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S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
All the trading advice you’ve ever received boils down to this (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
All the trading advice you’ve ever received boils down to this (Ad)
2 energy drink makers to wake up your portfolio
Snowflake’s bullish tailwind is turning into a gale-force wind
All the trading advice you’ve ever received boils down to this (Ad)
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
All the trading advice you’ve ever received boils down to this (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
All the trading advice you’ve ever received boils down to this (Ad)
2 energy drink makers to wake up your portfolio
Snowflake’s bullish tailwind is turning into a gale-force wind
All the trading advice you’ve ever received boils down to this (Ad)
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
All the trading advice you’ve ever received boils down to this (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
All the trading advice you’ve ever received boils down to this (Ad)
2 energy drink makers to wake up your portfolio
Snowflake’s bullish tailwind is turning into a gale-force wind
All the trading advice you’ve ever received boils down to this (Ad)
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?

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
0.62mentions of Gilat Satellite Networks in the last 14 days
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


GILT stock logo

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

GILT Stock News Headlines

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.
3 Tech Stocks Proving Their Worth in November
Gilat Completes Acquisition of DataPath, Inc.
Gilat Satellite Networks Ltd GILT
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.
Gilat Satellite Networks Posts Q3 Profit Leap, Tightens Revenue Forecast
Gilat Reports Third Quarter 2023 Results
Gilat Reports Second Quarter 2023 Results
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

Industry, Sector and Symbol

Industry
Communication Equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:GILT
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

Net Income
$-5,930,000.00
Pretax Margin
11.44%

Debt

Sales & Book Value

Annual Sales
$239.84 million
Cash Flow
$0.39 per share
Book Value
$4.69 per share

Miscellaneous

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














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.
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This page (NASDAQ:GILT) was last updated on 12/5/2023 by MarketBeat.com Staff

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