NYSEAMERICAN:GSAT

Globalstar Stock Forecast, Price & News

$1.30
+0.03 (+2.36 %)
(As of 06/11/2021 12:00 AM ET)
Add
Compare
Today's Range
$1.27
$1.35
50-Day Range
$0.31
$0.38
52-Week Range
$0.29
$2.98
Volume17.89 million shs
Average Volume35.56 million shs
Market Capitalization$2.33 billion
P/E RatioN/A
Dividend YieldN/A
Beta-0.01
30 days | 90 days | 365 days | Advanced Chart
Receive GSAT News and Ratings via Email

Sign-up to receive the latest news and ratings for Globalstar and its competitors with MarketBeat's FREE daily newsletter.


Globalstar logo

About Globalstar

Globalstar, Inc. engages in the provision of mobile satellite services. It offers voice and data communications services to following markets: recreation and personal; government; public safety and disaster relief; oil and gas; maritime and fishing; natural resources, mining, and forestry; construction; utilities; and transportation. The company was founded in November 2003 and is headquartered in Covington, LA.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

0.75 out of 5 stars

Computer And Technology Sector

860th out of 1,583 stocks

Communication Services, Not Elsewhere Classified Industry

16th out of 35 stocks

Analyst Opinion: 0.5Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.0 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Globalstar (NYSEAMERICAN:GSAT) Frequently Asked Questions

Is Globalstar a buy right now?

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

What stocks does MarketBeat like better than Globalstar?

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

When is Globalstar's next earnings date?

Globalstar is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Globalstar
.

How were Globalstar's earnings last quarter?

Globalstar, Inc. (NYSEAMERICAN:GSAT) issued its earnings results on Thursday, May, 6th. The Wireless communications provider reported ($0.02) EPS for the quarter, meeting the Thomson Reuters' consensus estimate of ($0.02). Globalstar had a negative trailing twelve-month return on equity of 22.15% and a negative net margin of 79.81%. During the same quarter last year, the firm earned ($0.02) EPS.
View Globalstar's earnings history
.

How has Globalstar's stock been impacted by COVID-19 (Coronavirus)?

Globalstar's stock was trading at $0.31 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, GSAT shares have increased by 319.4% and is now trading at $1.30.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for GSAT?

1 equities research analysts have issued 12-month price targets for Globalstar's stock. Their forecasts range from $0.55 to $0.55. On average, they anticipate Globalstar's stock price to reach $0.55 in the next twelve months. This suggests that the stock has a possible downside of 57.7%.
View analysts' price targets for Globalstar
or view top-rated stocks among Wall Street analysts.

Who are Globalstar's key executives?

Globalstar's management team includes the following people:
  • Dave Kagan, Chief Executive Officer
  • Wen Doong, Senior Vice President-Engineering & Operations
  • Rebecca S. Clary, Chief Financial Officer & Vice President
  • Tim Calamari, VP-Network, Information Technology & Applications
  • James A. Seese, Vice President-Administration

Who are some of Globalstar's key competitors?

What other stocks do shareholders of Globalstar own?

What is Globalstar's stock symbol?

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

Who are Globalstar's major shareholders?

Globalstar's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Beck Mack & Oliver LLC (1.18%), BlackRock Inc. (0.92%), Legion Partners Asset Management LLC (0.46%), Geode Capital Management LLC (0.30%), Morgan Stanley (0.22%) and Millennium Management LLC (0.17%). Company insiders that own Globalstar stock include Benjamin G Wolff and James Monroe III.
View institutional ownership trends for Globalstar
.

Which institutional investors are selling Globalstar stock?

GSAT stock was sold by a variety of institutional investors in the last quarter, including Legion Partners Asset Management LLC, Alpine Global Management LLC, Beck Mack & Oliver LLC, Bank of New York Mellon Corp, UBS Group AG, Zurcher Kantonalbank Zurich Cantonalbank, BlackRock Inc., and Investment Management of Virginia LLC.
View insider buying and selling activity for Globalstar
or view top insider-selling stocks.

Which institutional investors are buying Globalstar stock?

GSAT stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Millennium Management LLC, HighTower Advisors LLC, Goldman Sachs Group Inc., Virtu Financial LLC, Cubist Systematic Strategies LLC, Geode Capital Management LLC, and Robertson Stephens Wealth Management LLC. Company insiders that have bought Globalstar stock in the last two years include Benjamin G Wolff, and James Monroe III.
View insider buying and selling activity for Globalstar
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Globalstar's stock price today?

One share of GSAT stock can currently be purchased for approximately $1.30.

How much money does Globalstar make?

Globalstar has a market capitalization of $2.33 billion and generates $128.49 million in revenue each year. The Wireless communications provider earns $-109,640,000.00 in net income (profit) each year or ($0.07) on an earnings per share basis.

How many employees does Globalstar have?

Globalstar employs 336 workers across the globe.

What is Globalstar's official website?

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

Where are Globalstar's headquarters?

Globalstar is headquartered at 300 Holiday Square Blvd, COVINGTON, LA 70433-6144, United States.

How can I contact Globalstar?

Globalstar's mailing address is 300 Holiday Square Blvd, COVINGTON, LA 70433-6144, United States. The Wireless communications provider can be reached via phone at (985) 335-1500 or via email at [email protected]


This page was last updated on 6/13/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.