MiX Telematics Limited provides fleet and mobile asset management solutions through software-as-a-service delivery model. The company offers fleet solutions, including MiX Fleet Manager Premium that provides access to secure information about drivers and vehicles; MiX Fleet Manager Essential for monitoring drivers and vehicles; and MiX Asset Manager, a solution for fleet owners and managers to track and monitor vehicles. It also provides consumer solutions, including Matrix that provides vehicle tracking, telematics, and personal safety services; and Beame, a wireless device, which offers mobile asset tracking and recovery services. In addition, the company provides value added services comprising driver communication, collision prevention and reduction, satellite communication, driver identification, trailer tracking, field services management, driver engagement, fuel security, outsourced control room, and driver management solutions, as well as voice kits and keypads, and in-vehicle camera. MiX Telematics Limited has operations in Africa, the Americas, the Middle East, Australasia, Europe, and Brazil. The company was founded in 1996 and is based in Midrand, South Africa.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:MIXT
CUSIPN/A
Phone27-11-654-8000
Debt
Debt-to-Equity RatioN/A
Current Ratio1.84
Quick Ratio1.69
Price-To-Earnings
Trailing P/E Ratio30.34
Forward P/E Ratio29.28
P/E Growth1.5
Sales & Book Value
Annual Sales$144.81 million
Price / Sales2.78
Cash Flow$1.2970 per share
Price / Cash13.77
Book Value$5.19 per share
Price / Book3.44
Profitability
EPS (Most Recent Fiscal Year)$0.58
Net Income$13.98 million
Net Margins10.75%
Return on Equity10.99%
Return on Assets8.32%
Miscellaneous
Employees1,056
Outstanding Shares22,580,000
Market Cap$414.74
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 declared a special dividend on Wednesday, May 23rd. Stockholders of record on Friday, June 1st will be given a dividend of $0.0592 per share on Thursday, June 14th. The ex-dividend date is Thursday, May 31st. This is an increase from MiX Telematics's previous special dividend of $0.03. View MiX Telematics' Dividend History.
How will MiX Telematics' stock buyback program work?
MiX Telematics announced that its board has initiated a stock buyback program on Sunday, June 4th 2017, which permits the company to repurchase $20,100,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 12.9% of its shares through open market purchases. Shares repurchase programs 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, May, 10th. The technology company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.09. The technology company had revenue of $453.50 million for the quarter, compared to the consensus estimate of $432.93 million. MiX Telematics had a net margin of 10.75% and a return on equity of 10.99%. The firm's revenue was up 15.9% on a year-over-year basis. View MiX Telematics' Earnings History.
When is MiX Telematics' next earnings date?
What guidance has MiX Telematics issued on next quarter's earnings?
MiX Telematics issued an update on its FY19 earnings guidance on Thursday, May, 10th. The company provided earnings per share guidance of ZAR0.30-0.32 for the period, compared to the Thomson Reuters consensus estimate of $0.29. The company issued revenue guidance of ZAR1.83-1.86 billion, compared to the consensus revenue estimate of $1.81 billion.
What price target have analysts set for MIXT?
1 brokerages have issued 12 month price objectives for MiX Telematics' shares. Their forecasts range from $25.00 to $25.00. On average, they anticipate MiX Telematics' share price to reach $25.00 in the next year. This suggests a possible upside of 39.9% from the stock's current price. View Analyst Ratings for MiX Telematics.
What is the consensus analysts' recommendation for MiX Telematics?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MiX Telematics in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
Who are some of MiX Telematics' key competitors?
Some companies that are related to MiX Telematics include Apptio (APTI), MicroStrategy (MSTR), Endurance International Group (EIGI), Hortonworks (HDP), Rapid7 (RPD), Everbridge (EVBG), Cheetah Mobile (CMCM), LivePerson (LPSN), SPS Commerce (SPSC), Web.com Group Inc. common stock (WEB), SendGrid (SEND), Benefitfocus (BNFT), Secureworks (SCWX), Workiva (WK) and QAD (QADA).
Who are MiX Telematics' key executives?
MiX Telematics' management team includes the folowing people:
- Mr. Stefan Brian Joselowitz, president, CEO & Exec. Director (Age 59)
- Mr. Paul Dell, Interim Group CFO & Director (Age 36)
- Mr. Charles W. R. Tasker, COO, CEO of North America & Exec. Director (Age 54)
- Ms. Catherine Joy Lewis, Exec. VP of Technology (Age 43)
- Mr. Gert Pretorius, MD Mix Africa & Exec. VP of Africa (Age 50)
Has MiX Telematics been receiving favorable news coverage?
Media headlines about MIXT stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. MiX Telematics earned a daily sentiment score of 0.13 on Accern's scale. They also assigned news headlines about the technology company an impact score of 45.84 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
How do I buy shares of MiX Telematics?
Shares of MIXT 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 MIXT stock can currently be purchased for approximately $17.87.
How big of a company is MiX Telematics?
MiX Telematics has a market capitalization of $414.74 million and generates $144.81 million in revenue each year. The technology company earns $13.98 million in net income (profit) each year or $0.58 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 (NYSE MIXT)
MarketBeat's community ratings are surveys of what our community members think about MiX Telematics and other stocks. Vote "Outperform" if you believe MIXT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MIXT will underperform the S&P 500 over the long term. You may vote once every thirty days.
