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

1 Wall Street research 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 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 target for 2024?

1 analysts have issued 1-year target prices for Gilat Satellite Networks' shares. Their GILT share price targets range from $8.50 to $8.50. On average, they anticipate the company's share price to reach $8.50 in the next year. This suggests a possible upside of 34.7% 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 at the beginning of the year. Since then, GILT shares have increased by 8.8% and is now trading at $6.31. View the best growth stocks for 2023 here .

Are investors shorting Gilat Satellite Networks?

Gilat Satellite Networks saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 103,900 shares, an increase of 46.5% from the October 31st total of 70,900 shares. Based on an average daily trading volume, of 91,700 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.2% 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 Tuesday, February 13th 2024. View our GILT earnings forecast .

How were Gilat Satellite Networks' earnings last quarter?

Gilat Satellite Networks Ltd. (NASDAQ:GILT) issued its quarterly earnings results on Tuesday, November, 7th. The communications equipment provider reported $0.08 earnings per share (EPS) for the quarter. The communications equipment provider earned $63.93 million during the quarter. Gilat Satellite Networks had a trailing twelve-month return on equity of 8.17% and a net margin of 5.34%.

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, November, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $265.00 million-$275.00 million, compared to the consensus revenue estimate of $270.42 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) .

Who are Gilat Satellite Networks' major shareholders?

Gilat Satellite Networks' stock is owned by a variety of institutional and retail investors. Top institutional investors include Phoenix Holdings Ltd. (7.54%), Meitav Investment House Ltd. (6.47%), Acadian Asset Management LLC (0.80%), Kent Lake Capital LLC (0.62%), ARK Investment Management LLC (0.59%) and First Wilshire Securities Management Inc. (0.53%).

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 .

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

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

$6.31

-0.04 (-0.63%)

(As of 12/4/2023 ET)

Compare

Today's Range: $6.25
▼
$6.40
50-Day Range: $5.52
▼
$6.47
52-Week Range: $4.51
▼
$7.16

Volume: 123,710 shs
Average Volume: 110,683 shs
Market Capitalization: $357.27 million

P/E Ratio: 25.24
Dividend Yield: N/A
Price Target: $8.50

Gilat Satellite Networks MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 34.7% Upside
$8.50 Price Target
Short Interest: Healthy
0.20% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.62
Based on 3 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.

2.06 out of 5 stars

Computer And Technology Sector

337th out of 593 stocks

Communication Equipment Industry

3rd out of 5 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 34.7% from its current price of $6.31.
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
0.20% 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 1.1, 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 46.54%, 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.

2.6

News and Social Media Coverage

News Sentiment
Gilat Satellite Networks has a news sentiment score of 0.62. 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 1 article on an average week.
Search Interest
Only 2 people have searched for GILT on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
1 people have added Gilat Satellite Networks to their MarketBeat watchlist in the last 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 25.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.85.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gilat Satellite Networks is 25.24, 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 245.39.
Price to Book Value per Share Ratio
Gilat Satellite Networks has a P/B Ratio of 1.35. 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 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

December 4, 2023 | finance.yahoo.com

US Army Awards Nearly $20 Million Contract Extension to Gilat to Sustain Anytime, Anywhere Satellite Connectivity

December 3, 2023 | finance.yahoo.com

With 61% ownership of the shares, Gilat Satellite Networks Ltd. (NASDAQ:GILT) is heavily dominated by institutional owners

December 5, 2023 | DTI Trader (Ad)

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November 17, 2023 | stocknews.com

3 Tech Stocks Proving Their Worth in November

November 16, 2023 | finanznachrichten.de

Gilat Satellite Networks Ltd.: Gilat Completes Acquisition of DataPath, Inc.

November 16, 2023 | finance.yahoo.com

Gilat Completes Acquisition of DataPath, Inc.

November 9, 2023 | morningstar.com

Gilat Satellite Networks Ltd GILT

November 9, 2023 | finance.yahoo.com

Gilat Satellite Networks Ltd. (NASDAQ:GILT) Q3 2023 Earnings Call Transcript

December 5, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 9, 2023 | finance.yahoo.com

Gilat to Participate at the Needham Virtual Security, Networking & Communications Conference on Tuesday, November 14

November 7, 2023 | markets.businessinsider.com

Gilat Satellite Networks Posts Q3 Profit Leap, Tightens Revenue Forecast

November 7, 2023 | finance.yahoo.com

Gilat Reports Third Quarter 2023 Results

November 1, 2023 | finance.yahoo.com

Gilat Awarded Approximately $20 Million in Contract Renewal and Extension from Tier-1 MNO in the USA

October 17, 2023 | finance.yahoo.com

Is Gilat Satellite Networks Ltd.'s (NASDAQ:GILT) Stock Price Struggling As A Result Of Its Mixed Financials?

October 11, 2023 | finance.yahoo.com

Gilat to Report Third Quarter 2023 Results on November 7th

September 20, 2023 | finance.yahoo.com

Gilat Satellite Networks (NASDAQ:GILT) Is Looking To Continue Growing Its Returns On Capital

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

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

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Today: 12/05/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/13/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Communication 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 Target: $8.50
High Stock Price Target: $8.50
Low Stock Price Target: $8.50
Potential Upside/Downside: +34.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.25
Trailing P/E Ratio: 25.24
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-5,930,000.00
Net Margins: 5.34%
Pretax Margin: 11.44%
Return on Equity: 8.17%
Return on Assets: 5.43%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.05
Quick Ratio: 1.70

Sales & Book Value

Annual Sales: $239.84 million
Price / Sales: 1.49
Cash Flow: $0.39 per share
Price / Cash Flow: 16.22
Book Value: $4.69 per share
Price / Book: 1.35

Miscellaneous

Outstanding Shares: 56,620,000
Free Float: 55,982,000
Market Cap: $357.27 million
Optionable: Optionable
Beta: 0.62

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Key Executives

Mr. Adi Sfadia (Age 53)
Chief Executive 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 Finance & Investor Relations
Mr. Doron Kerbel (Age 51)
General Counsel & Company Secretary
Doreet Oren
Senior Director of Corporate Communications
Mr. Yossi Gal (Age 62)
Vice President 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 Analysis - Frequently Asked Questions

Should I buy or sell Gilat Satellite Networks stock right now?: 1 Wall Street research 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 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 target for 2024?: 1 analysts have issued 1-year target prices for Gilat Satellite Networks' shares. Their GILT share price targets range from $8.50 to $8.50. On average, they anticipate the company's share price to reach $8.50 in the next year. This suggests a possible upside of 34.7% 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 at the beginning of the year. Since then, GILT shares have increased by 8.8% and is now trading at $6.31.
View the best growth stocks for 2023 here.
Are investors shorting Gilat Satellite Networks?: Gilat Satellite Networks saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 103,900 shares, an increase of 46.5% from the October 31st total of 70,900 shares. Based on an average daily trading volume, of 91,700 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.2% 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 Tuesday, February 13th 2024.
View our GILT earnings forecast.
How were Gilat Satellite Networks' earnings last quarter?: Gilat Satellite Networks Ltd. (NASDAQ:GILT) issued its quarterly earnings results on Tuesday, November, 7th. The communications equipment provider reported $0.08 earnings per share (EPS) for the quarter. The communications equipment provider earned $63.93 million during the quarter. Gilat Satellite Networks had a trailing twelve-month return on equity of 8.17% and a net margin of 5.34%.

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, November, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $265.00 million-$275.00 million, compared to the consensus revenue estimate of $270.42 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).
Who are Gilat Satellite Networks' major shareholders?: Gilat Satellite Networks' stock is owned by a variety of institutional and retail investors. Top institutional investors include Phoenix Holdings Ltd. (7.54%), Meitav Investment House Ltd. (6.47%), Acadian Asset Management LLC (0.80%), Kent Lake Capital LLC (0.62%), ARK Investment Management LLC (0.59%) and First Wilshire Securities Management Inc. (0.53%).
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.
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 12/5/2023 by MarketBeat.com Staff

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