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NASDAQ:ORBCORBCOMM Stock Price, Forecast & News

$2.10
+0.20 (+10.53 %)
(As of 04/7/2020 07:06 AM ET)
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Today's Range
$1.95
Now: $2.10
$2.29
50-Day Range
$1.28
MA: $2.58
$4.11
52-Week Range
$1.24
Now: $2.10
$8.44
Volume577,437 shs
Average Volume1.16 million shs
Market Capitalization$164.54 million
P/E RatioN/A
Dividend YieldN/A
Beta1.17
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.17 out of 5 stars


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$272.01 million
Cash Flow$0.47 per share
Book Value$3.03 per share

Profitability

Net Income$-18,420,000.00

Miscellaneous

Employees785
Market Cap$164.54 million
Next Earnings Date5/6/2020 (Estimated)
OptionableOptionable

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ORBCOMM (NASDAQ:ORBC) Frequently Asked Questions

How has ORBCOMM's stock been impacted by COVID-19 (Coronavirus)?

ORBCOMM's stock was trading at $2.17 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ORBC shares have decreased by 3.2% and is now trading at $2.10. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of ORBCOMM?

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

When is ORBCOMM's next earnings date?

ORBCOMM is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for ORBCOMM.

How were ORBCOMM's earnings last quarter?

ORBCOMM Inc (NASDAQ:ORBC) released its quarterly earnings data on Wednesday, February, 26th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.02. The technology company earned $69.68 million during the quarter, compared to analyst estimates of $69.87 million. ORBCOMM had a negative return on equity of 7.51% and a negative net margin of 6.78%. View ORBCOMM's earnings history.

What guidance has ORBCOMM issued on next quarter's earnings?

ORBCOMM updated its FY 2020 Pre-Market earnings guidance on Wednesday, February, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $285.614-293.774 million, compared to the consensus revenue estimate of $292.66 million.

What price target have analysts set for ORBC?

2 equities research analysts have issued 12 month price objectives for ORBCOMM's shares. Their forecasts range from $7.50 to $9.00. On average, they anticipate ORBCOMM's share price to reach $8.25 in the next year. This suggests a possible upside of 292.9% from the stock's current price. View analysts' price targets for ORBCOMM.

Has ORBCOMM been receiving favorable news coverage?

News stories about ORBC stock have trended very negative on Tuesday, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ORBCOMM earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutORBCOMM.

Are investors shorting ORBCOMM?

ORBCOMM saw a decline in short interest during the month of March. As of March 13th, there was short interest totaling 2,279,000 shares, a decline of 9.6% from the February 27th total of 2,520,000 shares. Based on an average daily trading volume, of 622,000 shares, the short-interest ratio is presently 3.7 days. Approximately 3.1% of the shares of the company 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 Cogent Communications (CCOI), Iridium Communications (IRDM), Vonage (VG), 8X8 (EGHT) and Towerstream (TWER).

What other stocks do shareholders of ORBCOMM own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ORBCOMM investors own include Raytheon (RTN), Amarin (AMRN), Cypress Semiconductor (CY), Enbridge (ENB), Enerplus (ERF), Northrop Grumman (NOC), AT&T (T), Universal Health Services (UHS), Verizon Communications (VZ) and Kratos Defense & Security Solutions (KTOS).

Who are ORBCOMM's key executives?

ORBCOMM's management team includes the following 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)

What is ORBCOMM's stock symbol?

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

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 $2.10.

How big of a company is ORBCOMM?

ORBCOMM has a market capitalization of $164.54 million and generates $272.01 million in revenue each year. The technology company earns $-18,420,000.00 in net income (profit) each year or ($0.23) 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]

This page was last updated on 4/7/2020 by MarketBeat.com Staff

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