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Powerfleet (PWFL)
NASDAQ:PWFL
Holding PWFL?
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PWFL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.64 - $5.67
Previous Close$4.85
Volume13.70M
Average Volume (3M)994.77K
Market Cap
$520.65M
Enterprise Value$529.87M
Total Cash (Recent Filing)$19.30M
Total Debt (Recent Filing)$28.45M
Price to Earnings (P/E)―
Beta1.11
Next Earnings
Aug 07, 2024EPS Estimate
-$0.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.34
Shares Outstanding107,349,987
10 Day Avg. Volume689,519
30 Day Avg. Volume994,772
Standard Deviation0.18
R-Squared0.27
Alpha-0.00504
Financial Highlights & Ratios
Price to Book (P/B)3.29
Price to Sales (P/S)9.59
Price to Cash Flow (P/CF)-73.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.87
Enterprise Value/Gross Profit8.26
Enterprise Value/Ebitda133.64
Forecast
1Y Price Target
$8.00Price Target Upside75.05% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Powerfleet News
PremiumPress Releases
Powerfleet Announces Change of Fiscal Year End
PremiumCompany Announcements
PowerFleet Inc Welcomes New Board Member, Andrew MartinBulls Say, Bears Say
Bulls Say
Financial GrowthAnalysts anticipate a substantial increase in PowerFleet's adjusted EBITDA, forecasting growth from $40 million to $60 million in one year, followed by a rise to $100 million, signaling potential outperformance against conservative management estimates.
Mergers And AcquisitionsPowerFleet's impending merger with MiX Telematics is expected to create a dominant SaaS provider, delivering critical data insights and driving shareholder value with a BUY rating and a $6 price target.
Product DevelopmentThe launch of PowerFleet’s innovative Unity software platform, combined with the acquisition of Movingdots, enhances the company's ability to offer valuable upsell and cross-sell opportunities to its growing customer base.
Bears Say
Earnings QualityA decline in service revenue gross profit and a shrinking gross margin could signal a deterioration in the company's earnings quality.
Financial StabilityThe company's decision to take on an additional $75 million in debt could strain its financial stability and potentially lead to increased interest expenses.
Profitability ConcernsThe year-over-year drop in service revenue gross profit, coupled with a significant gross margin contraction, points to emerging profitability concerns for the company.
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Ownership Overview
15.02% Insiders
9.96% Mutual Funds
30.96% Other Institutional Investors
44.06% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
PWFL FAQ
What was Powerfleet’s price range in the past 12 months?
Powerfleet lowest stock price was $1.64 and its highest was $5.67 in the past 12 months.
What is Powerfleet’s market cap?
Currently, no data Available
When is Powerfleet’s upcoming earnings report date?
Powerfleet’s upcoming earnings report date is Aug 07, 2024 which is 137 days ago.
How were Powerfleet’s earnings last quarter?
Powerfleet released its earnings results on Mar 12, 2024. The company reported $0.035 earnings per share for the quarter, beating the consensus estimate of -$0.02 by $0.055.
Is Powerfleet overvalued?
According to Wall Street analysts Powerfleet’s price is currently Undervalued.
Does Powerfleet pay dividends?
Powerfleet does not currently pay dividends.
What is Powerfleet’s EPS estimate?
Powerfleet’s EPS estimate is -$0.06.
How many shares outstanding does Powerfleet have?
Powerfleet has 107,349,980 shares outstanding.
What happened to Powerfleet’s price movement after its last earnings report?
Powerfleet reported an EPS of $0.035 in its last earnings report, beating expectations of -$0.02. Following the earnings report the stock price went up 8.966%.
Which hedge fund is a major shareholder of Powerfleet?
Among the largest hedge funds holding Powerfleet’s share is Private Capital Management, LLC. It holds Powerfleet’s shares valued at 32M.
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Powerfleet Stock Smart Score
Company Description
Powerfleet
PowerFleet, Inc. engages in the provision of fleet management solutions for logistics, industrial, and vehicles. It offers wireless Internet of Things (IoT) and machine to machine (M2M) solutions for securing, controlling, tracking, and managing enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicle and truck fleets. The company was founded in 1993 and is headquartered in Woodcliff Lake, NJ.
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PWFL Earnings Call
Q4 2024
0:00 / 0:00
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PWFL Stock 12 Month Forecast
Average Price Target
$8.00
▲(75.05% Upside)
Technical Analysis
Best Analysts Covering PWFL
1 Year
1 Year Success Rate
9/13 ratings generated profit
1 Year Average Return
+25.06%
reiterated a buy rating 8 months ago
Copying Jaeson Schmidt's trades and holding each position for 1 Year would result in 69.23% of your transactions generating a profit, with an average return of +25.06% per trade.
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