KORE Group (NYSE:KORE) and Globalstar (NYSE:GSAT) Critical Survey

KORE Group (NYSE:KOREGet Free Report) and Globalstar (NYSE:GSATGet Free Report) are both computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their institutional ownership, risk, dividends, profitability, analyst recommendations, earnings and valuation.

Analyst Ratings

This is a summary of recent ratings for KORE Group and Globalstar, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
KORE Group 0 2 3 0 2.60
Globalstar 0 0 0 0 N/A

KORE Group currently has a consensus price target of $2.94, indicating a potential upside of 339.13%. Given KORE Group’s higher possible upside, research analysts plainly believe KORE Group is more favorable than Globalstar.

Earnings & Valuation

This table compares KORE Group and Globalstar’s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
KORE Group $276.61 million 0.20 -$167.04 million ($1.88) -0.36
Globalstar $223.81 million 9.59 -$24.72 million ($0.02) -56.50

Globalstar has lower revenue, but higher earnings than KORE Group. Globalstar is trading at a lower price-to-earnings ratio than KORE Group, indicating that it is currently the more affordable of the two stocks.

Volatility & Risk

KORE Group has a beta of 2.59, suggesting that its stock price is 159% more volatile than the S&P 500. Comparatively, Globalstar has a beta of 0.82, suggesting that its stock price is 18% less volatile than the S&P 500.

Institutional & Insider Ownership

57.5% of KORE Group shares are owned by institutional investors. Comparatively, 18.9% of Globalstar shares are owned by institutional investors. 30.6% of KORE Group shares are owned by insiders. Comparatively, 61.0% of Globalstar shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Profitability

This table compares KORE Group and Globalstar’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
KORE Group -57.97% -123.65% -14.99%
Globalstar -19.14% -11.66% -4.73%

Summary

Globalstar beats KORE Group on 7 of the 13 factors compared between the two stocks.

About KORE Group

(Get Free Report)

KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity and location-based services, device solutions, and managed and professional services that are used in the development and support of IoT technology for the business market. The company's products include IoT connectivity-as-a-service; connectivity enablement-as-a-service; device management services; and security location based services. It serves customers in healthcare, fleet and vehicle management, asset management, communication services, and industrial/manufacturing sectors. KORE Group Holdings, Inc. was founded in 2002 and is headquartered in Atlanta, Georgia.

About Globalstar

(Get Free Report)

Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications. It also provides one-way or two-way communications and data transmissions using mobile devices, including the SPOT family of products, such as SPOT X, SPOT Gen4, and SPOT Trace that transmit messages and the location of the device; commercial Internet of Things transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets; small satellite transmitter modules comprising the STX-3, ST-150 and ST100, and chips that enable an integrator's products to access its network; engineering and other communication services using MSS and terrestrial spectrum licenses; undertakes installation of gateways and antennas; and hardware and software products design and development services. The company distributes its products through retailers and sales force, as well as www.findmespot.com e-commerce website. Globalstar, Inc. serves recreation and personal, government, public safety and disaster relief, oil and gas, animal tracking, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, leisure, emergency services, agriculture, and forestry markets. The company was founded in 1993 and is headquartered in Covington, Louisiana.

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