A report released earlier today by Zacks Investment Research about ViaSat, Inc. (NASDAQ:VSAT) raises the target price to $84.00
- Updated: October 3, 2016
Yesterday ViaSat, Inc. (NASDAQ:VSAT) traded -1.14% lower at $73.92. The company’s 50-day moving average is $74.51 and its 200-day moving average is $73.43. The last stock close price is up 0.50% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 235,512 shares of the stock were exchanged, up from an average trading volume of 193,889
ViaSat, Inc. (NASDAQ:VSAT) had its target bumped up to $84.00 by Zacks Investment Research in a report issued 10/3/2016. The new target price indicates a possible upside of 0.14% from the company's last stock close price.
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ViaSat, Inc. has a 52 week low of $56.02 and a 52 week high of $79.15 with a P/E ratio of 172.43 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 5 firms have reported on the stock. The consensus target price is $68.50 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About ViaSat, Inc. (NASDAQ:VSAT)
ViaSat, Inc. is engaged in broadband technologies and services. The Company operates through three segments: satellite services, commercial networks and government systems. The satellite services segment provides satellite-based broadband services to consumers, enterprises, commercial airlines and mobile broadband customers primarily in the United States. The commercial networks segment develops and produces a range of end-to-end satellite and wireless communication systems, ground networking equipment and space-to-earth connectivity systems. The government systems segment develops and produces network-centric Internet Protocol (IP)-based fixed and mobile secure government communications systems, products, services and solutions, which are designed to enable the collection and dissemination of real-time digital information between command centers, communications nodes and air defense systems.
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