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

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$0.43 -0.01 (-2.27 %)
(As of 03/24/2019 04:00 PM ET)
Previous Close$0.43
Today's Range$0.42 - $0.4352
52-Week Range$0.29 - $0.88
Volume1.17 million shs
Average Volume2.70 million shs
Market Capitalization$622.65 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$622.65 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) released its quarterly earnings results on Thursday, November, 2nd. The Wireless communications provider reported $0.04 EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.02) by $0.06. The Wireless communications provider had revenue of $30.46 million for 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?

2 Wall Street analysts have issued twelve-month price objectives for Globalstar's stock. Their forecasts range from $0.70 to $2.50. On average, they anticipate Globalstar's stock price to reach $1.60 in the next twelve months. This suggests a possible upside of 272.1% from the stock's current price. View Analyst Price Targets for Globalstar.

What is the consensus analysts' recommendation for Globalstar?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globalstar in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Globalstar.

Has Globalstar been receiving favorable news coverage?

Media coverage about GSAT stock has trended neutral on Sunday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of 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 negative five to positive five, with scores closest to five being the most favorable. Globalstar earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned headlines about the Wireless communications provider a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the company's share price in the immediate future.

Are investors shorting Globalstar?

Globalstar saw a increase in short interest in February. As of February 28th, there was short interest totalling 47,598,618 shares, an increase of 0.7% from the February 15th total of 47,255,322 shares. Based on an average daily trading volume, of 4,283,007 shares, the days-to-cover ratio is presently 11.1 days. Approximately 7.8% of the company's shares are sold short. 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), Advanced Micro Devices (AMD), General Electric (GE), Johnson & Johnson (JNJ), ACADIA Pharmaceuticals (ACAD), Celgene (CELG), Inovio Pharmaceuticals (INO), Novavax (NVAX) and Chesapeake Energy (CHK).

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 many different of retail and institutional investors. Top institutional shareholders include Beck Mack & Oliver LLC (1.59%), BlackRock Inc. (1.29%), 683 Capital Management LLC (1.27%), Columbia Pacific Advisors LLC (0.98%), Bank of New York Mellon Corp (0.41%) and Geode Capital Management LLC (0.39%). 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 FMR LLC, Millennium Management LLC, D. E. Shaw & Co. Inc., BlackRock Inc., GSA Capital Partners LLP, Water Island Capital LLC and Synovus Financial Corp. View Insider Buying and Selling for Globalstar.

Which institutional investors are buying Globalstar stock?

GSAT stock was purchased by a variety of institutional investors in the last quarter, including 683 Capital Management LLC, Columbia Pacific Advisors LLC, Geode Capital Management LLC, Geode Capital Management LLC, SG Americas Securities LLC, Beck Mack & Oliver LLC, Bank of America Corp DE and Bank of New York Mellon Corp. 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 $0.43.

How big of a company is Globalstar?

Globalstar has a market capitalization of $622.65 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:  157 (Vote Underperform)
Total Votes:  313
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 3/24/2019 by MarketBeat.com Staff

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