ViaSat Inc. (NASDAQ: VSAT) stock enjoyed a major increase of 37.8% on 8/8/24. The shares closed at $24.49. Moreover, this advance was accompanied by exceptionally high trading volume at 374% of normal. The stock has risen 21.1% during the last week but has been extremely weak relative to the market over the last nine months.
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, triggering the High Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment