Alert: Major Price Decline (9/13/24)-ViaSat Inc. (NASDAQ: VSAT).

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On 9/13/24, ViaSat Inc. (NASDAQ: VSAT) stock suffered a major decline of -14.8%, closing at $12.79. Moreover, exceptionally high trading volume at 353% of normal accompanied the decline. Relative to the market the stock has been extremely weak over the last nine months and has declined -26.2% 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 C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. ViaSat has a very high Appreciation Score of 92 but a poor Power Rating of 16, and the Neutral Value Trend Rating results.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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