In last trading session, Globalstar Inc (NASDAQ:GSAT) saw 0.3 million shares changing hands with its beta currently measuring 0.88. Company’s recent per share price level of $19.61 trading at $0.06 or 0.31% at ring of the bell on the day assigns it a market valuation of $2.48B. That closing price of GSAT’s stock is at a discount of -109.59% from its 52-week high price of $41.10 and is indicating a premium of 23.51% from its 52-week low price of $15.00. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.44 million shares which gives us an average trading volume of 852.58K if we extend that period to 3-months.

For Globalstar Inc (GSAT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.07 in the current quarter.

Globalstar Inc (NASDAQ:GSAT) trade information

Upright in the green during last session for gaining 0.31%, in the last five days GSAT remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $19.61 price level, adding 2.44% to its value on the day. Globalstar Inc’s shares saw a change of -36.84% in year-to-date performance and have moved 0.20% in past 5-day. Globalstar Inc (NASDAQ:GSAT) showed a performance of -14.92% in past 30-days. Number of shares sold short was 2.75 million shares which calculate 3.79 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 45 to the stock, which implies a rise of 56.42% to its current value. Analysts have been projecting 45 as a low price target for the stock while placing it at a high target of 45. It follows that stock’s current price would drop -129.47% in reaching the projected high whereas dropping to the targeted low would mean a loss of -129.47% for stock’s current value.

Globalstar Inc (GSAT) estimates and forecasts

This year revenue growth is estimated to rise 5.58% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 63.83M for the same. And 2 analysts are in estimates of company making revenue of 64.54M in the next quarter. Company posted 56.48M and 60.38M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 10.18% during past 5 years.

Globalstar Inc (NASDAQ:GSAT)’s Major holders

Insiders are in possession of 60.86% of company’s total shares while institution are holding 20.35 percent of that, with stock having share float percentage of 52.00%. Investors also watch the number of corporate investors in a company very closely, which is 20.35% institutions for Globalstar Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at GSAT for having 73.92 million shares of worth $82.79 million. And as of 2024-06-30, it was holding 0.2615 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 53.07 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.1878 of outstanding shares, having a total worth of $59.44 million.

On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 1.59 shares of worth $31.1 million or 1.25% of the total outstanding shares. The later fund manager was in possession of 1.29 shares on Dec 31, 2024 , making its stake of worth around $25.21 million in the company or a holder of 1.02% of company’s stock.