Globalstar Inc (GSAT) Stock Up 2.74%: Latest Performance Analysis

A share price of Globalstar Inc [GSAT] is currently trading at $36.06, up 2.74%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GSAT shares have gain 15.69% over the last week, with a monthly amount glided 40.26%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Globalstar Inc [NASDAQ: GSAT] stock has seen the most recent analyst activity on August 04, 2023, when Imperial Capital initiated its Outperform rating and assigned the stock a price target of $7.79. Previously, Morgan Stanley upgraded its rating to Equal-Weight on May 03, 2023, and dropped its price target to $0.97. On October 31, 2022, Craig Hallum initiated with a Buy rating and assigned a price target of $5 on the stock. B. Riley Securities started tracking the stock assigning a Buy rating and suggested a price target of $3.25 on June 21, 2021. Morgan Stanley downgraded its rating to a Underweight. Chardan Capital Markets downgraded its rating to Neutral for this stock on August 09, 2018. In a note dated February 24, 2017, Chardan Capital Markets upgraded a Buy rating on this stock but restated the target price of $2.50.

Globalstar Inc experienced fluctuations in its stock price throughout the past year between $15.00 and $41.10. Currently, Wall Street analysts expect the stock to reach $45 within the next 12 months. Globalstar Inc [NASDAQ: GSAT] shares were valued at $36.06 at the most recent close of the market. An investor can expect a potential return of 24.79% based on the average GSAT price forecast.

Analyzing the GSAT fundamentals

Trailing Twelve Months sales for Globalstar Inc [NASDAQ:GSAT] were 260.66M which represents 11.20% growth. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.13%, and Net Profit Margin reading is -0.15%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.11 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.5.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 34.83 points at the first support level, and at 33.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.86, and for the 2nd resistance point, it is at 37.66.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Globalstar Inc [NASDAQ:GSAT] is 2.81. In addition, the Quick Ratio stands at 2.72 and the Cash Ratio stands at 2.38. Considering the valuation of this stock, the price to sales ratio is 17.52, the price to book ratio is 12.66.

Transactions by insiders

Recent insider trading involved Clary Rebecca, VP & Chief Financial Officer, that happened on Sep 15 ’25 when 5359.0 shares were sold. Officer, Clary Rebecca completed a deal on Sep 15 ’25 to buy 5359.0 shares. Meanwhile, VP, Finance & Operations Taylor Timothy Evan sold 26333.0 shares on Sep 10 ’25.

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