NYSEAMERICAN:GSATGlobalstar Stock Price, Forecast & News

$0.31

-0.01 (-3.50 %)

(As of 06/4/2020 01:07 PM ET)

Add

Compare

Today's Range

$0.30

Now: $0.31▼

$0.32

50-Day Range N/A

52-Week Range

$0.23

Now: $0.31▼

$0.63

Volume57,493 shs

Average Volume1.41 million shs

Market Capitalization$515.28 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.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

Consensus Rating
Globalstar has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $0.56, Globalstar has a potential upside of 81.3% from its current price of $0.31.
Amount of Analyst Coverage
Globalstar has only been the subject of 1 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
Globalstar has received 175 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Globalstar has received 184 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Globalstar has received 51.25% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Globalstar does not currently pay a dividend.
Dividend Growth
Globalstar does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Globalstar insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

1.08 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN

Industry Telecom Services

Sub-IndustryN/A

SectorCommunication Services

Current SymbolNYSEAMERICAN:GSAT

Previous Symbol

CUSIPN/A

CIK1366868

Webwww.globalstar.com

Phone(985) 335-1500

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 / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares1,668,658,000

Market Cap$515.28 million

Next Earnings Date8/14/2020 (Estimated)

OptionableOptionable

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.

Globalstar (NYSEAMERICAN:GSAT) Frequently Asked Questions

Do Wall Street analysts recommend investors buy shares of 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.

When is Globalstar's next earnings date?

Globalstar is scheduled to release its next quarterly earnings announcement on Friday, August 14th 2020. View our earnings forecast for Globalstar.

How were Globalstar's earnings last quarter?

Globalstar, Inc. (NYSEAMERICAN:GSAT) posted its earnings results on Thursday, May, 7th. The Wireless communications provider reported ($0.02) EPS for the quarter, missing the Zacks' consensus estimate of ($0.02) by $0.00. The Wireless communications provider had revenue of $32.19 million for the quarter. View Globalstar's earnings history.

What price target have analysts set for GSAT?

1 brokerages have issued 12-month price targets for Globalstar's shares. Their forecasts range from $0.56 to $0.56. On average, they anticipate Globalstar's share price to reach $0.56 in the next year. This suggests a possible upside of 81.3% from the stock's current price. View analysts' price targets for Globalstar.

Has Globalstar been receiving favorable news coverage?

Media stories about GSAT stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Globalstar earned a coverage optimism score of 1.7 on InfoTrie's scale. They also gave news stories about the Wireless communications provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutGlobalstar.

Who are some of Globalstar's key competitors?

Some companies that are related to Globalstar include Hutchison (HTA), Airtel Africa (AAF), Airtel Africa (HTWS), Spirent Communications (SPT), Cogeco (CGO), Talktalk Telecom Group (TALK), KCOM Group (KCOM), Macquarie Telecom Group (MAQ), Opticomm (OPC), Uniti Wireless (UWL), MNF Group (MNF), Superloop (SLC), Tele Columbus (TC1), Manx Telecom (MANX) and Zegona Communications (ZEG). View all 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), Advanced Micro Devices (AMD), Celgene (CELG), Inovio Pharmaceuticals (INO), General Electric (GE), Chesapeake Energy (CHK), ACADIA Pharmaceuticals (ACAD) and Johnson & Johnson (JNJ).

Who are Globalstar's key executives?

Globalstar's management team includes the following 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

What is Globalstar's stock symbol?

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

Who are Globalstar's major shareholders?

Globalstar's stock is owned by many different retail and institutional investors. Top institutional shareholders include Mudrick Capital Management L.P. (6.54%), Beck Mack & Oliver LLC (1.17%), BlackRock Inc. (0.82%), Mason Capital Management LLC (0.53%), Geode Capital Management LLC (0.30%) and State Street Corp (0.09%). Company insiders that own Globalstar stock include Benjamin G Wolff, James Monroe III and L Barbee Iv Ponder. View institutional ownership trends for Globalstar.

Which major investors are selling Globalstar stock?

GSAT stock was sold by a variety of institutional investors in the last quarter, including Mason Capital Management LLC, Mudrick Capital Management L.P., Telemetry Investments L.L.C., Geode Capital Management LLC, and Cowen AND Company LLC. View insider buying and selling activity for Globalstar.

Which major investors are buying Globalstar stock?

GSAT stock was bought by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, BlackRock Inc., WINTON GROUP Ltd, Arizona State Retirement System, State Street Corp, UBS Group AG, and Beck Mack & Oliver LLC. Company insiders that have bought Globalstar stock in the last two years include Benjamin G Wolff, and James Monroe III. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Globalstar's stock price today?

One share of GSAT stock can currently be purchased for approximately $0.31.

How big of a company is Globalstar?

Globalstar has a market capitalization of $515.28 million.

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.

This page was last updated on 6/4/2020 by MarketBeat.com Staff