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NYSEAMERICAN:GSATGlobalstar Stock Price, Forecast & News

$0.30
-0.01 (-3.25 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$0.30
Now: $0.30
$0.33
50-Day Range N/A
52-Week Range
$0.23
Now: $0.30
$0.63
Volume3.20 million shs
Average Volume1.28 million shs
Market Capitalization$496.59 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Globalstar, Inc. provides mobile satellite services, voice and data communications services through satellite worldwide. It offers communications services via satellite which includes: two-way voice communication and data transmissions using mobile or fixed devices; and one-way data transmissions using a mobile or fixed device that transmits its location and other information to a central monitoring station. The company provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. It serves to government; public safety and disaster relief; recreation and personal; telecommunications; oil and gas; maritime and fishing; natural resources; construction; utilities; and transportation markets. Globalstar was founded in November 2003 and is headquartered in Covington, LA.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.08 out of 5 stars


Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN
Industry Telecom Services
Sub-IndustryN/A
Current SymbolNYSEAMERICAN:GSAT
CUSIPN/A
Phone(985) 335-1500

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Outstanding Shares1,668,658,000
Market Cap$496.59 million
Next Earnings Date8/14/2020 (Estimated)
OptionableOptionable

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Globalstar (NYSEAMERICAN:GSAT) Frequently Asked Questions

Do Wall Street analysts recommend investors buy shares of Globalstar?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globalstar in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Globalstar.

When is Globalstar's next earnings date?

Globalstar is scheduled to release its next quarterly earnings announcement on Friday, August 14th 2020. View our earnings forecast for Globalstar.

How were Globalstar's earnings last quarter?

Globalstar, Inc. (NYSEAMERICAN:GSAT) announced its earnings results on Thursday, May, 7th. The Wireless communications provider reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by $0.00. The Wireless communications provider earned $32.19 million during the quarter. View Globalstar's earnings history.

What price target have analysts set for GSAT?

1 brokerages have issued 12-month price targets for Globalstar's shares. Their forecasts range from $0.56 to $0.56. On average, they anticipate Globalstar's stock price to reach $0.56 in the next year. This suggests a possible upside of 88.2% from the stock's current price. View analysts' price targets for Globalstar.

Has Globalstar been receiving favorable news coverage?

News stories about GSAT stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Globalstar earned a coverage optimism score of -2.6 on InfoTrie's scale. They also assigned news stories about the Wireless communications provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutGlobalstar.

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:
  • Dave Kagan, President, Chief Executive & Operating Officer
  • Rebecca S. Clary, Chief Financial Officer & Vice President
  • Doong Wen, Vice President-Engineering
  • Jim Mandala, Vice President & GM-International Sales
  • James A. Seese, Vice President-Administration

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 institutional and retail investors. Top institutional shareholders include Mudrick Capital Management L.P. (6.54%), Beck Mack & Oliver LLC (1.17%), BlackRock Inc. (0.82%), Mason Capital Management LLC (0.53%), Geode Capital Management LLC (0.30%) and State Street Corp (0.09%). Company insiders that own Globalstar stock include Benjamin G Wolff, James Monroe III and L Barbee Iv Ponder. 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 Mason Capital Management LLC, Mudrick Capital Management L.P., Telemetry Investments L.L.C., Geode Capital Management LLC, and Cowen AND Company LLC. View insider buying and selling activity for Globalstar.

Which institutional investors are buying Globalstar stock?

GSAT stock was bought by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, BlackRock Inc., WINTON GROUP Ltd, Arizona State Retirement System, State Street Corp, UBS Group AG, and Beck Mack & Oliver 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.

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 $0.30.

How big of a company is Globalstar?

Globalstar has a market capitalization of $496.59 million.

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 300 Holiday Square Blvd, COVINGTON, LA 70433-6144, United States. The Wireless communications provider can be reached via phone at (985) 335-1500.

This page was last updated on 6/1/2020 by MarketBeat.com Staff

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