ORBCOMM Inc. provides machine-to-machine communication solutions primarily in the United States, Japan, Europe, and internationally. The company offers solutions, including network connectivity, devices, and Web reporting applications that enable businesses and government agencies to track, monitor, and control and communicate with fixed and mobile assets. The company was founded in 2001 and is based in Rochelle Park, New Jersey.
ORBC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for ORBCOMM Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that ORBCOMM Inc ranked in the 96th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of ORBCOMM Inc, consider:
Interest coverage, a measure of earnings relative to interest payments, is 0.06 -- which is good for besting only 14.33% of its peer stocks (US stocks in the Communication Services sector with positive cash flow).
ORBCOMM Inc's effective tax rate, as measured by taxes paid relative to net income, is at 58 -- greater than 95.16% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
FTRCQ, VEON, LILA, BCOMF, and CHU can be thought of as valuation peers to ORBC, in the sense that they are in the Communication Services sector and have a similar price forecast based on DCF valuation.
Recognized for developing the next-gen ORBCOMM Platform and providing fleet customers with a complete view of all asset types and unparalleled processing power and bandwidth ORBCOMM Wins 2021 IoT Breakthrough Award ORBCOMM is recognized for innovation in developing advanced IoT technology solutions with the 2021 IoT Breakthrough Award for M2M Vehicle Telematics Company of the YearROCHELLE PARK, N.J., Jan. 12, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that it has been named as the M2M Vehicle Telematics Company of the Year by the 5th Annual IoT Breakthrough Awards program, which showcases technologies and companies that drive innovation and exemplify the best in IoT technology solutions across the globe....
ROCHELLE PARK, N.J., Jan. 05, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (NASDAQ: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that its Chief Financial Officer, Dean Milcos, will be participating in the 23rd Annual Needham Virtual Growth Conference. Mr. Milcos is scheduled to present on Wednesday, January 13th at 8:30 AM Eastern Time. Management will be available throughout the day for virtual one-on-one meetings with investors who are registered to attend the conference. For more information about the conference or to schedule a virtual one-on-one meeting with management, please contact your Needham representative. The presentation will be webcast and can be accessed by visiting the Company’s investor relations website at http://investors.orbcomm.com.Abou...
When we last looked at ORBCOMM (ORBC), 2019 was coming to a close, and no one had a clue on what a surreal year 2020 would turn out to be. We stated at the time the stock appeared oversold at just under $4.00 a share as the company was in...
The Insiders Forum on Seeking Alpha | January 4, 2021
Orbcomm (ORBC) shares are in the green after a positive mention on CNBC's Halftime Report show, which features panelist Jim Lebenthal.Lebenthal, also the chief equity strategist at Cerity Partners, previously tweeted about his Orbcomm holding.Responding to a person asking for his current view on the stock Lebenthal tweeted: "Stay with...