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

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$18.19 -0.18 (-0.98 %)
(As of 03/19/2019 01:57 AM ET)
Previous Close$18.37
Today's Range$18.0750 - $18.71
52-Week Range$13.01 - $21.00
Volume30,533 shs
Average Volume86,179 shs
Market Capitalization$410.68 million
P/E Ratio31.36
Dividend Yield0.87%
Beta0.76
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.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone27-11-654-8000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$144.81 million
Cash Flow$1.2947 per share
Book Value$5.19 per share

Profitability

Net Income$13.98 million

Miscellaneous

Employees1,054
Market Cap$410.68 million
Next Earnings Date5/9/2019 (Estimated)
OptionableNot Optionable

MiX Telematics (NYSE:MIXT) Frequently Asked Questions

What is MiX Telematics' stock symbol?

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

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

MiX Telematics announced a quarterly dividend on Wednesday, February 13th. Shareholders of record on Friday, February 22nd will be paid a dividend of $0.0545 per share on Thursday, March 7th. This represents a $0.22 annualized dividend and a yield of 1.20%. The ex-dividend date is Thursday, February 21st. This is an increase from MiX Telematics's previous quarterly dividend of $0.05. View MiX Telematics' Dividend History.

How will MiX Telematics' stock buyback program work?

MiX Telematics announced that its board has approved a stock repurchase plan on Sunday, June 4th 2017, which allows the company to repurchase $20,100,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 12.9% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its shares are undervalued.

How were MiX Telematics' earnings last quarter?

MiX Telematics Ltd - (NYSE:MIXT) announced its earnings results on Thursday, January, 31st. The technology company reported $0.19 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.14 by $0.05. The technology company had revenue of $35.73 million for the quarter, compared to analyst estimates of $34.69 million. MiX Telematics had a return on equity of 14.39% and a net margin of 10.01%. View MiX Telematics' Earnings History.

When is MiX Telematics' next earnings date?

MiX Telematics is scheduled to release their next quarterly earnings announcement on Thursday, May 9th 2019. View Earnings Estimates for MiX Telematics.

What guidance has MiX Telematics issued on next quarter's earnings?

MiX Telematics updated its FY19 earnings guidance on Thursday, January, 31st. The company provided EPS guidance of R 0.36-0.39 for the period, compared to the Thomson Reuters consensus estimate of $0.31. The company issued revenue guidance of R 1.951-1.969 billion, compared to the consensus revenue estimate of $1.95 billion.MiX Telematics also updated its FY 2019 guidance to $0.67-0.71 EPS.

What price target have analysts set for MIXT?

2 brokerages have issued 1-year price targets for MiX Telematics' stock. Their forecasts range from $25.00 to $28.00. On average, they anticipate MiX Telematics' stock price to reach $26.50 in the next year. This suggests a possible upside of 45.7% from the stock's current price. View Analyst Price Targets for MiX Telematics.

What is the consensus analysts' recommendation for MiX Telematics?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MiX Telematics in the last year. There are currently 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Strong Buy." View Analyst Ratings for MiX Telematics.

Has MiX Telematics been receiving favorable news coverage?

News headlines about MIXT stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded 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 1.4 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Who are some of MiX Telematics' key competitors?

What other stocks do shareholders of MiX Telematics own?

Who are MiX Telematics' key executives?

MiX Telematics' management team includes the folowing 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)

Who are MiX Telematics' major shareholders?

MiX Telematics' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include RK Capital Management LLC (4.10%), Acadian Asset Management LLC (3.58%), GCA Investment Management LLC (1.40%), Millennium Management LLC (1.02%), Quantum Capital Management (0.91%) and Pinnacle Associates Ltd. (0.70%).

Which institutional investors are selling MiX Telematics stock?

MIXT stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Polar Capital LLP, Northern Trust Corp, Bank of New York Mellon Corp and O Shaughnessy Asset Management LLC.

Which institutional investors are buying MiX Telematics stock?

MIXT stock was purchased by a variety of institutional investors in the last quarter, including RK Capital Management LLC, GCA Investment Management LLC, Millennium Management LLC, Boston Partners, BlackRock Inc., Norges Bank, Pinnacle Associates Ltd. and Advisors Asset Management Inc..

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, Scottrade, Fidelity and Charles Schwab.

What is MiX Telematics' stock price today?

One share of MIXT stock can currently be purchased for approximately $18.19.

How big of a company is MiX Telematics?

MiX Telematics has a market capitalization of $410.68 million and generates $144.81 million in revenue each year. The technology company earns $13.98 million in net income (profit) each year or $0.58 on an earnings per share basis. MiX Telematics employs 1,054 workers across the globe.

What is MiX Telematics' official website?

The official website for MiX Telematics is http://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]


MarketBeat Community Rating for MiX Telematics (NYSE MIXT)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  234 (Vote Outperform)
Underperform Votes:  168 (Vote Underperform)
Total Votes:  402
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.
This page was last updated on 3/19/2019 by MarketBeat.com Staff

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