Alert: New Earnings Report (8/7/24)-ViaSat Inc. (NASDAQ: VSAT).

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ViaSat Inc. (NASDAQ: VSAT) has reported a loss for its first fiscal quarter (ending June 30) of $-0.26 versus a loss $-0.83 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $-8.12 versus $-3.17 for the same period a year ago.

Recent Price Action

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ViaSat Inc. (NASDAQ: VSAT) stock increased 1.3% on 8/7/24. The shares closed at $17.77. However, this advance was accompanied by unusually low trading volume at 65% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -10.1% 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 86 but a slightly negative Power Rating of 33, with the High Neutral Value Trend Rating the result.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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