NASDAQ:GILT

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

$6.46

0.00 (0.00%)

(As of 01:38 PM ET)

Compare

Today's Range: $6.41
▼
$6.57
50-Day Range: $6.01
▼
$7.01
52-Week Range: $4.51
▼
$7.16

Volume: 24,695 shs
Average Volume: 115,475 shs
Market Capitalization: $365.77 million

P/E Ratio: 58.73
Dividend Yield: N/A
Price Target: $8.50

Gilat Satellite Networks MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 31.2% Upside
$8.50 Price Target
Short Interest: Healthy
0.21% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.01
Based on 4 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.

1.96 out of 5 stars

Computer And Technology Sector

426th out of 591 stocks

Radio & T.V. Communications Equipment Industry

16th out of 21 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.
Price Target Upside/Downside
According to analysts' consensus price target of $8.50, Gilat Satellite Networks has a forecasted upside of 31.2% from its current price of $6.48.
Amount of Analyst Coverage
Gilat Satellite Networks has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.21% 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 0.8, 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 increased by 6.85%, indicating that investor sentiment is decreasing 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.

N/A

Sustainability and ESG

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

1.7

News and Social Media Coverage

News Sentiment
Gilat Satellite Networks has a news sentiment score of 0.01. 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 is a lower news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Gilat Satellite Networks this week, compared to 1 article on an average week.
MarketBeat Follows
Only 2 people have added Gilat Satellite Networks to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% 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 32.55% 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 58.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.57.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gilat Satellite Networks is 58.91, 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 240.68.
Price to Book Value per Share Ratio
Gilat Satellite Networks has a P/B Ratio of 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

30 days | 90 days | 365 days | Advanced Chart

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 22, 2023 | Chaikin Analytics (Ad)

This Stock Could Go Up 66% or More.

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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 22, 2023 | Chaikin Analytics (Ad)

This Stock Could Go Up 66% or More.

Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. 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: 9/22/2023
Next Earnings (Estimated): 11/13/2023
Fiscal Year End: 12/31/2023

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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: +31.2%
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: 58.91
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: 1.53
Cash Flow: $0.39 per share
Price / Cash Flow: 16.66
Book Value: $4.31 per share
Price / Book: 1.50

Miscellaneous

Outstanding Shares: 56,620,000
Free Float: 55,982,000
Market Cap: $366.90 million
Optionable: Optionable
Beta: 0.54

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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 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 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 research analysts have issued 12-month target prices for Gilat Satellite Networks' shares. Their GILT share price forecasts range from $8.50 to $8.50. On average, they predict the company's share price to reach $8.50 in the next twelve months. This suggests a possible upside of 31.2% 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 stock has increased by 11.7% and is now trading at $6.48.
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 short-interest ratio is currently 0.8 days. Approximately 0.2% of the company's stock 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) posted its quarterly earnings results on Tuesday, August, 8th. The communications equipment provider reported $0.08 EPS for the quarter. The communications equipment provider earned $67.59 million during 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 issued an update on 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 number 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 $6.48.
How much money does Gilat Satellite Networks make?: Gilat Satellite Networks (NASDAQ:GILT) has a market capitalization of $366.90 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 9/22/2023 by MarketBeat.com Staff

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

Gilat Satellite Networks MarketRank™ Forecast

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

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Gilat Satellite Networks (NASDAQ:GILT) Stock

GILT Price History

GILT Stock News Headlines

GILT 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 - Frequently Asked Questions

Overall MarketRank^™