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Globalstar NYSEAM:GSAT Stock Report

Last Price

US$1.20

Market Cap

US$2.3b

7D

-2.4%

1Y

11.1%

Updated

19 May, 2024

Data

Company Financials +

GSAT Stock Overview

Provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally.

GSAT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Globalstar, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Globalstar
Historical stock prices
Current Share PriceUS$1.20
52 Week HighUS$2.13
52 Week LowUS$0.96
Beta0.85
1 Month Change-5.51%
3 Month Change-28.99%
1 Year Change11.11%
3 Year Change-18.92%
5 Year Change128.40%
Change since IPO-93.15%

Recent News & Updates

Recent updates

Globalstar (NYSEMKT:GSAT) Is Carrying A Fair Bit Of Debt

Apr 30
Globalstar (NYSEMKT:GSAT) Is Carrying A Fair Bit Of Debt

What Is The Ownership Structure Like For Globalstar, Inc. (NYSEMKT:GSAT)?

Mar 21
What Is The Ownership Structure Like For Globalstar, Inc. (NYSEMKT:GSAT)?

Globalstar (NYSEMKT:GSAT) Shareholders Have Enjoyed A Whopping 463% Share Price Gain

Feb 14
Globalstar (NYSEMKT:GSAT) Shareholders Have Enjoyed A Whopping 463% Share Price Gain

Here's Why Globalstar (NYSEMKT:GSAT) Can Afford Some Debt

Jan 10
Here's Why Globalstar (NYSEMKT:GSAT) Can Afford Some Debt

Could The Globalstar, Inc. (NYSEMKT:GSAT) Ownership Structure Tell Us Something Useful?

Dec 04
Could The Globalstar, Inc. (NYSEMKT:GSAT) Ownership Structure Tell Us Something Useful?

Shareholder Returns

GSATUS TelecomUS Market
7D-2.4%0.5%1.7%
1Y11.1%8.0%26.3%

Return vs Industry: GSAT exceeded the US Telecom industry which returned 8% over the past year.

Return vs Market: GSAT underperformed the US Market which returned 26.3% over the past year.

Price Volatility

Is GSAT's price volatile compared to industry and market?
GSAT volatility
GSAT Average Weekly Movement8.9%
Telecom Industry Average Movement6.1%
Market Average Movement5.9%
10% most volatile stocks in US Market16.0%
10% least volatile stocks in US Market2.8%

Stable Share Price: GSAT's share price has been volatile over the past 3 months.

Volatility Over Time: GSAT's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993348Paul Jacobswww.globalstar.com

Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. 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. It also provides one-way or two-way communications and data transmissions using mobile devices, including the SPOT family of products, such as SPOT X, SPOT Gen4, and SPOT Trace that transmit messages and the location of the device; commercial Internet of Things transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets; small satellite transmitter modules comprising the STX-3, ST-150 and ST100, and chips that enable an integrator’s products to access its network; engineering and other communication services using MSS and terrestrial spectrum licenses; undertakes installation of gateways and antennas; and hardware and software products design and development services.

Globalstar, Inc. Fundamentals Summary

How do Globalstar's earnings and revenue compare to its market cap?
GSAT fundamental statistics
Market capUS$2.26b
Earnings (TTM)-US$45.07m
Revenue (TTM)US$221.64m

10.2x

P/S Ratio

-50.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GSAT income statement (TTM)
RevenueUS$221.64m
Cost of RevenueUS$72.26m
Gross ProfitUS$149.38m
Other ExpensesUS$194.45m
Earnings-US$45.07m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.024
Gross Margin67.40%
Net Profit Margin-20.33%
Debt/Equity Ratio105.7%

How did GSAT perform over the long term?

See historical performance and comparison
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