Globalstar, Inc. provides mobile satellite services worldwide. More Details
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Globalstar's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GSAT is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 20% a week.
Volatility Over Time: GSAT's weekly volatility (20%) has been stable over the past year, but is still higher than 75% of US stocks.
7 Day Return
1 Year Return
Return vs Industry: GSAT exceeded the US Telecom industry which returned 1.6% over the past year.
Return vs Market: GSAT exceeded the US Market which returned 39.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Globalstar's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StGlobalstar (NYSEMKT:GSAT) Is Carrying A Fair Bit Of Debt
2 months ago | Simply Wall StWhat Is The Ownership Structure Like For Globalstar, Inc. (NYSEMKT:GSAT)?
4 months ago | Simply Wall StGlobalstar (NYSEMKT:GSAT) Shareholders Have Enjoyed A Whopping 463% Share Price Gain
Is Globalstar undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: GSAT ($1.29) is trading above our estimate of fair value ($0.75)
Significantly Below Fair Value: GSAT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GSAT is unprofitable, so we can't compare its PE Ratio to the US Telecom industry average.
PE vs Market: GSAT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GSAT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GSAT is overvalued based on its PB Ratio (5.3x) compared to the US Telecom industry average (3.4x).
How is Globalstar forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if GSAT's forecast earnings growth is above the savings rate (2%).
Earnings vs Market: Insufficient data to determine if GSAT's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GSAT's revenue (2.3% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: GSAT's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GSAT is forecast to be unprofitable in 3 years.
How has Globalstar performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GSAT is currently unprofitable.
Growing Profit Margin: GSAT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GSAT is unprofitable, and losses have increased over the past 5 years at a rate of 11% per year.
Accelerating Growth: Unable to compare GSAT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GSAT is unprofitable, making it difficult to compare its past year earnings growth to the Telecom industry (124.7%).
Return on Equity
High ROE: GSAT has a negative Return on Equity (-24.73%), as it is currently unprofitable.
How is Globalstar's financial position?
Financial Position Analysis
Short Term Liabilities: GSAT's short term assets ($112.0M) do not cover its short term liabilities ($114.0M).
Long Term Liabilities: GSAT's short term assets ($112.0M) do not cover its long term liabilities ($363.6M).
Debt to Equity History and Analysis
Debt Level: GSAT's debt to equity ratio (89.4%) is considered high.
Reducing Debt: GSAT's debt to equity ratio has reduced from 270.4% to 89.4% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable GSAT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GSAT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 37.4% per year.
What is Globalstar current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GSAT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GSAT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GSAT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GSAT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GSAT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dave Kagan (58 yo)
Mr. David B. Kagan has been Chief Executive Officer of Globalstar, Inc. since September 4, 2018. Mr. Kagan served as the President and COO of Globalstar Inc. (“Globalstar”). He served as Chief Operating Of...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD727.94K) is below average for companies of similar size in the US market ($USD3.71M).
Compensation vs Earnings: Dave's compensation has increased whilst the company is unprofitable.
Experienced Management: GSAT's management team is seasoned and experienced (5.5 years average tenure).
Experienced Board: GSAT's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.4%.
Globalstar, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Globalstar, Inc.
- Ticker: GSAT
- Exchange: NYSEAM
- Founded: 1993
- Industry: Alternative Carriers
- Sector: Telecom
- Market Cap: US$2.096b
- Shares outstanding: 1.79b
- Website: https://www.globalstar.com
Number of Employees
- Globalstar, Inc.
- 1351 Holiday Square Boulevard
- United States
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...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/18 00:53|
|End of Day Share Price||2021/06/17 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.