Viasat Inc. (NASDAQ:VSAT) Relative Strength Index (RSI) is 44.01, with weekly volatility at 2.95% and ATR at 1.67. The VSAT stock’s 52-week price range has touched low of $29.82 and a $61.35 high. Intraday shares traded counted 0.47 million, which was 8.17% higher than its 30-day average trading volume of 508.88K. Its shares traded higher over the last trading session, gaining 0.64% on 06/17/21. The shares fell to a low of $47.64 before closing at $48.74. VSAT’s previous close was $48.43 while the outstanding shares total 68.66M. The firm has a beta of 1.18, a 12-month trailing P/E ratio of 1476.97, and a growth ratio of 46.59.
Investors have identified the Communication Equipment company Viasat Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $3.50 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Viasat Inc. (VSAT) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For VSAT, the company has in raw cash 295.95 million on their books with 30.47 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 991.23 million total, with 708.44 million as their total liabilities.
VSAT were able to record -100.03 million as free cash flow during the 08/12/2021 quarter of the year, this saw their quarterly net cash flow reduce by -8.36 million. In cash movements, the company had a total of 727.22 million as operating cash flow.
Potential earnings growth for Viasat Inc. (VSAT)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/12/2021 quarter of the year, Viasat Inc. recorded a total of 595.78 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 0.68% coming in sequential stages and their sales for the 08/12/2021 quarter increasing by 3.39%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 400.11 million trying to sell their products during the last quarter, with the result yielding a gross income of 195.67 million. This allows shareholders to hold on to 68.66M with the recently reported earning now reading 0.23 cents per share. This is a figure that compared to analyst’s prediction for their 08/12/2021 (0.11 cents a share).
Having a look at the company’s valuation, the company is expected to record 0.52 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on VSAT sounds very interesting.
Is the stock of VSAT attractive?
In related news, Executive Vice President, Lippert Keven K sold 3,000 shares of the company’s stock in a transaction that recorded on Mar 11. The sale was performed at an average price of 55.69, for a total value of 167,070. As the sale deal closes, the Chief People Officer, Kimbro Melinda Michele now sold 364 shares of the company’s stock, valued at 19,634. Also, Executive Vice President, Lippert Keven K sold 3,000 shares of the company’s stock in a deal that was recorded on Feb 17. The shares were price at an average price of 58.16 per share, with a total market value of 174,480. Following this completion of acquisition, the Chief People Officer, Kimbro Melinda Michele now holds 678 shares of the company’s stock, valued at 23,411. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.
4 out of 6 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Viasat Inc.. 0 analysts has assigned a Sell rating on the VSAT stock. The 12-month mean consensus price target for the company’s shares has been set at $60.83.