With 0.63 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.62 million shares. The 52-week range on GSAT shows that it touched its highest point at $41.10 and its lowest point at $15.00 during that stretch. It currently has a 1-year price target of $52.50. Beta for the stock currently stands at 0.86.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GSAT was up-trending over the past week, with a rise of 11.77%, but this was up by 15.12% over a month. Three-month performance dropped to -1.04% while six-month performance fell -33.85%. The stock gained 34.13% in the past year, while it has lost -29.37% so far this year. A look at the trailing 12-month EPS for GSAT yields -0.62 with Next year EPS estimates of -0.01. For the next quarter, that number is -0.05. This implies an EPS growth rate of 59.32% for this year and 95.83% for next year.
Float and Shares Shorts:
At present, 126.58 million GSAT shares are outstanding with a float of 49.79 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GSAT since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.01222013 being high and -$0.01255387 being low. For GSAT, this leads to a yearly average estimate of -$0.012387.
