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
SymbolNASDAQ:ORBC
CUSIP68555P10
Phone703-433-6300
Debt
Debt-to-Equity Ratio1.03
Current Ratio2.01
Quick Ratio1.34
Price-To-Earnings
Trailing P/E Ratio-12.05
Forward P/E Ratio-40.48
P/E GrowthN/A
Sales & Book Value
Annual Sales$254.22 million
Price / Sales3.12
Cash FlowN/A
Price / CashN/A
Book Value$3.31 per share
Price / Book3.06
Profitability
EPS (Most Recent Fiscal Year)($0.84)
Net Income$-61,280,000.00
Net Margins-25.17%
Return on Equity-12.88%
Return on Assets-5.46%
Miscellaneous
Employees758
Outstanding Shares78,420,000
Market Cap$793.64
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 Thursday, May, 3rd. The technology company reported ($0.13) EPS for the quarter, missing analysts' consensus estimates of ($0.11) by $0.02. The technology company earned $67.97 million during the quarter, compared to the consensus estimate of $67.60 million. ORBCOMM had a negative return on equity of 12.88% and a negative net margin of 25.17%. The company's revenue for the quarter was up 30.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.05) earnings per share. View ORBCOMM's Earnings History.
When is ORBCOMM's next earnings date?
What price target have analysts set for ORBC?
4 equities research analysts have issued 1-year target prices for ORBCOMM's shares. Their predictions range from $14.00 to $15.00. On average, they expect ORBCOMM's stock price to reach $14.6667 in the next twelve months. This suggests a possible upside of 44.9% from the stock's current price. View Analyst Ratings 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."
Who are some of ORBCOMM's key competitors?
Some companies that are related to ORBCOMM include Intelsat (I), Magyar Telekom Tavkozlesi Nyrt (MYTAY), Boingo Wireless (WIFI), Calix (CALX), Hawaiian Telcom HoldCo (HCOM), Gogo (GOGO), Global Eagle Entertainment (ENT), B Communications (BCOM), RigNet (RNET), Remark (MARK), Lithium Co.. (LTUM), Dropcar (DCAR), Plaintree Systems (PTEEF), 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)
Has ORBCOMM been receiving favorable news coverage?
News stories about ORBC stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. ORBCOMM earned a news impact score of 0.20 on Accern's scale. They also gave media stories about the technology company an impact score of 49.55 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are ORBCOMM's major shareholders?
ORBCOMM's stock is owned by many different of institutional and retail investors. Top institutional investors include Westpac Banking Corp (0.08%), Raymond James Trust N.A. (0.03%), Amalgamated Bank (0.01%) and Steward Partners Investment Advisory LLC (0.01%). 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 institutional investors are buying ORBCOMM stock?
ORBC stock was bought by a variety of institutional investors in the last quarter, including Westpac Banking Corp, Raymond James Trust N.A., Amalgamated Bank and Steward Partners Investment Advisory 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 $10.12.
How big of a company is ORBCOMM?
ORBCOMM has a market capitalization of $793.64 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.
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.
