ORBCOMM Inc. provides Internet of Things solutions in the United States, South America, Japan, Europe, and internationally. The company offers solutions, including network connectivity, devices, device management, and Web reporting applications that are designed to track, monitor, control, and enhance security for various assets, including 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 industries for transportation and supply chain, heavy equipment, fixed asset monitoring, maritime, and government. 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, such as 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. Further, it resells service using the two-way Inmarsat satellite network to provide higher bandwidth. The company 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. It has a strategic alliance with Inmarsat plc. The company was founded in 2001 and is headquartered in Rochelle Park, New Jersey.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Communication services, not elsewhere classified
Sub-IndustryAlternative Carriers
SectorComputer and Technology
Current SymbolNASDAQ:ORBC
Previous Symbol
CUSIP68555P10
Phone703-433-6300
Debt
Debt-to-Equity Ratio0.95
Current Ratio2.80
Quick Ratio2.16
Price-To-Earnings
Trailing P/E Ratio-10.77
Forward P/E Ratio-32.29
P/E GrowthN/A
Sales & Book Value
Annual Sales$254.22 million
Price / Sales2.81
Cash FlowN/A
Price / Cash FlowN/A
Book Value$3.31 per share
Price / Book2.73
Profitability
EPS (Most Recent Fiscal Year)($0.84)
Net Income$-61,280,000.00
Net Margins-9.84%
Return on Equity-10.94%
Return on Assets-4.63%
Miscellaneous
Employees758
Outstanding Shares78,890,000
Market Cap$716.28 million
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) posted its quarterly earnings data on Tuesday, October, 30th. The technology company reported ($0.04) earnings per share for the quarter, beating analysts' consensus estimates of ($0.05) by $0.01. The technology company earned $71.04 million during the quarter, compared to analyst estimates of $75.37 million. ORBCOMM had a negative net margin of 9.84% and a negative return on equity of 10.94%. The company's revenue was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.10) earnings per share. View ORBCOMM's Earnings History.
When is ORBCOMM's next earnings date?
What price target have analysts set for ORBC?
4 brokers have issued 12-month price targets for ORBCOMM's shares. Their forecasts range from $14.00 to $15.00. On average, they anticipate ORBCOMM's stock price to reach $14.6667 in the next twelve months. This suggests a possible upside of 62.1% from the stock's current price. View Analyst Price Targets for ORBCOMM.
What is the consensus analysts' recommendation for ORBCOMM?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ORBCOMM in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ORBCOMM.
Has ORBCOMM been receiving favorable news coverage?
News headlines about ORBC stock have trended extremely positive this week, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ORBCOMM earned a news sentiment score of 5.0 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.
Are investors shorting ORBCOMM?
ORBCOMM saw a decrease in short interest during the month of November. As of November 15th, there was short interest totalling 4,483,388 shares, a decrease of 29.7% from the October 31st total of 6,378,720 shares. Based on an average trading volume of 752,296 shares, the days-to-cover ratio is currently 6.0 days. Currently, 6.0% of the company's stock are short sold. View ORBCOMM's Current Options Chain.
Who are some of ORBCOMM's key competitors?
Some companies that are related to ORBCOMM include INMARSAT PLC/ADR (IMASY), Magyar Telekom Tavkozlesi Nyrt (MYTAY), Boingo Wireless (WIFI), Calix (CALX), Gogo (GOGO), RigNet (RNET), Global Eagle Entertainment (ENT), B Communications (BCOM), Remark (MARK), Lithium Co.. (LTUM), Dropcar (DCAR), Plaintree Systems (PTEEF), Directview (DIRV), China Teletech (CNCT) and Towerstream (TWER).
Who are ORBCOMM's key executives?
ORBCOMM's management team includes the folowing people:
- Mr. Marc J. Eisenberg, CEO, Pres & Director (Age 52)
- Mr. John J. Stolte Jr., Exec. VP of Technology & Operations (Age 58)
- Mr. Christian G. Le Brun, Exec. VP, Gen. Counsel & Sec. (Age 50)
- Mr. Craig E. Malone, Exec. VP of Product Devel. (Age 55)
- Mr. Constantine Milcos, Sr. VP. Chief Accounting Officer & Interim CFO (Age 53)
Who are ORBCOMM's major shareholders?
ORBCOMM's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.46%), Vanguard Group Inc. (5.57%), Dimensional Fund Advisors LP (4.53%), Rockefeller Capital Management L.P. (2.13%), Clearbridge Investments LLC (2.02%) and Granite Investment Partners LLC (1.86%). 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 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 Allianz Asset Management GmbH, Vanguard Group Inc., Renaissance Technologies LLC, Citadel Advisors LLC, HPM Partners LLC, Thrivent Financial for Lutherans, Skylands Capital LLC and Dimensional Fund Advisors LP. Company insiders that have sold ORBCOMM company stock in the last year include Constantine Milcos, Craig Malone, Jerome B Eisenberg, John J Stolte Jr, Marc Eisenberg and Robert G Costantini. View Insider Buying and Selling for ORBCOMM.
Which major investors are buying ORBCOMM stock?
ORBC stock was acquired by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, Ingalls & Snyder LLC, Rockefeller Capital Management L.P., AXA, FMR LLC, BlackRock Inc., William Blair Investment Management LLC and Cadence Capital Management LLC. 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 $9.05.
How big of a company is ORBCOMM?
ORBCOMM has a market capitalization of $716.28 million and generates $254.22 million in revenue each year. The technology company earns $-61,280,000.00 in net income (profit) each year or ($0.84) on an earnings per share basis. ORBCOMM employs 758 workers across the globe.
What is ORBCOMM's official website?
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)
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.
