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Globalstar Inc (GSAT)
:GSAT
GSAT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$15.00 - $41.10
Previous CloseN/A
Volume8.06M
Average Volume (3M)992.38K
Market Cap
$2.81B
Enterprise Value$2.74B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta2.06
Next Earnings
Feb 26, 2025EPS Estimate
-0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.29
Shares Outstanding126,280,080
10 Day Avg. Volume1,219,817
30 Day Avg. Volume992,383
Standard Deviation0.35
R-Squared0.02
Alpha0.04
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)11.64
Price to Cash Flow (P/CF)21.90
P/FCF Ratio83.90
Enterprise Value/Market Cap0.97
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit17.75
Enterprise Value/Ebitda33.01
Forecast
1Y Price Target
$60.00Price Target Upside190.28% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
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Bulls Say, Bears Say
Bulls Say
Investment And FundingApple re-upped its commitment with a $1.75B investment to help fund a new constellation that will broaden the services and capacity.
Revenue GrowthThis deal is expected to more than double the company’s revenue relative to 2024, which indicates a long-term revenue target of ~$500M.
Bears Say
Stock PerformanceThe stock fell 31% in a quick reaction to the news, recovering some of the move but remains down 21% from prior to the announcement.
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Ownership Overview
60.88% Insiders
5.88% Mutual Funds
0.03% Other Institutional Investors
26.72% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GSAT FAQ
What was Globalstar Inc’s price range in the past 12 months?
Globalstar Inc lowest stock price was $15.00 and its highest was $41.10 in the past 12 months.
What is Globalstar Inc’s market cap?
Globalstar Inc’s market cap is $2.81B.
When is Globalstar Inc’s upcoming earnings report date?
Globalstar Inc’s upcoming earnings report date is Feb 26, 2025 which is in 4 days.
How were Globalstar Inc’s earnings last quarter?
Globalstar Inc released its earnings results on Nov 07, 2024. The company reported $0.025 earnings per share for the quarter, beating the consensus estimate of -$0.019 by $0.044.
Is Globalstar Inc overvalued?
According to Wall Street analysts Globalstar Inc’s price is currently Undervalued.
Does Globalstar Inc pay dividends?
Globalstar Inc does not currently pay dividends.
What is Globalstar Inc’s EPS estimate?
Globalstar Inc’s EPS estimate is -0.03.
How many shares outstanding does Globalstar Inc have?
Globalstar Inc has 126,280,080 shares outstanding.
What happened to Globalstar Inc’s price movement after its last earnings report?
Globalstar Inc reported an EPS of $0.025 in its last earnings report, beating expectations of -$0.019. Following the earnings report the stock price went up 7.027%.
Which hedge fund is a major shareholder of Globalstar Inc?
Currently, no hedge funds are holding shares in GSAT
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Globalstar Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$60.00 (190.28% Upside)
$60.00 (190.28% Upside)
Blogger Sentiment
Bullish
GSAT Sentiment 70%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 428.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $2.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 3.1%
Last 30 Days ▼ 3.1%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-14.93%
12-Months-Change
Fundamentals
Return on Equity
-7.21%
Trailing 12-Months
Asset Growth
0.76%
Trailing 12-Months
Company Description
Globalstar Inc
Globalstar, Inc. provides mobile satellite services, voice and data communications services through satellite worldwide. It offers communications services via satellite which includes: two-way voice communication and data transmissions using mobile or fixed devices; and one-way data transmissions using a mobile or fixed device that transmits its location and other information to a central monitoring station. The company provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. It serves to government; public safety and disaster relief; recreation and personal; telecommunications; oil and gas; maritime and fishing; natural resources; construction; utilities; and transportation markets. Globalstar was founded in November 2003 and is headquartered in Covington, LA.
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GSAT Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlights strong revenue and EBITDA growth, a healthy financial position, and strategic regulatory and partnership developments. However, concerns about revenue variability and uncertainty regarding new constellation impacts slightly temper the enthusiasm.Read More>---
GSAT Stock 12 Month Forecast
Average Price Target
$60.00
▲(190.28% Upside)
Technical Analysis
Best Analysts Covering GSAT
1 Year
1 Year Success Rate
9/20 ratings generated profit
1 Year Average Return
-0.18%
reiterated a buy rating 13 days ago
Copying George Sutton's trades and holding each position for 1 Year would result in 45.00% of your transactions generating a profit, with an average return of -0.18% per trade.
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