Is Globalstar (GSAT) stock overvalued?
Globalstar (GSAT) stock is expected to go DOWN . Therefore, AI Pickup would say that Globalstar (GSAT) stock is overvalued. Will Globalstar stock price go up?
How much is a share of GSAT worth?
One share of GSAT stock can currently be purchased for approximately $1.06. How much money does Globalstar make? Globalstar has a market capitalization of $1.90 billion and generates $128.49 million in revenue each year.
What is the Globalstar stock price forecast for 2022?
For Globalstar stock forecast 2022, 12 predictions are offered for each month of 2022 with average Globalstar stock forecast of $1.47, a high forecast of $1.68, and a low forecast of $1.31. The average Globalstar stock forecast 2022 represents a 10.23% increase from the last price of $1.33.
How did GSAT's earnings compare to analysts' estimates?
Globalstar, Inc. (NYSE:GSAT) posted its earnings results on Thursday, May, 5th. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.01. The firm earned $32.77 million during the quarter, compared to analysts' expectations of $29.11 million.
What is the future of GSAT stock?
Globalstar Inc (NYSE American:GSAT) The 2 analysts offering 12-month price forecasts for Globalstar Inc have a median target of 2.14, with a high estimate of 3.25 and a low estimate of 1.03. The median estimate represents a +58.52% increase from the last price of 1.35.
Is GSAT a good investment?
The financial health and growth prospects of GSAT, demonstrate its potential to underperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.
What is the target price for GSAT stock?
Stock Price TargetsHigh$3.25Median$2.14Low$1.03Average$2.14Current Price$1.23
Is Globalstar Inc a buy?
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Globalstar is 'Buy'.
Who owns GSAT stock?
Top 10 Owners of Globalstar IncStockholderStakeShares ownedMudrick Capital Management LP4.96%89,247,097The Vanguard Group, Inc.3.59%64,526,668BlackRock Fund Advisors1.98%35,717,546Beck, Mack & Oliver LLC0.99%17,759,8836 more rows
What kind of company is Globalstar?
American satellite communications companyGlobalstar, Inc. is an American satellite communications company that operates a low Earth orbit (LEO) satellite constellation for satellite phone and low-speed data communications.
What is happening with Globalstar?
Globalstar (GSAT) Reports Q3 Loss, Tops Revenue Estimates Globalstar (GSAT) delivered earnings and revenue surprises of -100.00% and 14.88%, respectively, for the quarter ended September 2021.
Where can I buy GSAT stock?
Buy Globalstar shares from these brokeragesNameAsset typeseToroStocks, ETFs, CryptocurrencyGo to site More InfoSoFi InvestStocks, ETFs, CryptocurrencyGo to site More InfoVanguard Personal AdvisorStocks, Mutual funds, ETFsGo to site More InfoWebullStocks, Options, ETFs, CryptocurrencyGo to site More Info1 more row
Is GSAT being shorted?
Short Shares Availability This table shows the number of shares of US:GSAT available to be shorted at a leading prime brokerage.
Why is Globalstar dropping?
As Globalstar explained, "Total revenue for the first quarter of 2021 decreased 16% from the first quarter of 2020; however, this decline was due primarily to the timing of engineering service revenue." CEO Dave Kagan pointed out, "both service and equipment revenue [were higher] than pre-pandemic levels in the first ...
Is Gstat a good stock to buy?
The consensus among 1 Wall Street analyst covering (NYSEMKT: GSAT) stock is to Strong Buy GSAT stock.
Should I buy or sell Globalstar stock right now?
1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Globalstar in the last year. There are currently 1 buy r...
How has Globalstar's stock price performed in 2022?
Globalstar's stock was trading at $1.03 on January 1st, 2022. Since then, GSAT stock has increased by 15.5% and is now trading at $1.19. View the...
Are investors shorting Globalstar?
Globalstar saw a decline in short interest during the month of May. As of May 31st, there was short interest totaling 42,140,000 shares, a decline...
How were Globalstar's earnings last quarter?
Globalstar, Inc. (NYSEAMERICAN:GSAT) announced its quarterly earnings data on Thursday, May, 5th. The Wireless communications provider reported ($0...
Who are Globalstar's key executives?
Globalstar's management team includes the following people: Mr. James Monroe III , Exec. Chairman (Age 67, Pay $50k) Mr. David B. Kagan , Chief...
Who are some of Globalstar's key competitors?
Some companies that are related to Globalstar include Telecom Italia (TIAIY) , Telecom Italia (TIIAY) , Cogent Communications (CCOI) , Calix (C...
What other stocks do shareholders of Globalstar own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Globalstar investors own include SentinelOne (S) , Corbus...
What is Globalstar's stock symbol?
Globalstar trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "GSAT."
Who are Globalstar's major shareholders?
Globalstar's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (3.67%),...
What is Globalstar stock worth in 2020?
How much does Globalstar make?
Globalstar's stock was trading at $0.31 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, GSAT shares have increased by 354.8% and is now trading at $1.41. View which stocks have been most impacted by COVID-19.
Is Globalstar a hold?
Globalstar has a market capitalization of $2.53 billion and generates $128.49 million in revenue each year . The Wireless communications provider earns $-109,640,000.00 in net income (profit) each year or ($0.07) on an earnings per share basis.
What is Globalstar Inc?
Wall Street analysts have given Globalstar a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Globalstar wasn't one of them. MarketBeat thinks these five companies may be even better ...
Does market cap include convertible securities?
Globalstar Inc is a telecommunications company that derives revenue from the provision of mobile satellite services. Mobile satellite services are typically used by customers where existing terrestrial wireline and wireless communications networks are impaired or do not exist.
When will Viasat release its financial results?
It does not include securities convertible into the common equity securities. "Market Cap" is derived from the last sale price for the displayed class of listed securities and the total number of shares outstanding for both listed and unlisted securities (as applicable).
What is a VSAT?
Viasat Releases First Quarter Fiscal Year 2022 Financial Results. Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced its first quarter fiscal year 2022 financial results in a letter to shareholders, which is now posted to the Investor Relations section of Viasat's website. Zacks • 14 days ago.
What is VSAT in flight?
Flexjet LLC, a global leader in fractional private jet travel, and Viasat Inc. (NASDAQ: VSAT), a global communications company , today announced a partnership to install Viasat's industry-leading in-flight connectivity (IFC) system on select Flexjet fleets.
Where is Viasat 3?
(NASDAQ: VSAT), a global communications company, today announced a partnership to install Viasat's industry-leading in-flight connectivity (IFC) system on select Flexjet fleets. This partnership is two-fold: it will provide Viasat's high-speed Ka-band IFC service on Flexjet's Embraer Praetor 600 super-mid cabin fleet, which serves transatlantic and domestic European routes; additionally, the partnership will provide V
