Gilat Satellite Networks (GILT) to Release Earnings on Wednesday

Gilat Satellite Networks (NASDAQ:GILT) is projected to release its Q1 2025 earnings data before the market opens on Wednesday, May 14th. Analysts expect Gilat Satellite Networks to post earnings of $0.07 per share and revenue of $100.67 million for the quarter. Gilat Satellite Networks has set its FY 2025 guidance at EPS.

Gilat Satellite Networks (NASDAQ:GILT) last released its quarterly earnings results on Wednesday, February 12th. The communications equipment provider reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.01. Gilat Satellite Networks had a return on equity of 9.74% and a net margin of 8.14%. On average, analysts expect Gilat Satellite Networks to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Gilat Satellite Networks Stock Performance

GILT opened at $6.52 on Monday. The stock has a market cap of $371.75 million, a P/E ratio of 14.82 and a beta of 0.37. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.52 and a quick ratio of 2.14. The stock’s 50 day simple moving average is $6.42 and its 200 day simple moving average is $6.32. Gilat Satellite Networks has a 1-year low of $4.04 and a 1-year high of $8.05.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Needham & Company LLC reiterated a “buy” rating and set a $8.50 target price on shares of Gilat Satellite Networks in a report on Wednesday, February 26th. StockNews.com downgraded Gilat Satellite Networks from a “strong-buy” rating to a “buy” rating in a research report on Friday, March 7th.

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.