Powerfleet, Inc. to Post FY2025 Earnings of ($0.03) Per Share, Roth Capital Forecasts (NASDAQ:AIOT)

Powerfleet, Inc. (NASDAQ:AIOT) – Analysts at Roth Capital raised their FY2025 earnings estimates for Powerfleet in a report released on Thursday, October 3rd. Roth Capital analyst S. Searle now anticipates that the company will earn ($0.03) per share for the year, up from their prior forecast of ($0.04). The consensus estimate for Powerfleet’s current full-year earnings is ($0.16) per share.

Separately, Barrington Research restated an “outperform” rating and issued a $10.00 price objective on shares of Powerfleet in a research report on Thursday, October 3rd.

Powerfleet Stock Up 0.4 %

Powerfleet stock opened at $5.02 on Monday. The business’s 50-day moving average is $4.80. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.99 and a current ratio of 1.23. The firm has a market capitalization of $538.90 million, a price-to-earnings ratio of -16.19 and a beta of 1.68. Powerfleet has a 52 week low of $1.64 and a 52 week high of $5.67.

Powerfleet (NASDAQ:AIOT) last announced its quarterly earnings results on Thursday, August 22nd. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.13). The company had revenue of $75.43 million for the quarter, compared to analyst estimates of $71.13 million. Powerfleet had a negative return on equity of 6.61% and a negative net margin of 3.86%.

Powerfleet Company Profile

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.