Powerfleet (AIOT) Projected to Post Quarterly Earnings on Tuesday

Powerfleet (NASDAQ:AIOTGet Free Report) is anticipated to issue its quarterly earnings data before the market opens on Tuesday, March 11th. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $103.79 million for the quarter. Powerfleet has set its FY 2025 guidance at EPS.

Powerfleet (NASDAQ:AIOTGet Free Report) last released its earnings results on Monday, February 10th. The company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.13). On average, analysts expect Powerfleet to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Powerfleet Trading Down 1.2 %

NASDAQ:AIOT opened at $5.93 on Monday. The business has a 50 day moving average of $6.62 and a 200 day moving average of $5.99. Powerfleet has a 1-year low of $2.88 and a 1-year high of $8.71. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.02 and a current ratio of 1.21.

Analyst Ratings Changes

A number of research firms recently weighed in on AIOT. William Blair restated an “outperform” rating on shares of Powerfleet in a research report on Thursday, November 21st. Northland Securities lifted their price target on Powerfleet from $10.00 to $11.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 11th. Barrington Research reaffirmed an “outperform” rating and issued a $15.00 price target on shares of Powerfleet in a research note on Thursday, February 13th. Finally, Lake Street Capital boosted their target price on Powerfleet from $7.00 to $11.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th.

Check Out Our Latest Stock Analysis on AIOT

About Powerfleet

(Get Free Report)

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.

See Also

Earnings History for Powerfleet (NASDAQ:AIOT)

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