Globalstar Company Profile (NYSEMKT:GSAT)

About Globalstar

Globalstar logoGlobalstar, Inc. provides mobile satellite services, 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 provides various communications services through satellite, which include 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, which includes certain SPOT and Simplex products. It offers voice and data communication services over its network of in-orbit satellites and its active ground stations (gateways). It also offers hardware and software designs to develop specific applications operating over its network.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Wireless Communications
  • Sub-Industry: N/A
  • Exchange: NYSEMKT
  • Symbol: GSAT
  • CUSIP:
Key Metrics:
  • Previous Close: $1.38
  • 50 Day Moving Average: $1.48
  • 200 Day Moving Average: $1.24
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -19.71
  • P/E Growth: -1.15
  • Market Cap: $N/A
  • Beta: 4.05
Additional Links:
Companies Related to Globalstar:

Analyst Ratings

Consensus Ratings for Globalstar (NYSEMKT:GSAT) (?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $2.50

Analysts' Ratings History for Globalstar (NYSEMKT:GSAT)
Show:
DateFirmActionRatingPrice TargetDetails
2/24/2017Chardan CapitalUpgradeNeutral -> Buy$2.50View Rating Details
1/26/2016AegisReiterated RatingBuyView Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Globalstar (NYSEMKT:GSAT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017        
2/23/2017Q4 2016($0.02)($0.11)$23.71 million$24.40 millionViewListenView Earnings Details
8/4/2016Q2($0.02)$0.01$24.48 million$25.09 millionViewListenView Earnings Details
5/5/2016Q1($0.03)($0.03)$23.07 million$21.80 millionViewListenView Earnings Details
2/25/2016Q4($0.03)($0.03)$23.69 million$22.80 millionViewListenView Earnings Details
11/5/2015Q315($0.03)$0.02$24.64 million$23.70 millionViewListenView Earnings Details
8/10/2015Q215($0.02)$0.17$25.62 million$23.00 millionViewListenView Earnings Details
5/7/2015Q115($0.03)($0.13)$23.13 million$21.00 millionViewN/AView Earnings Details
3/2/2015Q4($0.03)$0.08$24.20 million$22.10 millionViewListenView Earnings Details
11/6/2014Q3($0.03)$0.11$23.89 million$23.40 millionViewListenView Earnings Details
8/11/2014Q2($0.04)($0.48)$21.67 million$24.00 millionViewListenView Earnings Details
5/7/2014Q1($0.04)($0.29)ViewListenView Earnings Details
11/13/2013Q3($0.05)($0.30)ViewListenView Earnings Details
3/14/2013Q4 12($0.05)ViewN/AView Earnings Details
11/14/2012Q312($0.06)($0.10)$19.50 million$20.50 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Globalstar (NYSEMKT:GSAT)
Current Year EPS Consensus Estimate: $-0.09 EPS
Next Year EPS Consensus Estimate: $-0.07 EPS

Dividends

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

Insider Trades

Insider Trading History for Globalstar (NYSEMKT:GSAT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/17/2016David B KaganCOOBuy37,000$2.75$101,750.00View SEC Filing  
12/9/2015James Monroe IIICEOBuy2,000,000$1.85$3,700,000.00View SEC Filing  
12/1/2015James Monroe IIICEOBuy100,000$2.16$216,000.00View SEC Filing  
11/30/2015James Monroe IIICEOBuy100,000$2.19$219,000.00View SEC Filing  
11/27/2015James Monroe IIICEOBuy100,000$2.17$217,000.00View SEC Filing  
11/25/2015James Monroe IIICEOBuy100,000$2.12$212,000.00View SEC Filing  
11/24/2015James Monroe IIICEOBuy100,000$2.09$209,000.00View SEC Filing  
3/23/2015Rebecca ClaryCFOSell18,000$3.50$63,000.00View SEC Filing  
12/19/2014James F LynchDirectorBuy12,371,136$2.82$34,886,603.52View SEC Filing  
12/17/2014L Barbee Iv PonderGeneral CounselSell1,485$2.73$4,054.05View SEC Filing  
12/17/2014Rebecca ClaryCFOSell1,146$2.72$3,117.12View SEC Filing  
11/17/2014James F LynchDirectorBuy30,000$2.86$85,800.00View SEC Filing  
11/17/2014James Monroe IIICEOBuy300,000$2.84$852,000.00View SEC Filing  
11/14/2014James Monroe IIICEOBuy270,000$2.91$785,700.00View SEC Filing  
11/13/2014James Monroe IIICEOBuy230,000$2.82$648,600.00View SEC Filing  
11/12/2014J Patrick Mcintyre JrDirectorBuy40,000$2.71$108,400.00View SEC Filing  
11/12/2014James Monroe IIICEOBuy210,000$2.71$569,100.00View SEC Filing  
11/12/2014Richard S RobertsInsiderBuy50,800$2.69$136,652.00View SEC Filing  
11/11/2014James Monroe IIICEOBuy175,000$2.65$463,750.00View SEC Filing  
11/11/2014William A HaslerDirectorBuy10,000$2.62$26,200.00View SEC Filing  
11/10/2014James Monroe IIICEOBuy150,000$2.59$388,500.00View SEC Filing  
11/10/2014John KneuerDirectorBuy15,500$2.66$41,230.00View SEC Filing  
8/18/2014L Barbee Iv PonderGeneral CounselSell8,043$4.02$32,332.86View SEC Filing  
5/21/2014L Barbee Iv PonderGeneral CounselSell150,000$3.19$478,500.00View SEC Filing  
5/16/2014Anthony J NavarraInsiderSell170,507$2.36$402,396.52View SEC Filing  
5/16/2014Rebecca ClaryCAOSell30,000$3.13$93,900.00View SEC Filing  
6/6/2013John KneuerDirectorBuy65,000$0.61$39,650.00View SEC Filing  
5/28/2013Anthony J NavarraInsiderSell50,000$0.48$24,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Globalstar (NYSEMKT:GSAT)
DateHeadline
News IconSquare, Inc. (SQ) Given New $19.00 Price Target at Wedbush (NYSEMKT:GSAT)
nyhetsbanken.info - February 26 at 8:50 AM
News Icon'Cloudbleed' bug may have leaked your personal data all over the internet (NYSEMKT:GSAT)
nyhetsbanken.info - February 25 at 5:21 PM
News IconNaomie Harris Talks Daniel Craig's James Bond Return (NYSEMKT:GSAT)
eleganthomesinla.com - February 25 at 5:21 PM
News IconUntied shoelcace leads to embarrassing moment on basketball court (NYSEMKT:GSAT)
giftedviz.com - February 25 at 5:21 PM
4-traders.com logoGlobalstar : reports 4Q loss (NYSEMKT:GSAT)
www.4-traders.com - February 25 at 5:21 PM
News IconErratic Volume Takes A Hold of This Stock: Globalstar, Inc. (:GSAT) - Aiken Advocate (NYSEMKT:GSAT)
aikenadvocate.com - February 24 at 6:51 PM
News IconOcwen Financial Corp (OCN) Shares Gap Up Following Earnings Beat (NYSEMKT:GSAT)
www.graffiotech.com - February 24 at 6:51 PM
News IconGlobalstar-enabled SafeFleet Telematics to Track Vehicles and Protect Staff selected by two EU Peacekeeping Forces (NYSEMKT:GSAT)
spacewatchme.com - February 24 at 6:51 PM
us.rd.yahoo.com logoGlobalStar upgraded by Chardan Capital Markets (NYSEMKT:GSAT)
us.rd.yahoo.com - February 24 at 6:51 PM
News IconSteady Activities: CEMEX, SAB de CV (NYSE:CX), Globalstar Inc. (NYSEMKT:GSAT) - The Newburgh Press (NYSEMKT:GSAT)
newburghpress.com - February 24 at 10:48 AM
News IconTwo EU Peacekeeping Forces Select Globalstar-enabled SafeFleet Telematics to Track Vehicles and Protect Staff (NYSEMKT:GSAT)
www.pressreleasepoint.com - February 24 at 10:47 AM
finance.yahoo.com logoEdited Transcript of GSAT earnings conference call or presentation 23-Feb-17 10:00pm GMT (NYSEMKT:GSAT)
finance.yahoo.com - February 24 at 10:47 AM
News IconTrending Stock Analysis: Globalstar Inc. (NYSEMKT:GSAT) - StandardOracle (NYSEMKT:GSAT)
standardoracle.com - February 23 at 10:36 PM
News IconTrading Notes – Active Stock Recap on Shares of Globalstar, Inc. (:GSAT) - Winfield Review (NYSEMKT:GSAT)
winfieldreview.com - February 23 at 10:36 PM
globenewswire.com logoGlobalstar Announces 2016 Fourth Quarter and Annual Results - GlobeNewswire (press release) (NYSEMKT:GSAT)
globenewswire.com - February 23 at 10:36 PM
seekingalpha.com logoGlobalstar +1.5% as Q4 revenue grows, beats expectations - Seeking Alpha (NYSEMKT:GSAT)
seekingalpha.com - February 23 at 10:36 PM
rttnews.com logoEARNINGS SUMMARY: Details of Globalstar Inc. Q4 Earnings Report (NYSEMKT:GSAT)
www.rttnews.com - February 23 at 5:32 PM
4-traders.com logoGLOBALSTAR : ANNOUNCES 2016 FOURTH QUARTER AND ANNUAL RESULTS (NYSEMKT:GSAT)
www.4-traders.com - February 23 at 5:32 PM
biz.yahoo.com logoQ4 2016 Globalstar Inc Earnings Release - After Market Close (NYSEMKT:GSAT)
us.rd.yahoo.com - February 23 at 5:32 PM
us.rd.yahoo.com logoGlobalstar Announces 2016 Fourth Quarter and Annual Results (NYSEMKT:GSAT)
us.rd.yahoo.com - February 23 at 5:32 PM
biz.yahoo.com logoGLOBALSTAR, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NYSEMKT:GSAT)
us.rd.yahoo.com - February 23 at 5:32 PM
News IconTwo Stocks in Focus: Globalstar Inc. (NYSEMKT:GSAT), Hecla Mining Co. (NYSE:HL) - The Newburgh Press (NYSEMKT:GSAT)
newburghpress.com - February 22 at 1:00 PM
News IconPast 5 Year EPS Growth Rate of Globalstar Inc. (NYSEMKT:GSAT) is 16.8% - The Oracle Examiner (NYSEMKT:GSAT)
oracleexaminer.com - February 22 at 1:00 PM
News IconTaking a Look at the Data Behind Globalstar, Inc. (GSAT) - StockNewsJournal (NYSEMKT:GSAT)
stocknewsjournal.com - February 22 at 1:00 PM
News IconStock Chalking up Significant Action in Session: Globalstar, Inc. (:GSAT) - Winfield Review (NYSEMKT:GSAT)
winfieldreview.com - February 18 at 12:20 PM
News IconGlobalstar, Inc. (GSAT) held by 34 SEC 13F Filers - Post Analyst (NYSEMKT:GSAT)
postanalyst.com - February 18 at 12:20 PM
4-traders.com logoGLOBALSTAR : EARNINGS CALL RELEASE NOTICE (NYSEMKT:GSAT)
www.4-traders.com - February 18 at 12:20 PM
nasdaq.com logoBrighton Jones Llc Buys JPMorgan Chase Capital XVI JP Morgan Alerian MLP E, Webster Financial, ... (NYSEMKT:GSAT)
www.nasdaq.com - February 18 at 12:20 PM
finance.yahoo.com logoGlobalstar, Inc. Earnings Call Release Notice (NYSEMKT:GSAT)
finance.yahoo.com - February 18 at 12:20 PM
News IconIn focus: Globalstar, Inc. (GSAT) Trading Patterns - Post Analyst (NYSEMKT:GSAT)
postanalyst.com - February 17 at 4:07 PM
News IconWhich insiders are buying Globalstar, Inc. (GSAT)? - Post Analyst (NYSEMKT:GSAT)
postanalyst.com - February 17 at 8:45 AM
News IconStocks News Update: Globalstar Inc. (NYSEMKT:GSAT), Memorial Production Partners LP (NASDAQ:MEMP) - The Newburgh Press (NYSEMKT:GSAT)
newburghpress.com - February 17 at 8:45 AM
News IconEarnings And Analyst Opinion Offer Spending Insights: Globalstar, Inc. (GSAT), the Rubicon Project, Inc. (RUBI) - Post Analyst (NYSEMKT:GSAT)
postanalyst.com - February 17 at 8:45 AM
istreetwire.com logoStocks In Action: Globalstar, Inc. (GSAT), Steel Dynamics, Inc. (STLD), Intrepid Potash, Inc. (IPI) - iStreetWire (NYSEMKT:GSAT)
istreetwire.com - February 15 at 4:52 AM
News IconA Technical Look At 2 Stocks: Globalstar, Inc. (GSAT), Intrepid Potash, Inc. (IPI) - Post Analyst (NYSEMKT:GSAT)
postanalyst.com - February 14 at 11:48 PM
News IconNumbers in Focus for Globalstar, Inc. (AMEX:GSAT) - Midway Monitor (NYSEMKT:GSAT)
midwaymonitor.com - February 14 at 11:48 PM
News IconSignal Watch: Checking the Numbers for Globalstar Inc. (GSAT) - Rives Journal (NYSEMKT:GSAT)
rivesjournal.com - February 13 at 6:28 PM
capitalcube.com logoGlobalstar, Inc. breached its 50 day moving average in a Bearish Manner : GSAT-US : February 13, 2017 (NYSEMKT:GSAT)
www.capitalcube.com - February 13 at 11:42 AM
4-traders.com logoTelefonica Brasil : Wireless Communications Stocks Under Review -- Sprint, Globalstar, T-Mobile US, and Telefonica Brasil (NYSEMKT:GSAT)
www.4-traders.com - February 9 at 6:24 PM
News IconWireless Communications Stocks Under Review -- Sprint, Globalstar, T-Mobile US, and Telefonica Brasil (NYSEMKT:GSAT)
www.mobilitytechzone.com - February 8 at 6:07 PM
News IconStock Scanner: Watching the Numbers on Globalstar Inc. (GSAT) - Rives Journal (NYSEMKT:GSAT)
rivesjournal.com - February 7 at 11:53 PM
wallstrt24.com logoEye Catching Stocks Arconic Inc (NYSE:ARNC), Globalstar, Inc. (NYSEMKT:GSAT) - Wall Street 24 (NYSEMKT:GSAT)
wallstrt24.com - February 7 at 6:50 PM
News IconGlobalstar Inc. (NYSEMKT:GSAT) traded with Volume of 3.83 Million shares in Last Trading Session - The Newburgh Press (NYSEMKT:GSAT)
newburghpress.com - February 7 at 6:50 PM
finance.yahoo.com logoSPOT Satellite Devices Set New Safety Record with 274 Rescues in Canada in 2016 (NYSEMKT:GSAT)
finance.yahoo.com - February 7 at 6:50 PM
istreetwire.com logoStocks Under Review: Range Resources Corporation (RRC), Globalstar, Inc. (GSAT), PulteGroup, Inc. (PHM) - iStreetWire (NYSEMKT:GSAT)
istreetwire.com - February 6 at 5:35 PM
News IconStock Price of Globalstar, Inc. (GSAT) Decreases -5.42% - Highland Mirror (NYSEMKT:GSAT)
www.highlandmirror.com - February 6 at 10:57 AM
News IconStock Seeing Amplified Volume in Session: Sirius XM Holdings Inc. (NASDAQ:SIRI) (NYSEMKT:GSAT)
vgtoday.net - February 2 at 6:08 PM
News IconStock Vacillating as Volatility Hits a High Point For Globalstar, Inc. (:GSAT) - Wall Street Beacon (NYSEMKT:GSAT)
wsbeacon.com - January 31 at 6:12 PM
News IconStocks to Watch For: Globalstar Inc. (NYSEMKT:GSAT), Whiting Petroleum Corp. (NYSE:WLL) - The Newburgh Press (NYSEMKT:GSAT)
newburghpress.com - January 30 at 6:16 PM
News IconHigh Volatility Moving the Needle For Shares of Globalstar, Inc. (:GSAT) - Wall Street Beacon (NYSEMKT:GSAT)
wsbeacon.com - January 30 at 11:38 AM

Social

What is Globalstar's stock symbol?

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

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

1 brokers have issued 1 year price targets 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 year.

When will Globalstar announce their earnings?

Globalstar is scheduled to release their next quarterly earnings announcement on Wednesday, May, 3rd 2017.

What are analysts saying about Globalstar stock?

Here are some recent quotes from research analysts about Globalstar stock:

  • Chardan Capital analysts commented, "We are raising our recommendation on Globalstar to Buy with a $2.50 price target. The price target assumes a constellation valuation of 7.5x EBITDA, or $200 million and values the US terrestrial spectrum at $1.00/MHz-POP. We are placing no value on the company's international spectrum that could be re-allocated for terrestrial usage, but obviously this would drive valuation much higher."Q4 results were better than expected, with revenue higher, gross profit higher and EBITDA higher than anticipated. Average subs werea bit lighter than expected, but ARPU better than expected. We expect continued growth this year as the company introduces new products and services based on its second-gen network as well as expansion in existing geographies." (2/24/2017)
  • According to Zacks Investment Research, "GLOBALSTAR INC offers satellite voice and data services to commercial and recreational users in more than 120 countries around the world. Globalstar's products include mobile and fixed satellite telephones, simplex and duplex satellite data modems and flexible service packages. Many land based and maritime industries benefit from Globalstar with increased productivity from remote areas beyond cellular and landline service. Global customer segments include: oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity as well as individual recreational users. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring and SCADA applications. " (7/11/2016)

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.

How much does a share of Globalstar stock cost?

One share of Globalstar stock can currently be purchased for approximately $1.38.


Last Updated on 2/27/2017 by MarketBeat.com Staff