NYSEAMERICAN:GSAT - Globalstar Stock Price & Analysis

About Globalstar (NYSEAMERICAN:GSAT)

(NYSEAMERICAN:GSAT) 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 satellite data modem services comprising asynchronous and packet data services. 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 its sales force and e-commerce Website. As of December 31, 2019, it had approximately 775,000 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 2003 and is headquartered in Covington, Louisiana.

GSAT Stock Price

Statistics Highlights (NYSEAMERICAN:GSAT)

Shares Outstanding	1.80B	Beta	0.28
Public Float	680.89M	P/E Ratio	-
% Short of Float	-	Dividend (Yield)	-
Held by Insiders	62.10%	Ex-Dividend Date
Held by Institutions	18.70%	IPO Date	Nov 2, 2006

Explore More on "Statistics" Section

GSAT Financial Summary

	Dec 21	Dec 20	Dec 19
Revenue	$124.30M	$128.49M	$131.72M
EBITDA	$-16.69M	$36.27M	$174.10M
Net Income	$-112.62M	$-109.64M	$15.32M
Total Assets	$814.11M	$888.09M	$965.59M
Total Cash	$14.30M	$13.33M	$7.61M
Total Debt	$269.67M	$386.74M	$465.81M

	Mar 22	Dec 21	Sep 21
Revenue	$32.77M	$34.48M	$32.61M
EBITDA	$-6.13M	$-368.00K	$4.48M
Net Income	$-20.46M	$-23.96M	$-30.89M
Total Assets	$850.43M	$814.11M	$884.12M
Total Cash	$11.52M	$14.30M	$11.31M
Total Debt	$275.29M	$269.67M	$316.64M

GSAT Stock Price History

Globalstar Annual Stock Price History

Year	Open	Close	Change
2021	$1.17	$1.31	11.97%
2021	$0.35	$1.17	234.29%
2020	$0.53	$0.35	-34.10%

Globalstar Daily Stock Price History

Date	Open	High	Low	Close	Change	Volume
Jun 17, 2022	$1.17	$1.23	$1.14	$1.19	3.48%	4.84M
Jun 14, 2022	$1.13	$1.18	$1.13	$1.15	-8.00%	2.09M
Jun 9, 2022	$1.28	$1.29	$1.23	$1.25	-6.02%	2.08M

View More on "Price History" Section

(NYSEAMERICAN:GSAT) Stock Price FAQs

What is today's stock price of Globalstar (NYSEAMERICAN:GSAT)?

The current stock price of Globalstar (NYSEAMERICAN:GSAT) is $1.31.
Today GSAT stock price opened at $1.33 after previous close of $1.30.
During the day, Globalstar stock quote has varied from a low of $1.30 to a high of $1.38.

What is Globalstar's 52-week change?

GSAT 52-week high stock quote is $2.78, which is 112.20% above the current share price.
The Globalstar (NYSEAMERICAN:GSAT) 52-week low stock price is $0.90, which is 31.10% below the current share price.
Globalstar share price volatility (52-week beta) is 0.28.

Is Globalstar a buy?

According to 2 analysts, the current consensus recommendation for Globalstar stock is "Hold" at an average rating score of 3.00 (out of 5).
There are currently 1 "Strong Buy", 0 "Buy", 0 "Hold", 0 "Sell", and 1 "Strong Sell" analysts recommendations for the GSAT stock.
The 12 month average price target forecast for GSAT stock is $2.16, representing a 64.50% increase from the current GSAT stock price of $1.31.

Globalstar (NYSEAMERICAN:GSAT) FAQ

How Much is Globalstar Worth?

Globalstar's worth today based on market capitalisation is $2.34B

How much money does Globalstar make?

Last quarter (ended on March 31 ,2022) Globalstar generated a net income of $-20.46M, representing a 77.56% increase compared to the same quarter a year before (ended on March 31 ,2021).
Last fiscal year (ended on December 31 ,2021) Globalstar generated a net income of $-112.62M, representing a 2.72% increase compare to the previous fiscal year (ended on December 31 ,2020).
View More Details on Globalstar's “Financials” Section

How much dividend does Globalstar Pay?

The current annualized dividend payout for GSAT stock is $0.00, the dividend yield is 0.00% and the payout ratio is 0.00%.
View More Details on Globalstar's "Dividend" Section

What were Globalstar’s last Earnings results?

For the last quarterly earnings period (ended on March 31, 2022) GSAT reported $-0.01 EPS for the quarter, missing the average analysts’ forecasts of $-0.01 EPS by $0.00 (0.00%).
View More Details on Globalstar's 'Earnings' Section

When is the next earnings date for Globalstar (NYSEAMERICAN:GSAT)?

Globalstar is expected to report earnings on August 03 ,2022.
View More Details on Globalstar's 'Earnings' Section

What is Globalstar’s Price to Earning (PE) ratio?

GSAT stock also has a Price to Sales (P/S) ratio of 17.98, a Price to Book of 6.29 and Price/Earnings to Growth (PEG) of -0.75.

What is the Globalstar's ticker?

Globalstar trades on the NYSE American stock market in USA under the ticker symbol "GSAT". Globalstar’s stock symbol can also be displayed as "NYSEAMERICAN:GSAT".

When did GSAT go public?

Globalstar completed its initial public offering (IPO) on November 02 ,2006.

Who are the owners of Globalstar?

Globalstar (NYSEAMERICAN:GSAT) is owned by 18.70% institutional shareholders and by 62.10% insiders. The rest is owned by the public.
Explore More Details on Globalstar's “Ownership” Section

Who are the key executives of Globalstar (GSAT)?

Globalstar's key executive team includes the following managers:

Mr. James Monroe III, Exec. Chairman (1955)
Mr. David B. Kagan, Chief Exec. Officer (1962)
Ms. Rebecca S. Clary, VP & CFO (1979)
Mr. L. Barbee Ponder IV, Gen. Counsel & VP of Regulatory Affairs (1967)
Mr. Timothy Evan Taylor, VP of Fin., Bus. Operations & Strategy and Director (1983)
Mr. Wen Doong, Sr. VP of Engineering & Operations (NA)
Mr. James A. Seese II, VP of Admin. (NA)
Mr. Kyle Pickens CFA, VP of Strategy & Communications (NA)
Denise Davila, Corp. Communications Mang. (NA)
Mr. Richard S. Roberts, Corp. Sec. (1946)

What is Globalstar’s Sector & Industry Classification?

Globalstar (NYSEAMERICAN:GSAT) is classified under the "Communication Services" sector and under the "Telecom Services" industry.

How many employees work for Globalstar?

Currently the number of employees working for Globalstar is 329.

Where are Globalstar's Headquarters?

Globalstar (NYSEAMERICAN:GSAT) is headquartered in LA, United States.

What are Globalstar's Address and Phone Number?

Globalstar’s mailing address is 1351 Holiday Square Boulevard, Covington, LA, United States, 70433.
The company’s phone number is 985 335 1500.

What is the official website for Globalstar?

Globalstar’s official website is http://www.globalstar.com

Globalstar Stock (NYSEAMERICAN:GSAT)