NYSE:MIXTMiX Telematics Stock Price, Forecast & News

$8.81

+0.26 (+3.04 %)

(As of 06/1/2020 04:00 PM ET)

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Today's Range

$8.54

Now: $8.81▼

$8.84

50-Day Range

$7.92

MA: $8.76▼

$9.55

52-Week Range

$6.64

Now: $8.81▼

$16.44

Volume172,666 shs

Average Volume98,245 shs

Market Capitalization$198.93 million

P/E Ratio20.02

Dividend Yield2.34%

Beta1.01

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.

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 $18.50, MiX Telematics has a potential upside of 110.0% from its current price of $8.81.
Amount of Analyst Coverage
MiX Telematics has only been the subject of 3 research reports in the past 90 days.

2.8 Community Rank

Outperform Votes
MiX Telematics has received 306 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
MiX Telematics has received 250 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
MiX Telematics has received 55.04% “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.

3.3 Dividend Strength

Dividend Leadership
MiX Telematics is a leading dividend payer. It pays a dividend yield of 2.34%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
MiX Telematics has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of MiX Telematics is 28.99 %. 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 26.67 % next year. This indicates that MiX Telematics will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MiX Telematics insiders have not sold or bought any company stock.
Percentage Held by Institutions
35.86% 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 19.05% in the coming year, from $0.63 to $0.75 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MiX Telematics is 20.02, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of MiX Telematics is 20.02, 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 40.46.
Price to Earnings Growth Ratio
MiX Telematics has a PEG Ratio of 0.54. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
MiX Telematics has a P/B Ratio of 1.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.59 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

Phone27-11-654-8000

Debt

Debt-to-Equity Ratio0.06

Current Ratio1.58

Quick Ratio1.46

Price-To-Earnings

Trailing P/E Ratio20.02

Forward P/E Ratio13.98

P/E Growth0.54

Sales & Book Value

Annual Sales$145.65 million

Price / Sales1.37

Cash Flow$1.73 per share

Price / Cash Flow5.08

Book Value$5.66 per share

Price / Book1.56

Profitability

EPS (Most Recent Fiscal Year)$0.69

Net Income$10.99 million

Net Margins7.00%

Return on Equity12.82%

Return on Assets9.00%

Miscellaneous

Employees1,078

Outstanding Shares22,580,000

Market Cap$198.93 million

Next Earnings Date8/6/2020 (Estimated)

OptionableNot Optionable

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MiX Telematics (NYSE:MIXT) Frequently Asked Questions

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

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. Since then, MIXT shares have decreased by 7.3% and is now trading at $8.81. View which stocks have been most impacted by Coronavirus.

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.

When is MiX Telematics' next earnings date?

MiX Telematics is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for MiX Telematics.

How were MiX Telematics' earnings last quarter?

MiX Telematics Ltd - (NYSE:MIXT) issued its quarterly earnings results on Thursday, May, 26th. The technology company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.04. The technology company earned $25.90 million during the quarter, compared to analysts' expectations of $23.98 million. MiX Telematics had a return on equity of 12.82% and a net margin of 7.00%. View MiX Telematics' earnings history.

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

MiX Telematics announced a quarterly dividend on Wednesday, February 5th. Stockholders of record on Friday, February 21st will be given a dividend of $0.0672 per share on Thursday, March 5th. This represents a $0.27 annualized dividend and a yield of 3.05%. The ex-dividend date of this dividend is Thursday, February 20th. View MiX Telematics' dividend history.

What price target have analysts set for MIXT?

3 equities research analysts have issued 12 month price targets for MiX Telematics' stock. Their forecasts range from $18.00 to $19.00. On average, they expect MiX Telematics' share price to reach $18.50 in the next twelve months. This suggests a possible upside of 110.0% from the stock's current price. View analysts' price targets for MiX Telematics.

Has MiX Telematics been receiving favorable news coverage?

Media coverage about MIXT stock has trended extremely positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. MiX Telematics earned a media sentiment score of 5.0 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutMiX Telematics.

Who are some of MiX Telematics' key competitors?

Some companies that are related to MiX Telematics include Cango (CANG), Domo (DOMO), Opera (OPRA), QAD (QADB), American Software (AMSWA), Changyou.Com (CYOU), Mobileiron (MOBL), Endurance International Group (EIGI), Magic Software Enterprises (MGIC), Rosetta Stone (RST), Benefitfocus (BNFT), ChannelAdvisor (ECOM), Cheetah Mobile (CMCM), Rand Worldwide (RWWI) and eGain (EGAN). 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 LP Unit (ET), Micron Technology (MU), Netflix (NFLX), AbbVie (ABBV), Cypress Semiconductor (CY), AT&T (T), Activision Blizzard (ATVI), CBL & Associates Properties (CBL), Cisco Systems (CSCO) and Centurylink (CTL).

Who are MiX Telematics' key executives?

MiX Telematics' management team includes the following 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)

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 variety of retail and institutional investors. Top institutional investors include Disciplined Growth Investors Inc. MN (6.93%), Wellington Management Group LLP (4.51%), Acadian Asset Management LLC (3.62%), Bandera Partners LLC (2.38%), Russell Investments Group Ltd. (1.07%) and Rice Hall James & Associates LLC (0.99%).

Which institutional investors are selling MiX Telematics stock?

MIXT stock was sold by a variety of institutional investors in the last quarter, including Rice Hall James & Associates LLC, Rice Hall James & Associates LLC, Bank of New York Mellon Corp, Pinnacle Associates Ltd., JPMorgan Chase & Co., and Seizert Capital Partners LLC.

Which institutional investors are buying MiX Telematics stock?

MIXT stock was bought by a variety of institutional investors in the last quarter, including Disciplined Growth Investors Inc. MN, Bandera Partners LLC, Wellington Management Group LLP, Morgan Stanley, Raymond James & Associates, Fondren Management LP, Acadian Asset Management LLC, and State Street Corp.

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 $8.81.

How big of a company is MiX Telematics?

MiX Telematics has a market capitalization of $198.93 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 1,078 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 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]

This page was last updated on 6/1/2020 by MarketBeat.com Staff