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NYSE:MIXT

MiX Telematics (MIXT) Stock Price, News & Analysis

$14.55
0.00 (0.00%)
(As of 03/27/2024 ET)
Today's Range
$14.55
$14.55
50-Day Range
$8.48
$14.64
52-Week Range
$4.75
$14.85
Volume
N/A
Average Volume
218,048 shs
Market Capitalization
$353.71 million
P/E Ratio
58.20
Dividend Yield
1.31%
Price Target
$12.00

MiX Telematics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
17.5% Downside
$12.00 Price Target
Short Interest
Healthy
0.04% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
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.

3.29 out of 5 stars

Computer And Technology Sector

254th out of 587 stocks

Prepackaged Software Industry

86th out of 198 stocks

MIXT stock logo

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

MIXT Stock News Headlines

MiX Telematics (NYSE:MIXT) Coverage Initiated at StockNews.com
AI to Meet the Same Fate as EVs?
When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11…
MIXT Apr 2024 12.500 put
MiX Telematics Ltd. ADR
Transport for Greater Manchester Chooses MiX Telematics
AI to Meet the Same Fate as EVs?
When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11…
William Blair Keeps Their Buy Rating on MiX Telematics (MIXT)
MiX Telematics reports Q3 results
Here's what Wall Street expects from Mix Telematics's earnings
See More Headlines
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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
3/28/2024
Fiscal Year End
3/31/2024
Next Earnings (Estimated)
5/23/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
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

Net Income
$4.52 million
Pretax Margin
8.26%

Debt

Sales & Book Value

Annual Sales
$144.99 million
Cash Flow
$1.14 per share
Book Value
$4.47 per share

Miscellaneous

Free Float
21,298,000
Market Cap
$353.71 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

MIXT Stock Analysis - Frequently Asked Questions

Should I buy or sell MiX Telematics stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MiX Telematics in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street 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 1 year price objectives for MiX Telematics' stock. Their MIXT share price targets range from $12.00 to $12.00. On average, they anticipate the company's stock 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 at the start of the year. Since then, MIXT stock has increased by 69.0% and is now trading at $14.55.
View the best growth stocks for 2024 here
.

Are investors shorting MiX Telematics?

MiX Telematics saw a decrease in short interest in February. As of February 15th, there was short interest totaling 14,700 shares, a decrease of 67.4% from the January 31st total of 45,100 shares. Based on an average daily volume of 82,700 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company's shares are sold short.
View MiX Telematics' Short Interest
.

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) announced its quarterly earnings results on Thursday, February, 1st. The technology company reported $0.11 earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by $0.01. The technology company earned $39.09 million during the quarter, compared to the consensus estimate of $37.02 million. MiX Telematics had a trailing twelve-month return on equity of 8.45% and a net margin of 3.72%.

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

MiX Telematics declared 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 dividend yield of 1.66%. The ex-dividend date 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 $0.19 per share and currently has a dividend yield of 1.28%. The dividend payout ratio is 76.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, MIXT will have a dividend payout ratio of 31.67% 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).

Who are MiX Telematics' major shareholders?

MiX Telematics' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Kopion Asset Management LLC (4.22%), Cannell Capital LLC (3.69%), Harber Asset Management LLC (2.89%), Penn Mutual Asset Management LLC (1.98%), Meros Investment Management LP (1.86%) and Hsbc Holdings PLC (0.84%). Insiders that own company stock include Catherine J Lewis, Charles W Tasker, Gert Pretorius, Ian Jacobs, John Granara, Paul M Dell, Robin A Frew and Stefan B Joselowitz.
View institutional ownership trends
.

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 3/28/2024 by MarketBeat.com Staff

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