ORBCOMM Inc. is a provider of machine-to-machine (M2M) solutions, including network connectivity, devices and Web reporting applications. The Company's M2M products and services are designed to track, monitor and manage security for a range of assets, such as trailers, trucks, rail cars, intermodal containers, generators, fluid tanks, marine vessels, diesel or electric powered generators (gensets), oil and gas wells, pipeline monitoring equipment, irrigation control systems, and utility meters, in the transportation and distribution, heavy equipment, oil and gas, maritime and government industries. It provides Automatic Identification System (AIS) data services to assist in vessel navigation and to improve maritime safety to government and commercial customers across the world. The Company provides its services using various network platforms, including its own constellation of approximately 40 low-Earth orbit (LEO) satellites and its accompanying ground infrastructure.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Diversified Communication Services
- Sub-Industry: Alternative Carriers
- Exchange: NASDAQ
- Symbol: ORBC
- CUSIP: 68555P10
- Previous Close: $8.12
- 50 Day Moving Average: $8.19
- 200 Day Moving Average: $9.00
- 52-Week Range: $71,016,000.00 - $7.15
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -116.00
- P/E Growth: -1.24
- Market Cap: $576.65M
- Outstanding Shares: 71,016,000
- Beta: 0.92
- Net Margins: -10.86%
- Return on Equity: -2.86%
- Return on Assets: -1.61%
Companies Related to ORBCOMM:
- Debt-to-Equity Ratio: 0.53%
- Current Ratio: 1.81%
- Quick Ratio: 1.33%
What is ORBCOMM's stock symbol?
ORBCOMM trades on the NASDAQ under the ticker symbol "ORBC."
Where is ORBCOMM's stock going? Where will ORBCOMM's stock price be in 2017?
5 equities research analysts have issued 12-month target prices for ORBCOMM's stock. Their forecasts range from $11.00 to $14.00. On average, they anticipate ORBCOMM's stock price to reach $12.63 in the next twelve months.
When will ORBCOMM announce their earnings?
ORBCOMM is scheduled to release their next quarterly earnings announcement on Tuesday, March, 7th 2017.
What are analysts saying about ORBCOMM stock?
Here are some recent quotes from research analysts about ORBCOMM stock:
Canaccord Genuity analysts commented, "We recently hosted a day of investor meetings in New York with CEO Marc Eisenberg, and ORBCOMM remains a top pick in our IoT coverage universe with strong long-term recurring revenue growth potential. While hardware revenue will likely remain lumpy quarter to quarter, we believe the company’s pipeline remains strong and our long-term thesis remains intact. We identify five catalysts positioning ORBCOMM for strong revenue and adjusted EBITDA growth in 2017 and beyond. First, we believe ORBCOMM should ramp its solutions based on a strong customer pipeline including 4 larger opportunities that should more than replace the larger Hub Group and Wal-Mart hardware deals that ramped in 2015/2016. Second, we believe the new OG2 satellite network should drive higher network services revenue as ORBCOMM drives both new customers and renewals from existing customers. Third, we believe the growing R&D team creating new hardware and end-to-end solutions should drive new growth opportunities. Fourth, we believe AIS sales should steadily improve and drive strong incremental EBITDA growth. Finally, we believe ORBCOMM’s partnerships with CIMC (China International Marine Company) and Carrier, the leading refrigerated trucking OEM, should result in strong long-term growth opportunities as these leading OEMs enable ORBCOMM to reach a broader customer base with their end- to-end solutions." (12/2/2016)
According to Zacks Investment Research, "ORBCOMM INC., is a leading global satellite data communications company, focused on Machine-to-Machine communications. Its customers include General Electric, Caterpillar Inc., Volvo Group and Komatsu Ltd. among other industry leaders. By means of a global network of twenty nine low-earth orbit satellites and accompanying ground infrastructure, ORBCOMM's low-cost and reliable two-way data communications products and services track, monitor and control mobile and fixed assets in four core markets: commercial transportation; heavy equipment; industrial fixed assets; and marine/homeland security. The company's products are installed on trucks, containers, marine vessels, locomotives, backhoes, pipelines, oil wells, utility meters, storage tanks and other assets. ORBCOMM is headquartered in Fort Lee, New Jersey and has a Network Control Center in Dulles, Virginia. " (10/6/2016)
Who owns ORBCOMM stock?
ORBCOMM's stock is owned by many different of retail and institutional investors. Top institutional investors include Franklin Resources Inc. (7.29%), Dimensional Fund Advisors LP (6.01%), Loomis Sayles & Co. L P (2.99%), William Blair Investment Management LLC (1.70%), State Street Corp (1.59%) and Raging Capital Management LLC (1.56%). Company insiders that own ORBCOMM stock include Constantine Milcos, Jerome B Eisenberg, John J Stolte Jr, Marc Eisenberg, Robert G Costantini and Timothy Kelleher.
Who sold ORBCOMM stock? Who is selling ORBCOMM stock?
ORBCOMM's stock was sold by a variety of institutional investors in the last quarter, including Raging Capital Management LLC, Renaissance Technologies LLC, Dimensional Fund Advisors LP, Loomis Sayles & Co. L P, RK Capital Management LLC, William Blair Investment Management LLC, Friedberg Investment Management and Raymond James Financial Services Advisors Inc.. Company insiders that have sold ORBCOMM stock in the last year include Constantine Milcos and Jerome B Eisenberg.
Who bought ORBCOMM stock? Who is buying ORBCOMM stock?
ORBCOMM's stock was bought by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Royce & Associates LP, Cortina Asset Management LLC, State Street Corp, Boothbay Fund Management LLC, Lebenthal Asset Management LLC, Guggenheim Capital LLC and Pinnacle Associates Ltd..
How do I buy ORBCOMM stock?
Shares of ORBCOMM can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of ORBCOMM stock cost?
One share of ORBCOMM stock can currently be purchased for approximately $8.12.