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S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
China Threat Triggers Potential Mining Boom for Investors (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
China Threat Triggers Potential Mining Boom for Investors (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
Copper Exploration Heating Up (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
China Threat Triggers Potential Mining Boom for Investors (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
China Threat Triggers Potential Mining Boom for Investors (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
Copper Exploration Heating Up (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
China Threat Triggers Potential Mining Boom for Investors (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
China Threat Triggers Potential Mining Boom for Investors (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
Copper Exploration Heating Up (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
NASDAQ:PWFL

PowerFleet - PWFL Stock Forecast, Price & News

$2.68
-0.14 (-4.96%)
(As of 12/1/2022 12:00 AM ET)
Add
Compare
Today's Range
$2.50
$2.91
50-Day Range
$2.44
$3.25
52-Week Range
$2.06
$6.53
Volume
48,716 shs
Average Volume
50,606 shs
Market Capitalization
$96.94 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.33

PowerFleet MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
173.6% Upside
$7.33 Price Target
Short Interest
Healthy
0.50% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.46
Upright™ Environmental Score
News Sentiment
0.55mentions of PowerFleet in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$59,400 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.37) to ($0.12) Per Share

Overall MarketRank

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

2.52 out of 5 stars

Transportation Sector

17th out of 124 stocks

Communications Equipment, Not Elsewhere Classified Industry

3rd out of 13 stocks

PWFL stock logo

About PowerFleet (NASDAQ:PWFL) Stock

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.

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PWFL Stock News Headlines

StockNews.com Initiates Coverage on PowerFleet (NASDAQ:PWFL)
Powerfleet Names Offer Lehmann as Chief Operating Officer
Powerfleet Unveils New Brand Identity - Yahoo Finance
Powerfleet Unveils New Brand Identity - GlobeNewswire
Powerfleet Unveils New Brand Identity
See More Headlines
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PWFL Company Calendar

Last Earnings
11/08/2022
Today
12/02/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
3/08/2023

Industry, Sector and Symbol

Industry
Communications equipment, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:PWFL
Employees
669
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$7.33
High Stock Price Forecast
$9.00
Low Stock Price Forecast
$6.00
Forecasted Upside/Downside
+173.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-13,290,000.00
Pretax Margin
-7.36%

Debt

Sales & Book Value

Annual Sales
$126.21 million
Book Value
$2.34 per share

Miscellaneous

Free Float
34,616,000
Market Cap
$96.94 million
Optionable
Not Optionable
Beta
1.46

Key Executives

  • Mr. Ned Mavrommatis (Age 51)
    Consultant
    Comp: $494.04k
  • Mr. Steve Towe (Age 50)
    CEO & Director
  • Mr. Jim Zeitunian
    Chief Technology Officer
  • Mr. Luis Rodriguez
    Chief Information Officer
  • Mr. Roger Tenney
    Sr. VP of Client Services
  • Mr. William Sandoval
    Sr. VP of Product Management & Strategy
  • Mr. Patrick Maley
    Chief Revenue Office & GM of U.S.
  • Joaquin Fong
    Global Controller
  • Mr. Frederick F. Muntz (Age 69)
    VP of Strategic Accounts













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 year. 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 analysts have issued twelve-month price targets for PowerFleet's stock. Their PWFL share price forecasts range from $6.00 to $9.00. On average, they expect the company's stock price to reach $7.33 in the next year. This suggests a possible upside of 173.6% 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 2022?

PowerFleet's stock was trading at $4.74 on January 1st, 2022. Since then, PWFL shares have decreased by 43.5% and is now trading at $2.68.
View the best growth stocks for 2022 here
.

When is PowerFleet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 8th 2023.
View our PWFL earnings forecast
.

How were PowerFleet's earnings last quarter?

PowerFleet, Inc. (NASDAQ:PWFL) announced its quarterly earnings data on Tuesday, November, 8th. The company reported ($0.10) earnings per share for the quarter, topping analysts' consensus estimates of ($0.11) by $0.01. The firm earned $34.29 million during the quarter, compared to the consensus estimate of $34.52 million. PowerFleet had a negative trailing twelve-month return on equity of 13.68% and a negative net margin of 8.84%.

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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (4.31%), Brandywine Global Investment Management LLC (3.18%), Phoenix Holdings Ltd. (2.33%), Renaissance Technologies LLC (0.82%), Equitable Trust Co. (0.36%) and Perritt Capital Management Inc. (0.27%). Insiders that own company stock include Charles Frumberg, Chris Adams Wolfe, David Mahlab, 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 $2.68.

How much money does PowerFleet make?

PowerFleet (NASDAQ:PWFL) has a market capitalization of $96.94 million and generates $126.21 million in revenue each year. The company earns $-13,290,000.00 in net income (profit) each year or ($0.49) on an earnings per share basis.

How many employees does PowerFleet have?

The company employs 669 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 12/2/2022 by MarketBeat.com Staff