Is Globalstar Stock a Good Investment?
Globalstar Investment Advice | GSAT |
- Examine Globalstar's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Globalstar's leadership team and their track record. Good management can help Globalstar navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified Telecommunication Services space and any emerging trends that could impact Globalstar's business and its evolving consumer preferences.
- Compare Globalstar's performance and market position to its competitors. Analyze how Globalstar is positioned in terms of product offerings, innovation, and market share.
- Check if Globalstar pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Globalstar's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Globalstar stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Globalstar is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Good | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Globalstar Stock
Researching Globalstar's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 61.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.02. Globalstar had not issued any dividends in recent years. The entity had 6:1 split on the 26th of October 2006.
To determine if Globalstar is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Globalstar's research are outlined below:
| Globalstar is way too risky over 90 days horizon | |
| Globalstar appears to be risky and price may revert if volatility continues | |
| Globalstar currently holds 392.55 M in liabilities with Debt to Equity (D/E) ratio of 1.1, which is about average as compared to similar companies. Globalstar has a current ratio of 0.49, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Globalstar's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 223.81 M. Net Loss for the year was (24.72 M) with profit before overhead, payroll, taxes, and interest of 83.48 M. | |
| Globalstar has a poor financial position based on the latest SEC disclosures | |
| About 61.0% of Globalstar shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: William A. Hasler Sells 90,000 Shares of Globalstar, Inc. Stock |
Globalstar Quarterly Liabilities And Stockholders Equity |
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Globalstar uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Globalstar. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Globalstar's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 3rd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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. Below are the table of largest EPS Surprises Globalstar's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-08-03 | 2023-06-30 | -0.0017 | -0.0015 | 2.0E-4 | 11 | ||
2016-11-03 | 2016-09-30 | -0.02 | -0.0154 | 0.0046 | 23 | ||
2023-11-02 | 2023-09-30 | -0.0009 | 0.0046 | 0.0055 | 611 | ||
2023-03-01 | 2022-12-31 | -0.01 | -0.003 | 0.007 | 70 | ||
2024-02-28 | 2023-12-31 | -0.0007 | -0.01 | -0.0093 | 1328 | ||
2021-11-04 | 2021-09-30 | -0.01 | -0.02 | -0.01 | 100 | ||
2021-03-03 | 2020-12-31 | -0.02 | -0.01 | 0.01 | 50 | ||
2015-08-10 | 2015-06-30 | -0.02 | -0.03 | -0.01 | 50 |
Globalstar's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.96 B.Market Cap |
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Globalstar's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.03) | (0.03) | |
| Return On Assets | (0.03) | (0.03) | |
| Return On Equity | (0.07) | (0.07) |
Determining Globalstar's profitability involves analyzing its financial statements and using various financial metrics to determine if Globalstar is a good buy. For example, gross profit margin measures Globalstar's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Globalstar's profitability and make more informed investment decisions.
Globalstar's Earnings Breakdown by Geography
Please note, the imprecision that can be found in Globalstar's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Globalstar. Check Globalstar's Beneish M Score to see the likelihood of Globalstar's management manipulating its earnings.
Evaluate Globalstar's management efficiency
Return On Tangible Assets is likely to drop to -0.03 in 2024. Return On Capital Employed is likely to drop to -0.0002 in 2024. At this time, Globalstar's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 600 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 153 M in 2024. Globalstar's management efficiency ratios could be used to measure how well Globalstar manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.21 | 0.22 | |
| Tangible Book Value Per Share | 0.16 | 0.16 | |
| Enterprise Value Over EBITDA | 42.67 | 44.81 | |
| Price Book Value Ratio | 9.39 | 4.80 | |
| Enterprise Value Multiple | 42.67 | 44.81 | |
| Price Fair Value | 9.39 | 4.80 | |
| Enterprise Value | 1.1 B | 1.9 B |
Evaluating the management effectiveness of Globalstar allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Globalstar Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Beta 0.886 |
Basic technical analysis of Globalstar Stock
As of the 6th of December, Globalstar retains the Downside Deviation of 3.39, risk adjusted performance of 0.113, and Market Risk Adjusted Performance of 0.6236. Globalstar technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Globalstar's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Globalstar insiders, such as employees or executives, is commonly permitted as long as it does not rely on Globalstar's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Globalstar insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Globalstar's Outstanding Corporate Bonds
Globalstar issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Globalstar uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Globalstar bonds can be classified according to their maturity, which is the date when Globalstar has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| US37892AAA88 Corp BondUS37892AAA88 | View | |
| MPLX LP 4875 Corp BondUS55336VAG59 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View |
Understand Globalstar's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Globalstar's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.113 | |||
| Market Risk Adjusted Performance | 0.6236 | |||
| Mean Deviation | 3.69 | |||
| Semi Deviation | 2.79 | |||
| Downside Deviation | 3.39 | |||
| Coefficient Of Variation | 714.37 | |||
| Standard Deviation | 6.46 | |||
| Variance | 41.74 | |||
| Information Ratio | 0.1188 | |||
| Jensen Alpha | 0.7095 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.2266 | |||
| Treynor Ratio | 0.6136 | |||
| Maximum Drawdown | 39.78 | |||
| Value At Risk | (5.31) | |||
| Potential Upside | 8.0 | |||
| Downside Variance | 11.47 | |||
| Semi Variance | 7.81 | |||
| Expected Short fall | (5.24) | |||
| Skewness | 3.34 | |||
| Kurtosis | 14.47 |
| Risk Adjusted Performance | 0.113 | |||
| Market Risk Adjusted Performance | 0.6236 | |||
| Mean Deviation | 3.69 | |||
| Semi Deviation | 2.79 | |||
| Downside Deviation | 3.39 | |||
| Coefficient Of Variation | 714.37 | |||
| Standard Deviation | 6.46 | |||
| Variance | 41.74 | |||
| Information Ratio | 0.1188 | |||
| Jensen Alpha | 0.7095 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.2266 | |||
| Treynor Ratio | 0.6136 | |||
| Maximum Drawdown | 39.78 | |||
| Value At Risk | (5.31) | |||
| Potential Upside | 8.0 | |||
| Downside Variance | 11.47 | |||
| Semi Variance | 7.81 | |||
| Expected Short fall | (5.24) | |||
| Skewness | 3.34 | |||
| Kurtosis | 14.47 |
Consider Globalstar's intraday indicators
Globalstar intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Globalstar stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Globalstar Corporate Filings
F4 | 4th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 7th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 17th of May 2024 Other Reports | ViewVerify | |
| 12th of April 2024 Other Reports | ViewVerify |
Globalstar Stock media impact
Far too much social signal, news, headlines, and media speculation about Globalstar that are available to investors today. That information is available publicly through Globalstar media outlets and privately through word of mouth or via Globalstar internal channels. However, regardless of the origin, that massive amount of Globalstar data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Globalstar news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Globalstar relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Globalstar's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Globalstar alpha.
Globalstar Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Globalstar can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Globalstar Corporate Management
| David Kagan | Chief Officer | Profile | |
| James II | Vice Administration | Profile | |
| Barbee IV | General Affairs | Profile | |
| Peter Black | Chief Scientist | Profile | |
| Mersad Cavcic | Chief Officer | Profile | |
| Denise Davila | Co Mang | Profile |
Additional Tools for Globalstar Stock Analysis
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.