NASDAQ:ORBC - ORBCOMM Stock Price, News, & Analysis

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$7.52 +0.21 (+2.87 %)
(As of 04/23/2019 04:00 PM ET)
Previous Close$7.31
Today's Range$7.27 - $7.61
52-Week Range$6.19 - $11.25
Volume1.52 million shs
Average Volume598,422 shs
Market Capitalization$597.22 million
P/E RatioN/A
Dividend YieldN/A
Beta0.98
ORBCOMM Inc. provides Internet of Things solutions in the United States, South America, Japan, Europe, and internationally. The company offers network connectivity, devices, device management, and Web reporting applications that are designed to track, monitor, control, and enhance security for various assets, such as trailers, trucks, rail cars, sea containers, power generators, fluid tanks, marine vessels, diesel or electric powered generators, oil and gas wells, pipeline monitoring equipment, irrigation control systems, and utility meters in transportation and supply chain, heavy equipment, fixed asset monitoring, and maritime industries, as well as for governments. It also provides satellite automatic identification service data services for vessel navigation and to enhance maritime safety for government and commercial customers; and vehicle fleet management, as well as in-cab and fleet vehicle solutions using various network platforms, including its own constellation of low-Earth orbit satellites and accompanying ground infrastructure, as well as terrestrial-based cellular communication services through reseller agreements with various cellular wireless providers. In addition, the company offers customer solutions utilizing additional satellite network service options through service agreements with third party mobile satellite providers; and resells service using the two-way Inmarsat satellite network to provide higher bandwidth. It markets and sells its products and services directly to original equipment manufacturers, government customers, and end-users, as well as indirectly through market channel partners and affiliates. The company has a strategic alliance with Inmarsat plc. ORBCOMM Inc. was founded in 2001 and is headquartered in Rochelle Park, New Jersey.

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Industry, Sector and Symbol

Industry Communication services, not elsewhere classified
Sub-IndustryAlternative Carriers
SectorComputer and Technology
Current SymbolNASDAQ:ORBC
CUSIP68555P10
Phone703-433-6300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$276.14 million
Cash Flow$0.3226 per share
Book Value$3.26 per share

Profitability

Net Income$-26,240,000.00

Miscellaneous

Employees785
Market Cap$597.22 million
Next Earnings Date5/1/2019 (Confirmed)
OptionableOptionable

ORBCOMM (NASDAQ:ORBC) Frequently Asked Questions

What is ORBCOMM's stock symbol?

ORBCOMM trades on the NASDAQ under the ticker symbol "ORBC."

How were ORBCOMM's earnings last quarter?

ORBCOMM Inc (NASDAQ:ORBC) announced its earnings results on Wednesday, February, 27th. The technology company reported ($0.07) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.02) by $0.05. The technology company had revenue of $66.30 million for the quarter, compared to analysts' expectations of $76.07 million. ORBCOMM had a negative net margin of 9.51% and a negative return on equity of 10.08%. The firm's quarterly revenue was down 12.7% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.10) EPS. View ORBCOMM's Earnings History.

When is ORBCOMM's next earnings date?

ORBCOMM is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for ORBCOMM.

How can I listen to ORBCOMM's earnings call?

ORBCOMM will be holding an earnings conference call on Wednesday, May 1st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8772702148.

What price target have analysts set for ORBC?

5 brokers have issued 1 year price targets for ORBCOMM's stock. Their forecasts range from $8.50 to $10.00. On average, they expect ORBCOMM's stock price to reach $9.25 in the next twelve months. This suggests a possible upside of 23.0% from the stock's current price. View Analyst Price Targets for ORBCOMM.

What is the consensus analysts' recommendation for ORBCOMM?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ORBCOMM in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ORBCOMM.

Has ORBCOMM been receiving favorable news coverage?

Headlines about ORBC stock have been trending positive on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ORBCOMM earned a daily sentiment score of 2.7 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term.

Who are some of ORBCOMM's key competitors?

What other stocks do shareholders of ORBCOMM own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ORBCOMM investors own include Energous (WATT), Northrop Grumman (NOC), Universal Health Services (UHS), Cypress Semiconductor (CY), Enerplus (ERF), Raytheon (RTN), ConocoPhillips (COP), Sanchez Energy (SN), Fate Therapeutics (FATE) and Gulfport Energy (GPOR).

Who are ORBCOMM's key executives?

ORBCOMM's management team includes the folowing people:
  • Mr. Marc J. Eisenberg, CEO, Pres & Director (Age 53)
  • Mr. John J. Stolte Jr., Exec. VP of Technology & Operations (Age 59)
  • Mr. Christian G. Le Brun, Exec. VP, Gen. Counsel & Sec. (Age 51)
  • Mr. Craig E. Malone, Exec. VP of Product Devel. (Age 56)
  • Mr. Constantine Milcos, Sr. VP. Chief Accounting Officer & Interim CFO (Age 54)

Who are ORBCOMM's major shareholders?

ORBCOMM's stock is owned by many different of institutional and retail investors. Top institutional investors include Ingalls & Snyder LLC (0.96%) and Douglas Lane & Associates LLC (0.09%). Company insiders that own ORBCOMM stock include Brun Christian Le, Constantine Milcos, Craig Malone, Jerome B Eisenberg, John J Stolte Jr, John J Stolte, Jr, Marc Eisenberg, Michael W Ford and Robert G Costantini. View Institutional Ownership Trends for ORBCOMM.

Which major investors are selling ORBCOMM stock?

ORBC stock was sold by a variety of institutional investors in the last quarter, including Ingalls & Snyder LLC and Douglas Lane & Associates LLC. Company insiders that have sold ORBCOMM company stock in the last year include Brun Christian Le, Constantine Milcos, Jerome B Eisenberg, John J Stolte Jr, Marc Eisenberg and Michael W Ford. View Insider Buying and Selling for ORBCOMM.

How do I buy shares of ORBCOMM?

Shares of ORBC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is ORBCOMM's stock price today?

One share of ORBC stock can currently be purchased for approximately $7.52.

How big of a company is ORBCOMM?

ORBCOMM has a market capitalization of $597.22 million and generates $276.14 million in revenue each year. The technology company earns $-26,240,000.00 in net income (profit) each year or ($0.33) on an earnings per share basis. ORBCOMM employs 785 workers across the globe.

What is ORBCOMM's official website?

The official website for ORBCOMM is http://www.orbcomm.com.

How can I contact ORBCOMM?

ORBCOMM's mailing address is 395 W PASSAIC STREET, ROCHELLE PARK NJ, 07662. The technology company can be reached via phone at 703-433-6300 or via email at [email protected]


MarketBeat Community Rating for ORBCOMM (NASDAQ ORBC)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  287 (Vote Outperform)
Underperform Votes:  215 (Vote Underperform)
Total Votes:  502
MarketBeat's community ratings are surveys of what our community members think about ORBCOMM and other stocks. Vote "Outperform" if you believe ORBC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ORBC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/23/2019 by MarketBeat.com Staff

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