Media coverage about Gilat Satellite Networks (NASDAQ:GILT) has been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Gilat Satellite Networks earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave news headlines about the communications equipment provider an impact score of 45.2099711875436 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s rankings:
- Gilat Satellite Networks Ltd. (GILT) Set to Announce Earnings on Tuesday (americanbankingnews.com)
- Gilat Satellite Networks Ltd. – (NASDAQ:GILT) Closed 9.3% Above Its 50 Day Average (highlightpress.com)
- Gilat Satellite Networks - Providing Comms Solutions to Telebras for Brazilian Entitites (satnews.com)
- Gilat Satellite Networks (GILT) Secures Orders from Brazil for Over $11M (streetinsider.com)
- Telebras, Brazil Awards Gilat Contract of Over USD 11 Million (finance.yahoo.com)
GILT has been the topic of several recent research reports. BidaskClub raised shares of Gilat Satellite Networks from a “hold” rating to a “buy” rating in a research note on Wednesday, July 12th. TheStreet cut shares of Gilat Satellite Networks from a “c-” rating to a “d” rating in a research note on Monday, June 26th.
Shares of Gilat Satellite Networks (GILT) traded down 0.36% during midday trading on Wednesday, reaching $5.46. 1,957 shares of the company’s stock traded hands. The stock’s 50 day moving average is $5.08 and its 200-day moving average is $5.19. Gilat Satellite Networks has a 52 week low of $4.12 and a 52 week high of $6.19. The company’s market capitalization is $298.24 million.
Gilat Satellite Networks (NASDAQ:GILT) last announced its quarterly earnings results on Tuesday, May 16th. The communications equipment provider reported $0.03 earnings per share for the quarter. Gilat Satellite Networks had a positive return on equity of 3.44% and a negative net margin of 0.72%. The business had revenue of $63.93 million during the quarter. On average, analysts forecast that Gilat Satellite Networks will post ($0.17) earnings per share for the current fiscal year.
About Gilat Satellite Networks
Gilat Satellite Networks Ltd. is a provider of satellite-based broadband communications. The Company operates through three segments: Commercial, Mobility and Services divisions. The Company designs and manufactures satellite ground segment and networking communications equipment, which it sells to its customers either as network components (modems, Block Up converters (BUCs), antennas) or as complete network solutions (which include hubs and related terminals and services) or turnkey projects.
Receive News & Ratings for Gilat Satellite Networks Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gilat Satellite Networks Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.
