NYSEMKT:GSAT

Globalstar (GSAT) Stock Price, News & Analysis

$1.26
-0.01 (-0.79%)
(As of 04/22/2024 ET)
Today's Range
$1.24
$1.29
50-Day Range
$1.25
$1.74
52-Week Range
N/A
Volume
2.07 million shs
Average Volume
3.03 million shs
Market Capitalization
$2.37 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.38

Globalstar MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
247.6% Upside
$4.38 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Globalstar in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.57 out of 5 stars

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, Inc. (GSAT)
Globalstar (NYSEMKT:GSAT) Trading 1.6% Higher
The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
Globalstar CFO sells shares worth over $100k
IRDM Nov 2024 22.500 call
The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
IRDM Jul 2024 35.000 call
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
See More Headlines
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Company Calendar

Last Earnings
11/04/2021
Today
4/23/2024
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
+247.6%
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
$2.37 billion
Optionable
Not Optionable
Beta
0.84
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GSAT Stock Analysis - Frequently Asked Questions

Should I buy or sell Globalstar stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Globalstar in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research 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 12 month target prices for Globalstar's shares. 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 247.6% 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 35.1% and is now trading at $1.26.
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 (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by $0.01. The firm had revenue of $32.61 million for the quarter, compared to the consensus estimate of $28.39 million. Globalstar had a negative net margin of 112.72% and a negative trailing twelve-month return on equity of 76.89%.

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 4/23/2024 by MarketBeat.com Staff

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