VSAT (Viasat, Inc.) dropped -0.48 at the last close: Is This Today’s Most Popular Stock?

A new trading day began on Tuesday, with Viasat, Inc. (NASDAQ: VSAT) stock price down -0.48% from the previous day of trading, before settling in for the closing price of $10.33. VSAT’s price has ranged from $9.98 to $29.11 over the past 52 weeks.

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During the last 5-year period, the sales growth of Technology Sector giant was 17.97%. Meanwhile, its annual earnings per share averaged -91.38%. With a float of $106.38 million, this company’s outstanding shares have now reached $125.85 million.

Let’s determine the extent of company efficiency that accounts for 7500 employees. In terms of profitability, gross margin is 31.75%, operating margin of -17.03%, and the pretax margin is -24.6%.

Viasat, Inc. (VSAT) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Communication Equipment Industry. The insider ownership of Viasat, Inc. is 16.75%, while institutional ownership is 78.43%. The most recent insider transaction that took place on Sep 12 ’24, was worth 820,000. In this transaction Director of this company bought 55,000 shares at a rate of $14.91, taking the stock ownership to the 55,000 shares. Before that another transaction happened on Aug 12 ’24, when Company’s sold 2,811,442 for $19.90, making the entire transaction worth $55,947,696. This insider now owns 8,545,334 shares in total.

Viasat, Inc. (VSAT) Recent Fiscal highlights

In its latest quarterly report, released on 6/30/2024, the company reported earnings of -6.16 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.37 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -91.38% per share during the next fiscal year.

Viasat, Inc. (NASDAQ: VSAT) Trading Performance Indicators

Here are Viasat, Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.28.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -8.13, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach 0.27 in one year’s time.

Technical Analysis of Viasat, Inc. (VSAT)

Looking closely at Viasat, Inc. (NASDAQ: VSAT), its last 5-days average volume was 1.52 million, which is a drop from its year-to-date volume of 1.73 million. As of the previous 9 days, the stock’s Stochastic %D was 16.85%. Additionally, its Average True Range was 0.60.

During the past 100 days, Viasat, Inc.’s (VSAT) raw stochastic average was set at 1.79%, which indicates a significant decrease from 16.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.22% in the past 14 days, which was lower than the 95.53% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.12, while its 200-day Moving Average is $16.56. However, in the short run, Viasat, Inc.’s stock first resistance to watch stands at $10.59. Second resistance stands at $10.89. The third major resistance level sits at $11.14. If the price goes on to break the first support level at $10.04, it is likely to go to the next support level at $9.79. Now, if the price goes above the second support level, the third support stands at $9.49.

Viasat, Inc. (NASDAQ: VSAT) Key Stats

With a market capitalization of 1.31 billion, the company has a total of 127,779K Shares Outstanding. Currently, annual sales are 4,284 M while annual income is -1,069 M. The company’s previous quarter sales were 1,126 M while its latest quarter income was -32,910 K.