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. Shareholders of record on Friday, June 1st will be given a dividend of $0.0592 per share on Thursday, June 14th. The ex-dividend date is Thursday, May 31st. This is an increase from Mix Telematics's previous special dividend of $0.03. View Mix Telematics' Dividend History.

Mix Telematics declared that its Board of Directors has authorized a stock buyback plan on Sunday, June 4th 2017, which permits the company to repurchase $20,100,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 12.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.

Mix Telematics (NYSE:MIXT) posted its quarterly earnings data on Thursday, May, 10th. The technology company reported $0.20 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.11 by $0.09. The technology company earned $453.50 million during the quarter, compared to analyst estimates of $432.93 million. Mix Telematics had a net margin of 10.75% and a return on equity of 10.73%. Mix Telematics's revenue was up 15.9% compared to the same quarter last year. 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 EPS guidance of ZAR0.30-0.32 for the period, compared to the Thomson Reuters consensus EPS 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 analysts have issued 1 year target prices for Mix Telematics' shares. Their forecasts 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), Talend (TLND), Imperva (IMPV), MicroStrategy (MSTR), Instructure (INST), Hortonworks (HDP), Rapid7 (RPD), 3D Systems (DDD), Apptio (APTI), Everbridge (EVBG), SPS Commerce (SPSC), Endurance International Group (EIGI), SendGrid (SEND), LivePerson (LPSN) and Workiva (WK).

Media headlines about MIXT stock have been trending positive recently, according to Accern Sentiment. Accern rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Mix Telematics earned a media sentiment score of 0.30 on Accern's scale. They also assigned media coverage about the technology company an impact score of 44.00 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Mix Telematics' stock is owned by many different of retail and institutional investors. Top institutional shareholders 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 bought 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 $19.64.

Mix Telematics has a market capitalization of $445.51 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]