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: 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?

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)
Show:
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

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)

Estimates

Earnings Estimates for Globalstar (NYSEMKT:GSAT)
Current Year EPS Consensus Estimate: $-0.08 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 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)

Headlines

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

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