Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Gilat Satellite Networks Ltd (NASDAQ: GILT) weakened during the last several trading days. GILT’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Gilat Satellite Networks Ltd (NASDAQ: GILT) stock declined by -4.4% on 8/1/24. The shares closed at $4.35. However, below average trading volume at 74% of normal accompanied the decline. The stock has been extremely weak relative to the market over the last nine months and has declined -6.2% during the last week.
Current PriceTarget Research Rating
GILT is expected to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Gilat Satellite Networks has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Gilat Satellite Networks has a slightly positive Appreciation Score of 63 but a poor Power Rating of 20, with the Negative Value Trend Rating the result.
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