Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for ViaSat Inc. (NASDAQ: VSAT) weakened recently. VSAT’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 8/1/24, ViaSat Inc. (NASDAQ: VSAT) stock suffered a large decline of -7.1%, closing at $18.78. However, trading volume in this decline was unusually low at 62% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 12.1% 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 C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. ViaSat has a very high Appreciation Score of 85 but a slightly negative Power Rating of 34, triggering the High Neutral Value Trend Rating.
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