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Globalstar Inc (DE:P8S)
FRANKFURT:P8S
P8S Stock Chart & Stats
Day’s Range― - ―
52-Week Range$0.91 - $2.47
Previous CloseN/A
Volume148.00
Average Volume (3M)1.59K
Market Cap
$3.43B
Enterprise Value$2.74B
Total Cash (Recent Filing)$15.21M
Total Debt (Recent Filing)$463.53M
Price to Earnings (P/E)―
Beta0.85
Next Earnings
Feb 26, 2025EPS Estimate
>-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,894,201,300
10 Day Avg. Volume246
30 Day Avg. Volume1,591
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)15.51
Price to Cash Flow (P/CF)29.20
P/FCF Ratio111.90
Enterprise Value/Market Cap0.80
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit17.75
Enterprise Value/Ebitda33.01
Forecast
1Y Price Target
$4.33Price Target Upside192.77% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
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Bulls Say, Bears Say
Bulls Say
Investment And PartnershipApple's $1.75B investment in Globalstar is set to fund a new constellation, enhancing services and capacity.
Market AdvantageGlobalstar's combination of satellite and terrestrial capabilities provides a material advantage in offering various services to wholesale and enterprise customers.
Revenue GrowthThe deal is expected to more than double Globalstar's revenue relative to 2024, indicating a long-term revenue target of ~$500M.
Bears Say
Sales DeclineDeclines in equipment sales and legacy services have been observed, affecting overall performance.
Service LimitationThe Starlink service will be available only to US customers, limiting Globalstar's market reach.
Stock PerformanceThe stock fell 31% in reaction to recent news and remains down 21% from prior levels despite some recovery.
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Options Prices
Currently, No data available
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Ownership Overview
60.88% Insiders
5.99%
Mutual Funds
0.44% Other Institutional Investors
26.18% Public Companies and Individual Investors
P8S FAQ
What was Globalstar Inc’s price range in the past 12 months?
Globalstar Inc lowest stock price was $0.91 and its highest was $2.47 in the past 12 months.
What is Globalstar Inc’s market cap?
Globalstar Inc’s market cap is $3.43B.
When is Globalstar Inc’s upcoming earnings report date?
Globalstar Inc’s upcoming earnings report date is Feb 26, 2025 which is 25 days ago.
How were Globalstar Inc’s earnings last quarter?
Globalstar Inc released its earnings results on Nov 07, 2024. The company reported $0.024 earnings per share for the quarter, beating the consensus estimate of -$0.018 by $0.043.
Is Globalstar Inc overvalued?
According to Wall Street analysts Globalstar Inc’s price is currently Undervalued.
Does Globalstar Inc pay dividends?
Globalstar Inc does not currently pay dividends.
What is Globalstar Inc’s EPS estimate?
Globalstar Inc’s EPS estimate is >-0.01.
How many shares outstanding does Globalstar Inc have?
Globalstar Inc has 1,894,201,300 shares outstanding.
What happened to Globalstar Inc’s price movement after its last earnings report?
Globalstar Inc reported an EPS of $0.024 in its last earnings report, beating expectations of -$0.018. Following the earnings report the stock price went up 2.18%.
Which hedge fund is a major shareholder of Globalstar Inc?
Currently, no hedge funds are holding shares in DE:P8S
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Globalstar Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$4.33 (192.77% Upside)
$4.33 (192.77% Upside)
Blogger Sentiment
Bullish
DE:P8S Sentiment 100%
Sector Average 64%
Sector Average 64%
Insider Transactions
Bought Shares
Worth $2.9M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
21.47%
12-Months-Change
Fundamentals
Return on Equity
-7.21%
Trailing 12-Months
Asset Growth
0.76%
Trailing 12-Months
Company Description
Globalstar Inc
Globalstar, Inc. provides mobile satellite services, voice and data communications services through satellite worldwide. It offers communications services via satellite which includes: two-way voice communication and data transmissions using mobile or fixed devices; and one-way data transmissions using a mobile or fixed device that transmits its location and other information to a central monitoring station. The company provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. It serves to government; public safety and disaster relief; recreation and personal; telecommunications; oil and gas; maritime and fishing; natural resources; construction; utilities; and transportation markets. Globalstar was founded in November 2003 and is headquartered in Covington, LA.
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P8S Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlights strong revenue and EBITDA growth, a healthy financial position, and strategic regulatory and partnership developments. However, concerns about revenue variability and uncertainty regarding new constellation impacts slightly temper the enthusiasm.Read More>---
P8S Stock 12 Month Forecast
Average Price Target
$4.33
▲(192.77% Upside)
Technical Analysis
Best Analysts Covering P8S
1 Year
1 Year Success Rate
9/20 ratings generated profit
1 Year Average Return
-0.18%
reiterated a buy rating 2 months ago
Copying George Sutton's trades and holding each position for 1 Year would result in 45.00% of your transactions generating a profit, with an average return of -0.18% per trade.
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