Globalstar, Inc(NYSE MKT:GSAT)

Latest On Globalstar, Inc (GSAT):

Updated on: March 18, 2021

Date/Time	Type	Description	Signal
2023-05-05 14:37 EST	News	Globalstar GAAP EPS of $0.00 beats by $0.01, revenue of $58.64M beats by $9.21M	N/A
2023-05-05 14:37 EST	News	Globalstar, Inc. (GSAT) Q1 2023 Earnings Call Transcript	N/A
2023-05-04 12:40 EST	News	Globalstar Q1 2023 Earnings Preview	N/A
2023-05-03 11:14 EST	News	Globalstar pops as Morgan Stanley upgrades, says financing overhang 'removed'	N/A
2023-03-31 05:33 EST	News	Globalstar: Still A Long Way To Go	N/A

About Globalstar, Inc (GSAT):

Globalstar, Inc. provides mobile satellite services worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and data modem services and equipment. It also provides SPOT consumer retail products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Internet of Things one-way tr read more...ansmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets. Further, it sells wholesale minutes to independent gateway operators (IGOs); and provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company distributes its products directly, as well as through independent agents, dealers and resellers, retailers, IGOs, and sales force and e-commerce Website. As of December 31, 2020, it had approximately 745,000 subscribers. The company primarily serves recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, and forestry markets. Globalstar, Inc. has a strategic alliance with XCOM Labs to jointly commercialize XCOM's capacity-multiplying technology with Globalstar's Band n53 for 5G deployments in the United States and other countries where Globalstar has terrestrial rights. The company was founded in 1993 and is headquartered in Covington, Louisiana.

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General

Name Globalstar, Inc
Symbol GSAT
Type Common Stock
Exchange NYSE MKT
Currency USD
Country USA
SectorCommunication Services
IndustryTelecom Services
Full Time Employees 346
Fiscal Year EndDecember
IPO Date2006-11-02
Gic SectorCommunication Services
Gic GroupCommunication Services
Gic IndustryDiversified Telecommunication Services
Gic SubIndustryAlternative Carriers
Web URLhttp://www.globalstar.com

Valuation

Price/Sales (Trailing 12 Mt.) 20.45
Price/Book (Most Recent Quarter) 6.35
Enterprise Value Revenue 23.91
Enterprise Value EBITDA 80.69

Financials

Most Recent Quarter 2020-12-31
Next Quarter EPS Estimate -$0.02
Profit Margin -85%
Operating Margin -47%
Return on Assets -4%
Return on Equity -26%
Revenue 128.49 million
Earnings Per Share $0.01
Revenue Per Share $0.08
Gross Profit 79.81 million
Quarterly Earnings Growth 4.2%

Highlights

Market Capitalization 2.84 billion
EBITDA 35.97 million
PE Ratio -48.06
PEG Ratio -0.75
Analyst Target Price $0.55
Book Value Per Share $0.25

Share Statistics

Shares Outstanding 1.67 billion
Shares Float 520.53 million
% Held by Insiders 6362%
% Held by Institutions 19.66%
Shares Short 46.64 million
Shares Short Prior Month 33.3 million
Short Ratio 0.72
Short % of Float 8%
Short % of Shares Outstanding 3%

Technicals

Beta 0.06
52 Week High $2.79
52 Week Low $0.25
50 Day Moving Average 1.65
200 Day Moving Average 0.72

Dividends

Dividend Date N/A
ExDividend Date N/A
Dividend Yield 0%

Globalstar, Inc (GSAT) Dividend Calendar:

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Ex-Dividend Date	Payment Date	Record Date	Declared Date	Amount
No data available in table

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EPS

EPS Estimate

Globalstar, Inc (GSAT) Earnings History:

Companies typically report earnings on both a quarterly and annual basis. Earnings reported that deviate from analysts' expectations can have a large impact on a stock's price.

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Quarter Date	Report Date	Actual Revenue	Reported EPS	EPS Estimate	Deviation from Estimate
2020-12-31	2021-03-03	$N/A	-$0.01	-$0.02	50%
2020-09-30	2020-11-06	$32.76 million	-$0.01	-$0.01	0%
2020-06-30	2020-08-06	$N/A	-$0.01	-$0.01	0%
2020-03-31	2020-05-07	$N/A	-$0.02	-$0.02	0%
2019-12-31	2020-02-27	$31.84 million	-$0.03	$0.01	-400%
2019-09-30	2019-11-12	$38.61 million	-$0.01	-$0.02	50%
2019-06-30	2019-08-09	$31.19 million	$0.01	-$0.02	150%
2019-03-31	2019-05-02	$30.08 million	$0.02	-$0.02	200%
2018-12-31	2019-02-28	$31.95 million	-$0.07	-$0.02	-250%
2018-09-30	2018-11-01	$35.69 million	$0.01	-$0.02	150%

Globalstar, Inc (GSAT) Company Financial Statements:

Financial statements are reports prepared by a company's management to present their financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, and statement of cash flows.

Income Statement:

Date
Research Development
Income Before Tax
Selling General Administrative
Gross Profit
Ebit
Operating Income
Income Tax Expense
Total Revenue
Cost of Revenue
Total Other Income Expense Net
Net Income From Continuing Operations
Net Income Applicable to Common Shares

Cash Flow:

Date
Investments
Change to Liabilities
Total Cash Flow from Investing Activities
Net Borrowings
Total Cash Flow from Financial Activities
Change to Operating Activities
Change in Cash
Total Cash from Operating Activities
Depreciation
Other Cash Flow from Investing Activities
Change to Inventory
Change to Account Receivables
Other Cash Flow from Financing Activities
Change to Net Income
Capital Expenditures

Balance Sheet:

Date
Total Liabailities
Total Stockholder Equity
Other Current Liabilities
Total Assets
Common Stock
Other Current Assets
Retained Earnings
Other Liabilities
Other Assets
Cash
Total Current Liabilities
Other Stockholder Equity
Property, Plant & Equipment
Total Current Assets
Long Term Investments
Net Tangible Assets
Short Term Investments
Long Term Debt
Inventory
Accounts Payable

Globalstar, Inc (GSAT) Chart:

Globalstar, Inc (GSAT) News:

Below you will find a list of latest news for Globalstar, Inc (GSAT) from major news sources. You can filter the results to only show news from a specific source.

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Globalstar, Inc (GSAT) Options:

A stock option is a contract between two parties in which the stock option buyer (holder) purchases the right (but not the obligation) to buy/sell 100 shares of an underlying stock at a predetermined price from/to the option seller (writer) within a fixed period of time.

Expiration Date:

Options Type:

Moneyness:

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Expiration Date	Strike	Last Price	Type	Volume	Open Interest	Implied Volatility	In the Money	Change	Change Percent
2025-05-16	13	0	CALL	0	0	213.27	TRUE	0	0
2025-05-16	14	0	CALL	0	0	105.09	TRUE	0	0
2025-05-16	15	0	CALL	0	0	146.72	TRUE	0	0
2025-05-16	16	4.07	CALL	0	1	77.81	TRUE	0	0
2025-05-16	17	0	CALL	0	0	96.8	TRUE	0	0
2025-05-16	18	2.05	CALL	0	76	121.09	TRUE	0	0
2025-05-16	19	2	CALL	0	29	80.3	TRUE	0	0
2025-05-16	20	1.15	CALL	23	81	72.64	FALSE	0.03	0.03
2025-05-16	21	0.79	CALL	11	282	73.63	FALSE	-0.06	-0.07
2025-05-16	22	0.45	CALL	1	97	82.47	FALSE	0.45	0
2025-05-16	23	0.25	CALL	6	97	73.45	FALSE	0.25	0
2025-05-16	24	0.19	CALL	503	183	72.43	FALSE	0.04	0.27
2025-05-16	25	0.15	CALL	100	239	77.71	FALSE	0.15	0
2025-05-16	26	0.15	CALL	0	30	74.61	FALSE	0	0
2025-05-16	27	0.06	CALL	0	10	91.58	FALSE	0	0
2025-05-16	28	0.04	CALL	0	44	116.93	FALSE	0	0
2025-05-16	29	0.2	CALL	0	8	114.94	FALSE	0	0
2025-05-16	30	0.2	CALL	0	11	118.31	FALSE	0	0
2025-05-16	13	0	PUT	0	0	205.35	FALSE	0	0
2025-05-16	14	0	PUT	0	0	133.77	FALSE	0	0

Latest GSAT Trades:

Date	Shares	Price
Jun 13, 2022 7:57 PM EST	100	$1.145
Jun 13, 2022 7:57 PM EST	100	$1.145
Jun 13, 2022 7:57 PM EST	100	$1.145
Jun 13, 2022 7:59 PM EST	100	$1.145
Jun 13, 2022 7:59 PM EST	100	$1.145

Globalstar, Inc (GSAT) SEC Filings:

An SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make regular SEC filings.

Form Type:

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Date	Form Type	View
2020-11-06	8-K (Current report)
2020-11-06	10-Q (Quarterly report [Sections 13 or 15(d)])
2020-11-03	4 (Statement of changes in beneficial ownership of securities)
2020-08-06	8-K (Current report)
2020-08-06	10-Q (Quarterly report [Sections 13 or 15(d)])
2020-06-16	8-K (Current report)
2020-06-16	8-K (Current report)
2020-06-04	4 (Statement of changes in beneficial ownership of securities)
2020-06-04	4 (Statement of changes in beneficial ownership of securities)
2020-06-04	4 (Statement of changes in beneficial ownership of securities)
2020-06-04	4 (Statement of changes in beneficial ownership of securities)
2020-05-29	SD ()
2020-05-07	8-K (Current report)
2020-05-07	10-Q (Quarterly report [Sections 13 or 15(d)])
2020-04-28	DEF 14A (Other definitive proxy statements)
2020-04-13	5 (Annual statement of changes in beneficial ownership of securities)
2020-04-13	5 (Annual statement of changes in beneficial ownership of securities)
2020-04-13	5 (Annual statement of changes in beneficial ownership of securities)
2020-04-13	5 (Annual statement of changes in beneficial ownership of securities)
2020-04-13	4 (Statement of changes in beneficial ownership of securities)

Globalstar, Inc (GSAT) Insider Transactions:

Here you will find a list of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of Globalstar, Inc (GSAT). Company insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
Insider Ownership: 6362%
Institutional Ownership: 1966%

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Transaction Date	Insider Name	Insider Title	Type	Shares Number	Shares Price	Total Transaction	Shares Held After Transaction
2020-10-30	L Barbee IV Ponder	General Counsel	Buy	266,667.00	0.30	80,000.10	1,109,061.00
2020-05-18	Timothy Evan Taylor	Director	Buy	50,000.00	0.31	15,390.00	1,508,112.00
2020-05-18	KEITH O COWAN	Director	Buy	50,000.00	0.31	15,390.00	248,908.00
2020-05-18	Benjamin G Wolff	Director	Buy	50,000.00	0.31	15,390.00	299,917.00
2020-05-18	WILLIAM A HASLER	Director	Buy	50,000.00	0.31	15,390.00	483,908.00
2020-04-08	Rebecca Clary	VP & Chief Financial Officer	Buy	250,000.00	0.30	74,950.00	1,197,026.00
2020-04-08	Timothy Evan Taylor	Director	Buy	250,000.00	0.30	74,950.00	1,458,112.00
2020-03-12	L Barbee IV Ponder	General Counsel	Buy	210,379.00	0.29	60,000.09	851,670.00
2020-03-04	Rebecca Clary	VP & Chief Financial Officer	Buy	182,983.00	0.44	80,512.52	1,010,521.00
2020-03-03	Timothy Evan Taylor	Director	Buy	182,983.00	0.44	80,512.52	1,208,112.00
2020-03-03	David B. Kagan	Chief Executive Officer	Buy	297,347.00	0.44	130,832.68	4,963,069.00
2020-03-03	L Barbee IV Ponder	General Counsel	Buy	91,491.00	0.44	40,256.04	673,038.00
2020-01-02	MICHAEL J LOVETT	Director	Buy	92,525.00	0.54	49,963.50	198,908.00
2020-01-02	Benjamin G Wolff	Director	Buy	92,525.00	0.54	49,963.50	249,917.00
2020-01-02	KEITH O COWAN	Director	Buy	92,525.00	0.54	49,963.50	291,433.00
2020-01-02	James III Monroe	Director	Buy	92,525.00	0.54	49,963.50	398,908.00
2020-01-02	WILLIAM A HASLER	Director	Buy	92,525.00	0.54	49,963.50	433,908.00
2020-01-02	James F Lynch	Director	Buy	92,525.00	0.54	49,963.50	578,908.00
2020-01-02	Timothy Evan Taylor	Director	Buy	92,525.00	0.54	49,963.50	798,746.00
2019-12-23	James III Monroe	Director	Buy	9,727.00	0.50	4,863.50	833,503,133.00

Globalstar, Inc

(NYSE MKT:GSAT)

$1.26

STRONG SELL

Latest On Globalstar, Inc (GSAT):

About Globalstar, Inc (GSAT):

General

Valuation

Financials

Highlights

Share Statistics

Technicals

Dividends

Globalstar, Inc (GSAT) Dividend Calendar:

Globalstar, Inc (GSAT) Earnings History:

Globalstar, Inc (GSAT) Company Financial Statements:

Income Statement:

Cash Flow:

Balance Sheet:

Globalstar, Inc (GSAT) Chart:

Globalstar, Inc (GSAT) News:

Globalstar, Inc (GSAT) Options:

Latest GSAT Trades:

Globalstar, Inc (GSAT) SEC Filings:

Globalstar, Inc (GSAT) Insider Transactions: