PowerFleet (AIOT) versus Its Competitors Head-To-Head Review

PowerFleet (NASDAQ:AIOT) is one of 953 public companies in the “Software” industry, but how does it weigh in compared to its competitors? We will compare PowerFleet to similar companies based on the strength of its dividends, valuation, earnings, analyst recommendations, risk, profitability and institutional ownership.

Analyst Recommendations

This is a summary of current ratings and target prices for PowerFleet and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
PowerFleet	1	2	3	0	2.33
PowerFleet Competitors	5750	21532	44895	1497	2.57

PowerFleet presently has a consensus target price of $7.40, indicating a potential upside of 154.82%. As a group, “Software” companies have a potential upside of 29.75%. Given PowerFleet’s higher probable upside, research analysts clearly believe PowerFleet is more favorable than its competitors.

Profitability

This table compares PowerFleet and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
PowerFleet	-4.16%	0.48%	0.24%
PowerFleet Competitors	-607.02%	22.93%	-8.85%

Risk and Volatility

PowerFleet has a beta of 1.42, meaning that its stock price is 42% more volatile than the S&P 500. Comparatively, PowerFleet’s competitors have a beta of 1.34, meaning that their average stock price is 34% more volatile than the S&P 500.

Valuation and Earnings

This table compares PowerFleet and its competitors gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
PowerFleet	$443.78 million	-$20.55 million	-20.74
PowerFleet Competitors	$1.92 billion	$387.74 million	108.95

PowerFleet’s competitors have higher revenue and earnings than PowerFleet. PowerFleet is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Institutional & Insider Ownership

73.4% of PowerFleet shares are held by institutional investors. Comparatively, 41.8% of shares of all “Software” companies are held by institutional investors. 5.9% of PowerFleet shares are held by company insiders. Comparatively, 19.9% of shares of all “Software” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Summary

PowerFleet competitors beat PowerFleet on 8 of the 13 factors compared.

About PowerFleet

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. It operates through the following geographical segments: United States, Israel, and Other. The company was founded in 1993 and is headquartered in Woodcliff Lake, NJ.