Globalstar Stock Price, News & Analysis (NYSEAMERICAN:GSAT)

$1.18 -0.03 (-2.48 %)
(As of 12/15/2017 02:50 PM ET)
Previous Close$1.21
Today's Range$1.16 - $1.24
52-Week Range$0.88 - $2.59
Volume3.33 million shs
Average Volume5.23 million shs
Market Capitalization$1.54 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.49

About Globalstar (NYSEAMERICAN:GSAT)

Globalstar logoGlobalstar, 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.

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Industry, Sector and Symbol

Industry Satellite Service Operators
Sub-IndustryN/A
SectorTelecommunications Services
SymbolNYSEAMERICAN:GSAT
CUSIPN/A
Phone+1-408-9334000

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPS($0.17)
Net IncomeN/A
Net Margins172.06%
Return on Equity145.71%
Return on Assets18.96%

Miscellaneous

EmployeesN/A
Outstanding Shares1,259,240,000

Globalstar (NYSEAMERICAN:GSAT) Frequently Asked Questions

What is Globalstar's stock symbol?

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

How were Globalstar's earnings last quarter?

Globalstar, Inc. (NYSEAMERICAN:GSAT) announced its earnings results on Thursday, November, 2nd. The Wireless communications provider reported $0.04 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.02) by $0.06. The Wireless communications provider had revenue of $30.46 million for the quarter. Globalstar had a return on equity of 145.71% and a net margin of 172.06%. View Globalstar's Earnings History.

When will Globalstar make its next earnings announcement?

Globalstar is scheduled to release their next quarterly earnings announcement on Wednesday, February, 21st 2018. View Earnings Estimates for Globalstar.

Where is Globalstar's stock going? Where will Globalstar's stock price be in 2017?

2 brokers have issued 1 year price objectives for Globalstar's stock. Their predictions range from $2.50 to $2.50. On average, they expect Globalstar's share price to reach $2.50 in the next twelve months. View Analyst Ratings for Globalstar.

Are investors shorting Globalstar?

Globalstar saw a increase in short interest during the month of November. As of November 30th, there was short interest totalling 82,240,405 shares, an increase of 1.3% from the November 15th total of 81,223,964 shares. Based on an average daily volume of 3,526,222 shares, the short-interest ratio is presently 23.3 days. Currently, 12.1% of the company's stock are sold short.

Who are some of Globalstar's key competitors?

Who are Globalstar's key executives?

Globalstar's management team includes the folowing people:

  • James III Monroe III, Executive Chairman of the Board, Chief Executive Officer (Age 62)
  • David B. Kagan, President, Chief Operating Officer
  • Rebecca S. Clary, Chief Financial Officer, Vice President (Age 38)
  • L. Barbee Ponder IV, Vice President - Regulatory Affairs, General Counsel (Age 50)
  • Kyle Pickens, Vice President - Strategy and Communications
  • Richard S. Roberts, Corporate Secretary, Director (Age 71)
  • James F. Lynch, Director (Age 59)
  • William Albert Hasler, Independent Director (Age 75)
  • John M.R. Kneuer, Independent Director (Age 48)
  • J. Patrick Patrick McIntyre Jr., Independent Director (Age 61)

Who owns Globalstar stock?

Globalstar's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include California State Teachers Retirement System (0.06%), Scoggin Management LP (0.01%) and Private Advisor Group LLC (0.01%). Company insiders that own Globalstar stock include David B Kagan, James Monroe III, L Barbee Iv Ponder and Rebecca Clary. View Institutional Ownership Trends for Globalstar.

Who sold Globalstar stock? Who is selling Globalstar stock?

Globalstar's stock was sold by a variety of institutional investors in the last quarter, including Scoggin Management LP and California State Teachers Retirement System. Company insiders that have sold Globalstar company stock in the last year include James Monroe III, L Barbee Iv Ponder and Rebecca Clary. View Insider Buying and Selling for Globalstar.

Who bought Globalstar stock? Who is buying Globalstar stock?

Globalstar's stock was purchased by a variety of institutional investors in the last quarter, including Private Advisor Group LLC. Company insiders that have bought Globalstar stock in the last two years include David B Kagan and James Monroe III. View Insider Buying and Selling for Globalstar.

How do I buy Globalstar stock?

Shares of Globalstar 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, Scottrade, Fidelity and Charles Schwab.

What is Globalstar's stock price today?

One share of Globalstar stock can currently be purchased for approximately $1.18.

How big of a company is Globalstar?

Globalstar has a market capitalization of $1.54 billion.

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 +1-408-9334000.


MarketBeat Community Rating for Globalstar (GSAT)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  81 (Vote Outperform)
Underperform Votes:  58 (Vote Underperform)
Total Votes:  139
MarketBeat's community ratings are surveys of what our community members think about Globalstar and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Globalstar (NYSEAMERICAN:GSAT) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 3.003.003.003.00
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $2.50$2.50$2.50$2.50
Price Target Upside: 47.93% upside47.93% upside47.93% upside47.93% upside

Globalstar (NYSEAMERICAN:GSAT) Consensus Price Target History

Price Target History for Globalstar (NYSEAMERICAN:GSAT)

Globalstar (NYSEAMERICAN:GSAT) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetDetails
4/12/2017Chardan CapitalReiterated RatingBuy$2.50View Rating Details
3/28/2017Odeon Capital GroupReiterated RatingPositiveView Rating Details
11/24/2016AegisReiterated RatingBuyView Rating Details
(Data available from 12/15/2015 forward)

Earnings

Globalstar (NYSEAMERICAN:GSAT) Earnings History and Estimates Chart

Earnings by Quarter for Globalstar (NYSEAMERICAN:GSAT)

Globalstar (NYSEAMERICAN GSAT) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/21/2018($0.02)N/AView Earnings Details
11/2/2017Q3 2017($0.02)$0.04$30.46 millionViewN/AView Earnings Details
8/3/2017Q2 2017($0.02)($0.09)$25.66 million$28.13 millionViewListenView Earnings Details
5/4/20173/31/2017($0.02)($0.02)$23.77 million$24.65 millionViewListenView Earnings Details
2/23/2017Q4 2016($0.02)($0.11)$23.71 million$24.40 millionViewListenView Earnings Details
8/4/2016Q2($0.02)$0.01$24.48 million$25.09 millionViewListenView Earnings Details
5/5/2016Q1($0.03)($0.03)$23.07 million$21.80 millionViewListenView Earnings Details
2/25/2016Q4($0.03)($0.03)$23.69 million$22.80 millionViewListenView Earnings Details
11/5/2015Q315($0.03)$0.02$24.64 million$23.70 millionViewListenView Earnings Details
8/10/2015Q215($0.02)$0.17$25.62 million$23.00 millionViewListenView Earnings Details
5/7/2015Q115($0.03)($0.13)$23.13 million$21.00 millionViewN/AView Earnings Details
3/2/2015Q4($0.03)$0.08$24.20 million$22.10 millionViewListenView Earnings Details
11/6/2014Q3($0.03)$0.11$23.89 million$23.40 millionViewListenView Earnings Details
8/11/2014Q2($0.04)($0.48)$21.67 million$24.00 millionViewListenView Earnings Details
5/7/2014Q1($0.04)($0.29)ViewListenView Earnings Details
11/13/2013Q3($0.05)($0.30)ViewListenView Earnings Details
3/14/2013Q4 12($0.05)ViewN/AView Earnings Details
11/14/2012Q312($0.06)($0.10)$19.50 million$20.50 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Globalstar (NYSEAMERICAN:GSAT) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for Globalstar (NYSEAMERICAN:GSAT)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Globalstar (NYSEAMERICAN GSAT) Insider Trading and Institutional Ownership History

Insider Trades by Quarter for Globalstar (NYSEAMERICAN:GSAT)

Globalstar (NYSEAMERICAN GSAT) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/12/2017James Monroe IIICEOSell38,000,000$1.16$44,080,000.00View SEC Filing  
10/11/2017James Monroe IIICEOBuy27,607,656$1.57$43,344,019.92View SEC Filing  
6/30/2017James Monroe IIICEOBuy17,837,838$1.85$33,000,000.30View SEC Filing  
3/10/2017L Barbee Iv PonderGeneral CounselSell86,770$1.42$123,213.40View SEC Filing  
3/2/2017Rebecca ClaryCFOSell34,274$1.42$48,669.08View SEC Filing  
5/17/2016David B KaganCOOBuy37,000$2.75$101,750.00View SEC Filing  
12/9/2015James Monroe IIICEOBuy2,000,000$1.85$3,700,000.00View SEC Filing  
12/1/2015James Monroe IIICEOBuy100,000$2.16$216,000.00View SEC Filing  
11/30/2015James Monroe IIICEOBuy100,000$2.19$219,000.00View SEC Filing  
11/27/2015James Monroe IIICEOBuy100,000$2.17$217,000.00View SEC Filing  
11/25/2015James Monroe IIICEOBuy100,000$2.12$212,000.00View SEC Filing  
11/24/2015James Monroe IIICEOBuy100,000$2.09$209,000.00View SEC Filing  
3/23/2015Rebecca ClaryCFOSell18,000$3.50$63,000.00View SEC Filing  
12/19/2014James F LynchDirectorBuy12,371,136$2.82$34,886,603.52View SEC Filing  
12/17/2014L Barbee Iv PonderGeneral CounselSell1,485$2.73$4,054.05View SEC Filing  
12/17/2014Rebecca ClaryCFOSell1,146$2.72$3,117.12View SEC Filing  
11/17/2014James F LynchDirectorBuy30,000$2.86$85,800.00View SEC Filing  
11/17/2014James Monroe IIICEOBuy300,000$2.84$852,000.00View SEC Filing  
11/14/2014James Monroe IIICEOBuy270,000$2.91$785,700.00View SEC Filing  
11/13/2014James Monroe IIICEOBuy230,000$2.82$648,600.00View SEC Filing  
11/12/2014J Patrick Mcintyre JrDirectorBuy40,000$2.71$108,400.00View SEC Filing  
11/12/2014James Monroe IIICEOBuy210,000$2.71$569,100.00View SEC Filing  
11/12/2014Richard S RobertsInsiderBuy50,800$2.69$136,652.00View SEC Filing  
11/11/2014James Monroe IIICEOBuy175,000$2.65$463,750.00View SEC Filing  
11/11/2014William A HaslerDirectorBuy10,000$2.62$26,200.00View SEC Filing  
11/10/2014James Monroe IIICEOBuy150,000$2.59$388,500.00View SEC Filing  
11/10/2014John KneuerDirectorBuy15,500$2.66$41,230.00View SEC Filing  
8/18/2014L Barbee Iv PonderGeneral CounselSell8,043$4.02$32,332.86View SEC Filing  
5/21/2014L Barbee Iv PonderGeneral CounselSell150,000$3.19$478,500.00View SEC Filing  
5/16/2014Anthony J NavarraInsiderSell170,507$2.36$402,396.52View SEC Filing  
5/16/2014Rebecca ClaryCAOSell30,000$3.13$93,900.00View SEC Filing  
6/6/2013John KneuerDirectorBuy65,000$0.61$39,650.00View SEC Filing  
5/28/2013Anthony J NavarraInsiderSell50,000$0.48$24,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Globalstar (NYSEAMERICAN GSAT) News Headlines

Source:
DateHeadline
Globalstar, Inc. (GSAT) CEO James Monroe III Sells 38,000,000 SharesGlobalstar, Inc. (GSAT) CEO James Monroe III Sells 38,000,000 Shares
www.americanbankingnews.com - December 13 at 9:00 PM
Globalstar, Inc. (GSAT) Short Interest UpdateGlobalstar, Inc. (GSAT) Short Interest Update
www.americanbankingnews.com - December 11 at 8:36 PM
GlobalStar (GSAT) to Offer 38M Shares - StreetInsider.comGlobalStar (GSAT) to Offer 38M Shares - StreetInsider.com
www.streetinsider.com - December 8 at 10:50 AM
Globalstar Announces Secondary Offering of Voting Common StockGlobalstar Announces Secondary Offering of Voting Common Stock
finance.yahoo.com - December 8 at 6:20 AM
Globalstar Announces Secondary Offering of Voting Common Stock - GlobeNewswire (press release)Globalstar Announces Secondary Offering of Voting Common Stock - GlobeNewswire (press release)
www.globenewswire.com - December 7 at 4:33 PM
ETFs with exposure to Globalstar, Inc. : December 7, 2017ETFs with exposure to Globalstar, Inc. : December 7, 2017
finance.yahoo.com - December 7 at 3:18 PM
GlobalStar (GSAT) Names David Kagan as President and COO - StreetInsider.comGlobalStar (GSAT) Names David Kagan as President and COO - StreetInsider.com
www.streetinsider.com - November 29 at 6:05 AM
GlobalStar (GSAT) Names David Kagan as President and COOGlobalStar (GSAT) Names David Kagan as President and COO
www.streetinsider.com - November 28 at 3:17 PM
Short Interest in Globalstar, Inc. (GSAT) Increases By 4.1%Short Interest in Globalstar, Inc. (GSAT) Increases By 4.1%
www.americanbankingnews.com - November 27 at 7:50 PM
ETFs with exposure to Globalstar, Inc. : November 20, 2017ETFs with exposure to Globalstar, Inc. : November 20, 2017
finance.yahoo.com - November 20 at 7:47 PM
Globalstar, Inc. (GSAT) Upgraded to C- by TheStreetGlobalstar, Inc. (GSAT) Upgraded to C- by TheStreet
www.americanbankingnews.com - November 19 at 8:16 PM
Botswana Grants Globalstars First International Terrestrial Spectrum ... - GlobeNewswire (press release)Botswana Grants Globalstar's First International Terrestrial Spectrum ... - GlobeNewswire (press release)
globenewswire.com - November 16 at 2:54 PM
Botswana Grants Globalstar’s First International Terrestrial Spectrum ApprovalBotswana Grants Globalstar’s First International Terrestrial Spectrum Approval
finance.yahoo.com - November 16 at 2:54 PM
Pre-Market Technical Pulse on Wireless Communications Stocks -- Globalstar ...Pre-Market Technical Pulse on Wireless Communications Stocks -- Globalstar ...
www.prnewswire.com - November 14 at 7:46 PM

SEC Filings

Globalstar (NYSEAMERICAN:GSAT) SEC Filings

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Social Media

Financials

Globalstar (NYSEAMERICAN:GSAT) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Globalstar (NYSEAMERICAN GSAT) Stock Chart for Friday, December, 15, 2017

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This page was last updated on 12/15/2017 by MarketBeat.com Staff

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