NYSE:MIXT - Mix Telematics Stock Price, Price Target & More

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

Mix Telematics announced a special dividend on Wednesday, May 23rd. Stockholders of record on Friday, June 1st will be given a dividend of $0.0592 per share on Thursday, June 14th. The ex-dividend date of this dividend is Thursday, May 31st. This is a positive change from Mix Telematics's previous special dividend of $0.03. View Mix Telematics' Dividend History.

Mix Telematics announced that its Board of Directors has authorized a share buyback program on Sunday, June 4th 2017, which permits the company to repurchase $20,100,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 12.9% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board of directors believes its shares are undervalued.

Mix Telematics (NYSE:MIXT) posted its quarterly earnings results on Thursday, May, 10th. The technology company reported $0.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.11 by $0.09. The technology company had revenue of $453.50 million for the quarter, compared to analysts' expectations of $432.93 million. Mix Telematics had a return on equity of 10.73% and a net margin of 10.75%. The firm's revenue was up 15.9% on a year-over-year basis. View Mix Telematics' Earnings History.

Mix Telematics is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Mix Telematics.

Mix Telematics issued an update on its FY19 earnings guidance on Thursday, May, 10th. The company provided earnings per share guidance of ZAR0.30-0.32 for the period, compared to the Thomson Reuters consensus estimate of $0.29. The company issued revenue guidance of ZAR1.83-1.86 billion, compared to the consensus revenue estimate of $1.81 billion.

1 brokers have issued 1-year price objectives for Mix Telematics' stock. Their predictions range from $20.00 to $20.00. On average, they expect Mix Telematics' stock price to reach $20.00 in the next twelve months. View Analyst Ratings for Mix Telematics.

Some companies that are related to Mix Telematics include Progress Software (PRGS), Imperva (IMPV), Talend (TLND), MicroStrategy (MSTR), Instructure (INST), 3D Systems (DDD), Rapid7 (RPD), Hortonworks (HDP), Apptio (APTI), Endurance International Group (EIGI), Everbridge (EVBG), SPS Commerce (SPSC), SendGrid (SEND), LivePerson (LPSN) and Benefitfocus (BNFT).

Media stories about MIXT stock have been trending somewhat positive on Wednesday, Accern reports. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Mix Telematics earned a news impact score of 0.12 on Accern's scale. They also assigned news headlines about the technology company an impact score of 45.86 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Mix Telematics' stock is owned by many different of retail and institutional investors. Top institutional investors include Disciplined Growth Investors Inc. MN (3.61%), Summit Trail Advisors LLC (1.15%), Boston Partners (1.07%), Russell Investments Group Ltd. (0.95%), Quantum Capital Management (0.55%) and JPMorgan Chase & Co. (0.49%). View Institutional Ownership Trends for Mix Telematics.

MIXT stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Boston Partners, Granite Investment Partners LLC and Disciplined Growth Investors Inc. MN. View Insider Buying and Selling for Mix Telematics.

MIXT stock was acquired by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, JPMorgan Chase & Co., Barometer Capital Management Inc., Navellier & Associates Inc, Quantum Capital Management, Millennium Management LLC, Cavalier Investments LLC and O Shaughnessy Asset Management LLC. View Insider Buying and Selling for 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.

One share of MIXT stock can currently be purchased for approximately $19.58.

Mix Telematics has a market capitalization of $433.14 million and generates $144.81 million in revenue each year. The technology company earns $15.31 million in net income (profit) each year or $0.58 on an earnings per share basis. Mix Telematics employs 1,056 workers across the globe.

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]