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NYSE:MIXT

MiX Telematics - MIXT Stock Forecast, Price & News

$8.06
+0.84 (+11.63%)
(As of 01/26/2023 04:30 PM ET)
Add
Compare
Today's Range
$7.32
$8.36
50-Day Range
$6.95
$8.05
52-Week Range
$6.75
$12.77
Volume
97,569 shs
Average Volume
41,733 shs
Market Capitalization
$195.75 million
P/E Ratio
47.41
Dividend Yield
2.35%
Price Target
$17.33

MiX Telematics MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
123.7% Upside
$17.33 Price Target
Short Interest
Healthy
0.12% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.33mentions of MiX Telematics in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$583,625 Sold Last Quarter
Proj. Earnings Growth
48.48%
From $0.33 to $0.49 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.82 out of 5 stars

Computer And Technology Sector

23rd out of 627 stocks

Prepackaged Software Industry

4th out of 216 stocks


MIXT stock logo

About MiX Telematics (NYSE:MIXT) Stock

MiX Telematics Ltd. engages in the provision of fleet and mobile asset management solutions. It focuses on the following industries: fast moving consumer goods, utilities, security, construction, transport and distribution, emergency services, government, rental and leasing, mining, oil and gas, and public transport. The company was founded by Stefan Joselowitz in 1996 and is headquartered in Boca Raton, FL.

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MIXT Stock News Headlines

Without Graphite, There Would Be ZERO EV Batteries!
Investors constantly hear that lithium is the key to powering the transition to green energy. Truth is, today's EV batteries contain more graphite in volume than any other essential ingredients.
MiX Telematics Limited's (JSE:MIX) P/E Is On The Mark
Raymond James Downgrades MiX Telematics (NYSE:MIXT) to Outperform
YIKES! 220 Pounds of Graphite in Each EV Battery?
Most don't know that today's EV batteries contain more graphite than any other essential ingredient... more than lithium, copper or aluminum! The megatrend of electrifying vehicles only adds to graphite demand, expected to skyrocket 1,050% by 2030. Investors have been frustrated in their search for a Made In America solution – until now.
MiX Telematics' (JSE:MIX) Returns Have Hit A Wall
MiX Telematics: Q2 Earnings Insights
MiX Telematics Offers A Solid Risk/Reward Ratio Here
See More Headlines
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MIXT Company Calendar

Last Earnings
5/26/2016
Today
1/26/2023
Next Earnings (Confirmed)
1/26/2023
Fiscal Year End
3/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Employees
1,083
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$17.33
High Stock Price Forecast
$22.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+115.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$8.95 million
Pretax Margin
7.87%

Debt

Sales & Book Value

Annual Sales
$143.29 million
Cash Flow
$1.27 per share
Book Value
$5.23 per share

Miscellaneous

Free Float
17,534,000
Market Cap
$195.75 million
Optionable
Not Optionable
Beta
0.83

Key Executives

  • Stefan Brian Joselowitz
    President, CEO & Executive Director
  • Charles William Rex Tasker
    Chief Operating Officer & Executive Director
  • Paul Dell
    Chief Financial Officer, Director & Executive VP
  • Catherine Lewis
    Executive Vice President-Technology
  • Gert Pretorius
    Executive Vice President-Africa













MIXT Stock - Frequently Asked Questions

Should I buy or sell MiX Telematics stock right now?

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. The consensus among Wall Street analysts is that investors should "buy" MIXT shares.
View MIXT analyst ratings
or view top-rated stocks.

What is MiX Telematics' stock price forecast for 2023?

2 Wall Street research analysts have issued twelve-month target prices for MiX Telematics' shares. Their MIXT share price forecasts range from $10.00 to $22.00. On average, they anticipate the company's stock price to reach $17.33 in the next year. This suggests a possible upside of 133.3% from the stock's current price.
View analysts price targets for MIXT
or view top-rated stocks among Wall Street analysts.

How have MIXT shares performed in 2023?

MiX Telematics' stock was trading at $7.03 on January 1st, 2023. Since then, MIXT stock has increased by 5.7% and is now trading at $7.43.
View the best growth stocks for 2023 here
.

Are investors shorting MiX Telematics?

MiX Telematics saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 25,500 shares, an increase of 62.4% from the December 31st total of 15,700 shares. Based on an average daily trading volume, of 36,100 shares, the short-interest ratio is presently 0.7 days. Approximately 0.1% of the shares of the company are short sold.
View MiX Telematics' Short Interest
.

When is MiX Telematics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 26th 2023.
View our MIXT earnings forecast
.

How were MiX Telematics' earnings last quarter?

MiX Telematics Limited (NYSE:MIXT) posted its earnings results on Thursday, May, 26th. The technology company reported $0.06 earnings per share for the quarter, beating 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 trailing twelve-month return on equity of 5.58% and a net margin of 2.52%.

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

MiX Telematics declared a quarterly dividend on Thursday, July 28th. Stockholders of record on Friday, August 19th will be paid a dividend of $0.06 per share on Thursday, September 1st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date is Thursday, August 18th. This is a boost from the stock's previous quarterly dividend of $0.05.
Read our dividend analysis for MIXT
.

Is MiX Telematics a good dividend stock?

MiX Telematics (NYSE:MIXT) pays an annual dividend of $0.17 per share and currently has a dividend yield of 2.35%. The dividend payout ratio is 100.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, MIXT will have a dividend payout ratio of 34.69% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MIXT.

What is Stefan Joselowitz's approval rating as MiX Telematics' CEO?

24 employees have rated MiX Telematics Chief Executive Officer Stefan Joselowitz on Glassdoor.com. Stefan Joselowitz has an approval rating of 89% among the company's employees.

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 (ET), Micron Technology (MU), AbbVie (ABBV), Netflix (NFLX), Cisco Systems (CSCO), Cypress Semiconductor (CY), SeaChange International (SEAC), Activision Blizzard (ATVI), Pfizer (PFE) and QUALCOMM (QCOM).

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 many different retail and institutional investors. Top institutional investors include Kopion Asset Management LLC (2.82%) and Pinnacle Associates Ltd. (0.51%). Insiders that own company stock include Catherine J Lewis, Charles W Tasker, Gert Pretorius, Ian Jacobs, John Granara, Paul M Dell, Robin A Frew and Stefan B Joselowitz.
View institutional ownership trends
.

How do I buy shares of MiX Telematics?

Shares of MIXT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is MiX Telematics' stock price today?

One share of MIXT stock can currently be purchased for approximately $7.43.

How much money does MiX Telematics make?

MiX Telematics (NYSE:MIXT) has a market capitalization of $180.44 million and generates $143.29 million in revenue each year. The technology company earns $8.95 million in net income (profit) each year or $0.17 on an earnings per share basis.

How many employees does MiX Telematics have?

The company employs 1,083 workers across the globe.

How can I contact MiX Telematics?

MiX Telematics' mailing address is 750 PARK OF COMMERCE BLVD. SUITE 100, BOCA RATON FL, 33487. The official website for the company is www.mixtelematics.co.za. The technology company can be reached via phone at (877) 585-1088, via email at ir@mixtelematics.com, or via fax at 27-11-654-8286.

This page (NYSE:MIXT) was last updated on 1/26/2023 by MarketBeat.com Staff