Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $3.8 in the prior trading day, PowerFleet Inc (NASDAQ: AIOT) closed at $3.87, up 1.84%. In other words, the price has increased by $1.84 from its previous closing price. On the day, 1.08 million shares were traded. AIOT stock price reached its highest trading level at $3.98 during the session, while it also had its lowest trading level at $3.79.
Ratios:
Our goal is to gain a better understanding of AIOT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.12. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.54.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 05 ’24 when Lewis Catherine J bought 270,000 shares for $6.82 per share.
Lewis Catherine J sold 187,990 shares of AIOT for $1,265,173 on Dec 06 ’24. The Chief Customer Officer now owns 52,972 shares after completing the transaction at $6.73 per share. On Dec 05 ’24, another insider, Lewis Catherine J, who serves as the Chief Customer Officer of the company, sold 82,010 shares for $7.05 each. As a result, the insider received 578,170 and left with 240,962 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AIOT now has a Market Capitalization of 516424384 and an Enterprise Value of 758752000. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.42 while its Price-to-Book (P/B) ratio in mrq is 1.16. Its current Enterprise Value per Revenue stands at 2.093 whereas that against EBITDA is 13.358.
Stock Price History:
The Beta on a monthly basis for AIOT is 1.27, which has changed by -0.21181262 over the last 52 weeks, in comparison to a change of 0.20799685 over the same period for the S&P500. Over the past 52 weeks, AIOT has reached a high of $8.71, while it has fallen to a 52-week low of $3.70. The 50-Day Moving Average of the stock is -14.08%, while the 200-Day Moving Average is calculated to be -31.36%.
Shares Statistics:
The stock has traded on average 1.93M shares per day over the past 3-months and 1305450 shares per day over the last 10 days, according to various share statistics. A total of 133.32M shares are outstanding, with a floating share count of 123.70M. Insiders hold about 7.30% of the company’s shares, while institutions hold 81.50% stake in the company. Shares short for AIOT as of 1752537600 were 14244511 with a Short Ratio of 7.36, compared to 1749772800 on 12243190. Therefore, it implies a Short% of Shares Outstanding of 14244511 and a Short% of Float of 11.3199994.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The firm’s stock currently is rated by 3.0 analysts. The consensus estimate for the next quarter is $0.05, with high estimates of $0.09 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.39 and $0.06 for the fiscal current year, implying an average EPS of $0.24. EPS for the following year is $0.22, with 1.0 analysts recommending between $0.22 and $0.22.
Revenue Estimates
7 analysts predict $103.18M in revenue for the current quarter. It ranges from a high estimate of $104.05M to a low estimate of $102.2M. As of the current estimate, PowerFleet Inc’s year-ago sales were $75.43MFor the next quarter, 7 analysts are estimating revenue of $104.88M. There is a high estimate of $106.2M for the next quarter, whereas the lowest estimate is $103.97M.
A total of 7 analysts have provided revenue estimates for AIOT’s current fiscal year. The highest revenue estimate was $432.6M, while the lowest revenue estimate was $426.09M, resulting in an average revenue estimate of $430.02M. In the same quarter a year ago, actual revenue was $362.51MBased on 4 analysts’ estimates, the company’s revenue will be $472.61M in the next fiscal year. The high estimate is $479.4M and the low estimate is $466.69M.
