Institutional and Insider Ownership
18.9% of Globalstar shares are owned by institutional investors. Comparatively, 44.0% of shares of all “Communication services, not elsewhere classified” companies are owned by institutional investors. 61.0% of Globalstar shares are owned by company insiders. Comparatively, 28.9% of shares of all “Communication services, not elsewhere classified” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Risk and Volatility
Globalstar has a beta of 1.1, indicating that its share price is 10% more volatile than the S&P 500. Comparatively, Globalstar’s competitors have a beta of 1.58, indicating that their average share price is 58% more volatile than the S&P 500.
Earnings & Valuation
This table compares Globalstar and its competitors top-line revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Globalstar | $223.81 million | -$24.72 million | -65.00 |
Globalstar Competitors | $2.54 billion | -$215.51 million | -11.81 |
Profitability
This table compares Globalstar and its competitors’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Globalstar | -14.91% | -9.40% | -3.91% |
Globalstar Competitors | -464.18% | -25.98% | -2.26% |
Summary
Globalstar competitors beat Globalstar on 5 of the 9 factors compared.
About Globalstar
GLOBALSTAR INC offers satellite voice and data services to commercial and recreational users in more than 120 countries around the world. Globalstar’s products include mobile and fixed satellite telephones, simplex and duplex satellite data modems and flexible service packages. Many land based and maritime industries benefit from Globalstar with increased productivity from remote areas beyond cellular and landline service. Global customer segments include: oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity as well as individual recreational users. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring and SCADA applications.
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