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ViaSat Stock: Time to Cut Losses?

Matt MonacoAvatar
Written by Matt Monaco

ViaSat Inc.’s stock is trading down by -18.89% on Tuesday, primarily impacted by increased concerns over project delays and transmission challenges that have created uncertainty in its satellite network’s timeline and financial projections.

Key Updates Impacting ViaSat

  • Morgan Stanley revised its price target for ViaSat, dropping it from $26 to $12. The firm maintains an Equal Weight rating, noting competitive concerns impacting ViaSat’s major markets despite a significant government deal.
  • Facing pressure from players like Starlink, ViaSat’s near-term upside appears constrained, resulting in a reduced price target. This reflects concerns about ongoing competitive dynamics affecting the company’s performance even after securing a government award.

Candlestick Chart

Live Update At 09:18:30 EST: On Tuesday, February 11, 2025 ViaSat Inc. stock [NASDAQ: VSAT] is trending down by -18.89%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

Financial Snapshot: Earnings and Key Metrics

ViaSat has been navigating through financial challenges. Its total revenue in the recent earnings stood at over $4.28B, but the profit margins reveal a different picture. As millionaire penny stock trader and teacher Tim Sykes, says, “It’s not about how much money you make; it’s about how much money you keep.” This highlights the importance of cost control and efficiency for sustainable success in trading. The ebit margin is at 0.4%, with a negative net profit margin of -8.31%, pointing towards challenges in cost management or revenue generation. An evaluation of their cash flows shows a significant cash outflow in trading activities, recorded at approximately -$192.55M. A weakness in profitability metrics indicates operational struggles amidst a fiercely competitive environment.

From a valuation standpoint, ViaSat’s enterprise value hovers around $8.45B, with a pricetosales ratio of 0.32 which suggests that the market values ViaSat at roughly one third of its annual sales. This could indicate either a lack of confidence from investors or a potentially undervalued status if the company can turn around its fortunes.

Recent Stock Performance and Chart Data

The stock’s recent performance illustrates volatility. Starting the month on Feb 4 at a high of $12.31, it gradually descended toward a close of $11.17 by Feb 10. Over these days, ViaSat’s value saw significant fluctuations, with the stock price hitting its lowest at $9.24 around Feb 4. Intraday trades depicted further volatility—such as moments in the morning when stock prices briefly saw uplift, only to retract by the afternoon. Market participants should be mindful of such erratic patterns which can pose risks but also present tactical opportunities for seasoned players.

More Breaking News

The movement correlates with sustained market anxiety surrounding ViaSat’s competitive stance and financial health. As observed, the interplay between news impacts and real-time stock performance could guide potential buy or sell decisions, although not without its risks.

The Financial Terrain and Market Impact

Revenue Generation and Profitability Pressures

Despite generating healthy revenues, ViaSat struggles with profitability. The company’s ability to convert revenue into profit appears compromised, reflected by a negative net income and poor return on equity and assets. They have invested rigorously in growth, which has burdened the cash flows and strained financial flexibility. The weight of these systemic issues might be compounded by competition from heavily funded space and satellite giants like Starlink.

Valuation and Financial Viability

A closer look at ViaSat’s valuation ratios provides insights into market sentiment and future prospects. Its book value per share stands at $38.44, which when juxtaposed with the current stock price, may suggest potential undervaluation, albeit with caution given the lukewarm profitability outlook.

The company’s debt burden is notable, with total liabilities nearing $10.75B and a total debt to equity ratio of 1.57. Investors might read this as a need for cautious optimism, particularly if long-term growth strategies don’t yield tangible returns. As such, examining financial reports and performative metrics in accord with industry trends remains pivotal.

Conclusion

To summarize, ViaSat Inc. is presently navigating turbulent financial waters. Reductions in Morgan Stanley’s price target underscore credible concerns regarding competitive pressures and fiscal performance. While the recent government contracts inject optimism, navigating these multifaceted challenges calls for strategic overhauls. Traders should weigh the possibilities of either recovery in the medium term or continued pressure from emerging competitive forces. As millionaire penny stock trader and teacher Tim Sykes says, “The goal is not to win every trade but to protect your capital and keep moving forward.” Using these insights, financial stakeholders can make informed decisions on whether to reposition their trading strategies or explore alternate avenues in the ever-evolving satellite industry landscape.

This is stock news, not investment advice. Timothy Sykes News delivers real-time stock market news focused on key catalysts driving short-term price movements. Our content is tailored for active traders and investors seeking to capitalize on rapid price fluctuations, particularly in volatile sectors like penny stocks. Readers come to us for detailed coverage on earnings reports, mergers, FDA approvals, new contracts, and unusual trading volumes that can trigger significant short-term price action. Some users utilize our news to explain sudden stock movements, while others rely on it for diligent research into potential investment opportunities.

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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

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Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”