PowerFleet Inc

Company Profile

PowerFleet Inc had its IPO on 1999-06-30 under the ticker symbol PWFL.

The company operates in the Technology sector and Communication Equipment industry. PowerFleet Inc has a staff strength of 795 employees.

Stock update

Shares of PowerFleet Inc opened at $2.25 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2.19 - $2.25, and closed at $2.23.

This is a -0.45% slip from the previous day's closing price.

A total volume of 28,564 shares were traded at the close of the day’s session.

In the last one week, shares of PowerFleet Inc have slipped by -4.7%.

PowerFleet Inc's Key Ratios

PowerFleet Inc has a market cap of $84.79 million, indicating a price to book ratio of 1.0769 and a price to sales ratio of 0.6732.

In the last 12-months PowerFleet Inc’s revenue was $132.29 million with a gross profit of $64.17 million and an EBITDA of $1.04 million. The EBITDA ratio measures PowerFleet Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, PowerFleet Inc’s operating margin was -5.66% while its return on assets stood at -2.13% with a return of equity of -1.51%.

In Q2, PowerFleet Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 7.4%.

PowerFleet Inc’s PE and PEG Ratio

Forward PE

9.3371

Trailing PE

0

PEG

0.7606

Its diluted EPS in the last 12-months stands at $-0.21 per share while it has a forward price to earnings multiple of 9.3371 and a PEG multiple of 0.7606. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into PowerFleet Inc’s profitability.

PowerFleet Inc stock is trading at a EV to sales ratio of 1.1746 and a EV to EBITDA ratio of -93.4658. Its price to sales ratio in the trailing 12-months stood at 0.6732.

PowerFleet Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$217.28 million

Total Liabilities

$44.80 million

Operating Cash Flow

$-2005000.00

Capital Expenditure

$2.01 million

Dividend Payout Ratio

0%

PowerFleet Inc ended 2024 with $217.28 million in total assets and $0 in total liabilities. Its intangible assets were valued at $217.28 million while shareholder equity stood at $144.20 million.

PowerFleet Inc ended 2024 with $4.03 million in deferred long-term liabilities, $44.80 million in other current liabilities, 377000.00 in common stock, $-139648000.00 in retained earnings and $83.49 million in goodwill. Its cash balance stood at $21.73 million and cash and short-term investments were $21.73 million. The company’s total short-term debt was $13,645,000 while long-term debt stood at $9.94 million.

PowerFleet Inc’s total current assets stands at $83.12 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $31.32 million compared to accounts payable of $-24935040000.00 and inventory worth $22.13 million.

In 2024, PowerFleet Inc's operating cash flow was $-2005000.00 while its capital expenditure stood at $2.01 million.

Comparatively, PowerFleet Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$2.23

52-Week High

$3.49

52-Week Low

$1.85

Analyst Target Price

$6.5

PowerFleet Inc stock is currently trading at $2.23 per share. It touched a 52-week high of $3.49 and a 52-week low of $3.49. Analysts tracking the stock have a 12-month average target price of $6.5.

Its 50-day moving average was $2.49 and 200-day moving average was $2.75 The short ratio stood at 1.91 indicating a short percent outstanding of 0%.

Around 855.9% of the company’s stock are held by insiders while 7657.8% are held by institutions.