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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:PWFL

PowerFleet (PWFL) Stock Price, News & Analysis

$5.34
+0.40 (+8.10%)
(As of 03/28/2024 ET)
Today's Range
$4.90
$5.49
50-Day Range
$2.90
$4.94
52-Week Range
$1.64
$5.49
Volume
1.74 million shs
Average Volume
472,411 shs
Market Capitalization
$198.70 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.17

PowerFleet MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
52.9% Upside
$8.17 Price Target
Short Interest
Bearish
18.52% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.46
Upright™ Environmental Score
News Sentiment
0.67mentions of PowerFleet in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

3.46 out of 5 stars

Transportation Sector

56th out of 114 stocks

Communications Equipment, Not Elsewhere Classified Industry

5th out of 11 stocks

PWFL stock logo

About PowerFleet Stock (NASDAQ:PWFL)

PowerFleet, Inc. provides wireless Internet-of-Things (IoT) asset management solutions in the United States, Israel, and internationally. The company offers real-time intelligence for organizations to capture IoT data from various types of assets with devices and sensors to increase efficiencies, and improve safety and security, as well as increase their profitability in easy-to-understand reports, dashboards, and real-time alerts; and application programming interfaces for additional integrations and development to boost other enterprise management systems and third-party applications. It also provides hosting, maintenance, and support and consulting services; and Software as a Service, including system monitoring, help desk technical support, escalation procedure development, routine diagnostic data analysis, and software updates services. The company offers its products under the PowerFleet, Pointer, and Cellocator brands. It sells its products to commercial and government sectors in manufacturing, automotive manufacturing, wholesale and retail, food and grocery distribution, pharmaceutical and medical distribution, construction, mining, utilities, heavy industry, homeland security, aerospace and defense, and vehicle rental, logistics, shipping, and freight transportation markets, as well as through indirect sales channels, such as original equipment manufacturers, vehicle importers, distributors, and industrial equipment dealers. The company was formerly known as I.D. Systems, Inc. PowerFleet, Inc. was incorporated in 1993 and is headquartered in Woodcliff Lake, New Jersey.

PWFL Stock Price History

PWFL Stock News Headlines

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Beyond The Numbers: 4 Analysts Discuss PowerFleet Stock
Q4 2023 PowerFleet Inc Earnings Call
Here's what Wall Street expects from PowerFleet's earnings report
PowerFleet, Inc. (PWFL)
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Chuck Royce Increases Stake in PowerFleet Inc
See More Headlines
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Company Calendar

Last Earnings
11/04/2021
Today
3/28/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Communications equipment, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:PWFL
Employees
795
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.17
High Stock Price Target
$10.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+53.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$-5,150,000.00
Pretax Margin
-2.00%

Debt

Sales & Book Value

Annual Sales
$133.59 million
Cash Flow
$0.04 per share
Book Value
$2.29 per share

Miscellaneous

Free Float
35,813,000
Market Cap
$198.33 million
Optionable
Optionable
Beta
1.64
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Key Executives

  • Mr. Steve Towe (Age 52)
    CEO & Director
    Comp: $874.36k
  • Mr. James Zeitunian (Age 57)
    Chief Technology Officer
    Comp: $297.23k
  • Mr. David Wilson (Age 56)
    CFO & Corporate Secretary
  • Mr. Offer Lehmann (Age 52)
    Chief Operating Officer
  • Ms. Andrea Hayton
    Chief Marketing Officer
  • Ms. Lindsay Estelle
    Director of Human Resources
  • Mr. Ned Mavrommatis (Age 53)
    Consultant
    Comp: $494.04k
  • Mr. Roger Tenney
    Senior Vice President of Client Services
  • Ms. Melissa Ingram
    Chief Transformation Officer
  • Joaquin Fong
    Global Controller

PWFL Stock Analysis - Frequently Asked Questions

Should I buy or sell PowerFleet stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PowerFleet in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PWFL shares.
View PWFL analyst ratings
or view top-rated stocks.

What is PowerFleet's stock price target for 2024?

6 brokerages have issued twelve-month price objectives for PowerFleet's shares. Their PWFL share price targets range from $7.00 to $10.00. On average, they predict the company's stock price to reach $8.17 in the next year. This suggests a possible upside of 52.9% from the stock's current price.
View analysts price targets for PWFL
or view top-rated stocks among Wall Street analysts.

How have PWFL shares performed in 2024?

PowerFleet's stock was trading at $3.42 at the beginning of the year. Since then, PWFL shares have increased by 56.1% and is now trading at $5.34.
View the best growth stocks for 2024 here
.

Are investors shorting PowerFleet?

PowerFleet saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 6,160,000 shares, an increase of 24.7% from the February 29th total of 4,940,000 shares. Based on an average trading volume of 419,200 shares, the days-to-cover ratio is presently 14.7 days. Currently, 18.5% of the company's shares are short sold.
View PowerFleet's Short Interest
.

When is PowerFleet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our PWFL earnings forecast
.

How were PowerFleet's earnings last quarter?

PowerFleet, Inc. (NASDAQ:PWFL) announced its earnings results on Thursday, November, 4th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.05) by $0.08. The business earned $29.25 million during the quarter, compared to analyst estimates of $33.25 million. PowerFleet had a negative net margin of 3.86% and a negative trailing twelve-month return on equity of 6.08%. During the same quarter last year, the firm posted ($0.06) EPS.

What other stocks do shareholders of PowerFleet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PowerFleet investors own include Enerplus (ERF), Matinas BioPharma (MTNB), Novan (NOVN), ADMA Biologics (ADMA), Bionano Genomics (BNGO), DHT (DHT), Gran Tierra Energy (GTE), Organigram (OGI), EnLink Midstream (ENLC) and Golar LNG Partners (GMLP).

Who are PowerFleet's major shareholders?

PowerFleet's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (1.04%), Bard Associates Inc. (0.91%), Perritt Capital Management Inc. (0.82%), Equitable Trust Co. (0.73%), Millrace Asset Group Inc. (0.59%) and Potomac Capital Management Inc. (0.39%). Insiders that own company stock include Charles Frumberg, Chris Adams Wolfe, Michael Brodsky, Michael J Casey and Steven Mark Towe.
View institutional ownership trends
.

How do I buy shares of PowerFleet?

Shares of PWFL 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 (NASDAQ:PWFL) was last updated on 3/28/2024 by MarketBeat.com Staff

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