For its fourth fiscal quarter (ending March 31), ViaSat Inc. (NASDAQ: VSAT) has reported E.P.S. of $-0.71 compared to $-0.80 a year ago. E.P.S. were $-9.03 for the latest four quarters through March 31 versus $-2.87 for the same period a year ago.
Recent Price Action
ViaSat Inc. (NASDAQ: VSAT) stock declined by -2.8% on 5/21/24. The shares closed at $18.84. Moreover, this decline was accompanied by unusually high trading volume at 166% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 8.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, VSAT is expected to be a modest Value Builder.
ViaSat has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. ViaSat has a very high Appreciation Score of 98 but a poor Power Rating of 28, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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