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

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$0.50 -0.03 (-5.66 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$0.53
Today's Range$0.50 - $0.53
52-Week Range$0.40 - $1.89
Volume7.54 million shs
Average Volume4.55 million shs
Market Capitalization$1.04 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.62
Globalstar logoGlobalstar, Inc. provides mobile satellite voice and data services worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational, emergency response, and other applications; fixed voice and data satellite communications services and equipment in rural villages, ships, industrial and commercial sites, and residential sites; and satellite data modem services comprising asynchronous and packet data services. It also provides SPOT products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Simplex one-way transmission products to track cargo containers and rail cars, to monitor utility meters, to monitor oil and gas assets, and other applications. Further, it provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. Globalstar, Inc. distributes its products directly, as well as through independent agents, dealers and resellers, independent gateway operators, and its sales force and e-commerce Website. The company primarily serves recreation and personal; government; public safety and disaster relief; oil and gas; maritime and fishing; natural resources, mining, and forestry; construction; utilities; and transportation markets. As of December 31, 2017, it served approximately 700,000 subscribers. The company was founded in 2003 and is headquartered in Covington, Louisiana. Globalstar, Inc. is a subsidiary of Thermo Funding II LLC.

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Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN
Industry Telecom Services
Sub-IndustryN/A
SectorCommunication 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

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins172.06%
Return on Equity145.71%
Return on Assets18.96%

Miscellaneous

EmployeesN/A
Outstanding Shares1,264,000,000
Market Cap$1.04 billion

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, August, 2nd. The Wireless communications provider reported ($0.01) EPS for the quarter, hitting analysts' consensus estimates of ($0.01). The Wireless communications provider had revenue of $33.73 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 is Globalstar's next earnings date?

Globalstar is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Globalstar.

What price target have analysts set for GSAT?

2 brokerages have issued 1 year price objectives for Globalstar's shares. Their predictions range from $0.70 to $2.50. On average, they expect Globalstar's share price to reach $1.60 in the next twelve months. This suggests a possible upside of 220.0% 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.

Are investors shorting Globalstar?

Globalstar saw a drop in short interest in August. As of August 31st, there was short interest totalling 71,433,016 shares, a drop of 0.8% from the August 15th total of 72,000,229 shares. Based on an average daily trading volume, of 2,249,663 shares, the short-interest ratio is currently 31.8 days. Currently, 12.3% of the shares of the company are short sold. View Globalstar's Current Options Chain.

Who are some of Globalstar's key competitors?

Who are Globalstar's key executives?

Globalstar's management team includes the folowing people:
  • Mr. James Monroe III, Chairman & CEO (Age 63)
  • Mr. David B. Kagan, Pres & COO (Age 56)
  • Ms. Rebecca S. Clary, VP & CFO (Age 39)
  • Mr. L. Barbee Ponder IV, Gen. Counsel & VP of Regulatory Affairs (Age 51)
  • Mr. James A. Seese II, VP of Admin.

Has Globalstar been receiving favorable news coverage?

News stories about GSAT stock have been trending somewhat positive on Friday, Accern reports. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Globalstar earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned news stories about the Wireless communications provider an impact score of 46.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for Globalstar.

Who are Globalstar's major shareholders?

Globalstar's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Warlander Asset Management LP (2.81%), Beck Mack & Oliver LLC (1.71%), BlackRock Inc. (1.16%), Millennium Management LLC (0.74%), Feinberg Stephen (0.55%) and Akanthos Capital Management LLC (0.55%). Company insiders that own Globalstar stock include James Monroe III, L Barbee Iv Ponder and Rebecca Clary. 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 BlackRock Inc., Northern Trust Corp, Feinberg Stephen, Laurion Capital Management LP, Schwab Charles Investment Management Inc. and FMR LLC. View Insider Buying and Selling for Globalstar.

Which institutional investors are buying Globalstar stock?

GSAT stock was acquired by a variety of institutional investors in the last quarter, including Akanthos Capital Management LLC, Millennium Management LLC, Warlander Asset Management LP, Paloma Partners Management Co, GSA Capital Partners LLP, LMR Partners LLP, Alpine Global Management LLC and Renaissance Technologies LLC. 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 $0.50.

How big of a company is Globalstar?

Globalstar has a market capitalization of $1.04 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 (NYSEAMERICAN GSAT)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  136 (Vote Outperform)
Underperform Votes:  142 (Vote Underperform)
Total Votes:  278
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 9/21/2018 by MarketBeat.com Staff

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