What is William Blair’s Forecast for GILT FY2025 Earnings?

Gilat Satellite Networks Ltd. (NASDAQ:GILT) – Research analysts at William Blair lifted their FY2025 earnings estimates for Gilat Satellite Networks in a research report issued on Wednesday, November 13th. William Blair analyst L. Dipalma now forecasts that the communications equipment provider will post earnings of $0.47 per share for the year, up from their prior forecast 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.

Separately, Needham & Company LLC reissued a “buy” rating and set a $8.50 price target on shares of Gilat Satellite Networks in a research report on Friday.

Gilat Satellite Networks Stock Down 2.1 %

Gilat Satellite Networks stock opened at $4.88 on Friday. The business’s 50-day simple moving average is $4.99 and its two-hundred day simple moving average is $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 $277.97 million, a PE ratio of 16.81 and a beta of 0.59. Gilat Satellite Networks has a fifty-two week low of $4.04 and a fifty-two week high of $6.80.

Institutional Trading of Gilat Satellite Networks

Hedge funds and other institutional investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets purchased a new stake in Gilat Satellite Networks in the 3rd quarter worth approximately $27,000. Wedbush Securities Inc. purchased a new stake in shares of Gilat Satellite Networks during the 2nd quarter worth about $46,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Gilat Satellite Networks in the second quarter valued at approximately $69,000. Clearline Capital LP purchased a new stake in shares of Gilat Satellite Networks in the second quarter valued at approximately $73,000. Finally, GSA Capital Partners LLP acquired a new position in shares of Gilat Satellite Networks during the 3rd quarter worth approximately $140,000. 35.72% of the stock is owned by institutional investors and hedge funds.

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.