
Gilat Satellite Networks Ltd. (NASDAQ:GILT – Free Report) – Equities researchers at William Blair reduced their FY2025 earnings per share estimates for shares of Gilat Satellite Networks in a research note issued on Wednesday, November 12th. William Blair analyst L. Dipalma now forecasts that the communications equipment provider will post earnings of $0.58 per share for the year, down from their previous forecast of $0.59. The consensus estimate for Gilat Satellite Networks’ current full-year earnings is $0.50 per share. William Blair also issued estimates for Gilat Satellite Networks’ Q4 2025 earnings at $0.13 EPS and FY2026 earnings at $0.65 EPS.
GILT has been the topic of several other reports. Zacks Research cut shares of Gilat Satellite Networks from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Wall Street Zen downgraded Gilat Satellite Networks from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 18th. Needham & Company LLC upped their target price on Gilat Satellite Networks from $11.00 to $16.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Gilat Satellite Networks in a report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $16.00.
Gilat Satellite Networks Stock Down 2.6%
Gilat Satellite Networks stock opened at $11.35 on Monday. Gilat Satellite Networks has a twelve month low of $5.20 and a twelve month high of $15.24. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.17 and a current ratio of 1.50. The firm has a market cap of $649.36 million, a PE ratio of 29.10 and a beta of 0.62. The firm’s 50 day moving average price is $12.97 and its two-hundred day moving average price is $9.40.
Gilat Satellite Networks (NASDAQ:GILT – Get Free Report) last posted its quarterly earnings results on Wednesday, November 12th. The communications equipment provider reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.06. Gilat Satellite Networks had a net margin of 6.41% and a return on equity of 10.05%. The business had revenue of $117.69 million during the quarter, compared to analyst estimates of $112.19 million. Gilat Satellite Networks has set its FY 2025 guidance at EPS.
Institutional Trading of Gilat Satellite Networks
A number of institutional investors and hedge funds have recently made changes to their positions in GILT. Cullen Frost Bankers Inc. acquired a new position in shares of Gilat Satellite Networks during the 3rd quarter valued at about $26,000. USA Financial Formulas bought a new stake in Gilat Satellite Networks during the third quarter worth approximately $39,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Gilat Satellite Networks during the third quarter valued at approximately $64,000. McIlrath & Eck LLC grew its holdings in Gilat Satellite Networks by 383.1% during the third quarter. McIlrath & Eck LLC now owns 5,783 shares of the communications equipment provider’s stock valued at $75,000 after purchasing an additional 4,586 shares during the last quarter. Finally, Assetmark Inc. bought a new position in shares of Gilat Satellite Networks in the third quarter valued at approximately $76,000. Institutional investors and hedge funds own 35.72% of the company’s stock.
About Gilat Satellite Networks
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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