Globalstar, Inc. provides mobile voice and data communications services through satellite worldwide. The company was founded in 2003 and is based in Covington, Louisiana.
GSAT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Globalstar Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Globalstar Inc ranked in the 82th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 475.83%. In terms of the factors that were most noteworthy in this DCF analysis for GSAT, they are:
The company's debt burden, as measured by earnings divided by interest payments, is -1.11; that's higher than only 4.1% of US stocks in the Communication Services sector that have positive free cash flow.
Globalstar Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Communication Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as GSAT, try SIFY, ALSK, RBBN, HCHC, and TEF.
Globalstar (GSAT) falls 11% in premarket trading after Morgan Stanley cut to underweight from equal weight, saying that the bull case is "largely priced in" with the shares up 260% YTD. Price target is 55c.While a monetization event in the 50-60c/MHz-Pop range is possible, Globalstar has "struggled'' to monetize the assets and...
Globalstar, Inc's (NYSE: GSAT) stock has rallied in the recent weeks, rising 266% year-to-date and 297% over the past three months, and valuation looks full, according to Morgan Stanley.The Globalstar Analyst: Simon Flannery downgraded Globalstar from Equal-weight to Underweight with an unchanged 55-cent price target. The Globalstar Thesis: While the bull case seems to be priced into the company's shares, there is uncertainty around "a spectrum monetization event," Flannery said in the Friday downgrade note.Globalstar's stock has rallied due to several positive developments, including the broader small cap rally, "increased investor interest across the Space ecosystem," deals inked with Nokia, Port of Seattle and Ceres Tag, as well as an increase in C-Band spectrum auction spending, "hi...
Shares of Globalstar (NYSEMKT: GSAT) fell on Friday, following bearish analyst remarks. As of 11:20 a.m. EST, the satellite communication specialist's stock price was down 15%. Morgan Stanley analyst Simon Flannery cut his rating on Globalstar's stock from equal weight to underweight and placed a $0.55 price forecast on its shares.
Globalstar (GSAT) came across a screen we ran where we were looking for low dollar cost stocks which had excellent volume. As we can see from the chart below, Globalstar rallied hard on news this month. GSAT (being a low-priced stock) definitely has potential for the particular strategy we have...
Individual Trader on Seeking Alpha | January 20, 2021
SPOT LLC, a wholly-owned subsidiary of Globalstar, Inc. (NYSE American: GSAT) and leader in satellite messaging and emergency notification technologies, today announced its partnership with monthly subscription box service, Battlbox. As part of the partnership, Battlbox Pro Box subscribers will receive a SPOT Gen4, the next generation of the SPOT Satellite GPS Messenger™, with up to 6 months of service.