Should I buy or sell MiX Telematics stock right now?

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

What is MiX Telematics' stock price target for 2024?

1 Wall Street analysts have issued twelve-month target prices for MiX Telematics' stock. Their MIXT share price targets range from $12.00 to $12.00. On average, they expect the company's share price to reach $12.00 in the next year. This suggests that the stock has a possible downside of 17.5%. View analysts price targets for MIXT or view top-rated stocks among Wall Street analysts .

How have MIXT shares performed in 2024?

MiX Telematics' stock was trading at $8.61 on January 1st, 2024. Since then, MIXT shares have increased by 69.0% and is now trading at $14.55. View the best growth stocks for 2024 here .

When is MiX Telematics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024. View our MIXT earnings forecast .

How were MiX Telematics' earnings last quarter?

MiX Telematics Limited (NYSE:MIXT) posted its earnings results on Thursday, February, 1st. The technology company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.12 by $0.01. The technology company had revenue of $39.09 million for the quarter, compared to analyst estimates of $37.02 million. MiX Telematics had a net margin of 3.72% and a trailing twelve-month return on equity of 8.45%.

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

MiX Telematics announced a quarterly dividend on Friday, February 2nd. Stockholders of record on Friday, February 23rd will be paid a dividend of $0.0603 per share on Thursday, March 7th. This represents a $0.24 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date of this dividend is Thursday, February 22nd. Read our dividend analysis for MIXT .

Is MiX Telematics a good dividend stock?

MiX Telematics (NYSE:MIXT) pays an annual dividend of $0.18 per share and currently has a dividend yield of 1.28%. The dividend payout ratio is 72.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MIXT will have a dividend payout ratio of 30.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MIXT .

What is Stefan Joselowitz's approval rating as MiX Telematics' CEO?

24 employees have rated MiX Telematics Chief Executive Officer Stefan Joselowitz on Glassdoor.com . Stefan Joselowitz has an approval rating of 89% among the company's 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) .

How do I buy shares of MiX Telematics?

Shares of MIXT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:MIXT

MiX Telematics (MIXT) Stock Price, News & Analysis

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$14.55

0.00 (0.00%)

(As of 04/15/2024 ET)

Compare

Today's Range: $14.55
▼
$14.55
50-Day Range: $8.91
▼
$14.64
52-Week Range: $4.75
▼
$14.85

Volume: N/A
Average Volume: 133,090 shs
Market Capitalization: $353.75 million

P/E Ratio: 58.20
Dividend Yield: 1.24%
Price Target: $12.00

Get MiX Telematics alerts:

MiX Telematics MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 17.5% Downside
$12.00 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.29
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 50.00%
From $0.40 to $0.60 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.17 out of 5 stars

Computer And Technology Sector

402nd out of 589 stocks

Prepackaged Software Industry

143rd out of 200 stocks

1.5

Analyst's Opinion

Consensus Rating
MiX Telematics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
MiX Telematics has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for MIXT.

2.5

Dividend Strength

Dividend Yield
MiX Telematics pays a meaningful dividend of 1.28%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
MiX Telematics does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of MiX Telematics is 72.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, MiX Telematics will have a dividend payout ratio of 30.00% next year. This indicates that MiX Telematics will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MIXT.

1.8

News and Social Media Coverage

News Sentiment
MiX Telematics has a news sentiment score of 0.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for MiX Telematics this week, compared to 1 article on an average week.
Search Interest
Only 3 people have searched for MIXT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added MiX Telematics to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MiX Telematics insiders have not sold or bought any company stock.
Percentage Held by Insiders
12.40% of the stock of MiX Telematics is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
45.72% of the stock of MiX Telematics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for MiX Telematics are expected to grow by 50.00% in the coming year, from $0.40 to $0.60 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MiX Telematics is 58.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of MiX Telematics is 58.20, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 237.75.
Price to Book Value per Share Ratio
MiX Telematics has a P/B Ratio of 3.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About MiX Telematics Stock (NYSE:MIXT)

MiX Telematics Limited, together with its subsidiaries, provides fleet and mobile asset management solutions through software-as-a-service (SaaS) delivery model. It offers MiX Fleet Manager, a commercial fleet management solution comprising MyMiX, an innovative driver engagement platform; MiX Vision, an on-road and in-vehicle video recording solution; MiX Rovi, an in-vehicle display and communications system; MiX RIBAS and DriveMate, an in-cab driving aid solution; MiX Hours of Service, which allows real-time monitoring and compliance; MiX Journey Management, an easy-to-use electronic alternative to paper-based systems; and MiX OEM Connect allows customer instant, direct integration to relevant, and powerful telematics data. The company provides MiX Asset Manager, asset tracking products including generators, light towers, storage tanks and pumps, and asset management solution for visibility of corporate assets; and Matrix, a suite of mobile asset management solutions for entry-level fleets and consumers, which 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. In addition, it offers Beam-e, a crowdsourcing platform to locate vehicles without the expense of utilizing a traditional cellular network connection. The company delivers fleet and mobile asset management solutions as SaaS to 1,001,800 subscribers in South Africa, the Americas, the Middle East, Australia, Europe, and Brazil. MiX Telematics Limited was founded in 1996 and is headquartered in Boca Raton, Florida.

MIXT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MIXT Stock News Headlines

April 10, 2024 | americanbankingnews.com

MiX Telematics (NYSE:MIXT) Now Covered by Analysts at StockNews.com

April 9, 2024 | finance.yahoo.com

Telematics Market Is Prime for a Pull-Ahead Leader

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March 18, 2024 | msn.com

Mix Up review: This tale of love, lust and heartbreak leaves you wanting more

March 16, 2024 | finance.yahoo.com

MIXT Apr 2024 12.500 put

March 11, 2024 | msn.com

15 Cake Mix Recipes That take a Box Mix to the Next Level

February 15, 2024 | wsj.com

MiX Telematics Ltd. ADR

February 8, 2024 | finance.yahoo.com

Transport for Greater Manchester Chooses MiX Telematics

April 16, 2024 | Paradigm Press (Ad)

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

February 2, 2024 | msn.com

The Fastest Growing Trends in Car Insurance for 2024

February 2, 2024 | markets.businessinsider.com

William Blair Keeps Their Buy Rating on MiX Telematics (MIXT)

February 2, 2024 | msn.com

MiX Telematics Q3 Fiscal 2024 Results and Dividend Declaration

February 2, 2024 | finance.yahoo.com

MiX Telematics Limited (NYSE:MIXT) Q3 2024 Earnings Call Transcript

February 1, 2024 | finance.yahoo.com

MiX Telematics Reports Growth in Revenue and Subscriber Base in Q3 FY2024

February 1, 2024 | msn.com

MiX Telematics reports Q3 results

February 1, 2024 | businesswire.com

MiX Telematics Reports Third Quarter Fiscal Year 2024 U.S. GAAP Financial Results

January 31, 2024 | msn.com

MiX Telematics Issues Update on PowerFleet Transaction

January 31, 2024 | msn.com

MiX Telematics Acquisition by PowerFleet Announced

January 31, 2024 | markets.businessinsider.com

Here's what Wall Street expects from Mix Telematics's earnings

January 30, 2024 | finance.yahoo.com

Powerfleet and MiX Telematics Announce Shareholders Meetings to Vote on Proposed Business Combination

January 18, 2024 | finance.yahoo.com

MiX Telematics Sets Third Quarter Fiscal Year 2024 Conference Call for February 1, 2024, at 8:00 a.m. ET and 3:00 p.m. SAST

December 14, 2023 | benzinga.com

Addressing Performance Concerns: MiX Telematics Manages Decreased Earnings and Adjusts Dividends

November 10, 2023 | finance.yahoo.com

MiX Telematics Limited (NYSE:MIXT) Q2 2024 Earnings Call Transcript

November 9, 2023 | finance.yahoo.com

PowerFleet Inc (PWFL) Reports Q3 2023 Earnings: SaaS Revenue and AEBITDA Surge Amidst Strategic ...

November 8, 2023 | finance.yahoo.com

MiX Telematics Reports Second Quarter Fiscal Year 2024 U.S. GAAP Financial Results

October 26, 2023 | finance.yahoo.com

MiX Telematics Sets Second Quarter Fiscal Year 2024 Conference Call for November 8, 2023, at 8:00 a.m. ET and 3:00 p.m. SAST

October 17, 2023 | finance.yahoo.com

MiX Telematics Limited (MIXT) Soars 6.4%: Is Further Upside Left in the Stock?

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Company Calendar

Last Earnings: 2/01/2024
Ex-Dividend for 3/7 Dividend: 2/22/2024
Dividend Payable: 3/07/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/23/2024
Fiscal Year End: 3/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NYSE:MIXT
CUSIP: N/A
CIK: 1576914
Web: www.mixtelematics.co.za
Phone: (877) 585-1088
Fax: 27-11-654-8286
Employees: 1,124
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $12.00
High Stock Price Target: $12.00
Low Stock Price Target: $12.00
Potential Upside/Downside: -17.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.25
Trailing P/E Ratio: 58.20
Forward P/E Ratio: 36.38
P/E Growth: N/A
Net Income: $4.52 million
Net Margins: 3.72%
Pretax Margin: 8.26%
Return on Equity: 8.45%
Return on Assets: 5.11%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.22
Quick Ratio: 1.13

Sales & Book Value

Annual Sales: $150.06 million
Price / Sales: 2.36
Cash Flow: $1.14 per share
Price / Cash Flow: 12.72
Book Value: $4.47 per share
Price / Book: 3.26

Miscellaneous

Outstanding Shares: 24,313,000
Free Float: 21,298,000
Market Cap: $353.75 million
Optionable: Optionable
Beta: 1.15

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Key Executives

Mr. Stefan Brian Joselowitz (Age 65)
President, CEO & Executive Director
Comp: $787.11k
Mr. Paul M. Dell (Age 42)
Executive VP, CFO & Executive Director
Comp: $418.36k
Mr. Charles W. R. Tasker (Age 60)
COO & Executive Director
Comp: $600.5k
Ms. Catherine Joy Lewis (Age 49)
Executive VP of Technology & MD of Central Services Organisation
Comp: $261.7k
Mr. Gert Pretorius (Age 56)
Executive VP of Africa & MD of MiX Africa
Comp: $368.64k
Mr. Jonathan Bates (Age 41)
Executive Vice President of Marketing
Mr. Steve Blackhart
Executive Vice President of Corporate Development
Ms. Cheryl Cochrane
Vice President of Human Resources
Mr. Luiz Munhoz
Managing Director Mix Latam
Mr. Brodie Von Berg
Managing Director - Mix MEA

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MIXT Stock Analysis - Frequently Asked Questions

Should I buy or sell MiX Telematics stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MiX Telematics in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MIXT shares.
View MIXT analyst ratings or view top-rated stocks.
What is MiX Telematics' stock price target for 2024?: 1 Wall Street analysts have issued twelve-month target prices for MiX Telematics' stock. Their MIXT share price targets range from $12.00 to $12.00. On average, they expect the company's share price to reach $12.00 in the next year. This suggests that the stock has a possible downside of 17.5%.
View analysts price targets for MIXT or view top-rated stocks among Wall Street analysts.
How have MIXT shares performed in 2024?: MiX Telematics' stock was trading at $8.61 on January 1st, 2024. Since then, MIXT shares have increased by 69.0% and is now trading at $14.55.
View the best growth stocks for 2024 here.
When is MiX Telematics' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our MIXT earnings forecast.
How were MiX Telematics' earnings last quarter?: MiX Telematics Limited (NYSE:MIXT) posted its earnings results on Thursday, February, 1st. The technology company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.12 by $0.01. The technology company had revenue of $39.09 million for the quarter, compared to analyst estimates of $37.02 million. MiX Telematics had a net margin of 3.72% and a trailing twelve-month return on equity of 8.45%.
How often does MiX Telematics pay dividends? What is the dividend yield for MiX Telematics?: MiX Telematics announced a quarterly dividend on Friday, February 2nd. Stockholders of record on Friday, February 23rd will be paid a dividend of $0.0603 per share on Thursday, March 7th. This represents a $0.24 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date of this dividend is Thursday, February 22nd.
Read our dividend analysis for MIXT.

Is MiX Telematics a good dividend stock?: MiX Telematics (NYSE:MIXT) pays an annual dividend of $0.18 per share and currently has a dividend yield of 1.28%. The dividend payout ratio is 72.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MIXT will have a dividend payout ratio of 30.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MIXT.
What is Stefan Joselowitz's approval rating as MiX Telematics' CEO?: 24 employees have rated MiX Telematics Chief Executive Officer Stefan Joselowitz on Glassdoor.com. Stefan Joselowitz has an approval rating of 89% among the company's 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).
How do I buy shares of MiX Telematics?: Shares of MIXT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MIXT) was last updated on 4/16/2024 by MarketBeat.com Staff

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MiX Telematics (MIXT) Stock Price, News & Analysis

MiX Telematics MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About MiX Telematics Stock (NYSE:MIXT)

MIXT Stock Price History

MIXT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

MIXT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™