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PFE   25.90 (-0.04%)
PYPL   63.38 (-0.20%)
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NVDA   871.85 (+1.38%)
AMD   163.14 (+1.76%)
NIO   3.76 (-3.34%)
BABA   69.77 (-1.20%)
T   16.03 (-1.29%)
F   12.07 (-1.31%)
MU   119.65 (-1.42%)
GE   154.12 (+0.27%)
CGC   6.64 (-4.87%)
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NYSEMKT:GSAT

Globalstar (GSAT) Stock Price, News & Analysis

$1.30
-0.03 (-2.26%)
(As of 04/15/2024 ET)
Today's Range
$1.30
$1.34
50-Day Range
$1.27
$1.74
52-Week Range
N/A
Volume
4.31 million shs
Average Volume
3.03 million shs
Market Capitalization
$2.45 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.38
GSAT stock logo

About Globalstar Stock (NYSEMKT:GSAT)

Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications. It also provides one-way or two-way communications and data transmissions using mobile devices, including the SPOT family of products, such as SPOT X, SPOT Gen4, and SPOT Trace that transmit messages and the location of the device; commercial Internet of Things transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets; small satellite transmitter modules comprising the STX-3, ST-150 and ST100, and chips that enable an integrator's products to access its network; engineering and other communication services using MSS and terrestrial spectrum licenses; undertakes installation of gateways and antennas; and hardware and software products design and development services. The company distributes its products through retailers and sales force, as well as www.findmespot.com e-commerce website. Globalstar, Inc. serves recreation and personal, government, public safety and disaster relief, oil and gas, animal tracking, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, leisure, emergency services, agriculture, and forestry markets. The company was founded in 1993 and is headquartered in Covington, Louisiana.

GSAT Stock Price History

GSAT Stock News Headlines

Globalstar CFO sells shares worth over $100k
REVEALED: Elon Musk’s Secret A.I. Facility?
I recently shot this video outside what could be Elon Musk’s biggest secret. What’s happening inside these walls is so important that our government has declared it a matter of national security.
IRDM Nov 2024 22.500 call
IRDM Jul 2024 35.000 call
REVEALED: Elon Musk’s Secret A.I. Facility?
I recently shot this video outside what could be Elon Musk’s biggest secret. What’s happening inside these walls is so important that our government has declared it a matter of national security.
GSAT Oct 2024 1.500 call
15 Biggest Telecom Companies in the US
GSAT Jul 2024 3.500 call
GSAT Apr 2024 3.500 call
GSAT Jul 2024 2.000 call
GSAT Mar 2024 0.500 call
Globalstar: Q4 Earnings Snapshot
GSAT Oct 2024 1.000 call
GSAT Mar 2024 2.000 put
GSAT Mar 2024 1.500 call
Globalstar Stock (AMEX:GSAT), Short Interest Report
GSAT Feb 2024 1.500 put
See More Headlines
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Company Calendar

Last Earnings
11/04/2021
Today
4/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Telecom Services
Sub-Industry
N/A
Current Symbol
NYSEMKT:GSAT
Fax
N/A
Employees
348
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.38
High Stock Price Target
$7.79
Low Stock Price Target
$0.97
Potential Upside/Downside
+236.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-256,920,000.00
Net Margins
-112.72%
Pretax Margin
-110.68%

Debt

Sales & Book Value

Annual Sales
$223.81 million
Book Value
$0.17 per share

Miscellaneous

Outstanding Shares
1,883,924,000
Free Float
684,000,000
Market Cap
$2.45 billion
Optionable
Not Optionable
Beta
0.84
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Key Executives

  • Mr. James Monroe III (Age 69)
    Executive Chairman
    Comp: $50k
  • Ms. Rebecca S. Clary (Age 45)
    VP & CFO
    Comp: $345.66k
  • Mr. L. Barbee Ponder IV (Age 57)
    General Counsel & VP of Regulatory Affairs
    Comp: $353.61k
  • Mr. Timothy Evan Taylor (Age 40)
    VP of Finance, Business Operations & Strategy and Director
    Comp: $50k
  • Dr. Paul E. Jacobs Ph.D. (Age 62)
    CEO & Director
  • Mr. Wen Doong
    Senior Vice President of Engineering & Operations
  • Mr. Matthew S. Grob (Age 58)
    Chief Technology Officer
  • Mr. Peter Black
    Chief Scientist
  • Mr. Kyle Pickens CFA
    Vice President of Strategy & Communications
  • Mr. Jake Rembert
    Vice President of Sales - United States, Africa and Central & South America

GSAT Stock Analysis - Frequently Asked Questions

Should I buy or sell Globalstar stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globalstar in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GSAT shares.
View GSAT analyst ratings
or view top-rated stocks.

What is Globalstar's stock price target for 2024?

2 analysts have issued 1 year price targets for Globalstar's stock. Their GSAT share price targets range from $0.97 to $7.79. On average, they anticipate the company's share price to reach $4.38 in the next year. This suggests a possible upside of 236.9% from the stock's current price.
View analysts price targets for GSAT
or view top-rated stocks among Wall Street analysts.

How have GSAT shares performed in 2024?

Globalstar's stock was trading at $1.94 at the start of the year. Since then, GSAT stock has decreased by 33.0% and is now trading at $1.30.
View the best growth stocks for 2024 here
.

How were Globalstar's earnings last quarter?

Globalstar, Inc. (NYSEMKT:GSAT) announced its quarterly earnings data on Thursday, November, 4th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of ($0.01) by $0.01. The business earned $32.61 million during the quarter, compared to analysts' expectations of $28.39 million. Globalstar had a negative trailing twelve-month return on equity of 76.89% and a negative net margin of 112.72%.

How do I buy shares of Globalstar?

Shares of GSAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEMKT:GSAT) was last updated on 4/16/2024 by MarketBeat.com Staff

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