MiX Telematics Limited Company Profile (NYSE:MIXT)

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

MiX Telematics Limited declared a quarterly dividend on Tuesday, August 8th. Stockholders of record on Friday, August 25th will be paid a dividend of $0.036 per share on Thursday, September 7th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date of this dividend is Wednesday, August 23rd. This is a boost from MiX Telematics Limited's previous quarterly dividend of $0.01. View MiX Telematics Limited's Dividend History.

MiX Telematics Limited declared that its Board of Directors has authorized 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 usually an indication that the company's management believes its shares are undervalued.

MiX Telematics Limited (NYSE:MIXT) issued its quarterly earnings results on Thursday, August, 3rd. The company reported $0.10 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.10. The business earned $31.08 million during the quarter, compared to the consensus estimate of $31.22 million. MiX Telematics Limited had a net margin of 7.88% and a return on equity of 8.56%. View MiX Telematics Limited's Earnings History.

MiX Telematics Limited is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for MiX Telematics Limited.

3 equities research analysts have issued 12-month target prices for MiX Telematics Limited's shares. Their forecasts range from $12.00 to $12.00. On average, they expect MiX Telematics Limited's stock price to reach $12.00 in the next year. View Analyst Ratings for MiX Telematics Limited.

Some companies that are related to MiX Telematics Limited include Synchronoss Technologies (SNCR), Silicom Ltd (SILC), Model N (MODN), Upland Software (UPLD), Unisys Corporation (UIS), Bazaarvoice (BV), Actua Corporation (ACTA), ZAGG (ZAGG), A10 Networks (ATEN), Magic Software Enterprises (MGIC), MagnaChip Semiconductor Corporation (MX), Alpha and Omega Semiconductor Limited (AOSL), The KEYW Holding Corporation (KEYW), Park Electrochemical Corporation (PKE), Windstream Holdings (WIN), NVE Corporation (NVEC), Sonus Networks (SONS) and Internap Corporation (INAP).

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

MiX Telematics Limited's stock is owned by a variety of of institutional and retail investors. Top institutional investors 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.

MiX Telematics Limited's stock was sold by a variety of institutional investors in the last quarter, including Blair William & Co. IL, Manning & Napier Advisors LLC and Northern Trust Corp. View Insider Buying and Selling for MiX Telematics Limited.

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.

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.

One share of MiX Telematics Limited stock can currently be purchased for approximately $9.64.