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S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
La-Z-Boy Reclines To More Comfortable Levels 
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Are the Short Sellers Still Right About Mullen Automotive stock? 
Is The Recovery Rally Here For SoFi?
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
La-Z-Boy Reclines To More Comfortable Levels 
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Are the Short Sellers Still Right About Mullen Automotive stock? 
Is The Recovery Rally Here For SoFi?
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
La-Z-Boy Reclines To More Comfortable Levels 
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Are the Short Sellers Still Right About Mullen Automotive stock? 
Is The Recovery Rally Here For SoFi?
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
NASDAQ:GILT

Gilat Satellite Networks - GILT Stock Forecast, Price & News

$6.10
-0.08 (-1.29%)
(As of 12/1/2022 12:00 AM ET)
Add
Compare
Today's Range
$6.07
$6.23
50-Day Range
$5.00
$6.18
52-Week Range
$4.97
$9.11
Volume
117,265 shs
Average Volume
256,632 shs
Market Capitalization
$345.32 million
P/E Ratio
122.02
Dividend Yield
N/A
Price Target
N/A
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 and internationally. It operates through Fixed Networks, Mobility Solutions, and Terrestrial Infrastructure Projects segments. The company designs and manufactures ground-based satellite communications equipment; and provides solutions and end-to-end services. Its portfolio consists of very small aperture terminals, amplifiers, modems, on-the-move antennas, solid state power amplifiers, block upconverters, transceivers, low-profile antennas, and on-the-move/on-the-pause terminals and modems. The company also offers turnkey integrated solutions, including managed satellite network services, network planning and optimization, satellite capacity, 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 communication service providers, satellite operators, governments, mobile network operators, telecommunication companies, and system integrators, as well as to defense and homeland security organizations, and directly to end-users. Gilat Satellite Networks Ltd. was incorporated in 1987 and is headquartered in Petah Tikva, Israel.

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GILT Stock News Headlines

Gilat Satellite Networks: Modest But Steady Growth Ahead
GILT Gilat Satellite Networks Ltd.
Gilat Reports Strong Second Quarter 2022 Results
See More Headlines
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GILT Company Calendar

Last Earnings
11/09/2021
Today
12/01/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/21/2023

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:GILT
Employees
779
Year Founded
1987

Profitability

Net Income
$-3,030,000.00
Pretax Margin
2.67%

Debt

Sales & Book Value

Annual Sales
$218.82 million
Cash Flow
$0.23 per share
Book Value
$4.39 per share

Miscellaneous

Free Float
55,970,000
Market Cap
$345.32 million
Optionable
Optionable
Beta
0.54

Social Links


Key Executives

  • Mr. Adi Sfadia (Age 52)
    Chief Exec. Officer
    Comp: $775.5k
  • Mr. Ron Levin (Age 47)
    Chief Operating Officer
    Comp: $390.87k
  • Ms. Michal Aharonov (Age 50)
    VP & Chief Commercial Officer
    Comp: $394.01k
  • Mr. Gil Benyamini (Age 48)
    Chief Financial Officer
  • Yael Shofar
    Gen. Counsel & Corp. Sec.
  • Mr. Doron Kerbel (Age 50)
    Gen. Counsel
  • Doreet Oren
    Sr. Director of Corp. Communications
  • Mr. Yossi Gal (Age 61)
    VP of Sales Operations & Information Technologies
  • Mr. Hagay Katz (Age 62)
    Chief Product & Marketing Officer
  • Ms. Lior Moyal (Age 44)
    Sr. VP of HR













GILT Stock - Frequently Asked Questions

How have GILT shares performed in 2022?

Gilat Satellite Networks' stock was trading at $7.07 at the beginning of the year. Since then, GILT stock has decreased by 13.7% and is now trading at $6.10.
View the best growth stocks for 2022 here
.

Are investors shorting Gilat Satellite Networks?

Gilat Satellite Networks saw a increase in short interest in November. As of November 15th, there was short interest totaling 277,600 shares, an increase of 49.5% from the October 31st total of 185,700 shares. Based on an average trading volume of 148,300 shares, the short-interest ratio is currently 1.9 days. Currently, 0.6% of the company's stock 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 21st 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, November, 9th. The communications equipment provider reported $0.01 EPS for the quarter, beating analysts' consensus estimates of ($0.01) by $0.02. The communications equipment provider earned $49.91 million during the quarter. Gilat Satellite Networks had a trailing twelve-month return on equity of 3.23% and a net margin of 1.05%.

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

Gilat Satellite Networks issued an update on its FY 2022 earnings guidance on Monday, November, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $240.00 million-$245.00 million, compared to the consensus revenue estimate of $254.12 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 institutional and retail investors. Top institutional investors include Thrivent Financial for Lutherans (5.00%), Group One Trading L.P. (0.00%), Renaissance Technologies LLC (1.67%), State Street Corp (1.27%), Citadel Advisors LLC (0.00%) and ARK Investment Management LLC (0.65%).

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 $6.10.

How much money does Gilat Satellite Networks make?

Gilat Satellite Networks (NASDAQ:GILT) has a market capitalization of $345.32 million and generates $218.82 million in revenue each year. The communications equipment provider earns $-3,030,000.00 in net income (profit) each year or $0.05 on an earnings per share basis.

How many employees does Gilat Satellite Networks have?

The company employs 779 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.
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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 12/2/2022 by MarketBeat.com Staff