NYSE:MIXT - MiX Telematics Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$18.37 -0.61 (-3.21 %)
(As of 02/20/2019 02:08 PM ET)
Previous Close$18.98
Today's Range$18.23 - $19.0272
52-Week Range$13.01 - $21.00
Volume72,238 shs
Average Volume98,183 shs
Market Capitalization$414.79 million
P/E Ratio31.67
Dividend Yield0.86%
Beta0.74
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.

Receive MIXT News and Ratings via Email

Sign-up to receive the latest news and ratings for MIXT and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone27-11-654-8000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$144.81 million
Cash Flow$1.2937 per share
Book Value$5.15 per share

Profitability

Net Income$13.98 million

Miscellaneous

Employees1,054
Market Cap$414.79 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 declared a quarterly dividend on Wednesday, February 13th. Stockholders of record on Friday, February 22nd will be paid a dividend of $0.0545 per share on Thursday, March 7th. This represents a $0.22 annualized dividend and a dividend yield of 1.19%. The ex-dividend date is Thursday, February 21st. This is an increase from MiX Telematics's previous quarterly dividend of $0.05. View MiX Telematics' Dividend History.

How will MiX Telematics' stock buyback program work?

MiX Telematics announced that its Board of Directors has authorized a stock repurchase plan on Sunday, June 4th 2017, which allows the company to buyback $20,100,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 12.9% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.

How were MiX Telematics' earnings last quarter?

MiX Telematics Ltd - (NYSE:MIXT) announced its quarterly earnings results on Thursday, January, 31st. The technology company reported $0.19 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.14 by $0.05. The technology company had revenue of $35.73 million for the quarter, compared to analysts' expectations of $34.69 million. MiX Telematics had a return on equity of 14.39% and a net margin of 10.01%. View MiX Telematics' Earnings History.

When is MiX Telematics' next earnings date?

MiX Telematics is scheduled to release their next quarterly earnings announcement on Thursday, May 9th 2019. View Earnings Estimates for MiX Telematics.

What guidance has MiX Telematics issued on next quarter's earnings?

MiX Telematics updated its FY19 earnings guidance on Thursday, January, 31st. The company provided earnings per share guidance of R 0.36-0.39 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.31. The company issued revenue guidance of R 1.951-1.969 billion, compared to the consensus revenue estimate of $1.95 billion.MiX Telematics also updated its FY 2019 guidance to $0.67-0.71 EPS.

What price target have analysts set for MIXT?

2 Wall Street analysts have issued 12-month price objectives for MiX Telematics' shares. Their forecasts range from $25.00 to $28.00. On average, they anticipate MiX Telematics' share price to reach $26.50 in the next twelve months. This suggests a possible upside of 44.9% 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 trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. MiX Telematics earned a news sentiment score of -1.1 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.

Who are some of MiX Telematics' key competitors?

Who are MiX Telematics' key executives?

MiX Telematics' management team includes the folowing people:
  • Mr. Stefan Brian Joselowitz, president, CEO & Exec. Director (Age 60)
  • Mr. Paul Dell, Interim Group CFO & Exec. Director (Age 37)
  • Mr. Charles W.R. Tasker, COO & Exec. Director (Age 55)
  • Ms. Catherine Joy Lewis, Exec. VP of Technology & MD of Central Services Organisation (Age 44)
  • Mr. Gert Pretorius, Exec. VP of Africa (Age 51)

Who are MiX Telematics' major shareholders?

MiX Telematics' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include RK Capital Management LLC (4.10%), Acadian Asset Management LLC (3.58%), GCA Investment Management LLC (1.40%), Millennium Management LLC (1.02%), Quantum Capital Management (0.91%) and Pinnacle Associates Ltd. (0.70%).

Which institutional investors are selling MiX Telematics stock?

MIXT stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Polar Capital LLP, Northern Trust Corp, Bank of New York Mellon Corp and O Shaughnessy Asset Management LLC.

Which institutional investors are buying MiX Telematics stock?

MIXT stock was bought by a variety of institutional investors in the last quarter, including RK Capital Management LLC, GCA Investment Management LLC, Millennium Management LLC, Boston Partners, BlackRock Inc., Pinnacle Associates Ltd., Advisors Asset Management Inc. and Jane Street Group LLC.

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 $18.29.

How big of a company is MiX Telematics?

MiX Telematics has a market capitalization of $412.99 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?

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

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)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  228 (Vote Outperform)
Underperform Votes:  162 (Vote Underperform)
Total Votes:  390
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.
This page was last updated on 2/20/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel