Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Gilat Satellite Networks Ltd (NASDAQ: GILT) improved recently. GILT’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
Gilat Satellite Networks Ltd (NASDAQ: GILT) stock closed at $5.87 on 3/1/24 after a modest gain of 0.7%. However, trading volume in this advance was normal at 83% of normal. The stock has declined -7.1% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
GILT is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Gilat Satellite Networks has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Gilat Satellite Networks has a neutral Power Rating of 46 and a neutral Appreciation Score of 43, leading to the Low Neutral Value Trend Rating.
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