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NYSEAMERICAN:GSAT

Globalstar (GSAT) Stock Price, News & Analysis

Globalstar logo
$21.59 +0.03 (+0.14%)
As of 02/28/2025 04:00 PM Eastern

About Globalstar Stock (NYSEAMERICAN:GSAT)

Key Stats

Today's Range
$19.09
$21.91
50-Day Range
N/A
52-Week Range
$15.00
$41.10
Volume
1.69 million shs
Average Volume
1.03 million shs
Market Capitalization
$2.73 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$60.00
Consensus Rating
Buy

Company Overview

Globalstar, Inc. provides mobile satellite services worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and data modem services and equipment. It also provides SPOT consumer retail products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Internet of Things one-way transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets. Further, it sells wholesale minutes to independent gateway operators (IGOs); and provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company distributes its products directly, as well as through independent agents, dealers and resellers, retailers, IGOs, and sales force and e-commerce Website. As of December 31, 2020, it had approximately 745,000 subscribers. The company primarily serves recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, and forestry markets. Globalstar, Inc. has a strategic alliance with XCOM Labs to jointly commercialize XCOM's capacity-multiplying technology with Globalstar's Band n53 for 5G deployments in the United States and other countries where Globalstar has terrestrial rights. The company was founded in 1993 and is headquartered in Covington, Louisiana.

Globalstar Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
47th Percentile Overall Score

GSAT MarketRank™: 

Globalstar scored higher than 47% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Globalstar has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Globalstar has only been the subject of 1 research reports in the past 90 days.

  • Read more about Globalstar's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Globalstar is -48.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Globalstar is -48.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Globalstar has a P/B Ratio of 7.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    4.70% of the float of Globalstar has been sold short.
  • Short Interest Ratio / Days to Cover

    Globalstar has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Globalstar has recently increased by 4.95%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Globalstar does not currently pay a dividend.

  • Dividend Growth

    Globalstar does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    4.70% of the float of Globalstar has been sold short.
  • Short Interest Ratio / Days to Cover

    Globalstar has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Globalstar has recently increased by 4.95%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Globalstar has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Globalstar this week, compared to 5 articles on an average week.
  • Search Interest

    96 people have searched for GSAT on MarketBeat in the last 30 days. This is an increase of 32% compared to the previous 30 days.
  • MarketBeat Follows

    12 people have added Globalstar to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Globalstar insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    60.76% of the stock of Globalstar is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 18.89% of the stock of Globalstar is held by institutions.

  • Read more about Globalstar's insider trading history.
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GSAT Stock News Headlines

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Globalstar price target raised at B. Riley following reverse stock split
B.Riley Financial Sticks to Its Buy Rating for Globalstar (GSAT)
Globalstar, Inc. Common Stock (GSAT)
See More Headlines

GSAT Stock Analysis - Frequently Asked Questions

Globalstar's stock reverse split on the morning of Tuesday, February 11th 2025. The 1-15 reverse split was announced on Friday, February 7th 2025. The number of shares owned by shareholders was adjusted after the closing bell on Monday, February 10th 2025. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

Shares of GSAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Globalstar investors own include B&G Foods (BGS), Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY), The GEO Group (GEO), ProPetro (PUMP), Tourmaline Oil (TOU), A-Mark Precious Metals (AMRK) and Alight (ALIT).

Company Calendar

Today
3/02/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSEAMERICAN
Industry
Communication services, not elsewhere classified
Sub-Industry
Communication
Current Symbol
NYSEAMERICAN:GSAT
Web
N/A
Fax
N/A
Employees
330
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$60.00
High Stock Price Target
$60.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+177.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-24,720,000.00
Pretax Margin
-10.42%

Debt

Sales & Book Value

Annual Sales
$223.81 million
Cash Flow
$0.48 per share
Price / Cash Flow
44.59
Book Value
$2.99 per share
Price / Book
7.22

Miscellaneous

Free Float
49,577,000
Market Cap
$2.73 billion
Optionable
N/A
Beta
1.03
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This page (NYSEAMERICAN:GSAT) was last updated on 3/2/2025 by MarketBeat.com Staff
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