MiX Telematics Limited is a South Africa-based provider of fleet and mobile asset management solutions delivered as Software-as-a-Service (SaaS) to customers. The Company's operating segments include Africa, Europe, Americas, Middle East and Australasia, Brazil and Central Services Organization. The Company's products and services provide enterprise fleets, small fleets and consumers with solutions for safety, risk management and security. The Company's solutions include MiX Fleet Manager, which consists of an on-board computer, an online tracking and information portal, as well as access to fleet and driver reports and analytics; MiX SafeDrive provides In-Vehicle Monitoring Systems (IVMS) that monitor driver performance, identify unsafe behaviors and provide audible alerts; Matrix is focused on personal safety and consumer telematics through vehicle tracking-and-recovery products and services, and Beam-e, which is a wireless device that fits into vehicles, motorbikes or caravan.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: System Software
- Sub-Industry: N/A
- Symbol: NYSE:MIXT
- CUSIP: N/A
- Web: www.mixtelematics.co.za
Capitalization:- Market Cap: $203.29 million
- Outstanding Shares: 22,339,000
Average Prices:- 50 Day Moving Avg: $9.16
- 200 Day Moving Avg: $7.51
- 52 Week Range: $5.59 - $9.79
P/E:- Trailing P/E Ratio: 23.25
- Foreward P/E Ratio: 19.38
- P/E Growth: 195.18
Sales & Book Value:- Annual Revenue: $119.64 million
- Price / Sales: 1.74
- Book Value: $4.93 per share
- Price / Book: 1.89
Dividend:- Annual Dividend: $0.12
- Dividend Yield: 1.3%
Profitability:- EBIDTA: $22.65 million
- Net Margins: 7.88%
- Return on Equity: 8.56%
- Return on Assets: 6.51%
Debt:- Current Ratio: 1.87%
- Quick Ratio: 1.75%
Misc:- Average Volume: 76,680 shs.
- Beta: 0.81
- Short Ratio: 1.78
Frequently Asked Questions for MiX Telematics Limited (NYSE:MIXT)
What is MiX Telematics Limited's stock symbol?
MiX Telematics Limited trades on the New York Stock Exchange (NYSE) under the ticker symbol "MIXT."
How often does MiX Telematics Limited pay dividends? What is the dividend yield for MiX Telematics Limited?
MiX Telematics Limited declared a quarterly dividend on Tuesday, August 8th. Stockholders of record on Friday, August 25th will be given a dividend of $0.036 per share on Thursday, September 7th. This represents a $0.14 annualized dividend and a dividend yield of 1.55%. The ex-dividend date is Wednesday, August 23rd. This is a positive change from MiX Telematics Limited's previous quarterly dividend of $0.01. View MiX Telematics Limited's Dividend History.
How will MiX Telematics Limited's stock buyback program work?
MiX Telematics Limited declared that its Board of Directors has initiated a share repurchase program on Sunday, June 4th 2017, which permits the company to buyback $20,100,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 12.9% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's management believes its shares are undervalued.
How were MiX Telematics Limited's earnings last quarter?
MiX Telematics Limited (NYSE:MIXT) released its earnings results on Thursday, August, 3rd. The company reported $0.10 EPS for the quarter, hitting the consensus estimate of $0.10. The business earned $31.08 million during the quarter, compared to analysts' expectations of $31.22 million. MiX Telematics Limited had a return on equity of 8.56% and a net margin of 7.88%. View MiX Telematics Limited's Earnings History.
When will MiX Telematics Limited make its next earnings announcement?
Where is MiX Telematics Limited's stock going? Where will MiX Telematics Limited's stock price be in 2017?
3 brokerages have issued 1-year target prices for MiX Telematics Limited's shares. Their forecasts range from $12.00 to $12.00. On average, they anticipate MiX Telematics Limited's stock price to reach $12.00 in the next twelve months. View Analyst Ratings for MiX Telematics Limited.
Who are some of MiX Telematics Limited's key competitors?
Some companies that are related to MiX Telematics Limited include Limelight Networks (LLNW), Actua Corporation (ACTA), Model N (MODN), MagnaChip Semiconductor Corporation (MX), Magic Software Enterprises (MGIC), Windstream Holdings (WIN), Alpha and Omega Semiconductor Limited (AOSL), Park Electrochemical Corporation (PKE), NVE Corporation (NVEC), Sonus Networks (SONS), NQ Mobile (NQ), GRIDSUM HOLDING (GSUM), MobileIron (MOBL), Internap Corporation (INAP), AXT (AXTI), Gilat Satellite Networks (GILT), Mitek Systems (MITK) and RigNet (RNET).
Who are MiX Telematics Limited's key executives?
MiX Telematics Limited's management team includes the folowing people:
- Robin A. Frew, Chairman of the Board
- Stefan B. Joselowitz, Chief Executive Officer, Executive Director
- Paul Dell, Interim Chief Financial Officer, Director
- Charles Tasker, Group Chief Operating Officer, Executive Director
- Brendan Horan, Executive Vice President, Managing Director MiX Africa
- Catherine Lewis, Executive Vice President of Technology
- Gert Pretorius, Executive Vice President - Information Systems
- Stephen Richard Bruyns, Lead Independent Non-executive Director
- Enos Banda, Independent Non-Executive Director
- Christopher Haig Ewing, Independent Non-Executive Director
Who owns MiX Telematics Limited stock?
MiX Telematics Limited's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Formula Growth Ltd. (2.51%), Acadian Asset Management LLC (2.16%), Rice Hall James & Associates LLC (1.83%), Manning & Napier Advisors LLC (1.55%), Manatuck Hill Partners LLC (1.15%) and Ameriprise Financial Inc. (0.83%). View Institutional Ownership Trends for MiX Telematics Limited.
Who sold MiX Telematics Limited stock? Who is selling MiX Telematics Limited stock?
Who bought MiX Telematics Limited stock? Who is buying MiX Telematics Limited stock?
MiX Telematics Limited's stock was purchased by a variety of institutional investors in the last quarter, including Pinnacle Associates Ltd., Manatuck Hill Partners LLC, Acadian Asset Management LLC, Rice Hall James & Associates LLC, GCA Investment Management LLC, Boston Partners, Royce & Associates LP and Russell Investments Group Ltd.. View Insider Buying and Selling for MiX Telematics Limited.
How do I buy MiX Telematics Limited stock?
Shares of MiX Telematics Limited can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is MiX Telematics Limited's stock price today?
One share of MiX Telematics Limited stock can currently be purchased for approximately $9.30.
MarketBeat Community Rating for MiX Telematics Limited (NYSE MIXT)MarketBeat's community ratings are surveys of what our community members think about MiX Telematics Limited and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for MiX Telematics Limited (NYSE:MIXT) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.33) |
| Consensus Price Target: | $12.00 (29.03% upside) |
Analysts' Ratings History for MiX Telematics Limited (NYSE:MIXT)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/3/2017 | Canaccord Genuity | Reiterated Rating | Buy | $12.00 | Low |  |
| 1/12/2017 | CIBC | Reiterated Rating | Outperform -> Market Perform | | N/A | |
| 1/12/2017 | Oppenheimer Holdings, Inc. | Reiterated Rating | Outperform -> Market Perform | | N/A | |
| 5/26/2016 | First Analysis | Upgrade | Equal Weight -> Overweight | $7.00 | N/A | |
(Data available from 9/20/2015 forward)
Earnings History for MiX Telematics Limited (NYSE:MIXT)Earnings History by Quarter for MiX Telematics Limited (NYSE MIXT)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/2/2017 | | | | | | | | |
| 8/3/2017 | 6/30/2017 | $0.10 | $0.10 | $31.22 million | $31.08 million | View | Listen | |
| 5/25/2017 | 3/31/2017 | $0.04 | $0.10 | $27.81 million | $29.18 million | View | N/A | |
| 2/2/2017 | Q317 | $0.07 | $0.12 | $372.07 million | $29.20 million | View | Listen | |
| 11/3/2016 | Q217 | $0.03 | $0.07 | $25.33 million | $26.56 million | View | N/A | |
| 5/26/2016 | Q416 | $0.02 | $0.06 | $23.98 million | $25.90 million | View | Listen | |
| 2/4/2016 | Q316 | $0.08 | $0.03 | $24.83 million | $19.00 million | View | N/A | |
| 11/5/2015 | Q216 | $0.07 | $0.04 | $26.59 million | $25.50 million | View | N/A | |
| 8/6/2015 | Q1 | $0.07 | $0.06 | $29.10 million | $28.01 million | View | N/A | |
| 5/28/2015 | Q415 | $0.08 | $0.10 | $27.32 million | $30.40 million | View | Listen | |
| 2/12/2015 | Q315 | $0.05 | $0.05 | $28.15 million | $30.40 million | View | N/A | |
| 11/6/2014 | Q2 | $0.09 | $0.07 | $329.64 million | $351.00 million | View | N/A | |
| 8/7/2014 | Q1 | $0.07 | $0.05 | $329.54 million | $319.20 million | View | N/A | |
| 6/5/2014 | Q414 | $0.09 | $0.15 | $34.66 million | $348.40 million | View | N/A | |
| 2/6/2014 | Q314 | $0.09 | $0.06 | $30.94 million | $309.80 million | View | N/A | |
| 11/7/2013 | Q314 | $0.08 | $0.10 | $30.35 million | $315.00 million | View | N/A | |
| 9/10/2013 | Q114 | ($0.36) | $0.10 | $295.62 million | $298.40 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for MiX Telematics Limited (NYSE:MIXT)| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.04 | $0.05 | $0.05 |
(Data provided by Zacks Investment Research)
Current Dividend Information for MiX Telematics Limited (NYSE:MIXT)| Most Recent Dividend: | 9/7/2017 |
| Annual Dividend: | $0.12 |
| Dividend Yield: | 1.29% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 30.77% (Trailing 12 Months of Earnings)
30.77% (Based on This Year's Estimates)
25.00% (Based on Next Year's Estimates)
|
Dividend History by Quarter for MiX Telematics Limited (NYSE MIXT)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/8/2017 | quarterly | $0.04 | 2.19% | 8/23/2017 | 8/25/2017 | 9/7/2017 |
| 5/25/2017 | | $0.01 | | 6/12/2017 | 6/15/2017 | 6/19/2017 |
| 5/26/2017 | special | $0.03 | | 6/13/2017 | 6/15/2017 | 6/29/2017 |
| 2/2/2017 | | $0.01 | | 2/22/2017 | 2/24/2017 | 2/27/2017 |
| 2/6/2017 | quarterly | $0.04 | 1.87% | 2/22/2017 | 2/24/2017 | 3/9/2017 |
| 11/3/2016 | | $0.01 | | 11/22/2016 | 11/25/2016 | 11/28/2016 |
| 11/4/2016 | quarterly | $0.03 | 2.34% | 11/22/2016 | 11/25/2016 | 12/8/2016 |
| 8/9/2016 | | $0.03 | | 8/24/2016 | 8/26/2016 | 9/8/2016 |
| 6/20/2016 | | $0.03 | | 6/23/2016 | 6/27/2016 | 6/27/2016 |
| 5/26/2016 | | $0.01 | | 6/10/2016 | 6/17/2016 | 6/20/2016 |
| 2/9/2016 | | $0.02 | | 2/24/2016 | 2/26/2016 | 3/10/2016 |
| 11/5/2015 | | $0.01 | | 11/23/2015 | 11/27/2015 | 11/30/2015 |
(Data available from 1/1/2013 forward)
Insider Trading History for MiX Telematics Limited (NYSE:MIXT)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for MiX Telematics Limited (NYSE:MIXT)
Latest Headlines for MiX Telematics Limited (NYSE:MIXT)
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MiX Telematics Limited (MIXT) Chart for Wednesday, September, 20, 2017
