Globalstar Company Profile (NYSEMKT:GSAT)

About Globalstar (NYSEMKT:GSAT)

Globalstar, Inc. (Globalstar) provides mobile satellite services (MSS), including voice and data communications services globally through satellite. The Company provides wireless communications services in areas not served or underserved by terrestrial wireless and wireline networks and in circumstances where terrestrial networks are not operational due to natural or man-made disasters. It offers voice and data communication services over its network of in-orbit satellites and its active ground stations (gateways), which it refers to collectively as the Globalstar System. The Company's services are available only with equipment designed to work on its network two-way voice communication and data transmissions (Duplex) using mobile or fixed devices, and one-way data transmissions (Simplex) using a mobile or fixed device that transmits its location and other information to a central monitoring station, including certain SPOT and Simplex products.

Industry, Sector and Symbol:

Sector: Telecommunications Services
Industry: Satellite Service Operators
Sub-Industry: N/A
Symbol: NYSEMKT:GSAT
CUSIP: N/A
Web: https://www.globalstar.com/

Capitalization:

Market Cap: $1.81 billion
Outstanding Shares: 1,115,635,000

Average Prices:

50 Day Moving Avg: $1.90
200 Day Moving Avg: $1.92
52 Week Range: $0.63 - $3.00

P/E:

Trailing P/E Ratio: N/A
Foreward P/E Ratio: -23.14
P/E Growth: -0.85

Profitability:

Net Margins: -351.08%
Return on Equity: -320.82%
Return on Assets: -35.30%

Misc:

Beta: 4.05

Frequently Asked Questions for Globalstar (NYSEMKT:GSAT)

What is Globalstar's stock symbol?

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

How were Globalstar's earnings last quarter?

Globalstar, Inc. (NYSEMKT:GSAT) released its quarterly earnings data on Thursday, February, 23rd. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by $0.09. The firm earned $24.40 million during the quarter, compared to analysts' expectations of $23.71 million. Globalstar had a negative net margin of 351.08% and a negative return on equity of 320.82%. Globalstar's revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.03) EPS. View Globalstar's Earnings History.

Where is Globalstar's stock going? Where will Globalstar's stock price be in 2017?

2 analysts have issued 12-month price objectives for Globalstar's stock. Their forecasts range from $2.50 to $2.50. On average, they expect Globalstar's share price to reach $2.50 in the next twelve months. View Analyst Ratings for Globalstar.

Who are some of Globalstar's key competitors?

Some companies that are related to Globalstar include Inmarsat Plc (ISAT), Straight Path Communications (STRP), Talktalk Telecom Group PLC (TALK), Telecom plus PLC (TEP), KCOM Group PLC (KCOM), Manx Telecom PLC (MANX), Eckoh PLC (ECK), Maintel Holdings plc (MAI), AdEPT Telecom plc (ADT), Satellite Solutions Worldwide Group PLC (SAT), Filtronic Plc (FTC), Avanti Communications Group PLC (AVN), Alternative Networks Plc (AN), Alteva (ALTV), BlackBerry Ltd (RIMM), BT Group plc (BT.A), Cable and Wireless Communications Plc (CWC) and Colt Group SA (COLT).

Who are Globalstar's key executives?

Globalstar's management team includes the folowing people:

James III Monroe III, Executive Chairman of the Board, Chief Executive Officer
Rebecca S. Clary, Chief Financial Officer, Vice President
L. Barbee Ponder IV, Vice President - Regulatory Affairs, General Counsel
Kyle Pickens, Vice President - Strategy and Communications
Richard S. Roberts, Corporate Secretary, Director
James F. Lynch, Director
William Albert Hasler, Independent Director
John M.R. Kneuer, Independent Director
J. Patrick Patrick McIntyre Jr., Independent Director
Kenneth M. Young, Independent Director

How do I buy Globalstar stock?

Shares of Globalstar can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Globalstar's stock price today?

One share of Globalstar stock can currently be purchased for approximately $1.62.

MarketBeat Community Rating for Globalstar (NYSEMKT GSAT)

Community Ranking:		3.1 out of 5 ( )
Outperform Votes:		70 (Vote Outperform)
Underperform Votes:		43 (Vote Underperform)
Total Votes:		113

MarketBeat's community ratings are surveys of what our community members think about Globalstar and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Consensus Ratings for Globalstar (NYSEMKT:GSAT) (How are Consensus Ratings Calculated?)

Ratings Breakdown:	2 Buy Ratings
Consensus Rating:	Buy (Score: 3.00)
Consensus Price Target:	$2.50

Analysts' Ratings History for Globalstar (NYSEMKT:GSAT)

Show:

Date	Firm	Action	Rating	Price Target	Details
2/24/2017	Chardan Capital	Upgrade	Neutral -> Buy	$2.50
11/24/2016	Aegis	Reiterated Rating	Buy

(Data available from 9/23/2015 forward)

Earnings History for Globalstar (NYSEMKT:GSAT)

Earnings by Quarter for Globalstar (NYSEMKT:GSAT)

Earnings History by Quarter for Globalstar (NYSEMKT GSAT)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
2/23/2017	Q4 2016	($0.02)	($0.11)	$23.71 million	$24.40 million	View	Listen
8/4/2016	Q2	($0.02)	$0.01	$24.48 million	$25.09 million	View	Listen
5/5/2016	Q1	($0.03)	($0.03)	$23.07 million	$21.80 million	View	Listen
2/25/2016	Q4	($0.03)	($0.03)	$23.69 million	$22.80 million	View	Listen
11/5/2015	Q315	($0.03)	$0.02	$24.64 million	$23.70 million	View	Listen
8/10/2015	Q215	($0.02)	$0.17	$25.62 million	$23.00 million	View	Listen
5/7/2015	Q115	($0.03)	($0.13)	$23.13 million	$21.00 million	View	N/A
3/2/2015	Q4	($0.03)	$0.08	$24.20 million	$22.10 million	View	Listen
11/6/2014	Q3	($0.03)	$0.11	$23.89 million	$23.40 million	View	Listen
8/11/2014	Q2	($0.04)	($0.48)	$21.67 million	$24.00 million	View	Listen
5/7/2014	Q1	($0.04)	($0.29)			View	Listen
11/13/2013	Q3	($0.05)	($0.30)			View	Listen
3/14/2013	Q4 12		($0.05)			View	N/A
11/14/2012	Q312	($0.06)	($0.10)	$19.50 million	$20.50 million	View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Globalstar (NYSEMKT:GSAT)

Current Year EPS Consensus Estimate: $-0.08 EPS
Next Year EPS Consensus Estimate: $-0.07 EPS

Dividend History for Globalstar (NYSEMKT:GSAT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trading and Institutional Ownership History for Globalstar (NYSEMKT:GSAT)

Insider Trades by Quarter for Globalstar (NYSEMKT:GSAT)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
3/10/2017	L Barbee Iv Ponder	General Counsel	Sell	86,770	$1.42	$123,213.40
3/2/2017	Rebecca Clary	CFO	Sell	34,274	$1.42	$48,669.08
5/17/2016	David B Kagan	COO	Buy	37,000	$2.75	$101,750.00
12/9/2015	James Monroe III	CEO	Buy	2,000,000	$1.85	$3,700,000.00
12/1/2015	James Monroe III	CEO	Buy	100,000	$2.16	$216,000.00
11/30/2015	James Monroe III	CEO	Buy	100,000	$2.19	$219,000.00
11/27/2015	James Monroe III	CEO	Buy	100,000	$2.17	$217,000.00
11/25/2015	James Monroe III	CEO	Buy	100,000	$2.12	$212,000.00
11/24/2015	James Monroe III	CEO	Buy	100,000	$2.09	$209,000.00
3/23/2015	Rebecca Clary	CFO	Sell	18,000	$3.50	$63,000.00
12/19/2014	James F Lynch	Director	Buy	12,371,136	$2.82	$34,886,603.52
12/17/2014	L Barbee Iv Ponder	General Counsel	Sell	1,485	$2.73	$4,054.05
12/17/2014	Rebecca Clary	CFO	Sell	1,146	$2.72	$3,117.12
11/17/2014	James F Lynch	Director	Buy	30,000	$2.86	$85,800.00
11/17/2014	James Monroe III	CEO	Buy	300,000	$2.84	$852,000.00
11/14/2014	James Monroe III	CEO	Buy	270,000	$2.91	$785,700.00
11/13/2014	James Monroe III	CEO	Buy	230,000	$2.82	$648,600.00
11/12/2014	J Patrick Mcintyre Jr	Director	Buy	40,000	$2.71	$108,400.00
11/12/2014	James Monroe III	CEO	Buy	210,000	$2.71	$569,100.00
11/12/2014	Richard S Roberts	Insider	Buy	50,800	$2.69	$136,652.00
11/11/2014	James Monroe III	CEO	Buy	175,000	$2.65	$463,750.00
11/11/2014	William A Hasler	Director	Buy	10,000	$2.62	$26,200.00
11/10/2014	James Monroe III	CEO	Buy	150,000	$2.59	$388,500.00
11/10/2014	John Kneuer	Director	Buy	15,500	$2.66	$41,230.00
8/18/2014	L Barbee Iv Ponder	General Counsel	Sell	8,043	$4.02	$32,332.86
5/21/2014	L Barbee Iv Ponder	General Counsel	Sell	150,000	$3.19	$478,500.00
5/16/2014	Anthony J Navarra	Insider	Sell	170,507	$2.36	$402,396.52
5/16/2014	Rebecca Clary	CAO	Sell	30,000	$3.13	$93,900.00
6/6/2013	John Kneuer	Director	Buy	65,000	$0.61	$39,650.00
5/28/2013	Anthony J Navarra	Insider	Sell	50,000	$0.48	$24,000.00

(Data available from 1/1/2013 forward)

Headline Trends for Globalstar (NYSEMKT:GSAT) Latest Headlines for Globalstar (NYSEMKT:GSAT)

Source:

Date	Headline
	Globalstar, Inc. (GSAT) Lowered to "Strong Sell" at BidaskClub www.americanbankingnews.com - September 9 at 4:16 PM
	University of Mississippi and Globalstar Announce Strategic ... - GlobeNewswire (press release) globenewswire.com - August 30 at 9:43 PM
	University of Mississippi and Globalstar Announce Strategic Partnership - GlobeNewswire (press release) www.globenewswire.com - August 30 at 4:41 PM
	GlobalStar (GSAT) Says Japan's MIC Published Radio Regulations to Support its Mobile Satellite Services in Japan - StreetInsider.com www.streetinsider.com - August 29 at 7:43 PM
	Japan’s MIC Publishes Radio Regulations to Support Globalstar Mobile Satellite Services in Japan finance.yahoo.com - August 29 at 7:43 PM
	ETFs with exposure to Globalstar, Inc. : August 28, 2017 finance.yahoo.com - August 28 at 6:55 PM
	ETFs with exposure to Globalstar, Inc. : August 18, 2017 finance.yahoo.com - August 18 at 7:04 PM
	See what the IHS Markit Score report has to say about Globalstar Inc. finance.yahoo.com - August 9 at 7:27 PM
	Globalstar's (GSAT) CEO James Monroe On Q2 2017 Results - Earnings Call Transcript seekingalpha.com - August 4 at 7:30 PM
	Edited Transcript of GSAT earnings conference call or presentation 3-Aug-17 9:00pm GMT finance.yahoo.com - August 4 at 5:16 AM
	Globalstar reports 2Q loss finance.yahoo.com - August 4 at 5:16 AM
	Globalstar -7.1% after derivatives lead to wider loss - Seeking Alpha seekingalpha.com - August 4 at 12:15 AM
	EARNINGS SUMMARY: Details of Globalstar Inc. Q2 Earnings Report www.rttnews.com - August 3 at 7:13 PM
	Globalstar Announces Second Quarter 2017 Results - GlobeNewswire (press release) globenewswire.com - August 3 at 7:13 PM
	Investor Network: Globalstar, Inc. to Host Earnings Call finance.yahoo.com - August 3 at 7:13 PM
	Globalstar Announces Second Quarter 2017 Results finance.yahoo.com - August 3 at 7:13 PM
	Globalstar, Inc. Earnings Call Release Notice - GlobeNewswire (press release) globenewswire.com - July 31 at 6:47 PM
	ETFs with exposure to Globalstar, Inc. : July 24, 2017 finance.yahoo.com - July 24 at 9:20 PM
	ETFs with exposure to Globalstar, Inc. : July 14, 2017 finance.yahoo.com - July 14 at 8:15 PM
	Globalstar, Inc. breached its 50 day moving average in a Bullish Manner : GSAT-US : July 11, 2017 finance.yahoo.com - July 11 at 8:36 PM
	Globalstar -3.4% as filing details lending changes - Seeking Alpha seekingalpha.com - July 9 at 5:55 AM
	Globalstar, Inc. (GSAT) Downgraded by BidaskClub www.americanbankingnews.com - July 8 at 6:32 PM
	ETFs with exposure to Globalstar, Inc. : July 3, 2017 finance.yahoo.com - July 3 at 6:52 PM
	Globalstar, Inc. – Value Analysis (NYSE MKT:GSAT) : July 3, 2017 finance.yahoo.com - July 3 at 6:52 PM
	Globalstar, Inc. breached its 50 day moving average in a Bearish Manner : GSAT-US : June 30, 2017 finance.yahoo.com - June 30 at 7:24 PM
	Why Is No One Talking About Globalstar, Inc. Stock? finance.yahoo.com - June 30 at 7:24 PM
	BidaskClub Upgrades Globalstar, Inc. (GSAT) to Buy www.americanbankingnews.com - June 24 at 6:44 PM
	Pivotal Commware Lands $17M Series A From The Thermo Companies - DIG Investments - Bill Gates and Others www.prnewswire.com - June 16 at 6:18 PM
	ETFs with exposure to Globalstar, Inc. : June 2, 2017 finance.yahoo.com - June 2 at 6:53 PM
	Peek Under The Hood: VOX Has 11% Upside www.nasdaq.com - May 30 at 10:55 AM
	Q1 Post-Earnings seekingalpha.com - May 29 at 9:59 AM
	ETFs with exposure to Globalstar, Inc. : May 22, 2017 finance.yahoo.com - May 22 at 5:05 PM
	Solus CEO Says GSAT Spectrum May Appeal to Amazon finance.yahoo.com - May 19 at 9:56 AM
	Why Globalstar, Inc. Stock Popped Today - Motley Fool www.fool.com - May 14 at 8:49 AM
	Noteworthy Friday Option Activity: AXDX, GSAT, BURL www.nasdaq.com - May 12 at 6:13 PM
	Wireless spectrum holder Globalstar explores sale - Bloomberg www.reuters.com - May 12 at 6:13 PM
	Globalstar Works With Advisers to Explore Potential Sale finance.yahoo.com - May 12 at 6:13 PM
	Globalstar jumps 17% on report of sale process - Seeking Alpha seekingalpha.com - May 12 at 6:13 PM
	Why AstraZeneca, Globalstar, and Snap Jumped Today finance.yahoo.com - May 12 at 6:13 PM
	Globalstar Shares Pull Back as Bidding War for Straight Path Ends finance.yahoo.com - May 11 at 6:08 PM
	ETFs with exposure to Globalstar, Inc. : May 11, 2017 finance.yahoo.com - May 11 at 6:08 PM
	Globalstar, Inc. :GSAT-US: Earnings Analysis: Q1, 2017 By the Numbers : May 9, 2017 finance.yahoo.com - May 9 at 12:41 PM
	Globalstar, Inc. (GSAT) finance.yahoo.com - May 5 at 4:07 PM
	Technical Reports on Wireless Communications Stocks -- Sprint, Globalstar, Vodafone and T-Mobile US www.bizjournals.com - May 5 at 4:07 PM
	Globalstar Q1 Net Loss Narrows www.nasdaq.com - May 4 at 12:01 PM
	Globalstar -5.6% despite narrowing loss in Q1 - Seeking Alpha seekingalpha.com - May 4 at 12:01 PM
	Could Globalstar be a Takeover Target finance.yahoo.com - May 1 at 1:00 PM
	Globalstar, Straight Path climbing amid spectrum battle - Seeking Alpha seekingalpha.com - April 26 at 7:49 PM
	Globalstar Stock Jumps Amid Talk of Straight Path Bidding War finance.yahoo.com - April 17 at 5:01 PM
	University of Miami Continues to Rely on SPOT for Oceanic Flow Study in the Gulf of Mexico finance.yahoo.com - April 11 at 5:20 PM