NYSE:MIXT

MiX Telematics Stock Forecast, Price & News

$10.41

-0.09 (-0.86 %)

(As of 11/27/2020 12:00 AM ET)

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Today's Range

$10.38

Now: $10.41▼

$10.50

50-Day Range

$7.92

MA: $8.97▼

$10.50

52-Week Range

$6.64

Now: $10.41▼

$14.92

Volume17,151 shs

Average Volume74,341 shs

Market Capitalization$250.27 million

P/E Ratio28.14

Dividend Yield1.81%

Beta0.98

MiX Telematics Limited provides fleet and mobile asset management solutions through software-as-a-service (Saas) 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 used to track hardware products and other assets. It also provides consumer solutions, including Matrix that provides vehicle tracking, telematics, and personal safety services; and Beame, a wireless device, which offers vehicle recovery services. In addition, the company provides value added services comprising driver communication, collision prevention and reduction, satellite communication, track and react bureau, driver performance management, driving monitoring, field services management, driver engagement, fuel management and security solutions, and driver identification solutions, as well as voice kits and keypads, and in-vehicle cameras. It delivers fleet and mobile asset management solutions as SaaS to 818,487 subscribers in South Africa, the Americas, the Middle East, Australia, Europe, and Brazil. The company was founded in 1996 and is based in Boca Raton, Florida.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
MiX Telematics has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $17.50, MiX Telematics has a forecasted upside of 68.1% from its current price of $10.41.
Amount of Analyst Coverage
MiX Telematics has only been the subject of 1 research reports in the past 90 days.

2.7 Community Rank

Outperform Votes
MiX Telematics has received 309 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
MiX Telematics has received 254 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
MiX Telematics has received 54.88% “outperform” votes from our community.

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.

2.5 Dividend Strength

Dividend Yield
MiX Telematics pays a meaningful dividend of 1.81%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
MiX Telematics has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of MiX Telematics is 27.54%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, MiX Telematics will have a dividend payout ratio of 54.29% next year. This indicates that MiX Telematics will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MiX Telematics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $291,727.00 in company stock.
Percentage Held by Insiders
Only 21.40% of the stock of MiX Telematics is held by insiders.
Percentage Held by Institutions
35.19% of the stock of MiX Telematics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for MiX Telematics are expected to grow by 45.83% in the coming year, from $0.24 to $0.35 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MiX Telematics is 28.14, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.84.
Price to Earnings Ratio vs. Sector
The P/E ratio of MiX Telematics is 28.14, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 77.87.
Price to Book Value per Share Ratio
MiX Telematics has a P/B Ratio of 2.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.37 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Prepackaged software

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNYSE:MIXT

Previous Symbol

CUSIPN/A

CIK1576914

Webwww.mixtelematics.co.za

Phone877-585-1088

Employees1,103

Debt

Debt-to-Equity RatioN/A

Current Ratio1.96

Quick Ratio1.83

Price-To-Earnings

Trailing P/E Ratio28.14

Forward P/E Ratio43.38

P/E GrowthN/A

Sales & Book Value

Annual Sales$145.65 million

Price / Sales1.72

Cash Flow$2.10 per share

Price / Cash Flow4.96

Book Value$4.12 per share

Price / Book2.53

Profitability

EPS (Most Recent Fiscal Year)$0.69

Net Income$10.99 million

Net Margins6.39%

Return on Equity10.92%

Return on Assets7.53%

Miscellaneous

Outstanding Shares24,041,000

Market Cap$250.27 million

Next Earnings Date2/4/2021 (Estimated)

OptionableNot Optionable

$10.41

-0.09 (-0.86 %)

(As of 11/27/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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MiX Telematics (NYSE:MIXT) Frequently Asked Questions

How has MiX Telematics' stock been impacted by Coronavirus (COVID-19)?

MiX Telematics' stock was trading at $9.50 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MIXT stock has increased by 9.6% and is now trading at $10.41.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of MiX Telematics?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MiX Telematics in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for MiX Telematics.

What stocks does MarketBeat like better than MiX Telematics?

Wall Street analysts have given MiX Telematics 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 MiX Telematics wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is MiX Telematics' next earnings date?

MiX Telematics is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for MiX Telematics.

How were MiX Telematics' earnings last quarter?

MiX Telematics Limited (NYSE:MIXT) posted its quarterly earnings results on Thursday, May, 26th. The technology company reported $0.06 EPS for the quarter, topping the Zacks' consensus estimate of $0.02 by $0.04. The technology company had revenue of $25.90 million for the quarter, compared to analysts' expectations of $23.98 million. MiX Telematics had a net margin of 6.39% and a return on equity of 10.92%.
View MiX Telematics' earnings history.

How often does MiX Telematics pay dividends? What is the dividend yield for MiX Telematics?

MiX Telematics announced a dividend on Thursday, October 29th. Stockholders of record on Friday, November 20th will be paid a dividend of $0.046 per share on Tuesday, December 8th. The ex-dividend date is Thursday, November 19th.
View MiX Telematics' dividend history.

What price target have analysts set for MIXT?

3 Wall Street analysts have issued twelve-month price objectives for MiX Telematics' shares. Their forecasts range from $16.00 to $19.00. On average, they expect MiX Telematics' stock price to reach $17.50 in the next year. This suggests a possible upside of 68.1% from the stock's current price.
View analysts' price targets for MiX Telematics.

Who are some of MiX Telematics' key competitors?

Some companies that are related to MiX Telematics include Secureworks (SCWX), MobileIron (MOBL), PDF Solutions (PDFS), Magic Software Enterprises (MGIC), QAD (QADB), NCC Group (NCCGF), Avid Technology (AVID), American Software (AMSWA), Grid Dynamics (GDYN), Benefitfocus (BNFT), ChannelAdvisor (ECOM), Rand Worldwide (RWWI), iClick Interactive Asia Group (ICLK), WiMi Hologram Cloud (WIMI) and ShotSpotter (SSTI).
View all competitors.

What other stocks do shareholders of MiX Telematics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MiX Telematics investors own include Energy Transfer (ET), Micron Technology (MU), AbbVie (ABBV), Netflix (NFLX), Cisco Systems (CSCO), Cypress Semiconductor (CY), SeaChange International (SEAC), Activision Blizzard (ATVI), Pfizer (PFE) and QUALCOMM (QCOM).

Who are MiX Telematics' key executives?

MiX Telematics' management team includes the following people:

Mr. Stefan Brian Joselowitz, Pres, CEO & Exec. Director (Age 61)
Mr. John R. Granara III, CFO, Exec. VP & Director (Age 51)
Mr. Charles W. R. Tasker, COO & Exec. Director (Age 56)
Mr. Paul M. Dell, Chief Accounting Officer & CFO of Americas (Age 38)
Ms. Catherine Joy Lewis, Exec. VP of Technology & MD of Central Services Organisation (Age 45)
Mr. Gert Pretorius, Exec. VP of Africa & MD of MiX Africa (Age 52)
Ms. Jennifer de Vos BCom LLB, Group Legal Counsel
Mr. Jonathan Bates, Exec. VP of Marketing
Mr. Luiz Munhoz, Managing Director of Mix Brazil
Mr. Christoff Smit, Chief Operating Officer - North America

What is MiX Telematics' stock symbol?

MiX Telematics trades on the New York Stock Exchange (NYSE) under the ticker symbol "MIXT."

Who are MiX Telematics' major shareholders?

MiX Telematics' stock is owned by a number of retail and institutional investors. Top institutional investors include Acadian Asset Management LLC (3.26%), Kopion Asset Management LLC (1.67%), Acuitas Investments LLC (1.25%), Acuitas Investments LLC (1.25%), Pinnacle Associates Ltd. (0.74%) and Arrowstreet Capital Limited Partnership (0.58%). Company insiders that own MiX Telematics stock include Catherine J Lewis and Gert Pretorius.
View institutional ownership trends for MiX Telematics.

Which institutional investors are selling MiX Telematics stock?

MIXT stock was sold by a variety of institutional investors in the last quarter, including Pinnacle Associates Ltd., Acadian Asset Management LLC, Raymond James & Associates, Acuitas Investments LLC, Acuitas Investments LLC, and Sei Investments Co.. Company insiders that have sold MiX Telematics company stock in the last year include Catherine J Lewis, and Gert Pretorius.
View insider buying and selling activity for MiX Telematics.

Which institutional investors are buying MiX Telematics stock?

MIXT stock was purchased by a variety of institutional investors in the last quarter, including Kopion Asset Management LLC, Arrowstreet Capital Limited Partnership, Penn Mutual Asset Management LLC, Seizert Capital Partners LLC, and State Street Corp.
View insider buying and selling activity for MiX Telematics.

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, Robinhood, Fidelity, and Charles Schwab.

What is MiX Telematics' stock price today?

One share of MIXT stock can currently be purchased for approximately $10.41.

How big of a company is MiX Telematics?

MiX Telematics has a market capitalization of $250.27 million and generates $145.65 million in revenue each year. The technology company earns $10.99 million in net income (profit) each year or $0.69 on an earnings per share basis. MiX Telematics employs 1,103 workers across the globe.

What is MiX Telematics' official website?

The official website for MiX Telematics is www.mixtelematics.co.za.

How can I contact MiX Telematics?

MiX Telematics' mailing address is 750 PARK OF COMMERCE BLVD. SUITE 100, BOCA RATON FL, 33487. The technology company can be reached via phone at 877-585-1088 or via email at [email protected]

This page was last updated on 11/28/2020 by MarketBeat.com Staff

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