ORBCOMM Stock

ORBCOMM Market capitalization 2024

ORBCOMM Market capitalization

897.37 M USD

Ticker

ORBC

ISIN

US68555P1003

WKN

A0LCUG

In 2024, ORBCOMM's market cap stood at 897.37 M USD, a 209.37% increase from the 290.06 M USD market cap in the previous year.

The ORBCOMM Market capitalization history

YEARMarket Capitalization (undefined USD)
2020303.94
2019500.98
2018776.48
2017734.91
2016653.54
2015435.89
2014369.12
2013239.46
2012162.84
2011130.68
201095.94
200986.04
2008202.98
2007443.76
2006289.99
2005-
2004-
2003-

ORBCOMM Aktienanalyse

What does ORBCOMM do?

ORBCOMM Inc. is a global leading company in the field of machine-to-machine communication (M2M) and Internet of Things (IoT). The company was founded in 1993 and is headquartered in Rochelle Park, New Jersey. The history of ORBCOMM began as a joint venture between the US telecommunications company Orbital Sciences Corporation and Teleglobe Canada. The goal was to offer global M2M communication solutions for the transportation and logistics sector. In the 1990s, ORBCOMM built the world's first satellite network specifically designed for the needs of M2M communication. The network consists of 31 satellites that orbit the Earth in low orbits, ensuring nearly global coverage. The company's business model is based on providing end-to-end solutions for its customers. This includes hardware, software, and services that enable the connection and management of industrial IoT applications and data. ORBCOMM is divided into several business segments serving different applications and markets. One of these business segments is the transportation and logistics segment, which provides solutions for monitoring vehicles, containers, trailers, and other mobile assets. These solutions help companies manage their fleet more efficiently, improve safety, and optimize the supply chain. Another important business segment of ORBCOMM is the asset tracking market. Here, the company offers solutions for tracking containers, pallets, tools, and other assets. These applications are used in various industries, such as construction, agriculture, and retail. ORBCOMM also has a strong focus on the maritime segment. The company's solutions include satellite communication, AIS data management, and vessel fleet management. ORBCOMM works closely with shipping companies, authorities, and port operators to improve ship tracking and fleet monitoring. In addition, ORBCOMM develops solutions for energy management. The company's solutions enable real-time data collection, analysis, and monitoring to reduce energy consumption and achieve energy savings. These applications are used in various industries, such as telecommunications, utilities, and manufacturing. Over the years, ORBCOMM has developed several product lines tailored to the specific needs of its customers. These include satellite modems, antennas, sensors, gateways, and other hardware components. The company also offers a variety of software solutions, including telematics platforms, data analysis tools, and APIs. Overall, ORBCOMM has experienced strong growth in recent years. The company has made several strategic acquisitions to strengthen its position in key markets. This includes the acquisition of SkyWave Mobile Communications in 2015 and the acquisition of inthinc Technology Solutions in 2017. ORBCOMM has also established itself as a leading provider of solutions for the automotive industry and works with leading car manufacturers to develop connectivity solutions. Overall, ORBCOMM plays an important role in device connectivity and real-time asset monitoring. The company is expected to continue to play a significant role in the growing market for IoT and industrial IoT in the future. ORBCOMM ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring ORBCOMM's Market Capitalization

ORBCOMM's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of ORBCOMM's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

ORBCOMM's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in ORBCOMM’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about ORBCOMM stock

What is the current ORBCOMM market capitalization?

The current market capitalization of ORBCOMM is 897.37 M USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like ORBCOMM.

How has the market capitalization of ORBCOMM developed in recent years?

The market capitalization of ORBCOMM has increased/decreased by 209.37% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of ORBCOMM?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of ORBCOMM?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of ORBCOMM have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does ORBCOMM pay?

Over the past 12 months, ORBCOMM paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, ORBCOMM is expected to pay a dividend of 0 USD.

What is the dividend yield of ORBCOMM?

The current dividend yield of ORBCOMM is .

When does ORBCOMM pay dividends?

ORBCOMM pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of ORBCOMM?

ORBCOMM paid dividends every year for the past 0 years.

What is the dividend of ORBCOMM?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is ORBCOMM located?

ORBCOMM is assigned to the 'Communication' sector.

Wann musste ich die Aktien von ORBCOMM kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of ORBCOMM from 8/8/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/8/2024.

When did ORBCOMM pay the last dividend?

The last dividend was paid out on 8/8/2024.

What was the dividend of ORBCOMM in the year 2023?

In the year 2023, ORBCOMM distributed 0 USD as dividends.

In which currency does ORBCOMM pay out the dividend?

The dividends of ORBCOMM are distributed in USD.

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Andere Kennzahlen von ORBCOMM

Our stock analysis for ORBCOMM Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of ORBCOMM Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.