About Globalstar (NASDAQ:GSAT)
Globalstar, 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: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: NASDAQ:GSAT
- CUSIP: N/A
- Web: N/A
- Market Cap: $2.56 billion
- Outstanding Shares: 1,116,559,000
- 50 Day Moving Avg: $1.89
- 200 Day Moving Avg: $1.45
- 52 Week Range: $0.63 - $2.66
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -28.63
- P/E Growth: -2.03
- Annual Revenue: $99.68 million
- Price / Sales: 25.65
- Book Value: $0.14 per share
- Price / Book: 16.36
- Average Volume: 6.66 million shs.
- Short Ratio: 19.65
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) announced its earnings results on Thursday, May, 4th. The company reported ($0.02) earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of ($0.02). The company had revenue of $24.65 million for the quarter, compared to analysts' expectations of $23.77 million. The firm's quarterly revenue was up 12.9% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.03) EPS. View Globalstar's Earnings History.
When will Globalstar make its next earnings announcement?
Where is Globalstar's stock going? Where will Globalstar's stock price be in 2017?
2 analysts have issued 1 year price targets for Globalstar's stock. Their forecasts range from $2.50 to $2.50. On average, they expect 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?
Some companies that are related to Globalstar include Zhejiang Expressway Co. (ZHEXY), Elbit Systems Ltd (ESLT), Subsea 7 SA (SUBCY), Match Group (MTCH), Senior Housing Properties Trust (SNH), Bed Bath & Beyond (BBBY), Patheon NV (PTHN), FLIR Systems (FLIR), Pool (POOL), Capita Plc (CTAGY), Cavium (CAVM), National Instruments Corp (NATI), Aberdeen Asset Mgt Unspon (ABDNY), Icon Plc (ICLR), PrivateBancorp (PVTB), Hospitality Properties Trust (HPT), Neurocrine Biosciences (NBIX) and SLM Corp (SLM).
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.
How much does a share of Globalstar stock cost?
One share of Globalstar stock can currently be purchased for approximately $2.29.
Consensus Ratings for Globalstar (NASDAQ:GSAT) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||2 Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$2.50 (9.17% upside)|
Analysts' Ratings History for Globalstar (NASDAQ:GSAT)
(Data available from 5/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|4/12/2017||Chardan Capital||Reiterated Rating||Buy||$2.50||Low|
|3/28/2017||Odeon Capital Group LLC||Reiterated Rating||Positive||Low|
Earnings History for Globalstar (NASDAQ:GSAT)Earnings History by Quarter for Globalstar (NASDAQ:GSAT)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017|| || || || || || || || |
|5/4/2017||3/31/2017||($0.02)||($0.02)||$23.77 million||$24.65 million||View||Listen|
Earnings Estimates for Globalstar (NASDAQ:GSAT)
Current Year EPS Consensus Estimate: $-0.08 EPS
Next Year EPS Consensus Estimate: $-0.08 EPS
Dividend History for Globalstar (NASDAQ:GSAT)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Globalstar (NASDAQ:GSAT)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Globalstar (NASDAQ:GSAT)
Latest Headlines for Globalstar (NASDAQ:GSAT)
|Globalstar Sees Unusually Large Options Volume (GSAT)|
www.americanbankingnews.com - May 17 at 7:22 AM
|Today's Research Reports on Stocks to Watch: Globalstar and Endocyte|
finance.yahoo.com - May 15 at 11:13 AM
|Why Globalstar, Inc. Stock Popped Today|
www.fool.com - May 12 at 3:11 PM
|Globalstar, Inc. (GSAT) Announces Earnings Results, Meets Estimates|
www.americanbankingnews.com - May 8 at 4:40 PM
|Edited Transcript of GSAT earnings conference call or presentation 4-May-17 12:30pm GMT|
finance.yahoo.com - May 4 at 10:43 PM
|Globalstar Announces First Quarter 2017 Results|
finance.yahoo.com - May 4 at 12:01 PM
|Globalstar (GSAT) Receiving Somewhat Favorable Press Coverage, Report Shows|
www.americanbankingnews.com - May 2 at 8:48 AM
|Globalstar (GSAT) Given Daily Media Impact Rating of 0.25|
www.americanbankingnews.com - April 29 at 10:47 PM
|Globalstar (GSAT) Earning Somewhat Positive Press Coverage, Analysis Finds|
www.americanbankingnews.com - April 25 at 8:58 PM
|Globalstar (GSAT) Given Media Impact Rating of 0.03|
www.americanbankingnews.com - April 21 at 8:48 PM
|SPOT Satellite Devices Reach Major Milestone with 5,000 Rescues Worldwide|
finance.yahoo.com - April 19 at 11:43 AM
|SPOT Satellite Device Reaches Major Milestone With 5000 Rescues Worldwide|
finance.yahoo.com - April 19 at 11:43 AM
|Globalstar (GSAT) Getting Somewhat Favorable Media Coverage, Report Finds|
www.americanbankingnews.com - April 18 at 7:13 PM
|Somewhat Positive Press Coverage Somewhat Likely to Impact Globalstar (GSAT) Share Price|
www.americanbankingnews.com - April 14 at 11:06 PM
|Chardan Capital Reaffirms Buy Rating for Globalstar, Inc. (GSAT)|
www.americanbankingnews.com - April 14 at 12:20 PM
|Globalstar, Inc. (GSAT) Rating Reiterated by Odeon Capital Group LLC|
www.americanbankingnews.com - April 3 at 12:18 PM
|Globalstar, Inc. (GSAT) Stock Rating Reaffirmed by Odeon Capital Group LLC|
www.americanbankingnews.com - March 28 at 11:50 AM
|GlobalStar downgraded by Chardan Capital Markets|
finance.yahoo.com - June 13 at 5:55 AM
|WisdomTree MidCap Earnings Fund -- Insider Buying Index Registering 11.8%|
www.nasdaq.com - May 24 at 12:39 PM
|Will Globalstar (GSAT) Continue to Surge Higher?|
finance.yahoo.com - May 20 at 9:26 AM
|Notable Tuesday Option Activity: GSAT, MHLD, AAP|
www.nasdaq.com - May 17 at 1:01 PM
|Warren Buffett takes a shine to Apple|
finance.yahoo.com - May 16 at 12:20 PM
|Why Globalstar Inc. Jumped More Than 20% Higher Today|
www.fool.com - May 16 at 11:41 AM
|Trending Now: GSAT|
finance.yahoo.com - May 15 at 9:31 PM
|Weak On High Volume: Globalstar (GSAT)|
www.thestreet.com - April 25 at 12:47 PM
|Orbital 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
|[video]7 Big-Volume Stocks for Your Buy List|
www.thestreet.com - March 14 at 7:38 AM
Globalstar (GSAT) Chart for Tuesday, May, 23, 2017