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NYSEAMERICAN:GSAT

Globalstar Stock Forecast, Price & News

$1.04
-0.20 (-16.13 %)
(As of 01/22/2021 12:00 AM ET)
Add
Compare
Today's Range
$1.01
Now: $1.04
$1.15
50-Day Range
$0.32
MA: $0.35
$0.38
52-Week Range
$0.23
Now: $1.04
$1.48
Volume85.10 million shs
Average Volume67.20 million shs
Market Capitalization$1.74 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.44
Globalstar, Inc. provides mobile satellite 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 usage, safety, emergency preparedness and response, and other applications; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and satellite data modem services comprising asynchronous and packet data services. It also provides SPOT consumer retail 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 Internet of Things one-way transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets. Further, it sells wholesale minutes to independent gateway operators (IGOs); and provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company distributes its products directly, as well as through independent agents, dealers and resellers, retailers, IGOs, and its sales force and e-commerce Website. As of December 31, 2019, it had approximately 775,000 subscribers. The company primarily serves recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, and forestry markets. Globalstar, Inc. was founded in 2003 and is headquartered in Covington, Louisiana.
Globalstar logo

MarketRank

Overall MarketRank

0.75 out of 5 stars

Computer And Technology Sector

810th out of 1,506 stocks

Communication Services, Not Elsewhere Classified Industry

15th out of 33 stocks

Analyst Opinion: 0.5Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.0 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN
Industry Communication services, not elsewhere classified
Sub-IndustryN/A
Current SymbolNYSEAMERICAN:GSAT
CUSIPN/A
Phone(985) 335-1500
Employees336

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$131.72 million
Book Value$0.28 per share

Profitability

Net Income$15.32 million

Miscellaneous

Outstanding Shares1,670,405,000
Market Cap$1.74 billion
Next Earnings Date2/25/2021 (Estimated)
OptionableOptionable
$1.04
-0.20 (-16.13 %)
(As of 01/22/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Globalstar (NYSEAMERICAN:GSAT) Frequently Asked Questions

How has Globalstar's stock been impacted by COVID-19 (Coronavirus)?

Globalstar's stock was trading at $0.31 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, GSAT stock has increased by 235.5% and is now trading at $1.04.
View which stocks have been most impacted by COVID-19
.

Is Globalstar a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Globalstar in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" Globalstar stock.
View analyst ratings for Globalstar
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Globalstar?

Wall Street analysts have given Globalstar a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Globalstar wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Globalstar's next earnings date?

Globalstar is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for Globalstar
.

How were Globalstar's earnings last quarter?

Globalstar, Inc. (NYSEAMERICAN:GSAT) released its earnings results on Friday, November, 6th. The Wireless communications provider reported ($0.01) earnings per share for the quarter, hitting the consensus estimate of ($0.01). The Wireless communications provider had revenue of $32.76 million for the quarter. Globalstar had a negative net margin of 98.82% and a negative trailing twelve-month return on equity of 27.62%.
View Globalstar's earnings history
.

What price target have analysts set for GSAT?

1 Wall Street analysts have issued 1-year price targets for Globalstar's shares. Their forecasts range from $0.55 to $0.55. On average, they expect Globalstar's share price to reach $0.55 in the next year. This suggests that the stock has a possible downside of 47.1%.
View analysts' price targets for Globalstar
or view Wall Street analyst' top-rated stocks.

Who are some of Globalstar's key competitors?

What other stocks do shareholders of Globalstar own?

Who are Globalstar's key executives?

Globalstar's management team includes the following people:
  • Mr. James Monroe III, Exec. Chairman (Age 65, Pay $50k)
  • Mr. David B. Kagan, Chief Exec. Officer (Age 58, Pay $511.05k)
  • Ms. Rebecca S. Clary, VP & CFO (Age 41, Pay $300.2k)
  • Mr. L. Barbee Ponder IV, Gen. Counsel & VP of Regulatory Affairs (Age 53)
  • Mr. Timothy Evan Taylor, VP of Fin., Bus. Operations & Strategy and Director (Age 37, Pay $50k)
  • Mr. Wen Doong, Sr. VP of Engineering & Operations
  • Mr. James A. Seese II, VP of Admin.
  • Mr. Kyle Pickens CFA, VP of Strategy & Communications
  • Mr. Richard S. Roberts, Corp. Sec. (Age 74)

What is Globalstar's stock symbol?

Globalstar trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "GSAT."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Globalstar's stock price today?

One share of GSAT stock can currently be purchased for approximately $1.04.

How big of a company is Globalstar?

Globalstar has a market capitalization of $1.74 billion and generates $131.72 million in revenue each year. The Wireless communications provider earns $15.32 million in net income (profit) each year or ($0.16) on an earnings per share basis. Globalstar employs 336 workers across the globe.

What is Globalstar's official website?

The official website for Globalstar is 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 or via email at [email protected]

This page was last updated on 1/22/2021 by MarketBeat.com Staff

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