Gilat Satellite Networks Ltd. (NASDAQ:GILT – Free Report) – Investment analysts at William Blair issued their FY2026 EPS estimates for shares of Gilat Satellite Networks in a research note issued on Wednesday, February 12th. William Blair analyst L. Dipalma forecasts that the communications equipment provider will earn $0.76 per share for the year. The consensus estimate for Gilat Satellite Networks’ current full-year earnings is $0.48 per share.
Other equities analysts also recently issued reports about the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $8.50 price objective on shares of Gilat Satellite Networks in a report on Thursday. StockNews.com raised shares of Gilat Satellite Networks from a “buy” rating to a “strong-buy” rating in a report on Friday, November 15th.
Gilat Satellite Networks Price Performance
NASDAQ:GILT opened at $6.78 on Monday. The company has a 50-day moving average of $6.55 and a 200-day moving average of $5.52. The company has a market capitalization of $386.60 million, a price-to-earnings ratio of 23.38 and a beta of 0.60. Gilat Satellite Networks has a 52 week low of $4.04 and a 52 week high of $7.76. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.84 and a current ratio of 2.17.
Gilat Satellite Networks (NASDAQ:GILT – Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The communications equipment provider reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.01. Gilat Satellite Networks had a net margin of 5.46% and a return on equity of 9.30%.
Institutional Investors Weigh In On Gilat Satellite Networks
A number of hedge funds have recently made changes to their positions in GILT. Van ECK Associates Corp increased its position in shares of Gilat Satellite Networks by 60.9% during the 3rd quarter. Van ECK Associates Corp now owns 35,984 shares of the communications equipment provider’s stock worth $175,000 after purchasing an additional 13,625 shares in the last quarter. ARK Investment Management LLC increased its position in shares of Gilat Satellite Networks by 7.9% during the 3rd quarter. ARK Investment Management LLC now owns 434,963 shares of the communications equipment provider’s stock worth $2,292,000 after purchasing an additional 31,714 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in shares of Gilat Satellite Networks during the 3rd quarter worth about $140,000. Foundry Partners LLC increased its position in shares of Gilat Satellite Networks by 1.0% during the 3rd quarter. Foundry Partners LLC now owns 834,230 shares of the communications equipment provider’s stock worth $4,396,000 after purchasing an additional 8,045 shares in the last quarter. Finally, BNP Paribas Financial Markets acquired a new stake in shares of Gilat Satellite Networks during the 3rd quarter worth about $27,000. Institutional investors and hedge funds own 35.72% of the company’s stock.
Gilat Satellite Networks Company Profile
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. 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, and defense ground systems and field services.
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