Powerfleet Inc AIOT

$2.86 +0.16 (5.93%)

Valuation

Market cap
362,410,000
Revenue TTM
$443,780,000
Net income TTM
$-20,550,000
PE ratio
134.50
Forward PE
26.90
Profit margin
-4.63%
Debt to equity
0.48

Trading

Volume
1,720,600
Avg volume
1,488,220
Day's range
$2.67 – $2.88
Shares out
134,226,000
Stochastic %K
96%
Beta
1.40
Analysts
Strong Sell
Price target
$8.80

Price

Company profile

PowerFleet, Inc. provides artificial intelligence-of-things (AIoT) solutions for managing high-value enterprise and mid-market assets in North America, Israel, Africa, Europe, the Middle East, Australia, and internationally. It offers unity solution portfolio, which includes unity platform that enables integration with AIoT devices and third-party business systems to a data highway that powers artificial intelligence...

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PowerFleet, Inc. provides artificial intelligence-of-things (AIoT) solutions for managing high-value enterprise and mid-market assets in North America, Israel, Africa, Europe, the Middle East, Australia, and internationally. It offers unity solution portfolio, which includes unity platform that enables integration with AIoT devices and third-party business systems to a data highway that powers artificial intelligence-driven insights to help customers save lives, time, and money; software as a service based unity modules, which comprises vehicle, video, and in-warehouse IoT for customers to gain visibility and AI-powered insights into their people, assets, and business processes to manage utilization and maintenance, safety, fuel and energy management, and compliance and high-risk incidents; and open application programming interfaces for additional integrations and development to enhance other enterprise management systems and third-party applications. The company also provides hosting, maintenance, and customer support and consulting services; and software as a service, such as system monitoring, help desk technical support, escalation procedure development, routine diagnostic data analysis, and software update services. It offers its products under the Powerfleet, Pointer, Cellocator, MiX by Powerfleet, and Fleet Complete brands. The company markets and sells its wireless solutions to a range of customers in the commercial and government sectors, including construction and heavy equipment, distribution, field services, leasing and car rental, government and public safety, manufacturing and automotive, oil and gas, chemical, transportation and logistics, utilities and telecommunications, and cold chain logistics. The company was formerly known as I.D. Systems, Inc. and changed its name to PowerFleet, Inc. in October 2019. PowerFleet, Inc. was incorporated in 1993 and is headquartered in Woodcliff Lake, New Jersey.

Industry
Software - Application
Sector
Technology
Phone
201 996 9000
Website
https://www.powerfleet.com
Address
123 Tice Boulevard, Suite 101, Woodcliff Lake, United States

Latest news

Stocktwits

BlowinMaBackOut Oct 23, 7:34 PM
$AIOT LFG...is this thing shorted heavily or what?
0 replies
BlowinMaBackOut Oct 22, 8:07 PM
$AIOT in for 100 shares 🎰🎰🎰
1 replies
Riskitforthebiscuitt Oct 20, 6:11 PM
$AIOT This always has a rise up to earnings. Next earnings is Nov 9 I believe. You are getting in near 52 week lows at this price and the longer term growth story has not changed.
0 replies
shockcityrocker Oct 16, 3:37 PM
$AIOT Fair value is significantly higher than this. Fundamentals look good. I listened to the call again, & yes, they said straight out that the cut in guidance and review for this quarter would snap right back in the next.
0 replies
Riskitforthebiscuitt Oct 15, 3:49 PM
$AIOT Alright, the risk/reward at this level is enticing. I jumped back in. Does anyone have updated analyst reports after the guidance cut? Seems like Roth MKM are still way too bullish with a $13 PT, while Craig Hallum is more reasonable with a $6 PT.
0 replies
StudBull Oct 12, 3:26 PM
$AIOT I’m giving these knuckleheads one more ER
0 replies
StudBull Oct 8, 8:53 PM
$AIOT https://www.prnewswire.com/news-releases/leading-glassmaker-encirc-selects-powerfleets-unity-portfolio-to-optimize-on-site-safety-across-its-uk-manufacturing-enterprise-302902700.html
0 replies
LewisDaKat Sep 30, 3:30 PM
$AIOT Powerfleet Unity Recognized for End-to-End AIoT Innovation Across Enterprise Operations https://marketwirenews.com/stock/aiot/news/powerfleet-unity-recognized-for-end-to-end-aiot-inno-7328646634517061.html?utm_source=stocktwits
0 replies