QQQ   354.21 (-1.50%)
AAPL   171.96 (-2.34%)
MSFT   312.14 (-1.70%)
META   298.96 (-0.62%)
GOOGL   128.57 (-1.94%)
AMZN   125.98 (-4.03%)
TSLA   244.12 (-1.16%)
NVDA   419.11 (-0.74%)
NIO   8.40 (+0.60%)
BABA   85.88 (-1.54%)
AMD   95.96 (-1.46%)
T   15.02 (-0.27%)
F   12.44 (-1.11%)
MU   67.94 (-0.93%)
CGC   0.92 (-2.12%)
GE   109.94 (-1.59%)
DIS   80.04 (-1.20%)
AMC   7.92 (-2.82%)
PFE   32.37 (-1.85%)
PYPL   58.93 (+0.12%)
NFLX   379.25 (-1.44%)
QQQ   354.21 (-1.50%)
AAPL   171.96 (-2.34%)
MSFT   312.14 (-1.70%)
META   298.96 (-0.62%)
GOOGL   128.57 (-1.94%)
AMZN   125.98 (-4.03%)
TSLA   244.12 (-1.16%)
NVDA   419.11 (-0.74%)
NIO   8.40 (+0.60%)
BABA   85.88 (-1.54%)
AMD   95.96 (-1.46%)
T   15.02 (-0.27%)
F   12.44 (-1.11%)
MU   67.94 (-0.93%)
CGC   0.92 (-2.12%)
GE   109.94 (-1.59%)
DIS   80.04 (-1.20%)
AMC   7.92 (-2.82%)
PFE   32.37 (-1.85%)
PYPL   58.93 (+0.12%)
NFLX   379.25 (-1.44%)
QQQ   354.21 (-1.50%)
AAPL   171.96 (-2.34%)
MSFT   312.14 (-1.70%)
META   298.96 (-0.62%)
GOOGL   128.57 (-1.94%)
AMZN   125.98 (-4.03%)
TSLA   244.12 (-1.16%)
NVDA   419.11 (-0.74%)
NIO   8.40 (+0.60%)
BABA   85.88 (-1.54%)
AMD   95.96 (-1.46%)
T   15.02 (-0.27%)
F   12.44 (-1.11%)
MU   67.94 (-0.93%)
CGC   0.92 (-2.12%)
GE   109.94 (-1.59%)
DIS   80.04 (-1.20%)
AMC   7.92 (-2.82%)
PFE   32.37 (-1.85%)
PYPL   58.93 (+0.12%)
NFLX   379.25 (-1.44%)
QQQ   354.21 (-1.50%)
AAPL   171.96 (-2.34%)
MSFT   312.14 (-1.70%)
META   298.96 (-0.62%)
GOOGL   128.57 (-1.94%)
AMZN   125.98 (-4.03%)
TSLA   244.12 (-1.16%)
NVDA   419.11 (-0.74%)
NIO   8.40 (+0.60%)
BABA   85.88 (-1.54%)
AMD   95.96 (-1.46%)
T   15.02 (-0.27%)
F   12.44 (-1.11%)
MU   67.94 (-0.93%)
CGC   0.92 (-2.12%)
GE   109.94 (-1.59%)
DIS   80.04 (-1.20%)
AMC   7.92 (-2.82%)
PFE   32.37 (-1.85%)
PYPL   58.93 (+0.12%)
NFLX   379.25 (-1.44%)
NASDAQ:PWFL

PowerFleet (PWFL) Stock Forecast, Price & News

$2.00
-0.02 (-0.99%)
(As of 09/26/2023 ET)
Compare
Today's Range
$2.00
▼
$2.06
50-Day Range
$1.88
▼
$2.90
52-Week Range
$1.85
▼
$3.49
Volume
8,502 shs
Average Volume
83,103 shs
Market Capitalization
$72.48 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.67
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability

PowerFleet MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
233.3% Upside
$6.67 Price Target
Short Interest
Healthy
0.50% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.46
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.09) to $0.15 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.12 out of 5 stars

Transportation Sector

54th out of 113 stocks

Communications Equipment, Not Elsewhere Classified Industry

4th out of 10 stocks

See Top Rated MarketRank™ Stocks Here

PWFL stock logo

About PowerFleet (NASDAQ:PWFL) Stock

PowerFleet, Inc. provides wireless Internet-of-Things (IoT) 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, homeland security, aerospace and defense, 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.

PWFL Price History

PWFL Stock News Headlines

August 29, 2023 | markets.businessinsider.com
Where PowerFleet Stands With Analysts
August 25, 2023 | finance.yahoo.com
Down -32.13% in 4 Weeks, Here's Why You Should You Buy the Dip in PowerFleet (PWFL)
September 26, 2023 | Micro-Cap Stock Trader (Ad)
U.S. drive to onshore battery supply chains could create big winners in lithium
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
August 15, 2023 | markets.businessinsider.com
Powerfleet (PWFL) Receives a Rating Update from a Top Analyst
August 10, 2023 | nasdaq.com
Lake Street Maintains PowerFleet (PWFL) Buy Recommendation
August 9, 2023 | markets.businessinsider.com
Analyst Ratings for PowerFleet
August 8, 2023 | finanznachrichten.de
Powerfleet, Inc.: Powerfleet Reports Second Quarter and First Half 2023 Financial Results
August 8, 2023 | finance.yahoo.com
PowerFleet (PWFL) Reports Q2 Loss, Misses Revenue Estimates
September 26, 2023 | Micro-Cap Stock Trader (Ad)
Unlock the treasure on Mount Olympus with this little-known mining stock.
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
August 8, 2023 | benzinga.com
Earnings Preview For PowerFleet
August 8, 2023 | finance.yahoo.com
Powerfleet Reports Second Quarter and First Half 2023 Financial Results
August 3, 2023 | msn.com
PowerFleet (PWFL) Price Target Decreased by 7.56% to 6.76
August 3, 2023 | finance.yahoo.com
PCS Civil Selects Powerfleet to Revolutionize Driver Safety
July 31, 2023 | finance.yahoo.com
Powerfleet Sets Second Quarter 2023 Conference Call for Tuesday, August 8, 2023 at 8:30 a.m. ET
July 12, 2023 | finance.yahoo.com
One PowerFleet Insider Raised Stake By 13% In Previous Year
June 28, 2023 | finance.yahoo.com
Powerfleet Unveils Sustainability Data-Powered Application
June 22, 2023 | finance.yahoo.com
Despite Fast-paced Momentum, PowerFleet (PWFL) Is Still a Bargain Stock
June 5, 2023 | msn.com
PowerFleet (PWFL) Is Attractively Priced Despite Fast-paced Momentum
June 1, 2023 | benzinga.com
Chief Operating Officer at PowerFleet Acquires Company Stock Options Worth 195,000 Shares
May 16, 2023 | finance.yahoo.com
Investors in PowerFleet (NASDAQ:PWFL) have unfortunately lost 51% over the last five years
May 12, 2023 | msn.com
Canaccord Genuity Maintains PowerFleet (PWFL) Buy Recommendation
May 9, 2023 | finanznachrichten.de
Powerfleet, Inc.: Powerfleet Reports First Quarter 2023 Financial Results
May 9, 2023 | finance.yahoo.com
Powerfleet Reports First Quarter 2023 Financial Results
April 25, 2023 | finance.yahoo.com
Powerfleet Sets First Quarter 2023 Conference Call for Tuesday, May 9, 2023 at 8:30 a.m. ET
April 19, 2023 | finance.yahoo.com
PowerFleet, Inc. (NASDAQ:PWFL) Screens Well But There Might Be A Catch
March 30, 2023 | finance.yahoo.com
PowerFleet, Inc.'s (NASDAQ:PWFL) institutional shareholders had a great week as one-year returns increased after a 11% gain last week
March 29, 2023 | finance.yahoo.com
New Data-Powered Safety and Security Application from Powerfleet to Save Lives, Time, and Money for Fleets Worldwide
See More Headlines
Receive PWFL 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.

PWFL Company Calendar

Last Earnings
8/08/2023
Today
9/26/2023
Next Earnings (Estimated)
11/14/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Communications equipment, not elsewhere classified
Sub-Industry
N/A
Sector
Transportation
Current Symbol
NASDAQ:PWFL
CUSIP
N/A
CIK
1774170
Web
www.powerfleet.com
Phone
(201) 996-9000
Fax
201-996-9144
Employees
795
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$6.67
High Stock Price Forecast
$9.00
Low Stock Price Forecast
$4.00
Forecasted Upside/Downside
+226.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($0.22)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-7,000,000.00
Net Margins
-1.64%
Pretax Margin
-0.58%
Return on Equity
-2.54%
Return on Assets
-0.99%

Debt

Debt-to-Equity Ratio
0.12
Current Ratio
1.86
Quick Ratio
1.36

Sales & Book Value

Annual Sales
$135.16 million
Price / Sales
0.55
Cash Flow
$0.04 per share
Price / Cash Flow
57.75
Book Value
$2.29 per share
Price / Book
0.89

Miscellaneous

Outstanding Shares
36,240,000
Free Float
34,873,000
Market Cap
$73.93 million
Optionable
Not Optionable
Beta
1.42
Metaverse Stocks And Why You Can't Ignore Them Cover
Metaverse Stocks And Why You Can't Ignore Them

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

Key Executives

  • Mr. Steve Towe (Age 51)
    CEO & Director
    Comp: $874.36k
  • Mr. James Zeitunian (Age 56)
    Chief Technology Officer
    Comp: $297.23k
  • Mr. David Wilson (Age 55)
    CFO & Corp. Sec.
  • Mr. Offer Lehmann (Age 51)
    Chief Operating Officer
  • Ms. Andrea Hayton
    Chief Marketing Officer
  • Ms. Lindsay Estelle
    Director of HR
  • Mr. Ned Mavrommatis (Age 52)
    Consultant
  • Mr. Roger Tenney
    Sr. VP of Client Services
  • Ms. Melissa Ingram
    Chief Transformation Officer
  • Joaquin Fong
    Global Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













PWFL Stock - Frequently Asked Questions

Should I buy or sell PowerFleet stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PowerFleet in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PWFL shares.
View PWFL analyst ratings or view top-rated stocks.

What is PowerFleet's stock price forecast for 2023?

3 equities research analysts have issued 1-year price targets for PowerFleet's shares. Their PWFL share price forecasts range from $4.00 to $9.00. On average, they predict the company's share price to reach $6.67 in the next year. This suggests a possible upside of 226.8% from the stock's current price.
View analysts price targets for PWFL or view top-rated stocks among Wall Street analysts.

How have PWFL shares performed in 2023?

PowerFleet's stock was trading at $2.69 on January 1st, 2023. Since then, PWFL shares have decreased by 24.2% and is now trading at $2.04.
View the best growth stocks for 2023 here.

Are investors shorting PowerFleet?

PowerFleet saw a increase in short interest in August. As of August 31st, there was short interest totaling 166,600 shares, an increase of 41.1% from the August 15th total of 118,100 shares. Based on an average daily volume of 74,100 shares, the days-to-cover ratio is presently 2.2 days. Approximately 0.5% of the shares of the stock are short sold.
View PowerFleet's Short Interest.

When is PowerFleet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our PWFL earnings forecast.

How were PowerFleet's earnings last quarter?

PowerFleet, Inc. (NASDAQ:PWFL) announced its quarterly earnings data on Tuesday, August, 8th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by $0.01. The company had revenue of $32.05 million for the quarter, compared to the consensus estimate of $34.18 million. PowerFleet had a negative net margin of 1.64% and a negative trailing twelve-month return on equity of 2.54%.

What other stocks do shareholders of PowerFleet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PowerFleet investors own include Enerplus (ERF), Matinas BioPharma (MTNB), Novan (NOVN), ADMA Biologics (ADMA), Bionano Genomics (BNGO), DHT (DHT), Gran Tierra Energy (GTE), Organigram (OGI), EnLink Midstream (ENLC) and Golar LNG Partners (GMLP).

What is PowerFleet's stock symbol?

PowerFleet trades on the NASDAQ under the ticker symbol "PWFL."

Who are PowerFleet's major shareholders?

PowerFleet's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Private Capital Management LLC (13.95%), AWM Investment Company Inc. (7.83%), BlackRock Inc. (1.34%), Renaissance Technologies LLC (1.11%), Dimensional Fund Advisors LP (1.04%) and Geode Capital Management LLC (0.93%). Insiders that own company stock include Charles Frumberg, Chris Adams Wolfe, Michael Brodsky, Michael J Casey and Steven Mark Towe.
View institutional ownership trends.

How do I buy shares of PowerFleet?

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

What is PowerFleet's stock price today?

One share of PWFL stock can currently be purchased for approximately $2.04.

How much money does PowerFleet make?

PowerFleet (NASDAQ:PWFL) has a market capitalization of $73.93 million and generates $135.16 million in revenue each year. The company earns $-7,000,000.00 in net income (profit) each year or ($0.22) on an earnings per share basis.

How many employees does PowerFleet have?

The company employs 795 workers across the globe.

How can I contact PowerFleet?

PowerFleet's mailing address is 123 TICE BOULEVARD, WOODCLIFF LAKE NJ, 07677. The official website for the company is www.powerfleet.com. The company can be reached via phone at (201) 996-9000, via email at pwfl@gatewayir.com, or via fax at 201-996-9144.

This page (NASDAQ:PWFL) was last updated on 9/26/2023 by MarketBeat.com Staff

My Account -