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

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

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 dividend yield of 1.96%. The ex-dividend date is Thursday, February 20th. View MiX Telematics' Dividend History.

MiX Telematics Ltd - (NYSE:MIXT) released its earnings results on Thursday, January, 30th. The technology company reported $0.17 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.18 by $0.01. The technology company earned $38.20 million during the quarter, compared to the consensus estimate of $35.29 million. MiX Telematics had a net margin of 12.38% and a return on equity of 14.87%. View MiX Telematics' Earnings History.

MiX Telematics is scheduled to release their next quarterly earnings announcement on Tuesday, May 12th 2020. View Earnings Estimates for MiX Telematics.

MiX Telematics updated its FY20 earnings guidance on Thursday, January, 30th. The company provided earnings per share (EPS) guidance of ZAR0.39-0.41 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.42. The company issued revenue guidance of ZAR2.10-2.12 billion, compared to the consensus revenue estimate of $2.13 billion.

1 brokerages have issued 1 year price targets for MiX Telematics' shares. Their forecasts range from $30.00 to $30.00. On average, they expect MiX Telematics' share price to reach $30.00 in the next year. This suggests a possible upside of 118.8% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for MiX Telematics.

Media coverage about MIXT stock has trended extremely negative on Thursday, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. MiX Telematics earned a news sentiment score of -4.3 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for MiX Telematics.

Some companies that are related to MiX Telematics include Cango (CANG), Talend (TLND), Upland Software (UPLD), QAD (QADA), Materialise (MTLS), Opera (OPRA), NCC Group (NCCGF), QAD (QADB), Endurance International Group (EIGI), Domo (DOMO), Changyou.Com (CYOU), Benefitfocus (BNFT), Magic Software Enterprises (MGIC), American Software (AMSWA) and Mobileiron (MOBL).

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), Cypress Semiconductor (CY), Netflix (NFLX), AbbVie (ABBV), Cisco Systems (CSCO), AT&T (T), Activision Blizzard (ATVI), Frontier Communications (FTR) and SeaChange International (SEAC).

MiX Telematics' stock is owned by a number of of retail and institutional investors. Top institutional investors include Acadian Asset Management LLC (3.51%), Renaissance Technologies LLC (3.30%), Rice Hall James & Associates LLC (2.14%), Russell Investments Group Ltd. (1.02%), Pinnacle Associates Ltd. (1.02%) and Roumell Asset Management LLC (0.67%).

MIXT stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Russell Investments Group Ltd., Boston Partners, Marshall Wace North America L.P., Bank of New York Mellon Corp, Advisors Asset Management Inc., Rice Hall James & Associates LLC and Oxford Asset Management LLP.

MIXT stock was bought by a variety of institutional investors in the last quarter, including Roumell Asset Management LLC, Geode Capital Management LLC, Pinnacle Associates Ltd., Manatuck Hill Partners LLC, Renaissance Technologies LLC, Formula Growth Ltd., Seizert Capital Partners LLC and Marshall Wace LLP.

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.

One share of MIXT stock can currently be purchased for approximately $13.71.

MiX Telematics has a market capitalization of $309.57 million and generates $136.46 million in revenue each year. The technology company earns $14.75 million in net income (profit) each year or $0.75 on an earnings per share basis. MiX Telematics employs 1,078 workers across the globe.View Additional Information About MiX Telematics.

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

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]