Powerfleet (NASDAQ:AIOT - Get Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, November 12th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.
Powerfleet (NASDAQ:AIOT - Get Free Report) last issued its quarterly earnings data on Thursday, August 22nd. The company reported ($0.21) earnings per share for the quarter, missing analysts' consensus estimates of ($0.08) by ($0.13). The business had revenue of $75.43 million during the quarter, compared to analysts' expectations of $71.13 million. On average, analysts expect Powerfleet to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Powerfleet Stock Performance
Shares of AIOT traded up $0.14 during trading on Tuesday, reaching $5.06. The company's stock had a trading volume of 682,792 shares, compared to its average volume of 810,810. The company has a quick ratio of 0.99, a current ratio of 1.23 and a debt-to-equity ratio of 0.29. The business's fifty day moving average price is $5.01. Powerfleet has a twelve month low of $1.85 and a twelve month high of $5.81.
Analysts Set New Price Targets
Separately, Barrington Research reissued an "outperform" rating and issued a $10.00 target price on shares of Powerfleet in a research report on Thursday, October 3rd.
Read Our Latest Report on Powerfleet
About Powerfleet
(
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PowerFleet, Inc provides wireless Internet-of-Things asset management solutions in the United States, Israel, and internationally. The company offers real-time intelligence for organizations to capture IoT data from various types of assets with devices and sensors to increase efficiencies, and improve safety and security, as well as increase their profitability in easy-to-understand reports, dashboards, and real-time alerts; and application programming interfaces for additional integrations and development to boost other enterprise management systems and third-party applications.
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