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Market Cap 93.87M P/E - EPS this Y 106.90% Ern Qtrly Grth -
Income -10.32M Forward P/E 9.29 EPS next Y 1,350.00% 50D Avg Chg -14.00%
Sales 133.59M PEG 7.98 EPS past 5Y 48.32% 200D Avg Chg -8.00%
Dividend N/A Price/Book 1.05 EPS next 5Y 30.00% 52W High Chg -35.00%
Recommedations 1.70 Quick Ratio 0.85 Shares Outstanding 107.92M 52W Low Chg 16.00%
Insider Own 4.82% ROA -3.52% Shares Float 33.02M Beta 1.74
Inst Own 27.79% ROE -3.68% Shares Shorted/Prior 827.74K/6.16M Price 2.60
Gross Margin 50.23% Profit Margin -3.86% Avg. Volume 98,814 Target Price 8.43
Oper. Margin -11.43% Earnings Date May 7 Volume 62,235 Change -3.35%
About PowerFleet, Inc.

PowerFleet, Inc. provides wireless Internet-of-Things (IoT) asset management solutions in the United States, Israel, and internationally. The company offers real-time intelligence for organizations to capture IoT data from various types of assets with devices and sensors to increase efficiencies, and improve safety and security, as well as increase their profitability in easy-to-understand reports, dashboards, and real-time alerts; and application programming interfaces for additional integrations and development to boost other enterprise management systems and third-party applications. It also provides hosting, maintenance, and support and consulting services; and Software as a Service, including system monitoring, help desk technical support, escalation procedure development, routine diagnostic data analysis, and software updates services. The company offers its products under the PowerFleet, Pointer, and Cellocator brands. It sells its products to commercial and government sectors in manufacturing, automotive manufacturing, wholesale and retail, food and grocery distribution, pharmaceutical and medical distribution, construction, mining, utilities, heavy industry, homeland security, aerospace and defense, and vehicle rental, logistics, shipping, and freight transportation markets, as well as through indirect sales channels, such as original equipment manufacturers, vehicle importers, distributors, and industrial equipment dealers. The company was formerly known as I.D. Systems, Inc. PowerFleet, Inc. was incorporated in 1993 and is headquartered in Woodcliff Lake, New Jersey.

PowerFleet, Inc. News
04/30/24 Powerfleet Appoints Andrew Martin to Board of Directors
04/16/24 Powerfleet to Host Virtual Analyst and Investor Fireside Chat on April 30, 2024
04/09/24 Millionaire Makers: 3 Stocks Under $10 Set to Skyrocket by 2027
04/09/24 Powerfleet Selected as an Artificial Intelligence Excellence Awards Finalist
04/05/24 POWERFLEET ANNOUNCES RESTATEMENT OF ACCOUNTING TREATMENT OF LEGACY CONVERTIBLE PREFERRED STOCK INSTRUMENT, WHICH HAS NO ADVERSE IMPACT ON PREVIOUSLY REPORTED REVENUE, CASH FLOW OR ADJUSTED EBITDA
04/04/24 Millionaire Blueprint: 3 Game-Changing Stocks You Can’t Ignore
06:00 AM Powerfleet and MiX Telematics Close Business Combination, Creating New Top-Tier Global AIoT SaaS Provider
03/28/24 The Penny Stock A-List: 7 High-Profile Companies on the Verge of Greatness
03/25/24 3 Stocks Under $5 Ready to Outpace the Market
03/13/24 PowerFleet, Inc. (NASDAQ:PWFL) Q4 2023 Earnings Call Transcript
03/12/24 Q4 2023 PowerFleet Inc Earnings Call
03/12/24 PowerFleet (PWFL) Reports Q4 Loss, Tops Revenue Estimates
03/12/24 PowerFleet Inc (PWFL) Reports Strong Earnings Growth and Strategic Progress in Full Year and Q4 ...
03/12/24 Powerfleet Reports Full Year 2023 and Fourth Quarter Financial Results
03/06/24 Penny Powerhouses: 3 Stocks on the Brink of a Windfall
02/28/24 Powerfleet and MiX Telematics Receive Shareholder Approval for Proposed Business Combination
02/27/24 Powerfleet Sets Fourth Quarter and Full Year 2023 Conference Call for Tuesday, March 12, 2024, at 8:30 a.m. ET
02/26/24 3 Tech Penny Stocks That Could Become Tomorrow’s Giants
02/19/24 Strength Seen in REV Group (REVG): Can Its 5.9% Jump Turn into More Strength?
02/10/24 Shareholders in PowerFleet (NASDAQ:PWFL) are in the red if they invested three years ago
PWFL Chatroom

User Image Thestocktraderhubzee Posted - 1 day ago

WATCHLIST MAY 01 2024 $PWFL Barrington Research Maintains Outperform on PowerFleet, Raises Price Target to $10 $SEVN JonesTrading Reiterates Buy on Seven Hills Realty Trust, Maintains $15 Price Target $GFAI EF Hutton Maintains Buy on Guardforce AI Co, Announces $9 Price Target $LLY Cantor Fitzgerald Reiterates Overweight on Eli Lilly and Co, Raises Price Target to $885 $DPZ BTIG Maintains Buy on Domino's Pizza, Raises Price Target to $580

User Image techvested Posted - 04/25/24

$PWFL $RUT $RYLD $RUSS Unfortunately, many good small caps will suffer as ouflows from stocks continues bc yields keep rising.

User Image WAM2BAM Posted - 04/19/24

$OCGN $PWFL I think the market oversold adding

User Image Stock_Titan Posted - 04/16/24

$PWFL Powerfleet to Host Virtual Analyst and Investor Fireside Chat on April 30, 2024 https://www.stocktitan.net/news/PWFL/powerfleet-to-host-virtual-analyst-and-investor-fireside-chat-on-ofic53rjfkrj.html

User Image WAM2BAM Posted - 04/13/24

@Bullzeyewinner ... do you talk out your ass? Based on community reports and review of your activity or content, we have issued a warning against your account. As a result, your message has been deleted and future violations may restrict your ability to engage with other users. Message: $OCGN .. bloody red Friday unless you were in OCGN Lot a good deals out there $TSLA $HIMS $PWFL $SNDL Learn more about our House Rules, which define unacceptable behaviors within the Stocktwits community.

User Image briefingcom Posted - 04/08/24

Gapping Down: $PERI -37.8% $EDAP -4.5% $PWFL -2.5%

User Image DonCorleone77 Posted - 04/05/24

$PWFL 2 of 2 - PowerFleet to restate certain financial statements ....In connection with the restatement, the company expects to voluntarily revise the financial statements for the same periods to make other unrelated and immaterial revisions. This action follows a comprehensive review by the company's management and audit committee. The company is working diligently to finalize the restatement process. The company is committed to completing this process as swiftly as reasonably possible and is well positioned to file the 2023 Form 10-K with the SEC in April 2024.

User Image DonCorleone77 Posted - 04/05/24

$PWFL 1 of 2 - PowerFleet to restate certain financial statements Powerfleet announced its intention to adjust its historical accounting treatment for the redemption premium associated with its Series A convertible preferred stock, which was fully redeemed in connection with the closing of the company's business combination with MiX Telematics Limited on April 2, due to a technical accounting issue. This will result in the restatement of its financial statements for the fiscal years ended December 31, 2021 and 2022, and for each of the interim periods during the 2022 and 2023 fiscal years. The technical accounting issue was identified during the final stages of the preparation for filing of the company's financial statements for the fiscal year ended December 31, 2023 and has been determined by the company to require adjustment to comply with Generally Accepted Accounting Principles....

User Image Stock_Titan Posted - 04/05/24

$PWFL POWERFLEET ANNOUNCES RESTATEMENT OF ACCOUNTING TREATMENT OF LEGACY CONVERTIBLE PREFERRED STOCK INSTRUMENT, WHICH HAS NO ADVERSE IMPACT ON PREVIOUSLY REPORTED REVENUE, CASH FLOW OR ADJUSTED EBITDA https://www.stocktitan.net/news/PWFL/powerfleet-announces-restatement-of-accounting-treatment-of-legacy-9xvfk9tdore1.html

User Image Zall Posted - 4 weeks ago

$PWFL Holy f. Gave up 10% like nothing

User Image dennismccain Posted - 1 month ago

$PWFL We just reached $5.64.

User Image WilkinsRF Posted - 1 month ago

$PWFL the merger with $MIXT closed with ultimate business having scale, strong mgt team and board. Shares up almost 3x from the bottom but has significant upside still. With this market selling off hot air and crypto coins, real assets like steel, nat gas and gold will continue to make new highs

User Image kshonstocks Posted - 1 month ago

$PWFL acting well in the slopfest

User Image jacksparo Posted - 1 month ago

$PWFL From my March 17th email made some money last week and today got more out of it! It is how I trade. Budget and get into different stocks! you can win at three and loss at two you still in winning! you can win in one and loss at two you still can win by taking the gain to average the red ones if they worth the average! It is a budget status team!

User Image MaverikIT Posted - 1 month ago

@net0trader @RonIsWrong @Wigglyick @DonCorleone77 @Im_not_Mr_Lebowski @IsabellaDC @Cash4freedom $PWFL $IOT PowerFleet, Inc. engages in the provision of fleet management solutions for logistics, industrial, and vehicles. It offers wireless Internet of Things and machine to machine solutions for securing, controlling, tracking, and managing enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicle and truck fleets. It operates through the following geographical segments: United States, Israel, and Other.

User Image dennismccain Posted - 1 month ago

$PWFL is on the move again. A rise above $5.64 would be considered significant.

User Image basscat12 Posted - 1 month ago

@dennismccain news out on $PWFL and MIX Telematics completing their deal. Should help BWTFDIK!

User Image dennismccain Posted - 1 month ago

Brokerages are beginning to raise their price targets on $PWFL but they’re still too low. Their price targets should be very close to $13. They’ll eventually get there.

User Image Thestocktraderhubzee Posted - 1 month ago

$PWFL Raymond James Assumes PowerFleet at Outperform, Announces Price Target of $7

User Image Stock_Titan Posted - 1 month ago

$PWFL Powerfleet and MiX Telematics Close Business Combination, Creating New Top-Tier Global AIoT SaaS Provider https://www.stocktitan.net/news/PWFL/powerfleet-and-mi-x-telematics-close-business-combination-creating-d6xh579dow1y.html

User Image DonCorleone77 Posted - 1 month ago

$PWFL PowerFleet assumed with an Outperform at Raymond James Raymond James assumed coverage of PowerFleet last night with an Outperform rating and $7 price target. The analyst likes the long-term set up following the company's "transformative merger" with MiX Telematics. The deal diversifies the combining companies in terms of geographic exposure, end market concentration, and product functionality, the analyst tells investors in a research note. The firm sees the "combined story as being significantly improved" in terms of market cap, float, capital structure, and medium term cost synergy realization.

User Image techvested Posted - 1 month ago

@Meltingflame @Cooco @showmethemoney75 made 40% on last momentum play $PWFL, i'll put in a little bit here while i read the news. why not? pocket money.

User Image dennismccain Posted - 1 month ago

I’ve been posting comments about $PWFL for a couple of weeks now. And as a result, other traders have gotten in on this trade at prices below $4. If that’s you, congrats. Today I’m finally starting a position at prices just above $5. So I’m a little late to the party but it just shows you I’m not front running my ideas for quick profits. It’s not ethical and I simply don’t do it. You see my ideas posted here as I find them. And many traders benefit earlier than I do and actually make more from those ideas than I do. And I’m happy for them. But I’m in this trade now. The pros have a price target of $8. You can see it on the spreadsheet below. To me that seems like a low bar to obtain. My target is much higher at $13. I actually think my number is more accurate but I suppose we’ll see. So I’m looking for better than a double here.

User Image _www_larval_com_ Posted - 1 month ago

$MMAT 9%[22%] $AVTX 9%[-10%] $SRZN -7%[-15%] $FLGC -6%[-12%] $PWFL -6%[-9%] most notable movement within the first minutes of trading.

User Image PaidShill69 Posted - 03/29/24

$LUNR ok, someone said that an offering isn’t generally a bad thing if it’s used for growing the business. Let us check $PWFL 27th January 2021 they did an offering for “general corporate purposes…” Not for survival (like someone said that would be the reason an offering would be bad) Please see that on the day of the offering, the price closed 7% down while the very next day it fell some 28% and closed for the day down 15%. Images in the comments

User Image dennismccain Posted - 03/28/24

$PWFL This stock continues to push higher despite the post market sell off. It closed today at $5.34 or about 36% higher than this comment I posted just two weeks ago.

User Image Fishbanger51 Posted - 03/28/24

$PWFL 5s are better than 4s

User Image RockLangston Posted - 03/25/24

$ESPR $FRGE $PWFL

User Image techvested Posted - 03/25/24

$PWFL short term bearish (on price). the business itself COULD be the real deal but still too early and price moved up too fast. while margins are going up and product development headed right way with SAAS model seeming to gain traction, the revenue growth rate will have to accelerate to support continued stock price appreciation. 10% growth can't support 40% share appreciation. If price dips below $3.85, i may jump back in. For the moment, i'm happy with a 37% gain in 3 weeks, and moving into $SNDL due to stock-specific & macro momentum, and with rare added feature of being a value play (below book), in a growth industry.

User Image techvested Posted - 03/24/24

$RMNI $PWFL I'm out of both as of last week. Rolling over profits into $SNDL.

Analyst Ratings
Barrington Research Outperform Apr 30, 24
Northland Capital Markets Outperform Mar 18, 24
Craig-Hallum Buy Mar 15, 24
Lake Street Buy Mar 13, 24
Canaccord Genuity Buy Mar 13, 24
Barrington Research Outperform Mar 12, 24
Lake Street Buy Dec 28, 23
Barrington Research Outperform Nov 20, 23
Barrington Research Outperform Nov 15, 23
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Frumberg Charles Director Director May 16 Sell 2.24 39,415 88,290 05/18/22
Towe Steven Mark Chief Executive Offi.. Chief Executive Officer Mar 16 Buy 3.15 31,754 100,025 231,754 03/16/22
Brodsky Michael Director Director Mar 15 Buy 3.01 36,000 108,360 226,885 03/16/22