Globalstar Earnings Estimate

GSAT Stock  USD 1.30  0.02  1.52%   
Many public companies, such as Globalstar, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Globalstar's earnings estimates, investors can diagnose different trends across Globalstar's analyst sentiment over time as well as compare current estimates against different timeframes. .
Globalstar is projected to generate 0.0 in earnings per share on the 30th of September 2023. Globalstar earnings estimates module stress-tests analyst consensus about projected Globalstar EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Gross Profit is likely to drop to about 78.1 M in 2023. Profit Margin is likely to drop to -1.88 in 2023
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globalstar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide.

Globalstar Earnings Estimation Breakdown

The calculation of earning per share of Globalstar is based on the official Zacks consensus of 1 analysts regarding Globalstar's future annual earnings. Given the historical accuracy of 23.55%, Globalstar's future earnings per share of Globalstar is estimated to be 0.0 with the lowest and highest values of 0.0 and 0.0, respectively. Please note that this consensus of annual earnings estimates for Globalstar is an estimate of EPS before non-recurring items and includes employee stock options expenses
  Current EPS -0.12
0.00
Lowest
Expected EPS 0.0
0.00
Highest

Globalstar Earnings Projection Consensus

Suppose the current estimates of Globalstar's value are higher than the current market price of the Globalstar stock. In this case, investors may conclude that Globalstar is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Globalstar's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 30th of September 2023
123.55%-0.120.0

Globalstar Earnings History

Earnings estimate consensus by Globalstar analysts from Wall Street is used by the market to judge Globalstar's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Globalstar's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Globalstar Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

24.35 Million

Accumulated Retained Earnings Deficit is likely to drop to about (2.2 B) in 2023. Earning Before Interest and Taxes EBIT is likely to drop to about (246 M) in 2023 Issuance Purchase of Equity Shares is likely to gain to about 943.2 K in 2023, whereas Weighted Average Shares is likely to drop slightly above 1.6 B in 2023.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Globalstar's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Globalstar in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
0.061.285.30
Details
Intrinsic
Valuation
LowRealHigh
0.112.126.14
Details
Naive
Forecast
LowNextHigh
0.0228171.145.16
Details
4 Analysts
Consensus
LowTargetHigh
0.994.387.79
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Globalstar. Your research has to be compared to or analyzed against Globalstar's peers to derive any actionable benefits. When done correctly, Globalstar's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Globalstar. Note that many institutional investors and large investment bankers can move markets due to the volume of Globalstar assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Globalstar. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Globalstar's stock price in the short term.

Globalstar Earnings per Share Projection vs Actual

Actual Earning per Share of Globalstar refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Globalstar predict the company's earnings will be in the future. The higher the earnings per share of Globalstar, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Globalstar Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Globalstar, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Globalstar should always be considered in relation to other companies to make a more educated investment decision.

Globalstar Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Globalstar's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2023-08-03
2023-06-30-0.0017-0.00150.000211 
2023-05-05
2023-03-31-0.010.00680.0168168 
2023-03-01
2022-12-31-0.01-0.0030.00770 
2022-11-03
2022-09-30-0.01-0.11-0.11000 
2022-08-04
2022-06-30-0.01-0.010
2022-05-05
2022-03-31-0.01-0.010
2022-02-24
2021-12-31-0.01-0.010
2021-11-04
2021-09-30-0.01-0.02-0.01100 
2021-08-05
2021-06-30-0.01-0.010
2021-05-06
2021-03-31-0.02-0.020
2021-03-03
2020-12-31-0.02-0.010.0150 
2020-11-06
2020-09-30-0.01-0.010
2020-08-06
2020-06-30-0.01-0.010
2020-05-07
2020-03-31-0.02-0.020
2020-02-27
2019-12-310.01-0.02-0.03300 
2019-11-12
2019-09-30-0.02-0.020
2019-08-09
2019-06-30-0.020.010.03150 
2019-05-02
2019-03-31-0.020.020.04200 
2019-02-28
2018-12-31-0.02-0.07-0.05250 
2018-11-01
2018-09-30-0.020.010.03150 
2018-08-02
2018-06-30-0.02-0.020
2018-05-10
2018-03-31-0.020.060.08400 
2018-02-22
2017-12-31-0.02-0.020
2017-11-02
2017-09-30-0.020.040.06300 
2017-08-03
2017-06-30-0.02-0.09-0.07350 
2017-05-04
2017-03-31-0.02-0.020
2017-02-23
2016-12-31-0.02-0.11-0.09450 
2016-11-03
2016-09-30-0.02-0.01540.004623 
2016-08-04
2016-06-30-0.020.010.03150 
2016-05-05
2016-03-31-0.03-0.030
2016-02-25
2015-12-31-0.03-0.030
2015-11-05
2015-09-30-0.02-0.020
2015-08-10
2015-06-30-0.02-0.03-0.0150 
2015-05-07
2015-03-31-0.02-0.020
2015-03-02
2014-12-31-0.030.090.12400 
2014-11-06
2014-09-30-0.030.110.14466 
2014-08-11
2014-06-30-0.04-0.47-0.431075 
2014-05-07
2014-03-31-0.04-0.040
2014-03-10
2013-12-31-0.05-0.06-0.0120 
2013-11-13
2013-09-30-0.05-0.06-0.0120 
2013-08-13
2013-06-30-0.05-0.07-0.0240 
2013-05-09
2013-03-31-0.06-0.050.0116 
2013-03-14
2012-12-31-0.06-0.07-0.0116 
2012-11-14
2012-09-30-0.05-0.06-0.0120 
2012-08-09
2012-06-30-0.05-0.040.0120 
2012-05-10
2012-03-31-0.05-0.050
2012-03-12
2011-12-31-0.06-0.050.0116 
2011-11-08
2011-09-30-0.07-0.060.0114 
2011-08-04
2011-06-30-0.06-0.060
2011-05-05
2011-03-31-0.04-0.040
2011-03-31
2010-12-31-0.04-0.05-0.0125 
2010-11-09
2010-09-30-0.04-0.09-0.05125 
2010-08-06
2010-06-30None-0.0682None
2010-05-07
2010-03-31None-0.1294None
2010-03-12
2009-12-31None-0.22None
2009-08-11
2009-06-30None-0.1028None
2009-05-12
2009-03-31None-0.1692None
2008-11-10
2008-09-30-0.11-0.31-0.2181 
2008-08-11
2008-06-30-0.13-0.090.0430 
2008-05-07
2008-03-31-0.1-0.080.0220 
2008-03-12
2007-12-310.02-0.21-0.231150 
2007-11-14
2007-09-3000.010.01
2007-08-14
2007-06-300.01-0.17-0.181800 
2007-05-14
2007-03-310.040.01-0.0375 
2007-03-28
2006-12-310.07-0.01-0.08114 

About Globalstar Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Globalstar earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Globalstar estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Globalstar fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.

Globalstar Implied Volatility

    
  170.18  
Globalstar's implied volatility exposes the market's sentiment of Globalstar stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Globalstar's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Globalstar stock will not fluctuate a lot when Globalstar's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Globalstar in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Globalstar's short interest history, or implied volatility extrapolated from Globalstar options trading.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Globalstar using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globalstar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide. Note that the Globalstar information on this page should be used as a complementary analysis to other Globalstar's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Globalstar's price analysis, check to measure Globalstar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globalstar is operating at the current time. Most of Globalstar's value examination focuses on studying past and present price action to predict the probability of Globalstar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globalstar's price. Additionally, you may evaluate how the addition of Globalstar to your portfolios can decrease your overall portfolio volatility.
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Is Globalstar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globalstar. If investors know Globalstar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globalstar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.12)
Revenue Per Share
0.107
Quarterly Revenue Growth
0.497
Return On Assets
(0.0153)
Return On Equity
(0.66)
The market value of Globalstar is measured differently than its book value, which is the value of Globalstar that is recorded on the company's balance sheet. Investors also form their own opinion of Globalstar's value that differs from its market value or its book value, called intrinsic value, which is Globalstar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globalstar's market value can be influenced by many factors that don't directly affect Globalstar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globalstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globalstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globalstar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.