Gilat Satellite Networks (GILT) to Release Quarterly Earnings on Wednesday

Gilat Satellite Networks (NASDAQ:GILT) is anticipated to issue its quarterly earnings data before the market opens on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.14 per share and revenue of $82.67 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Gilat Satellite Networks Trading Up 0.1 %

NASDAQ:GILT opened at $7.42 on Tuesday. The company has a market cap of $423.09 million, a P/E ratio of 25.59 and a beta of 0.60. Gilat Satellite Networks has a 1 year low of $4.04 and a 1 year high of $7.76. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.17 and a quick ratio of 1.84. The stock’s fifty day moving average price is $6.44 and its two-hundred day moving average price is $5.43.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. StockNews.com upgraded shares of Gilat Satellite Networks from a “buy” rating to a “strong-buy” rating in a research report on Friday, November 15th. Needham & Company LLC reiterated a “buy” rating and set a $8.50 target price on shares of Gilat Satellite Networks in a research report on Thursday, January 16th.

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.