Alert: Major Price Advance (9/5/24)-ViaSat Inc. (NASDAQ: VSAT).

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On 9/5/24, ViaSat Inc. (NASDAQ: VSAT) stock enjoyed a major increase of 14.3%, closing at $17.33. However, this advance was accompanied by normal trading volume at 83% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 4.3% during the last week.

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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 90 but a slightly negative Power Rating of 35, producing the Positive Value Trend Rating.

Rating Review

In light of this very positive 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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