NYSEAMERICAN:GSAT - Globalstar Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$0.49 -0.04 (-7.55 %)
(As of 06/19/2018 04:00 PM ET)
Previous Close$0.53
Today's Range$0.49 - $0.54
52-Week Range$0.44 - $2.30
Volume3.41 million shs
Average Volume4.51 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.

Receive GSAT News and Ratings via Email

Sign-up to receive the latest news and ratings for GSAT and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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 Shares1,263,110,000

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) released its earnings results on Thursday, May, 10th. The Wireless communications provider reported ($0.02) earnings per share for the quarter, hitting the Zacks' consensus estimate of ($0.02). The Wireless communications provider earned $28.75 million during the quarter. Globalstar had a return on equity of 145.71% and a net margin of 172.06%. View Globalstar's Earnings History.

What price target have analysts set for GSAT?

1 Wall Street analysts have issued 12-month price objectives for Globalstar's shares. Their forecasts range from $0.70 to $0.70. On average, they anticipate Globalstar's share price to reach $0.70 in the next twelve months. View Analyst Ratings for Globalstar.

Are investors shorting Globalstar?

Globalstar saw a drop in short interest in the month of May. As of May 31st, there was short interest totalling 84,885,127 shares, a drop of 1.8% from the May 15th total of 86,406,875 shares. Based on an average trading volume of 5,801,067 shares, the short-interest ratio is currently 14.6 days. Currently, 14.7% of the shares of the company 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:
  • 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 trended somewhat positive this week, according to Accern. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Globalstar earned a news sentiment score of 0.21 on Accern's scale. They also gave news headlines about the Wireless communications provider an impact score of 46.66 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are Globalstar's major shareholders?

Globalstar's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FL INVESTMENT HOLDINGS LLC (53.12%), MUDRICK CAPITAL MANAGEMENT, L.P. (5.60%), MUDRICK CAPITAL MANAGEMENT, L.P. (5.60%), BlackRock Inc. (2.86%), New Generation Advisors LLC (0.47%) and Millennium Management LLC (0.46%). 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., JPMorgan Chase & Co., Akanthos Capital Management LLC and Thornburg Investment Management Inc.. View Insider Buying and Selling for Globalstar.

Which institutional investors are buying Globalstar stock?

GSAT stock was bought by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Columbia Pacific Advisors LLC, Element Capital Management LLC, Tibra Equities Europe Ltd, New Generation Advisors LLC, Swift Run Capital Management LLC, Millennium Management LLC and Verition Fund Management 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 $0.49.

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 (GSAT)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  106 (Vote Outperform)
Underperform Votes:  92 (Vote Underperform)
Total Votes:  198
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 6/19/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.