Globalstar Stock Today

GSAT Stock  USD 1.79  0.02  1.13%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 25

 
High
 
Low
Low
Globalstar is selling for under 1.79 as of the 24th of November 2024; that is 1.13 percent increase since the beginning of the trading day. The stock's last reported lowest price was 1.74. Globalstar has about a 25 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Globalstar are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of November 2023 and ending today, the 24th of November 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 1.89 B outstanding shares of which 24.85 M shares are currently shorted by private and institutional investors with about 7.54 trading days to cover. More on Globalstar

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Globalstar Stock Highlights

CEO DirectorPaul Jacobs
Thematic Ideas
(View all Themes)
Business ConcentrationDiversified Telecommunication Services, Telecommunication Services, Communication Services, Hedge Favorites, Communication, Communication Services, Diversified Telecommunication Services, Telecom Services, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.290.2421
Fairly Up
Slightly volatile
Gross Profit Margin0.380.6896
Way Down
Slightly volatile
Net Debt527.2 M335.8 M
Way Up
Slightly volatile
Total Current Liabilities153 M175.9 M
Fairly Down
Pretty Stable
Non Current Liabilities Total600 M369.4 M
Way Up
Slightly volatile
Total Assets942.2 M924.3 M
Fairly Up
Slightly volatile
Total Current Assets94.1 M142.7 M
Way Down
Slightly volatile
Debt Levels
Globalstar can leverage 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.
Liquidity
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.

Capital Expenditures

47 Million
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 3.39 B. Globalstar conducts business under Diversified Telecommunication Services sector and is part of Communication Services industry. The entity has 1.89 B outstanding shares of which 24.85 M shares are currently shorted by private and institutional investors with about 7.54 trading days to cover. Globalstar currently holds about 13.14 M in cash with 74.34 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Globalstar Probability Of Bankruptcy
Ownership Allocation
Globalstar has a total of 1.89 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. 60.6 (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. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Globalstar Ownership Details

Globalstar Historical Income Statement

At this time, Globalstar's Tax Provision is comparatively stable compared to the past year. Reconciled Depreciation is likely to gain to about 100.3 M in 2024, whereas Income Before Tax is likely to drop (24.8 M) in 2024. View More Fundamentals

Globalstar Stock Against Markets

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.