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NASDAQ:GILTGilat Satellite Networks Stock Price, Forecast & News

$8.40
-0.01 (-0.12 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$8.34
Now: $8.40
$8.49
50-Day Range
$7.25
MA: $8.30
$8.64
52-Week Range
$4.70
Now: $8.40
$10.76
Volume131,300 shs
Average Volume492,321 shs
Market Capitalization$466.14 million
P/E Ratio12.92
Dividend Yield5.36%
Beta1.01
Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions and services in Israel, Latin America, Asia, the Asia Pacific, North America, Africa, Europe, and CIS countries. 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 very small aperture terminals, amplifiers, modems, on-the-move antennas, solid state amplifiers, block upconverters, 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: 2.3Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.04 out of 5 stars


Industry, Sector and Symbol

Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:GILT
CUSIPN/A
Phone972-3929-3020

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$263.49 million
Cash Flow$0.62 per share
Book Value$4.57 per share

Profitability

Net Income$36.54 million

Miscellaneous

Employees1,012
Market Cap$466.14 million
Next Earnings Date5/26/2020 (Estimated)
OptionableOptionable

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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 Coronavirus reached pandemic status according to the World Health Organization. Since then, GILT stock has increased by 2.8% and is now trading at $8.40. View which stocks have been most impacted by Coronavirus.

When is Gilat Satellite Networks' next earnings date?

Gilat Satellite Networks is scheduled to release its next quarterly earnings announcement on Tuesday, May 26th 2020. View our earnings forecast for Gilat Satellite Networks.

How were Gilat Satellite Networks' earnings last quarter?

Gilat Satellite Networks Ltd. (NASDAQ:GILT) announced its earnings results on Wednesday, August, 10th. The communications equipment provider reported ($0.04) earnings per share for the quarter. The communications equipment provider had revenue of $67.90 million for the quarter, compared to analysts' expectations of $44.30 million. Gilat Satellite Networks had a return on equity of 9.78% and a net margin of 13.87%. View Gilat Satellite Networks' earnings history.

Has Gilat Satellite Networks been receiving favorable news coverage?

Media headlines about GILT stock have trended negative recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Gilat Satellite Networks earned a news impact score of -2.7 on InfoTrie's scale. They also assigned media stories about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutGilat Satellite Networks.

Are investors shorting Gilat Satellite Networks?

Gilat Satellite Networks saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 72,600 shares, a decrease of 47.6% from the April 30th total of 138,500 shares. Based on an average daily trading volume, of 432,200 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.3% of the shares of the stock are sold short. View Gilat Satellite Networks' Current Options Chain.

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), Comtech Telecomm. (CMTL), Nokia Oyj (NOK), Inseego (INSG), NVIDIA (NVDA), Editas Medicine (EDIT), Cisco Systems (CSCO), Square (SQ), Skyworks Solutions (SWKS) and Advanced Micro Devices (AMD).

Who are Gilat Satellite Networks' key executives?

Gilat Satellite Networks' management team includes the following people:
  • Mr. Yona Ovadia, Chief Exec. Officer (Age 60)
  • Mr. Adi Sfadia, Chief Financial Officer (Age 49)
  • Ms. Michal Aharonov, VP of Commercial (Age 47)
  • Mr. Yuval Shani, Chief Operating Officer (Age 53)
  • Yael Shofar, Gen. Counsel & Corp. Sec.

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 Alpine Associates Management Inc. (3.03%), Water Island Capital LLC (1.66%), Dupont Capital Management Corp (0.68%), GABELLI & Co INVESTMENT ADVISERS INC. (0.67%), JPMorgan Chase & Co. (0.49%) and Gabelli Funds LLC (0.49%).

Which major investors are selling Gilat Satellite Networks stock?

GILT stock was sold by a variety of institutional investors in the last quarter, including Phoenix Holdings Ltd., and Wellington Management Group LLP.

Which major investors are buying Gilat Satellite Networks stock?

GILT stock was acquired by a variety of institutional investors in the last quarter, including Alpine Associates Management Inc., Water Island Capital LLC, Dupont Capital Management Corp, GABELLI & Co INVESTMENT ADVISERS INC., Gabelli Funds LLC, JPMorgan Chase & Co., Meitav Dash Investments Ltd., and Maven Securities LTD.

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 $8.40.

How big of a company is Gilat Satellite Networks?

Gilat Satellite Networks has a market capitalization of $466.14 million and generates $263.49 million in revenue each year. Gilat Satellite Networks employs 1,012 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 5/26/2020 by MarketBeat.com Staff

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