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.
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Industry, Sector and Symbol
Industry Communication services, not elsewhere classified
Sub-IndustryAlternative Carriers
SectorComputer and Technology
Phone703-433-6300
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$276.14 million
Profitability
Miscellaneous
Employees785
Next Earnings Date2/26/2020 (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) released its earnings results on Wednesday, October, 30th. The technology company reported ($0.05) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.05). The technology company had revenue of $69.19 million for the quarter, compared to analyst estimates of $71.43 million. ORBCOMM had a negative return on equity of 8.61% and a negative net margin of 8.03%. ORBCOMM's revenue was down 2.6% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.04) earnings per share. View ORBCOMM's Earnings History.
When is ORBCOMM's next earnings date?
What guidance has ORBCOMM issued on next quarter's earnings?
ORBCOMM issued an update on 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?
4 Wall Street analysts have issued twelve-month target prices for ORBCOMM's shares. Their forecasts range from $7.50 to $10.00. On average, they anticipate ORBCOMM's stock price to reach $8.75 in the next twelve months. This suggests a possible upside of 165.2% 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 1 hold rating 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 trended extremely negative recently, InfoTrie reports. The research firm identifies positive and negative press coverage by reviewing 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 nearest to five being the most favorable. ORBCOMM earned a media sentiment score of -5.0 on InfoTrie's scale. They also assigned media headlines 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 company's share price in the next several days. View News Stories for ORBCOMM.
Are investors shorting ORBCOMM?
ORBCOMM saw a decrease in short interest in February. As of February 14th, there was short interest totalling 2,620,000 shares, a decrease of 14.4% from the January 30th total of 3,060,000 shares. Based on an average daily volume of 605,700 shares, the days-to-cover ratio is currently 4.3 days. Currently, 3.6% of the company's shares are sold short. View ORBCOMM's Current Options Chain.
Who are some of ORBCOMM's key competitors?
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 a number of of retail and institutional investors. Top institutional shareholders include Rockefeller Capital Management L.P. (3.57%), Ariel Investments LLC (3.34%), Goldman Sachs Group Inc. (3.24%), William Blair Investment Management LLC (3.01%), State Street Corp (2.21%) and Geode Capital Management LLC (1.33%). Company insiders that own ORBCOMM stock include Adage Capital Partners Gp, LL, Brun Christian Le, Constantine Milcos, 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 Royce & Associates LP, Ingalls & Snyder LLC, New York State Common Retirement Fund, Bank of New York Mellon Corp, Bank of America Corp DE, Barclays PLC, Raymond James Financial Services Advisors Inc. and Citigroup Inc.. 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 Jacobs Levy Equity Management Inc., Marshall Wace LLP, Ariel Investments LLC, William Blair Investment Management LLC, Goldman Sachs Group Inc., Renaissance Technologies LLC, Russell Investments Group Ltd. and Credit Suisse AG. 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 $3.30.
How big of a company is ORBCOMM?
ORBCOMM has a market capitalization of $258.34 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?
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.
