Gilat Satellite Networks (GILT) Scheduled to Post Earnings on Wednesday

Gilat Satellite Networks (NASDAQ:GILT) will be posting its quarterly earnings results before the market opens on Wednesday, November 13th. Analysts expect Gilat Satellite Networks to post earnings of $0.08 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Gilat Satellite Networks (NASDAQ:GILT) last released its quarterly earnings data on Wednesday, August 7th. The communications equipment provider reported $0.10 earnings per share (EPS) for the quarter. The firm had revenue of $76.63 million for the quarter. Gilat Satellite Networks had a net margin of 6.80% and a return on equity of 8.23%. On average, analysts expect Gilat Satellite Networks to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Gilat Satellite Networks Trading Up 1.0 %

Gilat Satellite Networks stock opened at $5.31 on Wednesday. The stock has a market cap of $302.78 million, a P/E ratio of 15.17 and a beta of 0.59. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.14 and a quick ratio of 1.81. Gilat Satellite Networks has a 1 year low of $4.04 and a 1 year high of $6.80. The firm’s 50 day moving average price is $4.88 and its 200-day moving average price is $4.89.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on GILT shares. Needham & Company LLC reiterated a “buy” rating and set a $8.50 price objective on shares of Gilat Satellite Networks in a research report on Thursday, August 8th. William Blair started coverage on shares of Gilat Satellite Networks in a research report on Thursday, September 26th. They set an “outperform” rating on the stock.

About Gilat Satellite Networks

Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions in Israel, the United States, Peru, and internationally. It operates in three segments: Satellite Networks, Integrated Solutions, and Network Infrastructure and Services. Its portfolio consists of cloud-based satellite network platform, very small aperture terminals, amplifiers, modems, on-the-move antennas, solid state power amplifiers, block upconverters, transceivers, and defense ground systems and field services.