Globalstar Stock Today
| GSAT Stock | USD 1.25 0.04 3.10% |
Performance0 of 100
| Odds Of DistressLess than 41
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Globalstar is selling for under 1.25 as of the 19th of April 2024; that is -3.1 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 1.24. Globalstar has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Globalstar are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Telecommunication Services | IPO Date 2nd of November 2006 | Category Communication Services |
Globalstar, Inc. provides mobile satellite services worldwide. The company was founded in 1993 and is headquartered in Covington, Louisiana. Globalstar operates under Telecom Services classification in the United States and is traded on AMEX Exchange. It employs 329 people. The company has 1.88 B outstanding shares of which 29.18 M shares are currently shorted by private and institutional investors with about 5.6 trading days to cover. More on Globalstar
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Follow Valuation Options Odds of Bankruptcy
Financial Report 3rd of May 2024
Globalstar Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Globalstar's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Globalstar or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Director | Paul Jacobs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified Telecommunication Services, Telecommunication Services, Communication Services, Communication, Hedge Favorites, Communication Services, Diversified Telecommunication Services, Telecom Services, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Globalstar report their recommendations after researching Globalstar's financial statements, talking to executives and customers, or listening in on Globalstar's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Globalstar. The Globalstar consensus assessment is calculated by taking the average forecast from all of the analysts covering Globalstar. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Globalstar's profitability, liquidity, and operating efficiency, Globalstar may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Globalstar is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Globalstar's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Globalstar's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Globalstar's financial leverage. It provides some insight into what part of Globalstar's total assets is financed by creditors.
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Globalstar (GSAT) is traded on NYSE MKT Exchange in USA. It is located in 1351 Holiday Square Boulevard, Covington, LA, United States, 70433 and employs 348 people. Globalstar is listed under Diversified Telecommunication Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.35 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Globalstar's market, we take the total number of its shares issued and multiply it by Globalstar's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Globalstar conducts business under Diversified Telecommunication Services sector and is part of Communication Services industry. The entity has 1.88 B outstanding shares of which 29.18 M shares are currently shorted by private and institutional investors with about 5.6 trading days to cover.
Globalstar currently holds about 13.14 M in cash with 65.53 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Globalstar Probability Of Bankruptcy
Ownership AllocationGlobalstar secures a total of 1.88 Billion outstanding shares. Globalstar retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 60.88 (percent) of Globalstar outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Globalstar Ownership Details
Globalstar Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Globalstar jumping above the current price in 90 days from now is under 95%. The Globalstar probability density function shows the probability of Globalstar stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.8007. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Globalstar will likely underperform. Additionally, globalstar has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Globalstar to move above the current price in 90 days from now is under 95 (This Globalstar probability density function shows the probability of Globalstar Stock to fall within a particular range of prices over 90 days) .
Globalstar Historical Income Statement
Globalstar Income Statement is one of the three primary financial statements used for reporting Globalstar's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Globalstar revenue and expense. Globalstar Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Globalstar's Research Development is comparatively stable compared to the past year. Non Recurring is likely to gain to about 201.1 M in 2024, whereas Total Other Income Expense Net is likely to drop (25 M) in 2024. View More FundamentalsGlobalstar Stock Against Markets
Picking the right benchmark for Globalstar stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Globalstar stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Globalstar is critical whether you are bullish or bearish towards Globalstar at a given time. Please also check how Globalstar's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Globalstar without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Globalstar Corporate Directors
Globalstar corporate directors refer to members of a Globalstar board of directors. The board of directors generally takes responsibility for the Globalstar's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Globalstar's board members must vote for the resolution. The Globalstar board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Keith Cowan | Independent Director | Profile | |
| Patrick McIntyre | Independent Director | Profile | |
| James Lynch | Director | Profile | |
| William Hasler | Independent Director | Profile |
How to buy Globalstar Stock?
Before investing in Globalstar, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Globalstar. To buy Globalstar stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Globalstar. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Globalstar stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Globalstar stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Globalstar stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Globalstar, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide.
Already Invested in Globalstar?
The danger of trading Globalstar is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Globalstar is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Globalstar. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Globalstar is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Globalstar is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Globalstar Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Globalstar Stock. Highlighted below are key reports to facilitate an investment decision about Globalstar Stock: 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary 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.
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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 (0.02) | Revenue Per Share 0.122 | Quarterly Revenue Growth 0.269 | Return On Assets 0.0023 | Return On Equity (0.07) |
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.