NYSEAMERICAN:GSATGlobalstar Stock Price, Forecast & News

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.

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

Globalstar, Inc. (NYSEAMERICAN:GSAT) released its quarterly earnings results on Thursday, May, 7th. The Wireless communications provider reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by $0.00. The Wireless communications provider earned $32.19 million during the quarter. View Globalstar's earnings history.

1 analysts have issued twelve-month price objectives for Globalstar's stock. Their forecasts range from $0.56 to $0.56. On average, they anticipate Globalstar's stock price to reach $0.56 in the next year. This suggests a possible upside of 75.0% from the stock's current price. View analysts' price targets for Globalstar.

Media headlines about GSAT stock have been trending extremely negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Globalstar earned a media sentiment score of -4.6 on InfoTrie's scale. They also assigned news headlines 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 stock's share price in the near future. View the latest news aboutGlobalstar.

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.

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).

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

Globalstar's stock is owned by a number of 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.

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.

GSAT stock was acquired 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.

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.

One share of GSAT stock can currently be purchased for approximately $0.32.

Globalstar has a market capitalization of $533.97 million.

The official website for Globalstar is www.globalstar.com.

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.