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NASDAQ:PWFL

PowerFleet Stock Forecast, Price & News

$6.93
-0.12 (-1.70 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$6.78
Now: $6.93
$7.10
50-Day Range
$5.87
MA: $6.58
$7.38
52-Week Range
$2.55
Now: $6.93
$8.50
Volume33,700 shs
Average Volume153,100 shs
Market Capitalization$215.53 million
P/E RatioN/A
Dividend YieldN/A
Beta1.78
PowerFleet, Inc. develops, markets, and sells wireless Internet-of-Things and machine-to-machine solutions in the United States, Israel, and internationally. The company offers industrial solutions, such as on-premise or in-facility asset and operator management, monitoring, and visibility for industrial trucks, such as forklifts and ground support equipment at airports. It also provides logistic solutions, including bumper-to-bumper asset management, monitoring, and visibility for heavy trucks, dry-van trailers, refrigerated trailers, shipping containers, etc., as well as associated cargos; and mobile-asset tracking and condition-monitoring solutions. In addition, the company offers vehicle solutions to enhance the vehicle fleet management process. Further, it provides hosting, maintenance, and support and consulting services; and Software as a Service covering system monitoring, help desk technical support, escalation procedure development, routine diagnostic data analysis, and software updates services. The company offers its product under the PowerFleet, Pointer and Cellocator brands. It sells its products to commercial and government sectors in automotive manufacturing, retail, food and grocery distribution, logistics, shipping, freight transportation, heavy industry, wholesale distribution, manufacturing, aerospace and defense, homeland security, and vehicle rental 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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Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.29 out of 5 stars


Industry, Sector and Symbol

Industry Communications equipment, not elsewhere classified
Sub-IndustryN/A
Current SymbolNASDAQ:PWFL
CUSIPN/A
CIKN/A
Phone201-996-9000
Employees840

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$81.92 million
Cash Flow$0.05 per share
Book Value$2.84 per share

Profitability

Net Income$-10,960,000.00

Miscellaneous

Market Cap$215.53 million
Next Earnings Date3/11/2021 (Estimated)
OptionableNot Optionable
$6.93
-0.12 (-1.70 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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PowerFleet (NASDAQ:PWFL) Frequently Asked Questions

How has PowerFleet's stock been impacted by Coronavirus?

PowerFleet's stock was trading at $5.59 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PWFL stock has increased by 24.0% and is now trading at $6.93.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of PowerFleet?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PowerFleet in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for PowerFleet
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than PowerFleet?

Wall Street analysts have given PowerFleet a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but PowerFleet wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is PowerFleet's next earnings date?

PowerFleet is scheduled to release its next quarterly earnings announcement on Thursday, March 11th 2021.
View our earnings forecast for PowerFleet
.

How were PowerFleet's earnings last quarter?

PowerFleet, Inc. (NASDAQ:PWFL) announced its quarterly earnings results on Monday, November, 9th. The company reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.01. The company earned $27.60 million during the quarter, compared to the consensus estimate of $26.69 million. PowerFleet had a negative net margin of 11.27% and a negative return on equity of 4.42%.
View PowerFleet's earnings history
.

What price target have analysts set for PWFL?

5 Wall Street analysts have issued 12-month price targets for PowerFleet's stock. Their forecasts range from $4.00 to $12.00. On average, they expect PowerFleet's share price to reach $8.30 in the next year. This suggests a possible upside of 19.8% from the stock's current price.
View analysts' price targets for PowerFleet
.

Who are some of PowerFleet's key competitors?

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).

Who are PowerFleet's key executives?

PowerFleet's management team includes the following people:
  • Mr. Chris Adam Wolfe, CEO & Director (Age 62, Pay $384.53k)
  • Mr. Ned Mavrommatis, CFO, Treasurer & Corp. Sec. (Age 49, Pay $363.15k)
  • Mr. Moses Zelniker, Chief Technology Officer (Age 58)
  • Mr. Luis Rodriguez, Chief Information Officer
  • Mr. Craig Montgomery, Sr. VP of Strategy, Bus. Devel. & Marketing
  • Mr. Roger Tenney, Sr. VP of Client Services
  • Mr. Nessy Turgeman, Sr. VP of Global Software & Platforms (Age 45)
  • Ms. Elizabeth Elkins, Chief Product Officer
  • Mr. Frederick F. Muntz, VP of Strategic Accounts (Age 67)

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 Cannell Capital LLC (6.74%), BlackRock Inc. (5.56%), Private Capital Management LLC (3.96%), Phoenix Holdings Ltd. (3.56%), Ardsley Advisory Partners LP (3.13%) and ArrowMark Colorado Holdings LLC (2.73%).
View institutional ownership trends for PowerFleet
.

Which major investors are selling PowerFleet stock?

PWFL stock was sold by a variety of institutional investors in the last quarter, including Ardsley Advisory Partners LP, Private Capital Management LLC, Punch & Associates Investment Management Inc., California Public Employees Retirement System, Jane Street Group LLC, and Equitable Trust Co..
View insider buying and selling activity for PowerFleet
.

Which major investors are buying PowerFleet stock?

PWFL stock was purchased by a variety of institutional investors in the last quarter, including Royce & Associates LP, Cannell Capital LLC, BlackRock Inc., Squarepoint Ops LLC, First Midwest Bank Trust Division, ArrowMark Colorado Holdings LLC, LPL Financial LLC, and Phoenix Holdings Ltd..
View insider buying and selling activity for PowerFleet
.

How do I buy shares of PowerFleet?

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

What is PowerFleet's stock price today?

One share of PWFL stock can currently be purchased for approximately $6.93.

How big of a company is PowerFleet?

PowerFleet has a market capitalization of $215.53 million and generates $81.92 million in revenue each year. The company earns $-10,960,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis. PowerFleet employs 840 workers across the globe.

What is PowerFleet's official website?

The official website for PowerFleet is www.powerfleet.com.

How can I contact PowerFleet?

PowerFleet's mailing address is 123 TICE BOULEVARD, WOODCLIFF LAKE NJ, 07677. The company can be reached via phone at 201-996-9000 or via email at [email protected]

This page was last updated on 11/30/2020 by MarketBeat.com Staff

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