Globalstar Company Profile (NYSEMKT:GSAT)

About Globalstar (NYSEMKT:GSAT)

Globalstar logoGlobalstar, 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:
  • 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
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -23.14
  • P/E Growth: -0.85
  • Net Margins: -351.08%
  • Return on Equity: -320.82%
  • Return on Assets: -35.30%
  • 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?

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 (star star star)
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.

Analyst Ratings

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)
DateFirmActionRatingPrice TargetDetails
2/24/2017Chardan CapitalUpgradeNeutral -> Buy$2.50View Rating Details
11/24/2016AegisReiterated RatingBuyView Rating Details
(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)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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)


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

Insider Trades

Insider Trading and Institutional Ownership History for Globalstar (NYSEMKT:GSAT)
Insider Trades by Quarter for Globalstar (NYSEMKT:GSAT)
Insider Trades by Quarter for Globalstar (NYSEMKT:GSAT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/10/2017L Barbee Iv PonderGeneral CounselSell86,770$1.42$123,213.40View SEC Filing  
3/2/2017Rebecca ClaryCFOSell34,274$1.42$48,669.08View SEC Filing  
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)


Headline Trends for Globalstar (NYSEMKT:GSAT)
Latest Headlines for Globalstar (NYSEMKT:GSAT)
DateHeadline logoGlobalstar, Inc. (GSAT) Lowered to "Strong Sell" at BidaskClub - September 9 at 4:16 PM logoUniversity of Mississippi and Globalstar Announce Strategic ... - GlobeNewswire (press release) - August 30 at 9:43 PM logoUniversity of Mississippi and Globalstar Announce Strategic Partnership - GlobeNewswire (press release) - August 30 at 4:41 PM logoGlobalStar (GSAT) Says Japan's MIC Published Radio Regulations to Support its Mobile Satellite Services in Japan - - August 29 at 7:43 PM logoJapan’s MIC Publishes Radio Regulations to Support Globalstar Mobile Satellite Services in Japan - August 29 at 7:43 PM logoETFs with exposure to Globalstar, Inc. : August 28, 2017 - August 28 at 6:55 PM logoETFs with exposure to Globalstar, Inc. : August 18, 2017 - August 18 at 7:04 PM logoSee what the IHS Markit Score report has to say about Globalstar Inc. - August 9 at 7:27 PM logoGlobalstar's (GSAT) CEO James Monroe On Q2 2017 Results - Earnings Call Transcript - August 4 at 7:30 PM logoEdited Transcript of GSAT earnings conference call or presentation 3-Aug-17 9:00pm GMT - August 4 at 5:16 AM logoGlobalstar reports 2Q loss - August 4 at 5:16 AM logoGlobalstar -7.1% after derivatives lead to wider loss - Seeking Alpha - August 4 at 12:15 AM logoEARNINGS SUMMARY: Details of Globalstar Inc. Q2 Earnings Report - August 3 at 7:13 PM logoGlobalstar Announces Second Quarter 2017 Results - GlobeNewswire (press release) - August 3 at 7:13 PM logoInvestor Network: Globalstar, Inc. to Host Earnings Call - August 3 at 7:13 PM logoGlobalstar Announces Second Quarter 2017 Results - August 3 at 7:13 PM logoGlobalstar, Inc. Earnings Call Release Notice - GlobeNewswire (press release) - July 31 at 6:47 PM logoETFs with exposure to Globalstar, Inc. : July 24, 2017 - July 24 at 9:20 PM logoETFs with exposure to Globalstar, Inc. : July 14, 2017 - July 14 at 8:15 PM logoGlobalstar, Inc. breached its 50 day moving average in a Bullish Manner : GSAT-US : July 11, 2017 - July 11 at 8:36 PM logoGlobalstar -3.4% as filing details lending changes - Seeking Alpha - July 9 at 5:55 AM logoGlobalstar, Inc. (GSAT) Downgraded by BidaskClub - July 8 at 6:32 PM logoETFs with exposure to Globalstar, Inc. : July 3, 2017 - July 3 at 6:52 PM logoGlobalstar, Inc. – Value Analysis (NYSE MKT:GSAT) : July 3, 2017 - July 3 at 6:52 PM logoGlobalstar, Inc. breached its 50 day moving average in a Bearish Manner : GSAT-US : June 30, 2017 - June 30 at 7:24 PM logoWhy Is No One Talking About Globalstar, Inc. Stock? - June 30 at 7:24 PM logoBidaskClub Upgrades Globalstar, Inc. (GSAT) to Buy - June 24 at 6:44 PM logoPivotal Commware Lands $17M Series A From The Thermo Companies - DIG Investments - Bill Gates and Others - June 16 at 6:18 PM logoETFs with exposure to Globalstar, Inc. : June 2, 2017 - June 2 at 6:53 PM logoPeek Under The Hood: VOX Has 11% Upside - May 30 at 10:55 AM logoQ1 Post-Earnings - May 29 at 9:59 AM logoETFs with exposure to Globalstar, Inc. : May 22, 2017 - May 22 at 5:05 PM logoSolus CEO Says GSAT Spectrum May Appeal to Amazon - May 19 at 9:56 AM logoWhy Globalstar, Inc. Stock Popped Today - Motley Fool - May 14 at 8:49 AM logoNoteworthy Friday Option Activity: AXDX, GSAT, BURL - May 12 at 6:13 PM logoWireless spectrum holder Globalstar explores sale - Bloomberg - May 12 at 6:13 PM logoGlobalstar Works With Advisers to Explore Potential Sale - May 12 at 6:13 PM logoGlobalstar jumps 17% on report of sale process - Seeking Alpha - May 12 at 6:13 PM logoWhy AstraZeneca, Globalstar, and Snap Jumped Today - May 12 at 6:13 PM logoGlobalstar Shares Pull Back as Bidding War for Straight Path Ends - May 11 at 6:08 PM logoETFs with exposure to Globalstar, Inc. : May 11, 2017 - May 11 at 6:08 PM logoGlobalstar, Inc. :GSAT-US: Earnings Analysis: Q1, 2017 By the Numbers : May 9, 2017 - May 9 at 12:41 PM logoGlobalstar, Inc. (GSAT) - May 5 at 4:07 PM logoTechnical Reports on Wireless Communications Stocks -- Sprint, Globalstar, Vodafone and T-Mobile US - May 5 at 4:07 PM logoGlobalstar Q1 Net Loss Narrows - May 4 at 12:01 PM logoGlobalstar -5.6% despite narrowing loss in Q1 - Seeking Alpha - May 4 at 12:01 PM logoCould Globalstar be a Takeover Target - May 1 at 1:00 PM logoGlobalstar, Straight Path climbing amid spectrum battle - Seeking Alpha - April 26 at 7:49 PM logoGlobalstar Stock Jumps Amid Talk of Straight Path Bidding War - April 17 at 5:01 PM logoUniversity of Miami Continues to Rely on SPOT for Oceanic Flow Study in the Gulf of Mexico - April 11 at 5:20 PM


This page was last updated on 9/23/2017 by Staff