Globalstar Company Profile (NASDAQ:GSAT)

About Globalstar (NASDAQ:GSAT)

Globalstar logoGlobalstar, Inc. (Globalstar) provides mobile satellite services (MSS), including voice and data communications services globally through satellite. The Company provides wireless communications services in areas not served or underserved by terrestrial wireless and wireline networks and in circumstances where terrestrial networks are not operational due to natural or man-made disasters. It offers voice and data communication services over its network of in-orbit satellites and its active ground stations (gateways), which it refers to collectively as the Globalstar System. The Company's services are available only with equipment designed to work on its network two-way voice communication and data transmissions (Duplex) using mobile or fixed devices, and one-way data transmissions (Simplex) using a mobile or fixed device that transmits its location and other information to a central monitoring station, including certain SPOT and Simplex products.

Industry, Sector and Symbol:
  • Sector: Telecommunications Services
  • Industry: Satellite Service Operators
  • Sub-Industry: N/A
  • Symbol: NASDAQ:GSAT
  • CUSIP: N/A
  • Web: https://www.globalstar.com/
Capitalization:
  • Market Cap: $2.05 billion
  • Outstanding Shares: 1,159,406,000
Average Prices:
  • 50 Day Moving Avg: $1.90
  • 200 Day Moving Avg: $1.92
  • 52 Week Range: $0.73 - $2.59
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -25.29
  • P/E Growth: -0.85
Sales & Book Value:
  • Annual Revenue: $102.71 million
  • Price / Sales: 19.98
  • Book Value: $0.08 per share
  • Price / Book: 22.13
Profitability:
  • EBIDTA: $20.05 million
  • Net Margins: -351.08%
  • Return on Equity: -320.82%
  • Return on Assets: -35.30%
Misc:
  • Average Volume: 2.96 million shs.
  • Short Ratio: 21.99
 

Frequently Asked Questions for Globalstar (NASDAQ:GSAT)

What is Globalstar's stock symbol?

Globalstar trades on the NASDAQ under the ticker symbol "GSAT."

How were Globalstar's earnings last quarter?

Globalstar, Inc. (NASDAQ:GSAT) issued its earnings results on Thursday, August, 3rd. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.02) by $0.07. The business had revenue of $28.13 million for the quarter, compared to analysts' expectations of $25.66 million. Globalstar had a negative return on equity of 320.82% and a negative net margin of 351.08%. The company's revenue for the quarter was up 12.1% on a year-over-year basis. During the same period last year, the business earned $0.01 EPS. View Globalstar's Earnings History.

Where is Globalstar's stock going? Where will Globalstar's stock price be in 2017?

2 analysts have issued 12 month price objectives for Globalstar's shares. Their forecasts range from $2.50 to $2.50. On average, they anticipate Globalstar's stock price to reach $2.50 in the next twelve months. View Analyst Ratings for Globalstar.

Who are some of Globalstar's key competitors?

Who are Globalstar's key executives?

Globalstar's management team includes the folowing people:

  • James III Monroe III, Executive Chairman of the Board, Chief Executive Officer
  • Rebecca S. Clary, Chief Financial Officer, Vice President
  • L. Barbee Ponder IV, Vice President - Regulatory Affairs, General Counsel
  • Kyle Pickens, Vice President - Strategy and Communications
  • Richard S. Roberts, Corporate Secretary, Director
  • James F. Lynch, Director
  • William Albert Hasler, Independent Director
  • John M.R. Kneuer, Independent Director
  • J. Patrick Patrick McIntyre Jr., Independent Director
  • Kenneth M. Young, Independent Director

Who owns Globalstar stock?

Globalstar's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (4.04%), Beck Mack & Oliver LLC (1.89%), York Capital Management Global Advisors LLC (0.99%), State Street Corp (0.74%), FMR LLC (0.52%) and Northern Trust Corp (0.47%). View Institutional Ownership Trends for Globalstar.

Who sold Globalstar stock? Who is selling Globalstar stock?

Globalstar's stock was sold by a variety of institutional investors in the last quarter, including York Capital Management Global Advisors LLC, Columbia Pacific Advisors LLC, Matlinpatterson Global Advisers LLC, FMR LLC, First Trust Advisors LP, TIAA CREF Investment Management LLC, ProShare Advisors LLC and Principal Financial Group Inc.. View Insider Buying and Selling for Globalstar.

Who bought Globalstar stock? Who is buying Globalstar stock?

Globalstar's stock was purchased by a variety of institutional investors in the last quarter, including MIG Capital LLC, Cyrus Capital Partners L.P., Vanguard Group Inc., AlphaOne Investment Services LLC, Northern Trust Corp, Schwab Charles Investment Management Inc., Alliancebernstein L.P. and State Street Corp. View Insider Buying and Selling for Globalstar.

How do I buy Globalstar stock?

Shares of Globalstar can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Globalstar's stock price today?

One share of Globalstar stock can currently be purchased for approximately $1.77.


MarketBeat Community Rating for Globalstar (NASDAQ GSAT)
Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  33 (Vote Outperform)
Underperform Votes:  21 (Vote Underperform)
Total Votes:  54
MarketBeat's community ratings are surveys of what our community members think about Globalstar and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Globalstar (NASDAQ:GSAT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $2.50 (41.24% upside)

Analysts' Ratings History for Globalstar (NASDAQ:GSAT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/12/2017Chardan CapitalReiterated RatingBuy$2.50LowView Rating Details
3/28/2017Odeon Capital Group LLCReiterated RatingPositiveLowView Rating Details
(Data available from 9/24/2015 forward)

Earnings

Earnings History for Globalstar (NASDAQ:GSAT)
Earnings by Quarter for Globalstar (NASDAQ:GSAT)
Earnings History by Quarter for Globalstar (NASDAQ GSAT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/3/2017Q2 2017($0.02)($0.09)$25.66 million$28.13 millionViewListenView Earnings Details
5/4/20173/31/2017($0.02)($0.02)$23.77 million$24.65 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Globalstar (NASDAQ:GSAT)
Current Year EPS Consensus Estimate: $-0.14 EPS
Next Year EPS Consensus Estimate: $-0.07 EPS

Dividends

Dividend History for Globalstar (NASDAQ:GSAT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Globalstar (NASDAQ:GSAT)
Insider Trades by Quarter for Globalstar (NASDAQ:GSAT)
Institutional Ownership by Quarter for Globalstar (NASDAQ:GSAT)
Insider Trades by Quarter for Globalstar (NASDAQ:GSAT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/30/2017James Monroe IIICEOBuy17,837,838$1.85$33,000,000.30View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Globalstar (NASDAQ:GSAT)
Latest Headlines for Globalstar (NASDAQ:GSAT)
Source:
DateHeadline
finance.yahoo.com logoWhat You Must Know About Globalstar Inc’s (GSAT) Risks
finance.yahoo.com - September 20 at 4:17 PM
finance.yahoo.com logoUniversity of Mississippi and Globalstar Announce Strategic Partnership
finance.yahoo.com - August 30 at 4:40 PM
finance.yahoo.com logoWhat's Up With Globalstar Inc.?
finance.yahoo.com - August 15 at 12:35 AM
finance.yahoo.com logoGlobalstar, Inc. :GSAT-US: Earnings Analysis: Q2, 2017 By the Numbers : August 8, 2017
finance.yahoo.com - August 8 at 6:54 PM
finance.yahoo.com logoDon't Buy the Hype With Globalstar Inc.
finance.yahoo.com - August 8 at 6:54 PM
americanbankingnews.com logoGlobalstar, Inc. (GSAT) Releases Earnings Results
www.americanbankingnews.com - August 5 at 8:48 PM
finance.yahoo.com logoETFs with exposure to Globalstar, Inc. : July 14, 2017
finance.yahoo.com - July 20 at 8:13 PM
americanbankingnews.com logoGlobalstar, Inc. (GSAT) CEO Acquires $33,000,000.30 in Stock
www.americanbankingnews.com - July 7 at 10:40 PM
americanbankingnews.com logoGlobalstar Sees Unusually Large Options Volume (GSAT)
www.americanbankingnews.com - May 17 at 7:22 AM
finance.yahoo.com logoToday's Research Reports on Stocks to Watch: Globalstar and Endocyte
finance.yahoo.com - May 15 at 11:13 AM
fool.com logoWhy Globalstar, Inc. Stock Popped Today
www.fool.com - May 12 at 3:11 PM
americanbankingnews.com logoGlobalstar, Inc. (GSAT) Announces Earnings Results, Meets Estimates
www.americanbankingnews.com - May 8 at 4:40 PM
finance.yahoo.com logoEdited Transcript of GSAT earnings conference call or presentation 4-May-17 12:30pm GMT
finance.yahoo.com - May 4 at 10:43 PM
finance.yahoo.com logoGlobalstar Announces First Quarter 2017 Results
finance.yahoo.com - May 4 at 12:01 PM
americanbankingnews.com logoGlobalstar (GSAT) Receiving Somewhat Favorable Press Coverage, Report Shows
www.americanbankingnews.com - May 2 at 8:48 AM
americanbankingnews.com logoGlobalstar (GSAT) Given Daily Media Impact Rating of 0.25
www.americanbankingnews.com - April 29 at 10:47 PM
americanbankingnews.com logoGlobalstar (GSAT) Earning Somewhat Positive Press Coverage, Analysis Finds
www.americanbankingnews.com - April 25 at 8:58 PM
americanbankingnews.com logoGlobalstar (GSAT) Given Media Impact Rating of 0.03
www.americanbankingnews.com - April 21 at 8:48 PM
finance.yahoo.com logoSPOT Satellite Devices Reach Major Milestone with 5,000 Rescues Worldwide
finance.yahoo.com - April 19 at 11:43 AM
finance.yahoo.com logoSPOT Satellite Device Reaches Major Milestone With 5000 Rescues Worldwide
finance.yahoo.com - April 19 at 11:43 AM
americanbankingnews.com logoGlobalstar (GSAT) Getting Somewhat Favorable Media Coverage, Report Finds
www.americanbankingnews.com - April 18 at 7:13 PM
americanbankingnews.com logoSomewhat Positive Press Coverage Somewhat Likely to Impact Globalstar (GSAT) Share Price
www.americanbankingnews.com - April 14 at 11:06 PM
americanbankingnews.com logoChardan Capital Reaffirms Buy Rating for Globalstar, Inc. (GSAT)
www.americanbankingnews.com - April 14 at 12:20 PM
americanbankingnews.com logoGlobalstar, Inc. (GSAT) Rating Reiterated by Odeon Capital Group LLC
www.americanbankingnews.com - April 3 at 12:18 PM
americanbankingnews.com logoGlobalstar, Inc. (GSAT) Stock Rating Reaffirmed by Odeon Capital Group LLC
www.americanbankingnews.com - March 28 at 11:50 AM
finance.yahoo.com logoGlobalStar downgraded by Chardan Capital Markets
finance.yahoo.com - June 13 at 5:55 AM
nasdaq.com logoWisdomTree MidCap Earnings Fund -- Insider Buying Index Registering 11.8%
www.nasdaq.com - May 24 at 12:39 PM
finance.yahoo.com logoWill Globalstar (GSAT) Continue to Surge Higher?
finance.yahoo.com - May 20 at 9:26 AM
nasdaq.com logoNotable Tuesday Option Activity: GSAT, MHLD, AAP
www.nasdaq.com - May 17 at 1:01 PM
finance.yahoo.com logoWarren Buffett takes a shine to Apple
finance.yahoo.com - May 16 at 12:20 PM
fool.com logoWhy Globalstar Inc. Jumped More Than 20% Higher Today
www.fool.com - May 16 at 11:41 AM
finance.yahoo.com logoTrending Now: GSAT
finance.yahoo.com - May 15 at 9:31 PM
thestreet.com logoWeak On High Volume: Globalstar (GSAT)
www.thestreet.com - April 25 at 12:47 PM
finance.yahoo.com logoOrbital Tracking Corp. Enters Final Stage of SPOT Gen3(R) Messenger Rollout at UK's Forestry Commission
finance.yahoo.com - April 18 at 8:00 AM
thestreet.com logo[video]7 Big-Volume Stocks for Your Buy List
www.thestreet.com - March 14 at 7:38 AM

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Chart

Globalstar (GSAT) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by MarketBeat.com Staff