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Globalstar, Inc. (GSAT)

Stock Price: $0.381 USD 0.011 (3.09%)
Updated Aug 5, 2020 3:48 PM EDT - Market open

Stock Price Chart

Key Info

Market Cap 635.59M
Revenue (ttm) 133.83M
Net Income (ttm) -48.67M
Shares Out 1.67B
EPS (ttm) -0.08
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Aug 5, 2020
Last Price $0.381
Previous Close $0.370
Change ($) 0.011
Change (%) 3.09%
Day's Open 0.371
Day's Range 0.371 - 0.385
Day's Volume 4,100,409
52-Week Range 0.230 - 0.600

More Stats

Market Cap 635.59M
Enterprise Value 944.39M
Earnings Date (est) Oct 29, 2020
Ex-Dividend Date n/a
Shares Outstanding 1.67B
Float 496.66M
EPS (basic) -0.04
EPS (diluted) -0.08
FCF / Share 0.00
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 27.44M
Short Ratio 1.83
Short % of Float 4.93%
Beta 0.63
PE Ratio n/a
Forward PE n/a
P/FCF Ratio n/a
PS Ratio 4.75
PB Ratio 1.20
Revenue 133.83M
Operating Income -59.80M
Net Income -48.67M
Free Cash Flow -1.02M
Net Cash -308.80M
Net Cash / Share -0.19
Gross Margin 58.34%
Operating Margin -44.68%
Profit Margin -36.40%
FCF Margin -0.76%
ROA -3.93%
ROE -11.06%
ROIC 1.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (1)

Buy 0
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Hold

Price Target

$0.55*
Low
0.55
Current: $0.381
High
0.55
Target: 0.55
*Average 12-month price target from 1 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue13213011396.8690.4990.0682.7176.3272.8367.94
Revenue Growth1.23%15.49%16.31%7.04%0.47%8.89%8.38%4.79%7.19%-
Gross Profit78.0878.0264.8555.0548.0623.8633.0831.5714.2112.73
Operating Income-64.05-47.38-68.45-63.25-66.60-95.90-87.40-94.99-73.24-59.77
Net Income15.32-6.52-89.07-13372.32-463-591-112-54.92-97.47
Shares Outstanding1,4511,2701,1671,0641,020934615388299285
Earnings Per Share-0.07-0.01-0.08-0.120.07-0.50-0.96-0.29-0.18-0.34
Operating Cash Flow3.055.9213.868.812.163.98-6.466.87-5.50-23.34
Capital Expenditures-7.94-14.38-17.44-22.56-30.72-17.88-45.34-57.46-88.18-208
Free Cash Flow-4.89-8.46-3.58-13.74-28.56-13.90-51.81-50.59-93.69-232
Cash & Equivalents59.1375.4910548.2145.3945.0455.3358.5756.7369.36
Total Debt479463514576581630669751724665
Net Cash / Debt-420-388-409-528-536-585-614-692-667-595
Assets9661,0451,1291,1331,1751,2681,3731,4041,4201,387
Liabilities5586878389719381,1901,256909887851
Book Value40735929116223778.92117495534535
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Globalstar, Inc.
Country United States
Employees 336
CEO David B. Kagan

Stock Information

Ticker Symbol GSAT
Stock Exchange NYSE American
Sector Communication Services
Industry Telecom Services
Unique Identifier NYSEAMERICAN: GSAT
IPO Date November 2, 2006

Description

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 satellite data modem services comprising asynchronous and packet data services. 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 transmission 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 its sales force and e-commerce Website. As of December 31, 2019, it had approximately 775,000 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. was founded in 2003 and is headquartered in Covington, Louisiana.