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Globalstar Stock Forecast, Price & News

+0.01 (+3.13 %)
(As of 12/4/2020 12:00 AM ET)
Today's Range
Now: $0.33
50-Day Range
MA: $0.32
52-Week Range
Now: $0.33
Volume930,354 shs
Average Volume3.13 million shs
Market Capitalization$551.23 million
P/E RatioN/A
Dividend YieldN/A
Globalstar, Inc. provides mobile satellite services worldwide. 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; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and satellite data modem services comprising asynchronous and packet data services. It also provides SPOT consumer retail products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Internet of Things one-way transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets. Further, it sells wholesale minutes to independent gateway operators (IGOs); and provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company distributes its products directly, as well as through independent agents, dealers and resellers, retailers, IGOs, and its sales force and e-commerce Website. As of December 31, 2019, it had approximately 775,000 subscribers. The company primarily serves recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, and forestry markets. Globalstar, Inc. was founded in 2003 and is headquartered in Covington, Louisiana.

Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 0.0Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.17 out of 5 stars

Industry, Sector and Symbol

Industry Communication services, not elsewhere classified



Sales & Book Value

Annual Sales$131.72 million
Book Value$0.27 per share


Net Income$15.32 million


Outstanding Shares1,670,405,000
Market Cap$551.23 million
Next Earnings DateN/A
+0.01 (+3.13 %)
(As of 12/4/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Globalstar (NYSE:GSAT) Frequently Asked Questions

What stocks does MarketBeat like better than Globalstar?

Wall Street analysts have given Globalstar a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Globalstar wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How were Globalstar's earnings last quarter?

Globalstar, Inc. (NYSE:GSAT) announced its earnings results on Friday, November, 6th. The company reported ($0.01) earnings per share for the quarter, hitting the Zacks' consensus estimate of ($0.01). The firm earned $32.76 million during the quarter. Globalstar had a negative net margin of 98.82% and a negative return on equity of 27.62%.
View Globalstar's earnings history

Who are some of Globalstar's key competitors?

What other stocks do shareholders of Globalstar own?

Who are Globalstar's key executives?

Globalstar's management team includes the following people:
  • Mr. James Monroe III, Exec. Chairman (Age 65, Pay $50k)
  • Mr. David B. Kagan, Chief Exec. Officer (Age 58, Pay $511.05k)
  • Ms. Rebecca S. Clary, VP & CFO (Age 41, Pay $300.2k)
  • Mr. L. Barbee Ponder IV, Gen. Counsel & VP of Regulatory Affairs (Age 53)
  • Mr. Timothy Evan Taylor, VP of Fin., Bus. Operations & Strategy and Director (Age 37, Pay $50k)
  • Mr. Wen Doong, Sr. VP of Engineering & Operations
  • Mr. James A. Seese II, VP of Admin.
  • Mr. Kyle Pickens CFA, VP of Strategy & Communications
  • Mr. Richard S. Roberts, Corp. Sec. (Age 74)

What is Globalstar's stock symbol?

Globalstar trades on the New York Stock Exchange (NYSE) under the ticker symbol "GSAT."

How do I buy shares of Globalstar?

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

What is Globalstar's stock price today?

One share of GSAT stock can currently be purchased for approximately $0.33.

How big of a company is Globalstar?

Globalstar has a market capitalization of $551.23 million and generates $131.72 million in revenue each year. The company earns $15.32 million in net income (profit) each year or ($0.16) on an earnings per share basis. Globalstar employs 336 workers across the globe.

What is Globalstar's official website?

The official website for Globalstar is www.globalstar.com.

How can I contact Globalstar?

Globalstar's mailing address is 1351 Holiday Square Blvd, COVINGTON LA, 70433. The company can be reached via phone at 985-335-1500 or via email at [email protected]

This page was last updated on 12/5/2020 by MarketBeat.com Staff

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