Roth Capital Issues Negative Outlook for Powerfleet Earnings

Powerfleet, Inc. (NASDAQ:AIOT - Free Report) - Analysts at Roth Capital lowered their FY2025 earnings per share (EPS) estimates for Powerfleet in a note issued to investors on Tuesday, February 11th. Roth Capital analyst S. Searle now expects that the company will earn ($0.33) per share for the year, down from their previous estimate of ($0.12). The consensus estimate for Powerfleet's current full-year earnings is ($0.14) per share. Roth Capital also issued estimates for Powerfleet's Q4 2025 earnings at ($0.01) EPS and FY2026 earnings at $0.18 EPS.

Other research analysts have also issued reports about the company. William Blair restated an "outperform" rating on shares of Powerfleet in a research note on Thursday, November 21st. Northland Securities increased their price objective on Powerfleet from $10.00 to $11.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 11th. Lake Street Capital increased their price objective on Powerfleet from $7.00 to $11.00 and gave the stock a "buy" rating in a research note on Tuesday, February 11th. Finally, Barrington Research reiterated an "outperform" rating and set a $15.00 price objective on shares of Powerfleet in a research note on Thursday, February 13th.

Powerfleet Price Performance

Shares of NASDAQ AIOT traded up $0.10 during trading hours on Friday, reaching $8.20. The stock had a trading volume of 1,900,232 shares, compared to its average volume of 2,325,373. The business's fifty day moving average is $6.54 and its two-hundred day moving average is $5.76. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.51 and a current ratio of 1.71. Powerfleet has a twelve month low of $2.85 and a twelve month high of $8.71.

Powerfleet (NASDAQ:AIOT - Get Free Report) last issued its earnings results on Monday, February 10th. The company reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of $0.02 by ($0.13).

Insiders Place Their Bets

In other news, insider Catherine J. Lewis sold 82,010 shares of the firm's stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $7.05, for a total value of $578,170.50. Following the completion of the sale, the insider now directly owns 240,962 shares in the company, valued at approximately $1,698,782.10. This trade represents a 25.39 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 7.79% of the company's stock.

Institutional Trading of Powerfleet

Hedge funds and other institutional investors have recently made changes to their positions in the business. Signaturefd LLC acquired a new stake in shares of Powerfleet in the fourth quarter valued at $25,000. Comerica Bank acquired a new stake in shares of Powerfleet in the fourth quarter valued at $42,000. Financial Management Professionals Inc. acquired a new stake in shares of Powerfleet in the fourth quarter valued at $50,000. Spire Wealth Management acquired a new stake in shares of Powerfleet in the fourth quarter valued at $55,000. Finally, Legal & General Group Plc acquired a new stake in shares of Powerfleet in the fourth quarter valued at $58,000. 73.40% of the stock is currently owned by institutional investors and hedge funds.

About Powerfleet

PowerFleet, Inc engages in the provision of fleet management solutions for logistics, industrial, and vehicles. It offers wireless Internet of Things and machine to machine solutions for securing, controlling, tracking, and managing enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicle and truck fleets.