Globalstar (GSAT)
Globalstar Beneish M-Score: -2.976
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GSAT Beneish M-Score Rankings
| Overall | 73rd percentile | 990 of 3761 |
| Sector | 80th percentile | 150 of 781 in Technology |
| Industry | 76th percentile | 7 of 30 in Wireless Communications |
GSAT Beneish M-Score Range, Past 5 Years
| Minimum | -3.234 | Dec 2008 |
| Maximum | 2.415 | Jun 2007 |
| Average | -2.234 |
About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
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GSAT News
Globalstar (GSAT) Issues Update on Commercial Arbitration: to Pay €53M in Termination Fees to Thales Alenia Space
May 16, 5:29PM Street Insider
May 16, 5:29PM Street Insider
Globalstar Announces Update Regarding Commercial Arbitration With Thales Alenia Space
May 16, 5:00PM GlobeNewswire
May 16, 5:00PM GlobeNewswire
Listen to $GSAT Q1 2012 earnings call - live at 05:00 PM, ondemand after - http://stks.co/3mGZ
about 19 days ago by earningscast
about 19 days ago by earningscast
Globalstar Announces Results for First Quarter 2012 -- Reports Continued Growth in Adjusted EBITDA
May 10, 4:01PM GlobeNewswire
May 10, 4:01PM GlobeNewswire
Photo Release -- Mother's Nature: Mother's Day Gift for the Outdoor Enthusiast
Apr 02, 7:00AM GlobeNewswire
Apr 02, 7:00AM GlobeNewswire
Listen to $GSAT Q4 2011 earnings call - live at 10:00 AM, ondemand after - http://stks.co/2n38
about 79 days ago by earningscast
about 79 days ago by earningscast
Globalstar: 2012 represents an 'inflection point' for the company's business
Mar 12, 9:11AM theflyonthewall.com
Mar 12, 9:11AM theflyonthewall.com
Globalstar Announces Fourth Quarter and Annual Results for 2011 -- Reports Positive Quarterly Adjusted EBITDA
Mar 12, 9:00AM GlobeNewswire
Mar 12, 9:00AM GlobeNewswire
Globalstar, Inc. Fourth Quarter and Full Year 2011 Earnings Call Release Notice
Mar 08, 9:00PM GlobeNewswire
Mar 08, 9:00PM GlobeNewswire
Globalstar Customers Reaping Benefits of New Second-Generation Satellites
Feb 01, 7:00AM GlobeNewswire
Feb 01, 7:00AM GlobeNewswire
Globalstar (GSAT) Enters Agreement With Shahad Al Sahra to Operate Satellite Gateway in Saudi Arabia
Jan 23, 7:11AM Street Insider
Jan 23, 7:11AM Street Insider
Globalstar Announces Agreement With Shahad Al Sahra to Operate Satellite Gateway in Saudi Arabia
Jan 23, 7:00AM GlobeNewswire
Jan 23, 7:00AM GlobeNewswire
Globalstar Announces Successful Third Launch of Six New Second-Generation Satellites
Dec 28, 3:15PM GlobeNewswire
Dec 28, 3:15PM GlobeNewswire
Photo Release -- Over 1,500 Rescues Initiated With SPOT Satellite Messenger Products
Dec 14, 7:00AM GlobeNewswire
Dec 14, 7:00AM GlobeNewswire
Globalstar, Inc. Announces Accounting Consulting Agreement With John M. Shay
Dec 01, 7:00AM GlobeNewswire
Dec 01, 7:00AM GlobeNewswire
Globalstar Announces December 25th Date for Third Launch of Six New Second-Generation Satellites
Nov 29, 9:30AM GlobeNewswire
Nov 29, 9:30AM GlobeNewswire
Globalstar (GSAT) Enters Agreement w/ Thales Alenia to Develop 2G Satellite Software
Nov 22, 6:54AM Street Insider
Nov 22, 6:54AM Street Insider
Globalstar Signs Agreement With Thales Alenia Space to Return Second-Generation Satellite to Service
Nov 21, 6:00PM GlobeNewswire
Nov 21, 6:00PM GlobeNewswire
Top 10 Reasons SPOT Satellite Messengers Make Great Gifts for the Holidays
Nov 21, 7:00AM GlobeNewswire
Nov 21, 7:00AM GlobeNewswire
$GSAT http://chart.ly/4tctjae nice action all of a sudden.... working on a pivot
about 420 days ago by stt2318
about 420 days ago by stt2318
$GSAT--A nice insider buy just came through, 80,000 shares at $1.42. Stock is trading at $1.37. Outside the bottom bollie. 10% easy imo
about 524 days ago by MicroInsider
about 524 days ago by MicroInsider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| GSAT | 0.391 | -0.01 | -3.43% | 120.61M |
| GS | 97.82 | +1.12 | +1.16% | 47.86B |
| GRZ | 3.40 | +0.11 | +3.34% | 195.89M |
| GRX | 8.14 | +0.04 | +0.49% | |
| GRVY | 1.92 | +0.06 | +3.23% | 51.71M |
| GRT | 9.295 | +0.17 | +1.92% | 1.244B |
| GRRF | 3.11 | +0.00 | +0.00% | 70.69M |
| GMK | 9.13 | +0.33 | +3.75% | 1.240B |
| GMET | 0.30 | +0.00 | +0.77% | 11.91M |
| GME | 19.70 | +0.18 | +0.92% | 2.615B |