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

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$6.79 +0.05 (+0.74 %)
(As of 03/18/2019 10:19 AM ET)
Previous Close$6.74
Today's Range$6.76 - $6.81
52-Week Range$6.70 - $11.25
Volume3,160 shs
Average Volume555,908 shs
Market Capitalization$539.08 million
P/E Ratio-20.64
Dividend YieldN/A
Beta0.99
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 N/A
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$0.3067 per share
Book Value$3.26 per share

Profitability

Net Income$-26,260,000.00

Miscellaneous

Employees785
Market Cap$539.08 million
Next Earnings Date5/2/2019 (Estimated)
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 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 ($0.03) by $0.04. The technology company earned $66.30 million during the quarter, compared to the consensus estimate of $76.07 million. ORBCOMM had a negative return on equity of 10.08% and a negative net margin of 9.51%. The business's revenue was down 12.7% compared to the same quarter last year. During the same quarter in the previous year, the company 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 Thursday, May 2nd 2019. View Earnings Estimates for ORBCOMM.

What price target have analysts set for ORBC?

5 brokerages have issued 1 year target prices for ORBCOMM's stock. Their forecasts range from $8.50 to $10.00. On average, they anticipate ORBCOMM's share price to reach $9.25 in the next year. This suggests a possible upside of 36.2% 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?

News stories about ORBC stock have been trending somewhat positive recently, InfoTrie reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. ORBCOMM earned a coverage optimism score of 1.1 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.

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), Cypress Semiconductor (CY), Fate Therapeutics (FATE), Sanchez Energy (SN), CNX Resources (CNX), Northrop Grumman (NOC), Freeport-McMoRan (FCX), Kinder Morgan (KMI), Caterpillar (CAT) and ANNALY CAP MGMT/SH (NLY).

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 a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.54%), Dimensional Fund Advisors LP (4.62%), Dimensional Fund Advisors LP (4.62%), Granite Investment Partners LLC (1.66%), Northern Trust Corp (1.39%) and FMR LLC (1.33%). 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 institutional investors are selling ORBCOMM stock?

ORBC stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Bank of New York Mellon Corp, New York State Common Retirement Fund, Ingalls & Snyder LLC, Granite Investment Partners LLC, Two Sigma Investments LP, Raymond James & Associates and Brasada Capital Management LP. 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.

Which institutional investors are buying ORBCOMM stock?

ORBC stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Bank of Montreal Can, Douglas Lane & Associates LLC, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Geode Capital Management LLC, Geode Capital Management LLC and BlackRock Inc.. 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 $6.79.

How big of a company is ORBCOMM?

ORBCOMM has a market capitalization of $539.08 million and generates $276.14 million in revenue each year. The technology company earns $-26,260,000.00 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:  285 (Vote Outperform)
Underperform Votes:  211 (Vote Underperform)
Total Votes:  496
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 3/18/2019 by MarketBeat.com Staff

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