William Blair Has Optimistic Outlook of GILT FY2025 Earnings

Gilat Satellite Networks Ltd. (NASDAQ:GILT) – Equities researchers at William Blair raised their FY2025 EPS estimates for Gilat Satellite Networks in a report released on Wednesday, November 13th. William Blair analyst L. Dipalma now anticipates that the communications equipment provider will post earnings of $0.47 per share for the year, up from their prior estimate of $0.44. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for Gilat Satellite Networks’ current full-year earnings is $0.32 per share.

Other research analysts have also recently issued reports about the company. StockNews.com raised Gilat Satellite Networks from a “buy” rating to a “strong-buy” rating in a report on Friday. Needham & Company LLC reaffirmed a “buy” rating and issued a $8.50 target price on shares of Gilat Satellite Networks in a research note on Friday.

Gilat Satellite Networks Trading Up 3.2 %

Shares of GILT opened at $5.03 on Friday. The stock has a fifty day moving average price of $5.00 and a two-hundred day moving average price of $4.90. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.81 and a current ratio of 2.14. The company has a market cap of $286.81 million, a price-to-earnings ratio of 17.35 and a beta of 0.59. Gilat Satellite Networks has a 52-week low of $4.04 and a 52-week high of $6.80.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets acquired a new position in Gilat Satellite Networks in the third quarter valued at about $27,000. Quadrature Capital Ltd grew its holdings in shares of Gilat Satellite Networks by 19.6% in the 1st quarter. Quadrature Capital Ltd now owns 33,937 shares of the communications equipment provider’s stock valued at $184,000 after buying an additional 5,559 shares during the period. Foundry Partners LLC increased its position in shares of Gilat Satellite Networks by 1.0% in the 3rd quarter. Foundry Partners LLC now owns 834,230 shares of the communications equipment provider’s stock valued at $4,396,000 after buying an additional 8,045 shares in the last quarter. PDT Partners LLC raised its stake in Gilat Satellite Networks by 51.1% during the 3rd quarter. PDT Partners LLC now owns 27,453 shares of the communications equipment provider’s stock worth $145,000 after buying an additional 9,287 shares during the period. Finally, Wedbush Securities Inc. bought a new position in Gilat Satellite Networks during the second quarter worth about $46,000. 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.