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NASDAQ:ORBC - ORBCOMM Stock Price, Forecast & News

$4.10
+0.11 (+2.76 %)
(As of 12/13/2019 08:00 AM ET)
Today's Range
$4.01
Now: $4.10
$4.24
50-Day Range
$3.66
MA: $4.21
$4.76
52-Week Range
$3.58
Now: $4.10
$9.35
Volume525,600 shs
Average Volume638,303 shs
Market Capitalization$320.99 million
P/E RatioN/A
Dividend YieldN/A
Beta1
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. Read More…

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$0.32 per share
Book Value$3.26 per share

Profitability

Net Income$-26,240,000.00

Miscellaneous

Employees785
Market Cap$320.99 million
Next Earnings Date2/26/2020 (Estimated)
OptionableOptionable

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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) released its quarterly earnings results on Wednesday, October, 30th. The technology company reported ($0.05) earnings per share for the quarter, hitting the Zacks' consensus estimate of ($0.05). The technology company earned $69.19 million during the quarter, compared to analysts' expectations of $71.43 million. ORBCOMM had a negative return on equity of 8.61% and a negative net margin of 8.03%. The business's revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.04) earnings per share. View ORBCOMM's Earnings History.

When is ORBCOMM's next earnings date?

ORBCOMM is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for ORBCOMM.

What price target have analysts set for ORBC?

5 equities research analysts have issued 12 month target prices for ORBCOMM's shares. Their forecasts range from $7.50 to $10.00. On average, they expect ORBCOMM's stock price to reach $8.75 in the next twelve months. This suggests a possible upside of 113.4% 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 1 hold rating and 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?

Media stories about ORBC stock have trended somewhat positive on Friday, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ORBCOMM earned a coverage optimism score of 1.7 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for ORBCOMM.

Are investors shorting ORBCOMM?

ORBCOMM saw a drop in short interest during the month of November. As of November 29th, there was short interest totalling 3,840,000 shares, a drop of 17.9% from the November 14th total of 4,680,000 shares. Based on an average trading volume of 768,200 shares, the days-to-cover ratio is currently 5.0 days. Currently, 5.2% of the company's shares are sold short. View ORBCOMM's Current Options Chain.

Who are some of ORBCOMM's key competitors?

Some companies that are related to ORBCOMM include Iridium Communications (IRDM), Cogent Communications (CCOI), Vonage (VG), 8X8 (EGHT) and Towerstream (TWER).

What other stocks do shareholders of ORBCOMM own?

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 shareholders include State Street Corp (2.14%), Millennium Management LLC (1.00%), Cerity Partners LLC (0.58%), Connors Investor Services Inc. (0.56%), Ingalls & Snyder LLC (0.43%) and State of New Jersey Common Pension Fund D (0.36%). Company insiders that own ORBCOMM stock include Adage Capital Partners Gp, LL, Brun Christian Le, Constantine Milcos, Craig Malone, Jerome B Eisenberg, John E Major, 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 Griffin Asset Management Inc., Ingalls & Snyder LLC, Cerity Partners LLC, Douglas Lane & Associates LLC, Metropolitan Life Insurance Co NY and Shufro Rose & Co. LLC. Company insiders that have sold ORBCOMM company stock in the last year include Adage Capital Partners Gp, LL, Brun Christian Le, Constantine Milcos, John J Stolte Jr, Marc Eisenberg and Michael W Ford. View Insider Buying and Selling for ORBCOMM.

Which major investors are buying ORBCOMM stock?

ORBC stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, State of New Jersey Common Pension Fund D, Assenagon Asset Management S.A., Dalton Greiner Hartman Maher & Co., Monarch Partners Asset Management LLC, Penserra Capital Management LLC, SG Americas Securities LLC and State Street Corp. Company insiders that have bought ORBCOMM stock in the last two years include Constantine Milcos, John E Major and Marc Eisenberg. 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, Robinhood, Fidelity and Charles Schwab.

What is ORBCOMM's stock price today?

One share of ORBC stock can currently be purchased for approximately $4.10.

How big of a company is ORBCOMM?

ORBCOMM has a market capitalization of $320.99 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.View Additional Information About ORBCOMM.

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:  2.7 out of 5 (star star)
Outperform Votes:  304 (Vote Outperform)
Underperform Votes:  251 (Vote Underperform)
Total Votes:  555
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 12/13/2019 by MarketBeat.com Staff

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