Alert: Rating Downgrade (9/27/24)-Gilat Satellite Networks Ltd (NASDAQ: GILT).

Stock Rating Downgrade

Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Gilat Satellite Networks Ltd (NASDAQ: GILT) weakened of late. 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 closed at $5.12 on 9/27/24 after a modest decline of -1.8%. Trading volume in this decline was normal. Relative to the market the stock has been weak over the last nine months but has risen 7.7% 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 inconsistent signals. Gilat Satellite Networks has a neutral Appreciation Score of 59 but a poor Power Rating of 26, with the Negative Value Trend Rating the result.