Globalstar Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $1.43
- Today's High:
- $1.645
- Open Price:
- $1.5
- 52W Low:
- $0.85
- 52W High:
- $2.33
- Prev. Close:
- $1.48
- Volume:
- 15175971
Company Statistics
- Market Cap.:
- $2.66 billion
- Book Value:
- 0.174
- Revenue TTM:
- $192.65 million
- Operating Margin TTM:
- -11.26%
- Gross Profit TTM:
- $83.48 million
- Profit Margin:
- -110.65%
- Return on Assets TTM:
- -1.53%
- Return on Equity TTM:
- -66.13%
Company Profile
Globalstar Inc had its IPO on 2006-11-02 under the ticker symbol GSAT.
The company operates in the Communication Services sector and Telecom Services industry. Globalstar Inc has a staff strength of 332 employees.
Stock update
Shares of Globalstar Inc opened at $1.5 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $1.43 - $1.65, and closed at $1.44.
This is a -2.7% slip from the previous day's closing price.
A total volume of 15,175,971 shares were traded at the close of the day’s session.
In the last one week, shares of Globalstar Inc have slipped by -2.7%.
Globalstar Inc's Key Ratios
Globalstar Inc has a market cap of $2.66 billion, indicating a price to book ratio of 20.324 and a price to sales ratio of 18.1787.
In the last 12-months Globalstar Inc’s revenue was $192.65 million with a gross profit of $83.48 million and an EBITDA of $68.05 million. The EBITDA ratio measures Globalstar Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Globalstar Inc’s operating margin was -11.26% while its return on assets stood at -1.53% with a return of equity of -66.13%.
In Q2, Globalstar Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 49.7%.
Globalstar Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 0
- PEG
- -0.75
Its diluted EPS in the last 12-months stands at $-0.11 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of -0.75. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Globalstar Inc’s profitability.
Globalstar Inc stock is trading at a EV to sales ratio of 21.3785 and a EV to EBITDA ratio of 84.9508. Its price to sales ratio in the trailing 12-months stood at 18.1787.
Globalstar Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $832.44 million
- Total Liabilities
- $173.78 million
- Operating Cash Flow
- $-53061000.00
- Capital Expenditure
- $112.64 million
- Dividend Payout Ratio
- 0%
Globalstar Inc ended 2024 with $832.44 million in total assets and $0 in total liabilities. Its intangible assets were valued at $832.44 million while shareholder equity stood at $315.37 million.
Globalstar Inc ended 2024 with $0 in deferred long-term liabilities, $173.78 million in other current liabilities, 181000.00 in common stock, $-2043735000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $65.33 million and cash and short-term investments were $65.33 million. The company’s total short-term debt was $29,800,000 while long-term debt stood at $306.79 million.
Globalstar Inc’s total current assets stands at $121.00 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $30.19 million compared to accounts payable of $3.02 million and inventory worth $10.66 million.
In 2024, Globalstar Inc's operating cash flow was $-53061000.00 while its capital expenditure stood at $112.64 million.
Comparatively, Globalstar Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $1.44
- 52-Week High
- $2.33
- 52-Week Low
- $0.85
- Analyst Target Price
- $4.36
Globalstar Inc stock is currently trading at $1.44 per share. It touched a 52-week high of $2.33 and a 52-week low of $2.33. Analysts tracking the stock have a 12-month average target price of $4.36.
Its 50-day moving average was $1.17 and 200-day moving average was $1.21 The short ratio stood at 9.75 indicating a short percent outstanding of 0%.
Around 6192.6% of the company’s stock are held by insiders while 1862% are held by institutions.
Frequently Asked Questions About Globalstar Inc
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About
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. It also provides one-way or two-way communications and data transmissions using mobile devices, including the SPOT family of products, such as SPOT X, SPOT Gen4, and SPOT Trace that transmit messages and the location of the device; commercial Internet of Things transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets; small satellite transmitter modules, such as the STX-3, ST-150 and ST100, and chips that enable an integrator’s products to access company’s network; and engineering and other communication services using MSS and terrestrial spectrum licenses, as well as undertakes installation of gateways and antennas. The company distributes its products through retailers, sales force, and e-commerce website. Globalstar, Inc. 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. The company was founded in 1993 and is headquartered in Covington, Louisiana.