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

$0.56
-0.02 (-3.45 %)
(As of 06/17/2019 11:26 AM ET)
Today's Range
$0.56
Now: $0.56
$0.60
50-Day Range N/A
52-Week Range
$0.29
Now: $0.56
$0.73
Volume10,942 shs
Average Volume2.17 million shs
Market Capitalization$812.06 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. Read More…

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 Shares1,450,115,000
Market Cap$812.06 million
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable

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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 quarterly earnings results on Thursday, May, 2nd. The Wireless communications provider reported ($0.01) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.02) by $0.01. The Wireless communications provider had revenue of $30.08 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, August 1st 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 shares. Their predictions range from $2.50 to $2.50. On average, they anticipate Globalstar's share price to reach $2.50 in the next twelve months. This suggests a possible upside of 346.4% 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 been trending somewhat positive on Monday, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Globalstar earned a news impact score of 1.4 on InfoTrie's scale. They also gave news headlines 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 effect on the stock's share price in the immediate future. View News Stories for Globalstar.

Are investors shorting Globalstar?

Globalstar saw a decline in short interest in the month of April. As of April 30th, there was short interest totalling 39,744,807 shares, a decline of 5.2% from the April 15th total of 41,904,505 shares. Based on an average daily trading volume, of 2,439,212 shares, the days-to-cover ratio is presently 16.3 days. Approximately 6.5% of the shares of the stock 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), Corbus Pharmaceuticals (CRBP), Immunomedics (IMMU), 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 variety of of institutional and retail investors. Top institutional investors include Beck Mack & Oliver LLC (1.37%), Columbia Pacific Advisors LLC (0.92%), SG Americas Securities LLC (0.17%), Alpine Global Management LLC (0.12%), Water Island Capital LLC (0.02%) and Water Island Capital LLC (0.02%). 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 selling Globalstar stock?

GSAT stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Beck Mack & Oliver LLC and Alpine Global Management LLC. 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 Columbia Pacific Advisors LLC, Water Island Capital LLC, Water Island Capital LLC and 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 $0.56.

How big of a company is Globalstar?

Globalstar has a market capitalization of $812.06 million. View Additional Information About Globalstar.

What is Globalstar's official website?

The official website for Globalstar is http://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:  159 (Vote Outperform)
Underperform Votes:  161 (Vote Underperform)
Total Votes:  320
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 6/17/2019 by MarketBeat.com Staff

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