Gilat Satellite Networks (GILT)

• Market cap: $358M
• 1 day: 0.00%
• 5 days: -0.32%
• 1 month: 2.28%
• 3 months: 26.61%
• 6 months: 40.49%
• Year to date: 2.11%
• 1 year: 5.02%
• 5 years: -26.03%
• 10 years: 34.19%

About: 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.

Employees: 1,183

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

60% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 15

15% more capital invested

Capital invested by funds: $81.3M [Q2] → $93.6M (+$12.3M) [Q3]

0% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 15

0.72% less ownership

Funds ownership: 31.91% [Q2] → 31.19% (-0.72%) [Q3]

3% less funds holding

Funds holding: 76 [Q2] → 74 (-2) [Q3]

99% less call options, than puts

Call options by funds: $3K | Put options by funds: $550K

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $8.50 35% upside
• Avg. target: $8.50 35% upside
• High target: $8.50 35% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Needham Ryan Koontz 76% 1-year accuracy 69 / 91 met price target

35% upside $8.50

Buy Reiterated

15 Nov 2024