Institutional and Insider Ownership
18.9% of Globalstar shares are held by institutional investors. Comparatively, 44.0% of shares of all “Communication services, not elsewhere classified” companies are held by institutional investors. 61.0% of Globalstar shares are held by insiders. Comparatively, 28.9% of shares of all “Communication services, not elsewhere classified” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Earnings and Valuation
This table compares Globalstar and its competitors revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Globalstar | $241.58 million | -$24.72 million | -65.67 |
Globalstar Competitors | $2.50 billion | -$215.51 million | -11.55 |
Globalstar’s competitors have higher revenue, but lower earnings than Globalstar. Globalstar is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Volatility & Risk
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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