Analysts rate Globalstar Inc. (GSAT:NYE) with a Buy rating and a $4 target

STA Research
by: STA Research
Globalstar Inc

Based on the Globalstar stock forecast from 2 analysts, the average analyst target price for Globalstar stock is $4.12 over the next 12 months. Globalstar Inc’s average analyst rating is Buy. Stock Target Advisor’s own stock analysis of GSAT stock forecast is Slightly Bearish, which is based on 4 positive signals and 7 negative signals. At the last closing, Globalstar stock price was USD 1.85Globalstar stock price has changed by -0.21% over the past week, +0.19% over the past month and -0.54% over the last year.

Globalstar’s stock forecast from 6 Crowd analysts, has the average analyst target price for Globalstar stock at $3.73 over the next 12 months. Globalstar Inc’s average Crowd rating is a Strong Buy.

STA Research just assigned Globalstar with a Speculative Buy rating and a 12 month price target of $5 per share.

 

About Globalstar Inc. (GSAT:NYE):

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. 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. The company distributes its products directly, as well as through independent agents, dealers and resellers, retailers, IGOs, and sales force and e-commerce Website. As of December 31, 2020, it had approximately 745,000 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. The company was founded in 1993 and is headquartered in Covington, Louisiana.

 

Most Recent Analyst Ratings for GSAT’s stock:

 

 

What we like:

Superior risk adjusted returns:

Globalstar stock has performed well, on a risk adjusted basis, compared to its sector peers (for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow:

GSAT stock forecast shows that the company had positive total cash flow in the most recent four quarters.

Positive free cash flow:

GSAT stock forecast shows that the company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth:

GSAT stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

 

What we don’t like:

Low market capitalization:

Globalstar stock is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

High volatility:

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to earnings:

GSAT stock price is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value:

Globalstar stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis:

GSAT stock price is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis:

GSAT stock price is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth:

Globalstar stock has shown below median earnings growth in the previous 5 years compared to its sector

 

 

Disclaimer

Stock Target Advisor is not a broker/dealer, investment advisor, or platform for making stock buying or selling decisions. Our goal is to democratize and simplify financial information through automated analysis, aggregation of stock information, and education to help investors with their research. No content on our site, blogs or newsletters constitutes – or should be understood as constituting – a recommendation to enter into any securities transactions or to engage in any of the investment strategies presented in our site content. We also cannot guarantee the accuracy of any information presented on our site and in our analysis.

Leave a Reply

Your email address will not be published.