Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $24.93 in the prior trading day, Globalstar Inc (NASDAQ: GSAT) closed at $24.57, down -1.44%. In other words, the price has decreased by -$1.44 from its previous closing price. On the day, 0.51 million shares were traded. GSAT stock price reached its highest trading level at $25.255 during the session, while it also had its lowest trading level at $24.3046.
Ratios:
Our goal is to gain a better understanding of GSAT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 115.32. For the most recent quarter (mrq), Quick Ratio is recorded 2.19 and its Current Ratio is at 2.27. In the meantime, Its Debt-to-Equity ratio is 1.56 whereas as Long-Term Debt/Eq ratio is at 1.47.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Imperial Capital on August 04, 2023, initiated with a Outperform rating and assigned the stock a target price of $7.79.
On May 03, 2023, Morgan Stanley Upgraded its rating to Equal-Weight which previously was Underweight and also lowered its target price recommendation from $1.75 to $0.97.
On October 31, 2022, Craig Hallum started tracking the stock assigning a Buy rating and target price of $5.Craig Hallum initiated its Buy rating on October 31, 2022, with a $5 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 16 ’25 when Monroe James III bought 50,000 shares for $18.68 per share. The transaction valued at 933,890 led to the insider holds 58,833,076 shares of the business.
Monroe James III bought 25,000 shares of GSAT for $469,325 on May 14 ’25. The Director now owns 58,783,076 shares after completing the transaction at $18.77 per share. On May 12 ’25, another insider, Monroe James III, who serves as the Director of the company, bought 50,000 shares for $18.56 each. As a result, the insider paid 928,035 and bolstered with 58,758,076 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GSAT now has a Market Capitalization of 3110144256 and an Enterprise Value of 3405695488. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.25 while its Price-to-Book (P/B) ratio in mrq is 9.03. Its current Enterprise Value per Revenue stands at 13.413 whereas that against EBITDA is 37.133.
Stock Price History:
The Beta on a monthly basis for GSAT is 0.88, which has changed by 0.37647057 over the last 52 weeks, in comparison to a change of 0.16932249 over the same period for the S&P500. Over the past 52 weeks, GSAT has reached a high of $41.10, while it has fallen to a 52-week low of $15.00. The 50-Day Moving Average of the stock is 7.97%, while the 200-Day Moving Average is calculated to be 4.84%.
Shares Statistics:
The stock has traded on average 623.05K shares per day over the past 3-months and 572640 shares per day over the last 10 days, according to various share statistics. A total of 126.58M shares are outstanding, with a floating share count of 49.79M. Insiders hold about 60.67% of the company’s shares, while institutions hold 20.86% stake in the company. Shares short for GSAT as of 1752537600 were 2787698 with a Short Ratio of 4.47, compared to 1749772800 on 2324928. Therefore, it implies a Short% of Shares Outstanding of 2787698 and a Short% of Float of 5.609999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
Globalstar Inc (GSAT) is presently subject to a detailed evaluation by 1.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.06 and low estimates of -$0.06.
Analysts are recommending an EPS of between -$0.35 and -$0.35 for the fiscal current year, implying an average EPS of -$0.35. EPS for the following year is -$0.01, with 1.0 analysts recommending between -$0.01 and -$0.01.
Revenue Estimates
2 analysts predict $63.14M in revenue for the current quarter. It ranges from a high estimate of $63.61M to a low estimate of $62.66M. As of the current estimate, Globalstar Inc’s year-ago sales were $60.38MFor the next quarter, 2 analysts are estimating revenue of $69.04M. There is a high estimate of $69.85M for the next quarter, whereas the lowest estimate is $68.23M.
A total of 2 analysts have provided revenue estimates for GSAT’s current fiscal year. The highest revenue estimate was $261.71M, while the lowest revenue estimate was $260.28M, resulting in an average revenue estimate of $260.99M. In the same quarter a year ago, actual revenue was $250.35MBased on 1 analysts’ estimates, the company’s revenue will be $314.94M in the next fiscal year. The high estimate is $314.94M and the low estimate is $314.94M.
