About MiX Telematics (NYSE:MIXT)
MiX Telematics Limited is a South Africa-based provider of fleet and mobile asset management solutions delivered as Software-as-a-Service (SaaS) to customers. The Company's operating segments include Africa, Europe, Americas, Middle East and Australasia, Brazil and Central Services Organization. The Company's products and services provide enterprise fleets, small fleets and consumers with solutions for safety, risk management and security. The Company's solutions include MiX Fleet Manager, which consists of an on-board computer, an online tracking and information portal, as well as access to fleet and driver reports and analytics; MiX SafeDrive provides In-Vehicle Monitoring Systems (IVMS) that monitor driver performance, identify unsafe behaviors and provide audible alerts; Matrix is focused on personal safety and consumer telematics through vehicle tracking-and-recovery products and services, and Beam-e, which is a wireless device that fits into vehicles, motorbikes or caravan.
Industry, Sector and Symbol
Industry System Software
SectorComputer and Technology
Trailing P/E Ratio27.4005480109602
Forward P/E Ratio26.92
Sales & Book Value
Annual Sales$114.82 million
Price / Sales2.69
Cash Flow$0.38 per share
Price / Cash36.08
Book Value$4.26 per share
Price / Book3.22
Net Income$8.65 million
Return on Equity9.14%
Return on Assets6.91%
MiX Telematics (NYSE:MIXT) Frequently Asked Questions
What is MiX Telematics' stock symbol?
MiX Telematics trades on the New York Stock Exchange (NYSE) under the ticker symbol "MIXT."
How often does MiX Telematics pay dividends? What is the dividend yield for MiX Telematics?
MiX Telematics announced a quarterly dividend on Monday, February 5th. Investors of record on Friday, February 23rd will be paid a dividend of $0.052 per share on Thursday, March 8th. This represents a $0.21 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend is Thursday, February 22nd. This is a boost from MiX Telematics's previous quarterly dividend of $0.04. View MiX Telematics' Dividend History.
How will MiX Telematics' stock buyback program work?
MiX Telematics declared that its Board of Directors has approved a stock repurchase plan on Sunday, June 4th 2017, which permits the company to repurchase $20,100,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 12.9% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.
How were MiX Telematics' earnings last quarter?
MiX Telematics Ltd - (NYSE:MIXT) issued its earnings results on Thursday, February, 1st. The technology company reported $0.14 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.13 by $0.01. The technology company had revenue of $442 million for the quarter, compared to analysts' expectations of $427.11 million. MiX Telematics had a return on equity of 9.14% and a net margin of 9.07%. The business's revenue for the quarter was up 10.2% on a year-over-year basis. View MiX Telematics' Earnings History.
When will MiX Telematics make its next earnings announcement?
What guidance has MiX Telematics issued on next quarter's earnings?
MiX Telematics updated its FY18 earnings guidance on Thursday, February, 1st. The company provided earnings per share (EPS) guidance of R0.23-0.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.23. The company issued revenue guidance of R1.69-1.695 billion, compared to the consensus revenue estimate of $1.68 billion.
Where is MiX Telematics' stock going? Where will MiX Telematics' stock price be in 2018?
1 Wall Street analysts have issued 12 month target prices for MiX Telematics' shares. Their forecasts range from $20.00 to $20.00. On average, they expect MiX Telematics' share price to reach $20.00 in the next year. View Analyst Ratings for MiX Telematics.
Who are some of MiX Telematics' key competitors?
Some companies that are related to MiX Telematics include Mistras Group (MG), Materialise (MTLS), Unisys (UIS), Xcerra (XCRA), Photronics (PLAB), Castlight Health (CSLT), XO Group (XOXO), Mobileiron (MOBL), pdvWireless (PDVW), Upland Software (UPLD), TechTarget (TTGT), Gilat Satellite Networks (GILT), Sapiens International (SPNS), Zagg (ZAGG), A10 Networks (ATEN), Limelight Networks (LLNW), Adva Optical Netwo (ADVOF) and Magic Software Enterprises (MGIC).
Who are MiX Telematics' key executives?
MiX Telematics' management team includes the folowing people:
- Robin A. Frew, Chairman of the Board
- Stefan B. Joselowitz, Chief Executive Officer, Executive Director
- Paul Dell, Interim Chief Financial Officer, Director
- Charles Tasker, Group Chief Operating Officer, Executive Director
- Brendan Horan, Executive Vice President, Managing Director MiX Africa (Age 38)
- Catherine Lewis, Executive Vice President of Technology
- Gert Pretorius, Executive Vice President - Information Systems
- Stephen Richard Bruyns, Lead Independent Non-executive Director (Age 61)
- Enos Banda, Independent Non-Executive Director
- Christopher Haig Ewing, Independent Non-Executive Director (Age 66)
Who owns MiX Telematics stock?
MiX Telematics' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (3.68%), Disciplined Growth Investors Inc. MN (3.64%), Acadian Asset Management LLC (3.24%), GCA Investment Management LLC (3.14%), Boston Partners (1.61%) and Deutsche Bank AG (0.46%). View Institutional Ownership Trends for MiX Telematics.
Who sold MiX Telematics stock? Who is selling MiX Telematics stock?
Who bought MiX Telematics stock? Who is buying MiX Telematics stock?
MiX Telematics' stock was acquired by a variety of institutional investors in the last quarter, including Disciplined Growth Investors Inc. MN, GCA Investment Management LLC, Granite Investment Partners LLC, Renaissance Technologies LLC, Acadian Asset Management LLC and Millennium Management LLC. View Insider Buying and Selling for MiX Telematics.
How do I buy MiX Telematics stock?
Shares of MiX Telematics 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, Scottrade, Fidelity and Charles Schwab.
What is MiX Telematics' stock price today?
One share of MiX Telematics stock can currently be purchased for approximately $13.73.
How big of a company is MiX Telematics?
MiX Telematics has a market capitalization of $309.45 million and generates $114.82 million in revenue each year. The technology company earns $8.65 million in net income (profit) each year or $0.50 on an earnings per share basis. MiX Telematics employs 1,056 workers across the globe.
How can I contact MiX Telematics?
MiX Telematics' mailing address is HOWICK CLOSE WATERFALL PARK, MIDRAND T3, 1686. The technology company can be reached via phone at 27-11-654-8000 or via email at [email protected]
MarketBeat Community Rating for MiX Telematics (MIXT)MarketBeat's community ratings are surveys of what our community members think about MiX Telematics and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
MiX Telematics (NYSE:MIXT) Earnings History and Estimates Chart
MiX Telematics (NYSE MIXT) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/24/2018|| || || || || || || || |
|2/1/2018||Q3 2018||$0.13||$0.14||$427.11 million||$442.00 million||View||N/A|
|11/2/2017||Q2 2018||$0.07||$0.09||$29.35 million||$30.32 million||View||N/A|
|8/3/2017||6/30/2017||$0.10||$0.10||$31.22 million||$31.08 million||View||Listen|
|5/25/2017||3/31/2017||$0.04||$0.10||$27.81 million||$29.18 million||View||N/A|
|2/2/2017||Q317||$0.07||$0.12||$372.07 million||$29.20 million||View||Listen|
|11/3/2016||Q217||$0.03||$0.07||$25.33 million||$26.56 million||View||N/A|
|8/4/2016||Q1 2017||$0.03||$0.04||$23.78 million||$25.64 million||View||N/A|
|5/26/2016||Q416||$0.02||$0.06||$23.98 million||$25.90 million||View||Listen|
|2/4/2016||Q316||$0.08||$0.03||$24.83 million||$19.00 million||View||N/A|
|11/5/2015||Q216||$0.07||$0.04||$26.59 million||$25.50 million||View||N/A|
|8/6/2015||Q1||$0.07||$0.06||$29.10 million||$28.01 million||View||N/A|
|5/28/2015||Q415||$0.08||$0.10||$27.32 million||$30.40 million||View||Listen|
|2/12/2015||Q315||$0.05||$0.05||$28.15 million||$30.40 million||View||N/A|
|11/6/2014||Q2||$0.09||$0.07||$329.64 million||$351.00 million||View||N/A|
|8/7/2014||Q1||$0.07||$0.05||$329.54 million||$319.20 million||View||N/A|
|6/5/2014||Q414||$0.09||$0.15||$34.66 million||$348.40 million||View||N/A|
|2/6/2014||Q314||$0.09||$0.06||$30.94 million||$309.80 million||View||N/A|
|11/7/2013||Q314||$0.08||$0.10||$30.35 million||$315.00 million||View||N/A|
|9/10/2013||Q114||($0.36)||$0.10||$295.62 million||$298.40 million||View||N/A|
MiX Telematics (NYSE:MIXT) Earnings Estimates
2018 EPS Consensus Estimate: $0.13
2019 EPS Consensus Estimate: $0.41
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
MiX Telematics (NYSE:MIXT) Dividend Information
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||26.00% (Trailing 12 Months of Earnings) |
25.49% (Based on This Year's Estimates)
21.31% (Based on Next Year's Estimates)
MiX Telematics (NYSE:MIXT) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for MiX Telematics (NYSE MIXT)
No insider trades for this company have been tracked by MarketBeat.com
MiX Telematics (NYSE MIXT) News Headlines
MiX Telematics (NYSE:MIXT) SEC Filings
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MiX Telematics (NYSE:MIXT) Income Statement, Balance Sheet and Cash Flow Statement
MiX Telematics (NYSE MIXT) Stock Chart for Tuesday, February, 20, 2018