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Sunday, December 3, 2023

The Question Is Whether To Buy Or Not To Buy Viasat, Inc. (NASDAQ: VSAT)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Viasat, Inc. (VSAT) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.08, or -0.40%, to $19.85. The Viasat, Inc. has recorded 9,723 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Viasat and Skylo Technologies Launch First Global Direct-to-Device Network.

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Stocks Info

Viasat, Inc. is listed on the NASDAQ as a member of the Technology sector and is a part of the Communication Equipment industry. At the end of the last regular session, the stock closed at $19.93 and fluctuated between $20.23 as its day high and $19.01 as its day low. The current market capitalization of Viasat, Inc. is $2.48B. A total of 0.9 million shares were traded on the day, compared to an average of 1.56M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, VSAT has seen 9 BUY and 5 SELL insider trades, representing the acquisition of 14,400 and the disposition of 8,464 shares. Over the last 12 months, there were 31 BUYs and 35 SELLs from insiders. Insiders purchased 515,341 shares during that period but sold 107,561.

In the most recent transaction, Lippert Keven K sold 6,200 shares of VSAT for 19.58 per share on Nov 16. After the transaction, the Executive Vice President now owns 24 company shares. In a previous transaction on Nov 07, Miller Craig Andrew sold 150 shares at 18.01 per share. VSAT shares that Pres. Global Space Networks owns now total 9,220.

Among the insiders who sold shares, Miller Craig Andrew disposed of 150 shares on Oct 09 at a per-share price of $15.38. This resulted in the Pres. Government Systems holding 9,370 shares of VSAT after the transaction. In another insider transaction, Miller Craig Andrew sold 172 shares at $26.09 per share on Sep 06. Company shares held by the Pres. Government Systems now total 9,520.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for VSAT in the last 3 months, the mean price target is $38.57 with high estimates of $56.00 and low estimates of $22.00. In terms of 52-week highs and lows, VSAT has a high of $47.35 and a low of $15.02.

As of this writing, VSAT has an earnings estimate of $0.15 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.52 per share and a lower estimate of -$0.28. The company reported an EPS of -$0.83 in the last quarter, which was -112.80% lower than expectations of -$0.39.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. VSAT’s latest balance sheet shows that the firm has $310.46M in Cash & Short Term Investments as of fiscal 2022. There were $2.81B in debt and $770.42M in liabilities at the time. Its Book Value Per Share was $41.69, while its Total Shareholder’s Equity was $2.68B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for VSAT is Buy with a score of 3.78.

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