GILT Stock Summary and Trading Ideas (Gilat Satellite Networks Ltd. - | NASDAQ:GILT)

Gilat Satellite Networks Ltd is a provider of satellite-based broadband communications. The company designs and manufactures ground-based satellite communications equipment and provides comprehensive solutions and end-to-end services. Its portfolio includes a cloud-based satellite network platform, very small aperture terminals (VSATs), amplifiers, high-speed modems, on-the-move antennas and high-power solid-state power amplifiers (SSPAs), block-up converters (BUCs) and Transceivers. The company's solutions support multiple applications with a full portfolio of products to address key applications including broadband access, cellular backhaul, enterprise, in-flight connectivity, maritime, trains, defense, and public safety.

Gilat Satellite Networks Ltd. - trades on the NASDAQ stock market under the symbol GILT.

As of February 28, 2025, GILT stock price declined to $7.11 with 401,139 million shares trading.

GILT has a market cap of $405.39 million. This is considered a Small Cap stock.

Last quarter Gilat Satellite Networks Ltd. - reported $78 million in Revenue and $.15 earnings per share. This fell short of revenue expectation by $-5 million and exceeded earnings estimates by $.03.

In the last 3 years, GILT traded as high as $9.11 and as low as $4.04.

The top ETF exchange traded funds that GILT belongs to (by Net Assets): IZRL, FDLS, ITEQ, GWX.

GILT has outperformed the market in the last year with a price return of +22.2% while the SPY ETF gained +18.8%. GILT has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +31.4% and +4.9%, respectively, while the SPY returned -0.4% and -2.5%, respectively.

GILT support price is $6.90 and resistance is $7.36 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GILT shares will trade within this expected range on the day.