ViaSat Inc. (NASDAQ: VSAT) stock suffered a major decline of -16.5% on 5/22/24. The shares closed at $15.74. Moreover, this decline was accompanied by exceptionally high trading volume at 421% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -11.8% 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. 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 highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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