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S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
NYSE:MIXT

MiX Telematics (MIXT) Stock Forecast, Price & News

$10.42
+0.36 (+3.58%)
(As of 05/27/2022 04:00 PM ET)
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Today's Range
$10.19
$10.67
50-Day Range
$9.43
$12.74
52-Week Range
$9.40
$16.79
Volume
13,344 shs
Average Volume
28,490 shs
Market Capitalization
$252.24 million
P/E Ratio
28.16
Dividend Yield
1.89%
Beta
0.85
30 days | 90 days | 365 days | Advanced Chart
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MiX Telematics logo

About MiX Telematics

MiX Telematics Limited provides fleet and mobile asset management solutions through software-as-a-service (Saas) delivery model. The company offers MiX Fleet Manager, a web-based application, which provides commercial fleet management solution that gives user live and historical views of driver and vehicle performance information, including vehicle tracking and status information, as well as alerts and notifications; MiX Asset Manager, a portfolio of asset tracking products comprising generators, light towers, storage tanks, and pumps; and Matrix, a mobile asset management solutions that offers real-time and historical vehicle tracking and positioning, unauthorized vehicle use alerts, panic emergency response, crash alerts, driver behavior alerts, fuel tax logbooks, and vehicle maintenance notifications for entry-level fleets and consumers. It also provides Beam-e, a crowdsourcing platform to locate vehicles without the expense of utilizing a traditional cellular network connection, and entry-level tracking and recovery services; MiX Now, a system that helps companies monitor and manage the behavior and performance of their vehicles and drivers. It delivers fleet and mobile asset management solutions as SaaS to 744,677 subscribers in South Africa, the Americas, the Middle East, Australia, Europe, and Brazil. The company was founded in 1996 and is headquartered in Boca Raton, Florida.

Headlines

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Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Employees
1,078
Year Founded
N/A

Sales & Book Value

Annual Sales
$126.89 million
Cash Flow
$1.37 per share
Book Value
$5.09 per share

Profitability

Net Income
$14.60 million
Pretax Margin
11.18%

Debt

Price-To-Earnings

Miscellaneous

Free Float
18,543,000
Market Cap
$252.24 million
Optionable
Not Optionable

Company Calendar

Last Earnings
5/26/2016
Ex-Dividend for 3/3 Dividend
2/24/2022
Dividend Payable
3/03/2022
Today
5/29/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
3/31/2023

MarketRank

Overall MarketRank

2.75 out of 5 stars

Computer And Technology Sector

25th out of 931 stocks

Prepackaged Software Industry

5th out of 298 stocks

Analyst Opinion: 2.0Community Rank: 4.7Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 1.3 5 -4 -3 -2 -1 -













MiX Telematics (NYSE:MIXT) Frequently Asked Questions

Is MiX Telematics a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MiX Telematics in the last year. There are currently 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" MiX Telematics stock.
View analyst ratings for MiX Telematics
or view top-rated stocks.

Are investors shorting MiX Telematics?

MiX Telematics saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 12,400 shares, a decline of 15.1% from the April 15th total of 14,600 shares. Based on an average trading volume of 34,900 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company's stock are short sold.
View MiX Telematics' Short Interest
.

When is MiX Telematics' next earnings date?

MiX Telematics is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for MiX Telematics
.

How were MiX Telematics' earnings last quarter?

MiX Telematics Limited (NYSE:MIXT) posted its quarterly earnings data on Thursday, May, 26th. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.04. The technology company had revenue of $25.90 million for the quarter, compared to analyst estimates of $23.98 million. MiX Telematics had a trailing twelve-month return on equity of 8.27% and a net margin of 5.83%.
View MiX Telematics' earnings history
.

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

MiX Telematics announced a quarterly dividend on Thursday, February 10th. Stockholders of record on Friday, February 25th will be paid a dividend of $0.05 per share on Thursday, March 3rd. This represents a $0.20 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date of this dividend is Thursday, February 24th.
View MiX Telematics' dividend history
.

Is MiX Telematics a good dividend stock?

MiX Telematics pays an annual dividend of $0.19 per share and currently has a dividend yield of 1.89%. The dividend payout ratio of MiX Telematics is 51.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MiX Telematics will have a dividend payout ratio of 47.50% next year. This indicates that MiX Telematics will be able to sustain or increase its dividend.
View MiX Telematics' dividend history.

What price target have analysts set for MIXT?

1 Wall Street analysts have issued 1 year price targets for MiX Telematics' stock. Their forecasts range from $16.00 to $22.00. On average, they anticipate MiX Telematics' stock price to reach $20.00 in the next twelve months. This suggests a possible upside of 91.9% from the stock's current price.
View analysts' price targets for MiX Telematics
or view top-rated stocks among Wall Street analysts.

Who are MiX Telematics' key executives?
MiX Telematics' management team includes the following people:
  • Mr. Stefan Brian Joselowitz, Pres, CEO & Exec. Director (Age 63, Pay $639.32k)
  • Mr. John R. Granara III, CFO, Exec. VP & Director (Age 53, Pay $418.47k)
  • Mr. Charles W. R. Tasker, COO & Exec. Director (Age 58, Pay $504.13k)
  • Mr. Paul M. Dell, Chief Accounting Officer & CFO of Americas (Age 40, Pay $256.98k)
  • Ms. Catherine Joy Lewis, Exec. VP of Technology & MD of Central Services Organisation (Age 47, Pay $224.49k)
  • Mr. Gert Pretorius, Exec. VP of Africa & MD of MiX Africa (Age 54, Pay $285.51k)
  • Ms. Jennifer de Vos BCom LLB, Group Legal Counsel
  • Mr. Jonathan Bates, Exec. VP of Marketing (Age 39)
  • Mr. Luiz Munhoz, Managing Director of Mix Brazil
  • Mr. Christoff Smit, Chief Operating Officer - North America
What is Stefan Joselowitz's approval rating as MiX Telematics' CEO?

24 employees have rated MiX Telematics CEO Stefan Joselowitz on Glassdoor.com. Stefan Joselowitz has an approval rating of 89% among MiX Telematics' 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 a variety of retail and institutional investors. Top institutional shareholders include Disciplined Growth Investors Inc. MN (9.97%), Edenbrook Capital LLC (5.00%), Wellington Management Group LLP (4.80%), Kopion Asset Management LLC (2.29%), Renaissance Technologies LLC (2.23%) and Harber Asset Management LLC (1.58%). Company insiders that own MiX Telematics stock include Catherine J Lewis, Gert Pretorius, Ian Jacobs and Paul M Dell.
View institutional ownership trends for MiX Telematics
.

Which institutional investors are selling MiX Telematics stock?

MIXT stock was sold by a variety of institutional investors in the last quarter, including Edenbrook Capital LLC, Acadian Asset Management LLC, Rice Hall James & Associates LLC, Renaissance Technologies LLC, Wellington Management Group LLP, Seizert Capital Partners LLC, Russell Investments Group Ltd., and Kopion Asset Management LLC. Company insiders that have sold MiX Telematics company stock in the last year include Catherine J Lewis, and Paul M Dell.
View insider buying and selling activity for MiX Telematics
or view top insider-selling stocks.

Which institutional investors are buying MiX Telematics stock?

MIXT stock was bought by a variety of institutional investors in the last quarter, including Harber Asset Management LLC, Disciplined Growth Investors Inc. MN, Meros Investment Management LP, Envestnet Asset Management Inc., Pinnacle Associates Ltd., Invesco Ltd., Dimensional Fund Advisors LP, and Royal Bank of Canada.
View insider buying and selling activity for MiX Telematics
or or view top insider-buying stocks.

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 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 $10.42.

How much money does MiX Telematics make?

MiX Telematics has a market capitalization of $252.24 million and generates $126.89 million in revenue each year. The technology company earns $14.60 million in net income (profit) each year or $0.37 on an earnings per share basis.

How many employees does MiX Telematics have?

MiX Telematics employs 1,078 workers across the globe.

What is MiX Telematics' official website?

The official website for MiX Telematics is www.mixtelematics.co.za.

How can I contact MiX Telematics?

MiX Telematics' mailing address is 750 PARK OF COMMERCE BLVD. SUITE 100, BOCA RATON FL, 33487. The technology company can be reached via phone at (877) 585-1088, via email at [email protected], or via fax at 27-11-654-8286.

This page was last updated on 5/29/2022 by MarketBeat.com Staff

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