Gilat Satellite Networks Ltd. (NASDAQ:GILT) traded at $5.32 at last check on Friday, Oct 16, making an upward move of 0.38% on its previous day’s price.
Looking at the stock we see that its previous close was $5.3 and the beta (5Y monthly) reads 0.69 with the day’s price range being $5.25 – 5.38. The company has a 12-month trailing PE ratio of 21.03. In terms of its 52-week price range, GILT has a high of $10.76 and a low of $4.7. The company’s stock has gained about -3.97% over that past 30 days.
On the other hand, looking at the outlook for the GILT stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Based on estimates by 1 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, none have rated the Gilat Satellite Networks Ltd. (GILT) stock as a Hold, while 1 rate it as a Buy. None analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the GILT stock currently stands at 2.1, and the current price level is -1.48% off its SMA20 and -2.6% from its 50-day simple moving average. The RSI (14) is pointing at 47.71 while the volatility over the past week is 3.49% and jumps to 3.8% over the past one month. The beta value is 0.69, while the average true range (ATR) is currently pointing at 0.19. The average price target for the stock over the next 12 months is $5.42, with the estimates having a low of $5.42 and a high of $5.42. These price ends are 1.88% and +1.88% off the current price level respectively, although investors could be excited at the prospect of a +1.88% if the GILT share price touches on the median price of $5.42.
Let’s briefly compare Gilat (GILT) stock to its peers. We find that today’s price change of +0.38% and -33.47% over the past 12 months for GILT competes that of Liberty Srs XM CS A (LSXMA), which has seen its stock price fall -1.55% in the latest trading session and is -19.22% over the last one year. Another of its peers Liberty Srs XM CS C (LSXMK) has dropped -1.27% today, but is -20.27% down over the past year, while Iridium Comm Inc (IRDM) is also up 0.38% yet its price remains in the red at -33.47% over the same period. Liberty has a P/E ratio of 27.96 compared to Gilat’s 21.03 and Liberty’s 30.69. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.01% and 0.39%, respectively, in early deals.
Coming back to Gilat Satellite Networks Ltd. (NASDAQ:GILT), we note that the average 3-month trading volume was 345.55 Million, while that of the preceding 10-day period stands at 811.76 Million. Current shares outstanding are 55.52 Million.
According to data from Thomson Reuters, insiders hold 16.58% of the company’s shares while institutions hold 51.96%. The data shows that short shares as of September 29, 2020, stood at 157.9 Million at a short ratio of 1.08. This represents a 0.28% Short interest in Shares outstanding on September 29, 2020. Shares short rose in September from the previous month at 123.86 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -32.49% down in year-to-date price movement.