat Satellite Networks (GILT) Buy Recommendation
August 10, 2023 | finance.yahoo.com
Gilat Satellite Networks Ltd. (NASDAQ:GILT) Shares Could Be 24% Above Their Intrinsic Value Estimate
September 24, 2023 | Chaikin Analytics (Ad)
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
August 8, 2023 | finanznachrichten.de
Gilat Satellite Networks Ltd.: Gilat Reports Second Quarter 2023 Results
August 8, 2023 | finance.yahoo.com
Gilat Reports Second Quarter 2023 Results
August 2, 2023 | msn.com
Why Gilat Satellite Stock Grabbed My Attention
August 1, 2023 | finance.yahoo.com
Satcom Direct and Gilat Sign Strategic Agreement for Joint ESA Project to Expand Plane Simple® Portfolio
July 27, 2023 | finance.yahoo.com
Gilat Satellite Networks (NASDAQ:GILT) investors are sitting on a loss of 7.9% if they invested five years ago
July 20, 2023 | msn.com
A major telecom operator selects Gilat Satellite for connectivity in Western Europe
July 20, 2023 | finance.yahoo.com
Tier 1 Telecom Operator Selects Gilat Satellite Connectivity for a Major Western European Utility Company
July 13, 2023 | finanznachrichten.de
Gilat Satellite Networks Ltd.: Gilat Awarded Millions of Dollars in Orders for Cellular Backhaul Over Satellite Project in Mexico
July 13, 2023 | finance.yahoo.com
Gilat Awarded Millions of Dollars in Orders for Cellular Backhaul Over Satellite Project in Mexico
July 11, 2023 | finance.yahoo.com
Gilat to Report Second Quarter 2023 Results on August 8th
June 27, 2023 | msn.com
Needham Initiates Coverage of Gilat Satellite Networks (GILT) with Buy Recommendation
June 27, 2023 | markets.businessinsider.com
Gilat Satellite Networks Positioned for Profitability Surge: Analyst Predicts Uptick in Peru Business
June 27, 2023 | msn.com
Needham initiates a Buy rating for Gilat Satellite Networks with PT $7
May 30, 2023 | finance.yahoo.com
Gilat Satellite Networks to Present at the 2023 LD Micro Invitational Conference
May 10, 2023 | finance.yahoo.com
Gilat Satellite Networks Ltd. (NASDAQ:GILT) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead
May 10, 2023 | finance.yahoo.com
Gilat Satellite Networks Ltd. (NASDAQ:GILT) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
May 10, 2023 | finance.yahoo.com
Gilat to Participate at the 18th Annual Needham Technology & Media Conference on May 17, 2023
May 9, 2023 | finance.yahoo.com
Why Are Gilat Satellite Networks Shares Trading Higher Today
See More Headlines
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GILT Company Calendar

Last Earnings
8/08/2023
Today
9/24/2023
Next Earnings (Estimated)
11/13/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Radio & t.v. communications equipment
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
NASDAQ:GILT
CUSIP
N/A
CIK
897322
Web
www.gilat.com
Phone
(723) 925-2000
Fax
972-3925-2945
Employees
987
Year Founded
1987

Price Target and Rating

Average Stock Price Forecast
$8.50
High Stock Price Forecast
$8.50
Low Stock Price Forecast
$8.50
Forecasted Upside/Downside
+32.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$0.11
Trailing P/E Ratio
58.36
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-5,930,000.00
Net Margins
2.31%
Pretax Margin
7.73%
Return on Equity
7.69%
Return on Assets
5.05%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.96
Quick Ratio
1.58

Sales & Book Value

Annual Sales
$239.84 million
Price / Sales
1.52
Cash Flow
$0.39 per share
Price / Cash Flow
16.40
Book Value
$4.31 per share
Price / Book
1.49

Miscellaneous

Outstanding Shares
56,620,000
Free Float
55,982,000
Market Cap
$363.50 million
Optionable
Optionable
Beta
0.54

Social Links

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Key Executives

  • Mr. Adi Sfadia (Age 53)
    Chief Exec. Officer
    Comp: $747.66k
  • Mr. Hagay Katz (Age 63)
    Chief Product & Marketing Officer
    Comp: $404.33k
  • Mr. Ron Levin (Age 48)
    Chief Commercial Officer
    Comp: $411.12k
  • Mr. Gil Benyamini (Age 49)
    Chief Financial Officer
  • Mr. Gilad Landsberg
    Chief Operations Officer
  • Mayrav Sher
    Head of Fin. & Investor Relations
  • Mr. Doron Kerbel (Age 51)
    Gen. Counsel & Company Sec.
  • Doreet Oren
    Sr. Director of Corp. Communications
  • Mr. Yossi Gal (Age 62)
    VP of Sales Operations & Information Technologies
  • Ms. Lior Moyal (Age 45)
    Chief People Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













GILT Stock - Frequently Asked Questions

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

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

What is Gilat Satellite Networks' stock price forecast for 2023?

1 Wall Street analysts have issued twelve-month price objectives for Gilat Satellite Networks' stock. Their GILT share price forecasts range from $8.50 to $8.50. On average, they expect the company's share price to reach $8.50 in the next twelve months. This suggests a possible upside of 32.4% 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 2023?

Gilat Satellite Networks' stock was trading at $5.80 on January 1st, 2023. Since then, GILT shares have increased by 10.7% and is now trading at $6.42.
View the best growth stocks for 2023 here.

Are investors shorting Gilat Satellite Networks?

Gilat Satellite Networks saw a increase in short interest in August. As of August 31st, there was short interest totaling 102,900 shares, an increase of 6.9% from the August 15th total of 96,300 shares. Based on an average daily volume of 124,700 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.2% of the company's shares are short sold.
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 Monday, November 13th 2023.
View our GILT earnings forecast.

How were Gilat Satellite Networks' earnings last quarter?

Gilat Satellite Networks Ltd. (NASDAQ:GILT) announced its quarterly earnings results on Tuesday, August, 8th. The communications equipment provider reported $0.08 EPS for the quarter. The communications equipment provider had revenue of $67.59 million for the quarter. Gilat Satellite Networks had a trailing twelve-month return on equity of 7.69% and a net margin of 2.31%.

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).BlueStar Israel Technology ETF (ITEQ).

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

Gilat Satellite Networks updated its FY 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $265.00 million-$285.00 million, compared to the consensus revenue estimate of $239.84 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).

What is Gilat Satellite Networks' stock symbol?

Gilat Satellite Networks trades on the NASDAQ under the ticker symbol "GILT."

Who are Gilat Satellite Networks' major shareholders?

Gilat Satellite Networks' stock is owned by a variety of retail and institutional investors. Top institutional investors include Meitav Investment House Ltd. (6.47%), Thrivent Financial for Lutherans (4.44%), Renaissance Technologies LLC (1.63%), ARK Investment Management LLC (0.74%), Clearline Capital LP (0.59%) and Goldman Sachs Group Inc. (0.37%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Gilat Satellite Networks' stock price today?

One share of GILT stock can currently be purchased for approximately $6.42.

How much money does Gilat Satellite Networks make?

Gilat Satellite Networks (NASDAQ:GILT) has a market capitalization of $363.50 million and generates $239.84 million in revenue each year. The communications equipment provider earns $-5,930,000.00 in net income (profit) each year or $0.11 on an earnings per share basis.

How many employees does Gilat Satellite Networks have?

The company employs 987 workers across the globe.

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
How can I contact Gilat Satellite Networks?

Gilat Satellite Networks' mailing address is GILAT HOUSE 21 YEGIA KAPAYIM STREET KIRYAT ARYE., PETAH TIKVA L3, 4913020. The official website for the company is www.gilat.com. The communications equipment provider can be reached via phone at (723) 925-2000, via email at junefil@optonline.net, or via fax at 972-3925-2945.

This page (NASDAQ:GILT) was last updated on 9/24/2023 by MarketBeat.com Staff

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