VSAT Stock Summary and Trading Ideas (Viasat | NASDAQ:VSAT)

Viasat Inc provides bandwidth technologies and services in three segments: satellite services: which provides satellite-based high-speed broadband services to consumers, enterprises, and commercial airlines; commercial networks: which develops end-to-end communication and connectivity systems; and government systems: which produces network-centric Internet Protocol-based secure government communication systems. A large majority of the firm's revenue is generated in the United States, it also has its presence in non U.S. countries.

Viasat trades on the NASDAQ stock market under the symbol VSAT.

As of December 13, 2024, VSAT stock price climbed to $9.34 with 1,908,287 million shares trading.

VSAT has a beta of -0.82, meaning it tends to be less sensitive to market movements. VSAT has a correlation of 0.02 to the broad based SPY ETF.

VSAT has a market cap of $1.19 billion. This is considered a Small Cap stock.

Last quarter Viasat reported $1 billion in Revenue and -$.23 earnings per share. This beat revenue expectation by $12 million and exceeded earnings estimates by $.31.

In the last 3 years, VSAT traded as high as $52.72 and as low as $6.69.

The top ETF exchange traded funds that VSAT belongs to (by Net Assets): IJR, VTI, IWM, VB, VBR.

VSAT has underperformed the market in the last year with a price return of -60.7% while the SPY ETF gained +31.7%. VSAT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -37.8% and -2.8%, respectively, while the SPY returned +8.4% and +0.9%, respectively.

VSAT support price is $8.61 and resistance is $9.71 (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 VSAT shares will trade within this expected range on the day.