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

MiX Telematics' stock was trading at $9.50 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MIXT shares have decreased by 11.9% and is now trading at $8.37. View which stocks have been mosted impacted by Coronavirus.

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

MiX Telematics is scheduled to release its next quarterly earnings announcement on Tuesday, May 12th 2020. View our earnings forecast for MiX Telematics.

MiX Telematics Ltd - (NYSE:MIXT) posted its quarterly earnings results on Thursday, January, 30th. The technology company reported $0.17 EPS 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 analysts' expectations 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 declared a quarterly dividend on Wednesday, February 5th. Investors of record on Friday, February 21st will be paid a dividend of $0.0672 per share on Thursday, March 5th. This represents a $0.27 annualized dividend and a yield of 3.21%. The ex-dividend date of this dividend is Thursday, February 20th. View MiX Telematics' dividend history.

MiX Telematics updated its FY20 earnings guidance on Thursday, January, 30th. The company provided EPS guidance of ZAR0.39-0.41 for the period, compared to the Thomson Reuters consensus earnings per share 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.

2 brokerages have issued 1 year target prices for MiX Telematics' shares. Their forecasts range from $19.00 to $30.00. On average, they anticipate MiX Telematics' stock price to reach $24.50 in the next twelve months. This suggests a possible upside of 192.7% from the stock's current price. View analysts' price targets for MiX Telematics.

Media stories about MIXT stock have trended extremely negative recently, according to InfoTrie. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. MiX Telematics earned a media sentiment score of -4.0 on InfoTrie's scale. They also assigned press 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.

Some companies that are related to MiX Telematics include Talend (TLND), Upland Software (UPLD), Opera (OPRA), Changyou.Com (CYOU), QAD (QADB), American Software (AMSWA), Mobileiron (MOBL), Magic Software Enterprises (MGIC), Rosetta Stone (RST), Shotspotter (SSTI), Avid Technology (AVID), Cheetah Mobile (CMCM), Rand Worldwide (RWWI), Endurance International Group (EIGI) and Domo (DOMO).

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

MiX Telematics' stock is owned by a number of institutional and retail investors. Top institutional shareholders 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 purchased 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 $8.37.

MiX Telematics has a market capitalization of $188.99 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]