PowerFleet Inc (NASDAQ:AIOT) has a beta value of 83.06% and has seen 1.87 shares traded in the last trading session. The company, currently valued at $601.59M, closed the last trade at $4.73 per share which meant it lost -$5.6 on the day or 4.54% during that session. The AIOT stock price is -84.14% off its 52-week high price of $8.71 and 21.78% above the 52-week low of $3.70. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.21 million shares traded. The 3-month trading volume is 1.73 shares.
PowerFleet Inc (NASDAQ:AIOT) trade information
Sporting 4.54% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the AIOT stock price touched $4.73 or saw a rise of 6.71%. Year-to-date, PowerFleet Inc shares have moved 2.02%, while the 5-day performance has seen it change -4.22%. Over the past 30 days, the shares of PowerFleet Inc (NASDAQ:AIOT) have changed -23.05%. Short interest in the company has seen 12.11 million shares shorted with days to cover at 6.09.
Wall Street analysts have a consensus price target for the stock at $8, which means that the shares’ value could jump 40.87% from current levels. The projected low price target is $8.0 while the price target rests at a high of $8.0. In that case, then, we find that the current price level is -69.13% off the targeted high while a plunge would see the stock gain -69.13% from current levels.
PowerFleet Inc (AIOT) estimates and forecasts
The company’s shares have lost -34.68% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 18.62%.
7 analysts offering their estimates for the company have set an average revenue estimate of 103.18M for the current quarter. 7 have an estimated revenue figure of 104.88M for the next ending quarter. Year-ago sales stood 75.43M and 77.02M respectively for this quarter and the next, and analysts expect sales will grow by 36.79% for the current quarter and 18.62% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 3.75% 1.47% over the past 5 years.
AIOT Dividends
PowerFleet Inc is expected to release its next earnings report on 2025-Jun-16 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
PowerFleet Inc (NASDAQ:AIOT)’s Major holders
Insiders own 6.10% of the company shares, while shares held by institutions stand at 80.74% with a share float percentage of 85.98%. Investors are also buoyed by the number of investors in a company, with PowerFleet Inc having a total of 248.0 institutions that hold shares in the company.
