Globalstar (GSAT) and the Critical Contrast of the Competition
Globalstar (NYSE:GSAT – Get Rating) is one of 40 public companies in the “communications services, not elsewhere classified” industry, but how does it compare to its competitors? We will compare Globalstar to related companies based on the strength of its analyst recommendations, valuation, profitability, dividends, institutional ownership, earnings and risk.
Insider and Institutional Ownership
17.8% of Globalstar shares are held by institutional investors. By comparison, 53.2% of the shares of all “Communication Services, Not Elsewhere Classified” companies are held by institutional investors. 62.2% of Globalstar shares are held by insiders of the company. By comparison, 20.6% of the shares of all “Communication Services, Not Elsewhere Classified” companies are held by insiders of the company. Strong institutional ownership indicates that large money managers, endowments, and hedge funds believe a stock is poised for long-term growth.
This is a summary of recent ratings and price targets for Globalstar and its rivals, as reported by MarketBeat.
|Sales Ratings||Hold odds||Buy reviews||Strong buy odds||Rating|
|Globalstar||0||0||0||0||N / A|
As a group, the “Communication Services, Not Elsewhere Classified” companies have an upside potential of 56.18%. Since Globalstar’s rivals have a higher likely upside, analysts clearly believe that Globalstar has less favorable growth aspects than its rivals.
Risk and Volatility
Globalstar has a beta of 0.1, indicating that its stock price is 90% less volatile than the S&P 500. Comparatively, Globalstar’s competitors have a beta of 1.51, indicating that their average stock price is 51% more volatile than the S&P 500.
Valuation and benefits
This table compares the revenue, earnings per share (EPS) and valuation of Globalstar and its rivals.
|Gross revenue||Net revenue||Price/earnings ratio|
|Globalstar||$124.30 million||-$112.63 million||-20.75|
|Globalstar competitors||$3.40 billion||$367.85 million||1.88|
Globalstar’s competitors have higher revenues and profits than Globalstar. Globalstar trades at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
This table compares the net margins, return on equity and return on assets of Globalstar and its competitors.
|Net margins||Return on equity||return on assets|
Globalstar’s rivals beat Globalstar on 7 of the 10 factors compared.
Globalstar Company Profile (Get a rating)
Globalstar, Inc. provides mobile satellite services worldwide. The Company offers two-way duplex voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational use, security, disaster preparedness and response. emergency, and other applications; fixed voice and data communications satellite services and equipment at industrial, commercial and residential sites, as well as on rural villages and ships; and data modem services and equipment. It also provides SPOT retail products, such as SPOT satellite GPS messaging for personal tracking, emergency locating 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 for tracking freight containers and railcars, as well as monitoring utility meters and oil and gas assets. Additionally, it wholesales minutes to Independent Gateway Operators (IGOs); and provides engineering services, such as hardware and software designs to develop specific applications; and the installation of footbridges and antennas. The Company distributes its products directly, as well as through independent agents, dealers and resellers, retailers, IGO, sales force and e-commerce website. As of December 31, 2020, it had approximately 745,000 subscribers. The company primarily serves the leisure and consumer, government, public safety and disaster relief, oil and gas, shipping and fishing, construction, utility and transportation, as well as natural resources, mining and forestry. Globalstar, Inc. has entered into a strategic alliance with XCOM Labs to jointly market XCOM’s capacity multiplier technology with Globalstar’s n53 band for 5G deployments in the United States and other countries where Globalstar has terrestrial rights. The company was founded in 1993 and is headquartered in Covington, Louisiana.
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