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NYSE:MIXT

MiX Telematics (MIXT) Stock Price, News & Analysis

MiX Telematics logo
$14.55 0.00 (0.00%)
(As of 12/20/2024 ET)

About MiX Telematics Stock (NYSE:MIXT)

Key Stats

Today's Range
$14.55
$14.55
50-Day Range
$14.55
$14.55
52-Week Range
$4.75
$14.85
Volume
N/A
Average Volume
133,090 shs
Market Capitalization
$353.75 million
P/E Ratio
58.20
Dividend Yield
1.24%
Price Target
$12.00
Consensus Rating
Buy

Company Overview

MiX Telematics Limited, together with its subsidiaries, provides fleet and mobile asset management solutions through software-as-a-service (SaaS) delivery model. It offers MiX Fleet Manager, a commercial fleet management solution comprising MyMiX, an innovative driver engagement platform; MiX Vision, an on-road and in-vehicle video recording solution; MiX Rovi, an in-vehicle display and communications system; MiX RIBAS and DriveMate, an in-cab driving aid solution; MiX Hours of Service, which allows real-time monitoring and compliance; MiX Journey Management, an easy-to-use electronic alternative to paper-based systems; and MiX OEM Connect allows customer instant, direct integration to relevant, and powerful telematics data. The company provides MiX Asset Manager, asset tracking products including generators, light towers, storage tanks and pumps, and asset management solution for visibility of corporate assets; and Matrix, a suite of mobile asset management solutions for entry-level fleets and consumers, which offers real-time and historical vehicle tracking, and positioning, unauthorized vehicle use alerts, panic emergency response, crash alerts, driver behavior alerts, fuel tax logbooks, and vehicle maintenance notifications. In addition, it offers Beam-e, a crowdsourcing platform to locate vehicles without the expense of utilizing a traditional cellular network connection. The company delivers fleet and mobile asset management solutions as SaaS to 1,001,800 subscribers in South Africa, the Americas, the Middle East, Australia, Europe, and Brazil. MiX Telematics Limited was founded in 1996 and is headquartered in Boca Raton, Florida.

MiX Telematics Stock Analysis - MarketRank™

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47th Percentile Overall Score

MIXT MarketRank™: 

MiX Telematics scored higher than 47% of companies evaluated by MarketBeat, and ranked 397th out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    MiX Telematics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    MiX Telematics has received no research coverage in the past 90 days.

  • Read more about MiX Telematics' stock forecast and price target.
  • Earnings Growth

    Earnings for MiX Telematics are expected to grow by 50.00% in the coming year, from $0.40 to $0.60 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of MiX Telematics is 58.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.46.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of MiX Telematics is 58.20, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 246.63.

  • Price to Book Value per Share Ratio

    MiX Telematics has a P/B Ratio of 3.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Short Interest

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

    MiX Telematics pays a meaningful dividend of 1.28%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    MiX Telematics does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of MiX Telematics is 72.00%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, MiX Telematics will have a dividend payout ratio of 30.00% next year. This indicates that MiX Telematics will be able to sustain or increase its dividend.

  • Read more about MiX Telematics' dividend.
  • Short Interest

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

    MiX Telematics has a news sentiment score of 0.30. 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 0.66 average news sentiment score of Computer and Technology companies.
  • Insider Buying vs. Insider Selling

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

  • Percentage Held by Insiders

    12.40% of the stock of MiX Telematics is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    45.72% of the stock of MiX Telematics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about MiX Telematics' insider trading history.
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MIXT Stock News Headlines

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MIXT Stock Analysis - Frequently Asked Questions

MiX Telematics' stock was trading at $8.61 at the beginning of the year. Since then, MIXT stock has increased by 69.0% and is now trading at $14.55.
View the best growth stocks for 2024 here
.

MiX Telematics Limited (NYSE:MIXT) announced its earnings results on Thursday, May, 26th. The technology company reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.04. The technology company earned $25.90 million during the quarter, compared to analyst estimates of $23.98 million. MiX Telematics had a trailing twelve-month return on equity of 8.45% and a net margin of 3.72%.

Shares of MIXT 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 MiX Telematics investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Adobe (ADBE), Jabil (JBL), Advanced Micro Devices (AMD) and Arista Networks (ANET).

Company Calendar

Last Earnings
5/26/2016
Today
12/21/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Employees
1,080
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.00
High Stock Price Target
$12.00
Low Stock Price Target
$12.00
Potential Upside/Downside
-17.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$4.52 million
Pretax Margin
8.26%

Debt

Sales & Book Value

Annual Sales
$150.06 million
Cash Flow
$1.14 per share
Book Value
$4.47 per share

Miscellaneous

Free Float
21,298,000
Market Cap
$353.75 million
Optionable
Optionable
Beta
1.15
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This page (NYSE:MIXT) was last updated on 12/21/2024 by MarketBeat.com Staff
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