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

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$9.25 +0.14 (+1.54 %)
(As of 11/22/2018 05:56 AM ET)
Previous Close$9.11
Today's Range$9.09 - $9.30
52-Week Range$8.43 - $11.95
Volume248,400 shs
Average Volume585,674 shs
Market Capitalization$712.34 million
P/E Ratio-11.01
Dividend YieldN/A
Beta1.08
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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Communication services, not elsewhere classified
Sub-IndustryAlternative Carriers
SectorComputer and Technology
Current SymbolNASDAQ:ORBC
Previous Symbol
CUSIP68555P10
Phone703-433-6300

Debt

Debt-to-Equity Ratio0.95
Current Ratio2.80
Quick Ratio2.16

Price-To-Earnings

Trailing P/E Ratio-11.01
Forward P/E Ratio-33.04
P/E GrowthN/A

Sales & Book Value

Annual Sales$254.22 million
Price / Sales2.87
Cash FlowN/A
Price / CashN/A
Book Value$3.30 per share
Price / Book2.80

Profitability

EPS (Most Recent Fiscal Year)($0.84)
Net Income$-61,280,000.00
Net Margins-9.84%
Return on Equity-10.94%
Return on Assets-4.63%

Miscellaneous

Employees758
Outstanding Shares78,890,000
Market Cap$712.34 million
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) announced its quarterly earnings results on Tuesday, October, 30th. The technology company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.01. The technology company earned $71.04 million during the quarter, compared to the consensus estimate of $75.37 million. ORBCOMM had a negative return on equity of 10.94% and a negative net margin of 9.84%. The company's revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.10) 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 Thursday, March 7th 2019. View Earnings Estimates for ORBCOMM.

What price target have analysts set for ORBC?

4 brokers have issued 12-month price objectives for ORBCOMM's shares. Their forecasts range from $14.00 to $15.00. On average, they expect ORBCOMM's share price to reach $14.6667 in the next twelve months. This suggests a possible upside of 58.6% 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 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?

News headlines about ORBC stock have been trending positive this week, according to InfoTrie. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. ORBCOMM earned a coverage optimism score of 2.7 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days.

Who are some of ORBCOMM's key competitors?

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. Michael W. Ford, Exec. VP & CFO (Age 56)

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. (7.46%), Dimensional Fund Advisors LP (4.53%), Rockefeller Capital Management L.P. (2.13%), Granite Investment Partners LLC (1.86%), William Blair Investment Management LLC (1.78%) and Ingalls & Snyder LLC (1.49%). 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 major investors are selling ORBCOMM stock?

ORBC stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Renaissance Technologies LLC, Citadel Advisors LLC, HPM Partners LLC, Thrivent Financial for Lutherans, Skylands Capital LLC, Dimensional Fund Advisors LP and Credit Suisse AG. Company insiders that have sold ORBCOMM company stock in the last year include Constantine Milcos, Craig Malone, Jerome B Eisenberg, John J Stolte Jr, John J Stolte, Jr, Marc Eisenberg and Robert G Costantini. 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 Ingalls & Snyder LLC, Rockefeller Capital Management L.P., AXA, FMR LLC, BlackRock Inc., William Blair Investment Management LLC, Cadence Capital Management LLC and JPMorgan Chase & Co.. 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 $9.25.

How big of a company is ORBCOMM?

ORBCOMM has a market capitalization of $712.34 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.

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:  274 (Vote Outperform)
Underperform Votes:  193 (Vote Underperform)
Total Votes:  467
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 11/22/2018 by MarketBeat.com Staff

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