NYSEAMERICAN:GSAT - Globalstar Stock Price, News, & Analysis

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$0.42 -0.01 (-2.30 %)
(As of 04/19/2019 04:00 PM ET)
Previous Close$0.43
Today's Range$0.42 - $0.43
52-Week Range$0.29 - $0.85
Volume838,866 shs
Average Volume2.36 million shs
Market Capitalization$614.83 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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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Outstanding Shares1,448,027,000
Market Cap$614.83 million
Next Earnings Date5/9/2019 (Estimated)
OptionableOptionable

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) issued its earnings results on Thursday, November, 2nd. The Wireless communications provider reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.06. The Wireless communications provider earned $30.46 million during the quarter. View Globalstar's Earnings History.

When is Globalstar's next earnings date?

Globalstar is scheduled to release their next quarterly earnings announcement on Thursday, May 9th 2019. View Earnings Estimates for Globalstar.

What price target have analysts set for GSAT?

1 brokers have issued 12-month price objectives for Globalstar's stock. Their forecasts range from $2.50 to $2.50. On average, they anticipate Globalstar's stock price to reach $2.50 in the next twelve months. This suggests a possible upside of 488.8% from the stock's current price. View Analyst Price Targets for Globalstar.

What is the consensus analysts' recommendation for 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.

Has Globalstar been receiving favorable news coverage?

Media headlines about GSAT stock have trended somewhat positive recently, according to InfoTrie. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Globalstar earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave media coverage about the Wireless communications provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near future.

Are investors shorting Globalstar?

Globalstar saw a decrease in short interest in the month of March. As of March 29th, there was short interest totalling 44,429,926 shares, a decrease of 4.0% from the March 15th total of 46,293,726 shares. Based on an average trading volume of 1,074,047 shares, the short-interest ratio is currently 41.4 days. Approximately 7.3% of the shares of the company are short sold. View Globalstar's Current Options Chain.

Who are some of Globalstar's key competitors?

What other stocks do shareholders of Globalstar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Globalstar investors own include Sprint (S), Immunomedics (IMMU), Corbus Pharmaceuticals (CRBP), Celgene (CELG), Advanced Micro Devices (AMD), Linn Energy (LINEQ), ACADIA Pharmaceuticals (ACAD), Rapid7 (RPD), General Electric (GE) and Johnson & Johnson (JNJ).

Who are Globalstar's key executives?

Globalstar's management team includes the folowing 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

Who are Globalstar's major shareholders?

Globalstar's stock is owned by a number of of institutional and retail investors. Top institutional investors include Wedbush Securities Inc. (0.01%). Company insiders that own Globalstar stock include James Monroe III and L Barbee Iv Ponder. View Institutional Ownership Trends for Globalstar.

Which institutional investors are buying Globalstar stock?

GSAT stock was bought by a variety of institutional investors in the last quarter, including Wedbush Securities Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Globalstar's stock price today?

One share of GSAT stock can currently be purchased for approximately $0.4246.

How big of a company is Globalstar?

Globalstar has a market capitalization of $614.83 million.

What is Globalstar's official website?

The official website for Globalstar is https://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.


MarketBeat Community Rating for Globalstar (NYSEAMERICAN GSAT)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  156 (Vote Outperform)
Underperform Votes:  158 (Vote Underperform)
Total Votes:  314
MarketBeat's community ratings are surveys of what our community members think about Globalstar and other stocks. Vote "Outperform" if you believe GSAT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GSAT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/19/2019 by MarketBeat.com Staff

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