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
Current SymbolNYSE:MIXT
Previous Symbol
CUSIPN/A
Phone27-11-654-8000
Debt
Debt-to-Equity RatioN/A
Current Ratio1.81
Quick Ratio1.67
Price-To-Earnings
Trailing P/E Ratio31.36
Forward P/E Ratio29.72
P/E GrowthN/A
Sales & Book Value
Annual Sales$144.81 million
Price / Sales2.83
Cash Flow$1.3470 per share
Price / Cash13.46
Book Value$5.29 per share
Price / Book3.43
Profitability
EPS (Most Recent Fiscal Year)$0.58
Net Income$13.98 million
Net Margins10.58%
Return on Equity13.30%
Return on Assets9.91%
Miscellaneous
Employees1,054
Outstanding Shares22,580,000
Market Cap$405.48 million
OptionableNot Optionable
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 special dividend on Tuesday, November 6th. Shareholders of record on Friday, November 23rd will be given a dividend of $0.0529 per share on Thursday, December 6th. This represents a yield of 1.26%. The ex-dividend date is Wednesday, November 21st. View MiX Telematics' Dividend History.
How will MiX Telematics' stock buyback program work?
MiX Telematics declared that its board has approved a stock buyback plan on Sunday, June 4th 2017, which authorizes the company to buyback $20,100,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 12.9% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board of directors believes its stock is undervalued.
How were MiX Telematics' earnings last quarter?
MiX Telematics Ltd - (NYSE:MIXT) announced its quarterly earnings data on Thursday, November, 1st. The technology company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.05. The technology company had revenue of $497 million for the quarter, compared to the consensus estimate of $459.37 million. MiX Telematics had a return on equity of 13.30% and a net margin of 10.58%. The firm's quarterly revenue was up 20.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.05 earnings per share. 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, November, 1st. The company provided EPS guidance of ZAR 0.351-0.379 for the period, compared to the Thomson Reuters consensus estimate of $0.28. The company issued revenue guidance of ZAR 1.93-1.96 billion, compared to the consensus revenue estimate of $1.92 billion.MiX Telematics also updated its FY 2019 guidance to $0.60-0.65 EPS.
What price target have analysts set for MIXT?
2 brokerages have issued 12 month target prices for MiX Telematics' shares. Their forecasts range from $22.00 to $25.00. On average, they anticipate MiX Telematics' share price to reach $23.50 in the next year. This suggests a possible upside of 29.6% from the stock's current price. View Analyst Price Targets for MiX Telematics.
What is the consensus analysts' recommendation for MiX Telematics?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MiX Telematics in the last year. There are currently 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Strong Buy." View Analyst Ratings for MiX Telematics.
Has MiX Telematics been receiving favorable news coverage?
News headlines about MIXT stock have been trending neutral this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. MiX Telematics earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.
Who are some of MiX Telematics' key competitors?
Some companies that are related to MiX Telematics include Rapid7 (RPD), Workiva (WK), Progress Software (PRGS), Everbridge (EVBG), 3D Systems (DDD), MicroStrategy (MSTR), Benefitfocus (BNFT), Cango (CANG), Cheetah Mobile (CMCM), Secureworks (SCWX), Hortonworks (HDP), LivePerson (LPSN), Endurance International Group (EIGI), Instructure (INST) and Talend (TLND).
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 & Exec. Director (Age 36)
- Mr. Charles W. R. Tasker, COO & Exec. Director (Age 54)
- Ms. Catherine Joy Lewis, Exec. VP of Technology & MD of Central Services Organisation (Age 43)
- Mr. Gert Pretorius, Exec. VP of Africa (Age 50)
Who are MiX Telematics' major shareholders?
MiX Telematics' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Disciplined Growth Investors Inc. MN (4.58%), Renaissance Technologies LLC (4.54%), Acadian Asset Management LLC (4.18%), RK Capital Management LLC (1.79%), Rice Hall James & Associates LLC (1.52%) and Quantum Capital Management (0.84%).
Which major investors are selling MiX Telematics stock?
MIXT stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Bank of New York Mellon Corp, Pinnacle Associates Ltd., Rice Hall James & Associates LLC, JPMorgan Chase & Co. and JPMorgan Chase & Co..
Which major investors are buying MiX Telematics stock?
MIXT stock was purchased by a variety of institutional investors in the last quarter, including RK Capital Management LLC, Disciplined Growth Investors Inc. MN, Quantum Capital Management, Mackenzie Financial Corp, Acadian Asset Management LLC, Dimensional Fund Advisors LP and Connor Clark & Lunn Investment Management Ltd..
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 $18.13.
How big of a company is MiX Telematics?
MiX Telematics has a market capitalization of $405.48 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 1,054 workers across the globe.
What is MiX Telematics' official website?
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.
