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Gilat Satellite Networks Stock Forecast, Price & News

+0.22 (+3.71 %)
(As of 11/27/2020 12:00 AM ET)
Today's Range
Now: $6.15
50-Day Range
MA: $5.58
52-Week Range
Now: $6.15
Volume180,874 shs
Average Volume450,022 shs
Market Capitalization$341.28 million
P/E Ratio24.60
Dividend Yield4.55%
Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions and services in Latin America, the Asia Pacific, North America, Europe, the Middle East, and Africa. It operates through three segments: Fixed Networks, Mobility Solutions, and Terrestrial Infrastructure Projects. The company designs and manufactures ground-based satellite communications equipment; and provides solutions and end-to-end services. Its portfolio consists of a cloud-based satellite network platform, very small aperture terminals, amplifiers, modems, on-the-move antennas, solid state amplifiers, block upconverters, transceivers, low-profile antennas, and on-the-move/on-the-pause terminals. In addition, the company offers various 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. Further, 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. Gilat Satellite Networks Ltd. sells its products and solutions to communication service providers and operators, mobile network operators, telecommunication companies, and system integrators, as well as to defense and homeland security organizations, and directly to end-users. The company was founded in 1987 and is headquartered in Petah Tikva, Israel.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.90 out of 5 stars

Industry, Sector and Symbol

Industry Radio & t.v. communications equipment
Current SymbolNASDAQ:GILT



Sales & Book Value

Annual Sales$263.49 million
Cash Flow$0.63 per share
Book Value$4.57 per share


Net Income$36.54 million


Market Cap$341.28 million
Next Earnings Date2/17/2021 (Estimated)
+0.22 (+3.71 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Gilat Satellite Networks (NASDAQ:GILT) Frequently Asked Questions

How has Gilat Satellite Networks' stock been impacted by COVID-19 (Coronavirus)?

Gilat Satellite Networks' stock was trading at $8.17 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, GILT shares have decreased by 24.7% and is now trading at $6.15.
View which stocks have been most impacted by COVID-19

What stocks does MarketBeat like better than Gilat Satellite Networks?

Wall Street analysts have given Gilat Satellite Networks a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Gilat Satellite Networks wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Gilat Satellite Networks' next earnings date?

Gilat Satellite Networks is scheduled to release its next quarterly earnings announcement on Wednesday, February 17th 2021.
View our earnings forecast for Gilat Satellite Networks

How were Gilat Satellite Networks' earnings last quarter?

Gilat Satellite Networks Ltd. (NASDAQ:GILT) released its quarterly earnings data on Monday, August, 31st. The communications equipment provider reported ($0.07) earnings per share (EPS) for the quarter. The communications equipment provider had revenue of $38.32 million for the quarter. Gilat Satellite Networks had a return on equity of 1.05% and a net margin of 6.29%.
View Gilat Satellite Networks' earnings history

How often does Gilat Satellite Networks pay dividends? What is the dividend yield for Gilat Satellite Networks?

Gilat Satellite Networks declared an annual dividend on Friday, October 30th. Investors of record on Thursday, November 12th will be paid a dividend of $0.36 per share on Wednesday, December 2nd. This represents a dividend yield of 6.01%. The ex-dividend date of this dividend is Tuesday, November 10th.
View Gilat Satellite Networks' dividend history

Are investors shorting Gilat Satellite Networks?

Gilat Satellite Networks saw a increase in short interest in the month of October. As of October 30th, there was short interest totaling 449,700 shares, an increase of 175.4% from the October 15th total of 163,300 shares. Based on an average trading volume of 409,800 shares, the days-to-cover ratio is presently 1.1 days. Currently, 1.5% of the company's shares are sold short.
View Gilat Satellite Networks' Short Interest

Who are some of Gilat Satellite Networks' key competitors?

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 Group (MRVL), Inseego (INSG), Nokia (NOK), Comtech Telecommunications (CMTL), NVIDIA (NVDA), Cisco Systems (CSCO), Skyworks Solutions (SWKS), Alibaba Group (BABA), Square (SQ) and Advanced Micro Devices (AMD).

Who are Gilat Satellite Networks' key executives?

Gilat Satellite Networks' management team includes the following people:
  • Mr. Adi Sfadia, Interim CEO & Chief Integration Officer (Age 50, Pay $401.02k)
  • Mr. Yuval Shani, Chief Operating Officer (Age 54, Pay $406.78k)
  • Ms. Bosmat Halpern-Levy, Interim Chief Financial Officer
  • Mr. Alik Shimelmits, Chief Technology & Product Officer (Age 58)
  • Yael Shofar, Gen. Counsel & Corp. Sec.
  • Doreet Oren, Director of Corp. Communications
  • Mr. Yossi Gal, VP of Sales Operations & Information Technologies (Age 59)
  • Ms. Lior Moyal, VP of HR

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 institutional and retail investors. Top institutional investors include Morgan Stanley (5.28%), ARK Investment Management LLC (0.29%), State Street Corp (0.24%), Wells Fargo & Company MN (0.14%), Jane Street Group LLC (0.08%) and SG Americas Securities LLC (0.06%).

Which institutional investors are selling Gilat Satellite Networks stock?

GILT stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Jane Street Group LLC, and Wells Fargo & Company MN.

Which institutional investors are buying Gilat Satellite Networks stock?

GILT stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, ARK Investment Management LLC, GSA Capital Partners LLP, Schonfeld Strategic Advisors LLC, Schonfeld Strategic Advisors LLC, Cambridge Investment Research Advisors Inc., Mint Tower Capital Management B.V., and State Street Corp.

How do I buy shares of Gilat Satellite Networks?

Shares of GILT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Gilat Satellite Networks' stock price today?

One share of GILT stock can currently be purchased for approximately $6.15.

How big of a company is Gilat Satellite Networks?

Gilat Satellite Networks has a market capitalization of $341.28 million and generates $263.49 million in revenue each year. Gilat Satellite Networks employs 864 workers across the globe.

What is Gilat Satellite Networks' official website?

The official website for Gilat Satellite Networks is www.gilat.com.

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 communications equipment provider can be reached via phone at 972-3929-3020 or via email at [email protected]

This page was last updated on 11/28/2020 by MarketBeat.com Staff

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