Free Trial
NASDAQ:AIOT

Powerfleet (AIOT) Stock Price, News & Analysis

Powerfleet logo
$6.68 +0.20 (+3.09%)
(As of 11:27 AM ET)

About Powerfleet Stock (NASDAQ:AIOT)

Key Stats

Today's Range
$6.43
$6.73
50-Day Range
$4.63
$6.50
52-Week Range
$2.22
$6.73
Volume
620,430 shs
Average Volume
866,144 shs
Market Capitalization
$882.70 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.00
Consensus Rating
Buy

Company Overview

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. It also provides hosting, maintenance, and support and consulting services; and Software as a Service, including system monitoring, help desk technical support, escalation procedure development, routine diagnostic data analysis, and software updates services. The company offers its products under the PowerFleet, Pointer, and Cellocator brands. It sells its products to commercial and government sectors in manufacturing, automotive manufacturing, wholesale and retail, food and grocery distribution, pharmaceutical and medical distribution, construction, mining, utilities, heavy industry, aerospace and defense, homeland security, and vehicle rental, logistics, shipping, and freight transportation markets, as well as through indirect sales channels, such as original equipment manufacturers, vehicle importers, distributors, and industrial equipment dealers. The company was formerly known as I.D. Systems, Inc. PowerFleet, Inc. was incorporated in 1993 and is headquartered in Woodcliff Lake, New Jersey.

Powerfleet Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
51st Percentile Overall Score

AIOT MarketRank™: 

Powerfleet scored higher than 51% of companies evaluated by MarketBeat, and ranked 85th out of 127 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Powerfleet has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Powerfleet has only been the subject of 2 research reports in the past 90 days.

  • Read more about Powerfleet's stock forecast and price target.
  • Earnings Growth

    Earnings for Powerfleet are expected to grow in the coming year, from ($0.13) to $0.39 per share.

  • Price to Book Value per Share Ratio

    Powerfleet has a P/B Ratio of 1.90. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Powerfleet's valuation and earnings.
  • Short Interest

    There is no current short interest data available for AIOT.
  • Dividend Yield

    Powerfleet does not currently pay a dividend.

  • Dividend Growth

    Powerfleet does not have a long track record of dividend growth.

  • Short Interest

    There is no current short interest data available for AIOT.
  • News Sentiment

    Powerfleet has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Powerfleet this week, compared to 3 articles on an average week.
  • Search Interest

    6 people have searched for AIOT on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • MarketBeat Follows

    7 people have added Powerfleet to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Powerfleet insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 7.79% of the stock of Powerfleet is held by insiders.

  • Percentage Held by Institutions

    73.40% of the stock of Powerfleet is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Powerfleet's insider trading history.
Receive AIOT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Powerfleet and its competitors with MarketBeat's FREE daily newsletter.

AIOT Stock News Headlines

Track Group (OTCMKTS:TRCK) vs. Powerfleet (NASDAQ:AIOT) Financial Review
“This Changes Everything” - Trump Hands Millions Massive IRS Gift
Now it's your time to return the favor by taking advantage of this tax "revenge loophole." Because even as we wait for Trump's agenda to kick in…
Powerfleet Announces Strong Q2 2025 Results
Northland Securities Keeps Their Buy Rating on Powerfleet (AIOT)
PowerFleet reports Q2 adjusted EPS 2c, consensus (2c)
See More Headlines

AIOT Stock Analysis - Frequently Asked Questions

Powerfleet's stock was trading at $5.00 at the start of the year. Since then, AIOT stock has increased by 29.6% and is now trading at $6.48.
View the best growth stocks for 2024 here
.

Powerfleet, Inc. (NASDAQ:AIOT) released its earnings results on Tuesday, November, 12th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.01. The firm earned $77.02 million during the quarter, compared to analyst estimates of $74.54 million.

Shares of AIOT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Powerfleet investors own include iShares Micro-Cap ETF (IWC), The RMR Group (RMR), Waste Connections (WCN), DiamondRock Hospitality (DRH), AUO (AUOTY), American Water Works (AWK) and Triple Flag Precious Metals (TFPM).

Company Calendar

Last Earnings
11/12/2024
Today
11/21/2024
Next Earnings (Estimated)
3/11/2025
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Communications equipment, not elsewhere classified
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:AIOT
Previous Symbol
NASDAQ:AIOT
Web
N/A
Employees
670
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.00
High Stock Price Target
$10.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+54.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$133.59 million
Book Value
$2.45 per share

Miscellaneous

Free Float
121,845,000
Market Cap
$856.27 million
Optionable
Optionable
Beta
1.67
10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

This page (NASDAQ:AIOT) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners