PowerFleet Inc (AIOT)’s Market Momentum: Closing Strong at 4.65, Up 5.92

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As of close of business last night, PowerFleet Inc’s stock clocked out at $4.65, up 5.92% from its previous closing price of $4.39. In other words, the price has increased by $5.92 from its previous closing price. On the day, 2.88 million shares were traded. AIOT stock price reached its highest trading level at $4.85 during the session, while it also had its lowest trading level at $4.3901.

Ratios:

To gain a deeper understanding of AIOT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 1.07. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.52.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 620509952 and an Enterprise Value of 872198464. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.59 while its Price-to-Book (P/B) ratio in mrq is 1.35. Its current Enterprise Value per Revenue stands at 2.23 whereas that against EBITDA is 11.083.

Stock Price History:

The Beta on a monthly basis for AIOT is 1.26, which has changed by -0.027196646 over the last 52 weeks, in comparison to a change of 0.18157876 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 5.28%, while the 200-Day Moving Average is calculated to be -16.94%.

Shares Statistics:

It appears that AIOT traded 1.99M shares on average per day over the past three months and 2115020 shares per day over the past ten days. A total of 133.44M shares are outstanding, with a floating share count of 123.70M. Insiders hold about 7.30% of the company’s shares, while institutions hold 80.91% stake in the company. Shares short for AIOT as of 1753920000 were 13437057 with a Short Ratio of 6.74, compared to 1751241600 on 14329611. Therefore, it implies a Short% of Shares Outstanding of 13437057 and a Short% of Float of 10.67.

Earnings Estimates

The firm’s stock currently is rated by 2.0 analysts. The consensus estimate for the next quarter is $0.1, with high estimates of $0.13 and low estimates of $0.08.

Analysts are recommending an EPS of between $0.35 and $0.25 for the fiscal current year, implying an average EPS of $0.3. EPS for the following year is $0.38, with 2.0 analysts recommending between $0.56 and $0.21.

Revenue Estimates

In the current quarter, 7 analysts expect revenue to total $105.35M. It ranges from a high estimate of $106.49M to a low estimate of $103.97M. As of the current estimate, PowerFleet Inc’s year-ago sales were $77.02MFor the next quarter, 7 analysts are estimating revenue of $110.85M. There is a high estimate of $113M for the next quarter, whereas the lowest estimate is $110M.

A total of 7 analysts have provided revenue estimates for AIOT’s current fiscal year. The highest revenue estimate was $437.12M, while the lowest revenue estimate was $430.03M, resulting in an average revenue estimate of $432.57M. In the same quarter a year ago, actual revenue was $362.51MBased on 5 analysts’ estimates, the company’s revenue will be $476.02M in the next fiscal year. The high estimate is $480.8M and the low estimate is $472.49M.

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