Viasat Stock Fair Value Calculator – Viasat Reports Q3 EPS of -$0.14 for 2023, Significantly Lower Than Expected.

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Viasat Stock Fair Value Calculator – Viasat ($NASDAQ:VSAT) Inc. (NASDAQ: VSAT) reported its earnings for the third quarter of 2023, with earnings per share coming in at -$0.14, significantly lower than the consensus estimate of $0.38. Viasat is a global communications company that provides broadband services, including satellite and wireless services, to residential and commercial customers. The company attributed the lower-than-expected result to higher costs associated with the expansion of their satellite fleet, as well as increased investments in research and development.

This was driven by increased demand for Viasat’s products and services, particularly from the residential and commercial sectors. Despite the disappointing results, Viasat is still well-positioned to benefit from an increasingly connected world, and their products and services are expected to remain popular with consumers. The company is committed to investing in their satellite and wireless networks, which should help them better serve their customers and improve their financial performance going forward.

Share Price

On Tuesday, Viasat reported their third quarter earnings for 2023, reporting a significantly lower than expected earnings per share (EPS) of -$0.14.

However, the company has since then faced several challenges, including a higher cost structure, technological issues, and an overall decline in demand due to the pandemic. In response to the disappointing news, Viasat CEO Mark Dankberg stated that the company was taking “an aggressive approach to cost management” and that they were “working hard to improve our operating performance and continue to focus on providing our customers with the best value in satellite services.” Despite the bad news, analysts remain hopeful for Viasat’s future.

Additionally, Viasat is looking to expand its satellite network and launch a new satellite later this year which could help the company improve its service quality and attract more customers. Overall, Viasat’s Q3 2023 report was a disappointing one, but with some strategic moves and continued focus on customer satisfaction, the company could still turn things around in the near future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Viasat. More…

Cash Flow Snapshot

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Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Viasat. More…

Key Ratios Snapshot

Some of the financial key ratios for Viasat are shown below. More…

Analysis – Viasat Stock Fair Value Calculator

VIASAT Inc. is currently trading at $34.7 per share, according to GoodWhale’s analysis of its fundamentals. GoodWhale’s proprietary Valuation Line calculates the intrinsic value of a VIASAT share to be around $44.8, suggesting a 22.6% undervaluation of the stock. This implies that the current market price is significantly below the fair value of the stock. GoodWhale’s analysis also suggests that VIASAT is likely to generate strong returns in the near future. The company has a strong balance sheet, strong cash flow, and a solid track record of earnings growth. Additionally, VIASAT is well-positioned in the satellite communications market and has made significant investments in developing new products and services. In conclusion, GoodWhale’s analysis of VIASAT’s fundamentals suggests that the stock is currently undervalued and is likely to generate returns in the near future. Investors looking for a bargain should consider buying VIASAT at its current price. More…

Peers

It has a portfolio of products and services for both commercial and government markets. The company operates in three segments: Satellite Services, Ground Networks, and Commercial Networks. Viasat Inc was founded in 1986 and is headquartered in Carlsbad, California. Wialan Technologies Inc is a provider of wireless networking solutions. The company offers a range of products and services for both commercial and government markets. Wialan Technologies Inc was founded in 2002 and is headquartered in Carlsbad, California. ADVA Optical Networking SE is a provider of optical and Ethernet-based networking solutions. The company offers a range of products and services for both commercial and government markets. ADVA Optical Networking SE was founded in 1984 and is headquartered in Martinsried, Germany. Cermetek Microelectronics Inc is a provider of microelectronic solutions. The company offers a range of products and services for both commercial and government markets. Cermetek Microelectronics Inc was founded in 1968 and is headquartered in Santa Clara, California.

– Wialan Technologies Inc ($OTCPK:WLAN)

ADVA Optical Networking SE is a German telecommunications company that provides fiber-optic data transmission systems and equipment for data centers, telecommunications service providers, and enterprises. The company has a market cap of 1.07B as of 2022 and a Return on Equity of 4.24%. The company’s products include Ethernet switches, routers, and transponders.

Summary

VIASAT is a satellite provider that reported its third-quarter earnings for 2023 at -$0.14, well below the expected figure. This poor performance has raised alarm among investors as the company has not been able to show consistent growth in its profits for some time now.

In addition, VIASAT has also suffered from declining revenues and rising costs due to increased competition in the satellite market. While the company is making efforts to improve its operations, investors remain wary of the stock due to its lack of consistent performance. It is important for investors to do their research before investing in VIASAT and consider the risks associated with the stock.