Powerfleet, Inc. (NASDAQ:AIOT – Free Report) – Analysts at Roth Capital boosted their FY2025 earnings estimates for shares of Powerfleet in a research report issued on Thursday, October 3rd. Roth Capital analyst S. Searle now anticipates that the company will post earnings per share of ($0.03) for the year, up from their prior estimate of ($0.04). The consensus estimate for Powerfleet’s current full-year earnings is ($0.16) per share.
Powerfleet (NASDAQ:AIOT – Get Free Report) last announced its earnings results on Thursday, August 22nd. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.13). Powerfleet had a negative net margin of 3.86% and a negative return on equity of 6.61%. The company had revenue of $75.43 million during the quarter, compared to analyst estimates of $71.13 million.
View Our Latest Stock Analysis on AIOT
Powerfleet Trading Up 0.4 %
NASDAQ:AIOT opened at $5.02 on Monday. The business’s 50 day moving average price is $4.80. Powerfleet has a 12 month low of $1.64 and a 12 month high of $5.67. The stock has a market cap of $538.90 million, a price-to-earnings ratio of -16.19 and a beta of 1.68. The company has a current ratio of 1.23, a quick ratio of 0.99 and a debt-to-equity ratio of 0.29.
About Powerfleet
PowerFleet, Inc provides wireless Internet-of-Things 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.
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