Expand / Collapse search
Watch TV
☰

Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions.  Legal Statement.

This material may not be published, broadcast, rewritten, or redistributed. ©2024 FOX News Network, LLC. All rights reserved. FAQ - New Privacy Policy

globalstar inc. - GSAT

GSAT

Close Chg Chg %
1.72 0.04 2.03%

Pre-Market

1.76

+0.04 (2.03%)

Volume: 11.20M

Last Updated:

Nov 21, 2024, 3:59 PM EDT

Trade Now

Company Overview: globalstar inc. - GSAT

GSAT Key Data

Open

$1.64

 Day Range

1.64 - 1.79

52 Week Range

1.00 - 2.13

 Market Cap

$3.24B

Shares Outstanding

1.89B

 Public Float

749.11M

Beta

0.89

 Rev. Per Employee

N/A

P/E Ratio

N/A

 EPS

-$0.02

Yield

0.00%

 Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

32.15M

  

GSAT Performance

1 Week
 
 -1.67%
 
1 Month
 
 71.84%
 
3 Months
 
 19.59%
 
1 Year
 
 15.69%
 
5 Years
 
 382.16%
 

GSAT Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 4
Full Ratings ➔

About globalstar inc. - GSAT

Globalstar, Inc. engages in the provision of mobile satellite services. It offers voice and data communications services to the following markets: recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, natural resources, mining, and forestry, construction, utilities, and transportation. The company was founded in November 2003 and is headquartered in Covington, LA.

GSAT At a Glance

Globalstar, Inc.
1351 Holiday Square Boulevard
Covington, Louisiana 70433
Phone 1-985-335-1500 Revenue 223.81M
Industry Wireless Telecommunications Net Income -24,718,000.00
Sector Communications 2023 Sales Growth 50.708%
Fiscal Year-end 12 / 2024 Employees 348
View SEC Filings

GSAT Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 15.906
Price to Book Ratio 9.63
Price to Cash Flow Ratio 54.324
Enterprise Value to EBITDA 42.336
Enterprise Value to Sales 17.406
Total Debt to Enterprise Value 0.101

GSAT Efficiency

Revenue/Employee 643,126.437
Income Per Employee -71,028.736
Receivables Turnover 4.592
Total Asset Turnover 0.255

GSAT Liquidity

Current Ratio 0.811
Quick Ratio 0.728
Cash Ratio 0.323

GSAT Profitability

Gross Margin 29.867
Operating Margin 0.088
Pretax Margin -10.543
Net Margin -11.044
Return on Assets -2.813
Return on Equity -7.126
Return on Total Capital -3.204
Return on Invested Capital -4.091

GSAT Capital Structure

Total Debt to Total Equity 103.58
Total Debt to Total Capital 50.879
Total Debt to Total Assets 42.469
Long-Term Debt to Equity 93.658
Long-Term Debt to Total Capital 46.005
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Globalstar Inc. - GSAT

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
128.49M 124.30M 148.50M 223.81M
Sales Growth
-2.45% -3.26% +19.48% +50.71%
Cost of Goods Sold (COGS) incl D&A
143.60M 149.30M 159.60M 156.96M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
98.69M 100.94M 97.69M 91.82M
Depreciation
86.73M 86.83M 88.08M 90.14M
Amortization of Intangibles
11.96M 12.01M 8.41M 978.00K
COGS Growth
-1.79% +3.97% +6.90% -1.65%
Gross Income
(15.11M) (25.00M) (11.10M) 66.84M
Gross Income Growth
-4.28% -65.48% +55.61% +702.21%
Gross Profit Margin
-11.76% -20.12% -7.47% +29.87%
2020 2021 2022 2023 5-year trend
SG&A Expense
43.64M 40.26M 43.40M 66.65M
Research & Development
1.90M 1.00M 500.00K 1.40M
Other SG&A
41.74M 39.26M 42.90M 65.25M
SGA Growth
-9.90% -7.75% +7.81% +53.55%
Other Operating Expense
- - - -
-
Unusual Expense
(2.48M) (1.81M) 164.54M 9.04M
EBIT after Unusual Expense
(56.27M) (63.45M) (219.04M) (8.84M)
Non Operating Income/Expense
(4.28M) (5.94M) (7.63M) (148.00K)
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
48.43M 43.54M 30.17M 14.61M
Interest Expense Growth
-22.47% -10.10% -30.71% -51.57%
Gross Interest Expense
51.09M 47.79M 45.94M 38.48M
Interest Capitalized
2.66M 4.25M 15.77M 23.87M
Pretax Income
(108.98M) (112.92M) (256.84M) (23.59M)
Pretax Income Growth
-786.73% -3.62% -127.45% +90.81%
Pretax Margin
-84.82% -90.85% -172.95% -10.54%
Income Tax
662.00K (299.00K) 73.00K 1.12M
Income Tax - Current - Domestic
54.00K 153.00K 82.00K 240.00K
Income Tax - Current - Foreign
248.00K 7.00K (9.00K) 850.00K
Income Tax - Deferred - Domestic
- 360.00K (459.00K) 33.00K
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(109.64M) (112.63M) (256.92M) (24.72M)
Minority Interest Expense
- - - -
-
Net Income
(109.64M) (112.63M) (256.92M) (24.72M)
Net Income Growth
-815.47% -2.72% -128.12% +90.38%
Net Margin Growth
-85.33% -90.61% -173.00% -11.04%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(109.64M) (112.63M) (256.92M) (24.72M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(109.64M) (112.63M) (256.92M) (24.72M)
EPS (Basic)
-0.0668 -0.0638 -0.1427 -0.0135
EPS (Basic) Growth
-730.19% +4.49% -123.67% +90.54%
Basic Shares Outstanding
1.64B 1.77B 1.80B 1.84B
EPS (Diluted)
-0.0668 -0.0638 -0.1427 -0.0135
EPS (Diluted) Growth
+0.15% +4.49% -123.67% +90.54%
Diluted Shares Outstanding
1.64B 1.77B 1.80B 1.84B
EBITDA
39.95M 35.68M 43.19M 92.02M
EBITDA Growth
+15.56% -10.69% +21.05% +113.08%
EBITDA Margin
+31.09% +28.70% +29.08% +41.12%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 3.247
Number of Ratings 4 Current Quarters Estimate -0.001
FY Report Date 12 / 2024 Current Year's Estimate -0.008
Last Quarter’s Earnings 0.002 Median PE on CY Estimate N/A
Year Ago Earnings -0.003 Next Fiscal Year Estimate 0.001
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 3 3 3 3
Mean Estimate -0.00 -0.00 -0.01 0.00
High Estimates 0.00 0.00 0.00 0.01
Low Estimate -0.00 -0.00 -0.01 -0.01
Coefficient of Variance -173.14 -173.23 -91.29 690.81

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 3 3 4
OVERWEIGHT 0 0 0
HOLD 1 1 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Buy

Insider Actions for Globalstar Inc. - GSAT

Date Name Shares Transaction Value
Jun 5, 2024 Rebecca S. Clary VP & Chief Financial Officer 1,493,745 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $1.11 per share 1,658,056.95
May 15, 2024 William Albert Hasler Director 938,668 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $1.23 per share 1,154,561.64
May 15, 2024 Keith O. Cowan Director 791,668 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $1.23 per share 973,751.64
May 15, 2024 Benjamin G. Wolff Director 777,870 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $1.23 per share 956,780.10
May 15, 2024 Timothy E. Taylor VP, Finance & Operations; Director 3,454,244 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $1.23 per share 4,248,720.12
Mar 19, 2024 Timothy E. Taylor VP, Finance & Operations; Director 10,673,649 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $1.43 per share 15,263,318.07
Mar 11, 2024 James Monroe Director 9,700,720 Open market or private purchase of non-derivative security Non-derivative transaction at $1.31 per share 12,707,943.20
Mar 11, 2024 James Monroe Director 10,360,720 Open market or private purchase of non-derivative security Non-derivative transaction at $1.34 per share 13,883,364.80
Mar 8, 2024 Paul E. Jacobs Chief Executive Officer; Director 154,558 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $1.33 per share 205,562.14
Mar 8, 2024 Paul E. Jacobs Chief Executive Officer; Director 76,523 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $1.33 per share 101,775.59
Mar 8, 2024 L. Barbee Ponder General Counsel 2,092,313 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $1.33 per share 2,782,776.29
Mar 8, 2024 L. Barbee Ponder General Counsel 2,053,553 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $1.33 per share 2,731,225.49
Mar 8, 2024 Rebecca S. Clary VP & Chief Financial Officer 1,643,745 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $1.33 per share 2,186,180.85
Dec 13, 2023 L. Barbee Ponder General Counsel 2,125,278 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $1.47 per share 3,124,158.66
Dec 13, 2023 Rebecca S. Clary VP & Chief Financial Officer 1,594,496 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $1.47 per share 2,343,909.12

Globalstar Inc. in the News