Is Globalstar Stock a Good Investment?

Globalstar Investment Advice

  GSAT
To provide specific investment advice or recommendations on Globalstar stock, we recommend investors consider the following general factors when evaluating Globalstar. This will help you to make an informed decision on whether to include Globalstar in one of your diversified portfolios:
  • 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
We provide advice to complement the regular expert consensus on Globalstar. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Globalstar is not overpriced, please check out all Globalstar fundamentals, including its price to sales, book value per share, retained earnings, as well as the relationship between the cash and equivalents and target price . Please also validate Globalstar price to earning to confirm your buy or sell decision is consistent with all fundamental data available and that the company can sustain itself in the current economic cycle.

Market Performance

GoodDetails

Volatility

DangerousDetails

Hype Condition

Over hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Responds to the marketDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

PoorDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails

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

917.56 Million

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
2023-06-30-0.0017-0.00152.0E-411 
2016-11-03
2016-09-30-0.02-0.01540.004623 
2023-11-02
2023-09-30-0.00090.00460.0055611 
2023-03-01
2022-12-31-0.01-0.0030.00770 
2024-02-28
2023-12-31-0.0007-0.01-0.00931328 
2021-11-04
2021-09-30-0.01-0.02-0.01100 
2021-03-03
2020-12-31-0.02-0.010.0150 
2015-08-10
2015-06-30-0.02-0.03-0.0150 

Globalstar's market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.96 B.

Market Cap

1.93 Billion

Globalstar's profitablity analysis

Last ReportedProjected 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)
The company has Profit Margin (PM) of (0.12) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.13 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.13.
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 ReportedProjected 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 Value1.1 B1.9 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.
 
Timothy Taylor over two months ago
Disposition of 5000 shares by Timothy Taylor of Globalstar at 1.1787 subject to Rule 16b-3
 
Timothy Taylor over two months ago
Disposition of 5000 shares by Timothy Taylor of Globalstar at 1.2205 subject to Rule 16b-3
 
Rebecca Clary over three months ago
Disposition of 75000 shares by Rebecca Clary of Globalstar at 1.25 subject to Rule 16b-3
 
Monroe James Iii over three months ago
Acquisition by Monroe James Iii of 75175 shares of Globalstar at 1.0 subject to Rule 16b-3
 
Paul Jacobs over three months ago
Acquisition by Paul Jacobs of 7654036 shares of Globalstar at 1.0641 subject to Rule 16b-3
 
Monroe James Iii over three months ago
Acquisition by Monroe James Iii of 4510855 shares of Globalstar at 1.0641 subject to Rule 16b-3
 
Benjamin Wolff over six months ago
Acquisition by Benjamin Wolff of 26738 shares of Globalstar at 1.87 subject to Rule 16b-3
 
Timothy Taylor over six months ago
Disposition of 5000 shares by Timothy Taylor of Globalstar at 1.4312 subject to Rule 16b-3
 
James Lynch over six months ago
Acquisition by James Lynch of 660000 shares of Globalstar at 1.455 subject to Rule 16b-3
 
James Lynch over six months ago
Acquisition by James Lynch of 660000 shares of Globalstar at 1.3392 subject to Rule 16b-3
 
Timothy Taylor over six months ago
Acquisition by Timothy Taylor of 120000 shares of Globalstar subject to Rule 16b-3
 
Timothy Taylor over a year ago
Exercise or conversion by Timothy Taylor of 18750 shares of Globalstar subject to Rule 16b-3

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.

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.

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 time-series forecasting models is one of many Globalstar's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Globalstar's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

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 KaganChief OfficerProfile
James IIVice AdministrationProfile
Barbee IVGeneral AffairsProfile
Peter BlackChief ScientistProfile
Mersad CavcicChief OfficerProfile
Denise DavilaCo MangProfile

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.