In the latest session, PowerFleet Inc (NASDAQ: PWFL) closed at $4.74 up 3.72% from its previous closing price of $4.57. In other words, the price has increased by $+0.1700 from its previous closing price. On the day, 720270 shares were traded.
Ratios:
For a deeper understanding of PowerFleet Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.04.
On April 02, 2024, Raymond James started tracking the stock assigning a Outperform rating and target price of $7.
On March 18, 2024, Northland Capital started tracking the stock assigning a Outperform rating and target price of $7.Northland Capital initiated its Outperform rating on March 18, 2024, with a $7 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PWFL now has a Market Capitalization of 175.84M and an Enterprise Value of 244.17M. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.83 while its Price-to-Book (P/B) ratio in mrq is 2.20. Its current Enterprise Value per Revenue stands at 1.85 whereas that against EBITDA is 34.52.
Stock Price History:
Over the past 52 weeks, PWFL has reached a high of $5.67, while it has fallen to a 52-week low of $1.64. The 50-Day Moving Average of the stock is 3.5776, while the 200-Day Moving Average is calculated to be 2.7339.
Shares Statistics:
For the past three months, PWFL has traded an average of 559.90K shares per day and 1.79M over the past ten days. A total of 107.92M shares are outstanding, with a floating share count of 83.77M. Insiders hold about 10.60% of the company’s shares, while institutions hold 26.13% stake in the company. Shares short for PWFL as of Mar 15, 2024 were 6.16M with a Short Ratio of 11.00, compared to 4.88M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 16.55% and a Short% of Float of 18.92%.
Earnings Estimates
There are 5 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.08 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.14, while EPS last year was $0.08. The consensus estimate for the next quarter is $0, with high estimates of $0.03 and low estimates of -$0.03.
Analysts are recommending an EPS of between $0.12 and -$0.15 for the fiscal current year, implying an average EPS of -$0.01. EPS for the following year is $0.22, with 6 analysts recommending between $0.4 and -$0.16.
Revenue Estimates
A total of 7 analysts believe the company’s revenue will be $45.06M this quarter.It ranges from a high estimate of $68.4M to a low estimate of $32.6M. As of the current estimate, PowerFleet Inc’s year-ago sales were $33.4M, an estimated increase of 34.90% from the year-ago figure.
A total of 7 analysts have provided revenue estimates for PWFL’s current fiscal year. The highest revenue estimate was $284.9M, while the lowest revenue estimate was $245.3M, resulting in an average revenue estimate of $262.32M. In the same quarter a year ago, actual revenue was $133.59M, up 96.40% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $307.4M in the next fiscal year. The high estimate is $329.2M and the low estimate is $282.82M. The average revenue growth estimate for next year is up 17.20% from the average revenue estimate for this year.
