PowerFleet, Inc. (PWFL)

NASDAQ: PWFL · IEX Real-Time Price · USD
3.08
-0.02 (-0.65%)
Sep 30, 2022 4:00 PM EDT - Market closed
-0.65%
Market Cap 111.46M
Revenue (ttm) 131.42M
Net Income (ttm) -17.91M
Shares Out 36.19M
EPS (ttm) -0.55
PE Ratio n/a
Forward PE 12.12
Dividend n/a
Ex-Dividend Date n/a
Volume 22,789
Open 3.01
Previous Close 3.10
Day's Range 3.01 - 3.14
52-Week Range 2.06 - 7.24
Beta 1.65
Analysts Buy
Price Target 6.25 (+102.9%)
Earnings Date Nov 2, 2022

About PWFL

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 ... [Read more...]

Industry Electronic Equipment, Instruments & Components
Employees 669
Stock Exchange NASDAQ
Ticker Symbol PWFL
Full Company Profile

Financial Performance

In 2021, PowerFleet's revenue was $126.21 million, an increase of 11.11% compared to the previous year's $113.59 million. Losses were -$13.29 million, 47.5% more than in 2020.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for PWFL stock is "Buy." The 12-month stock price forecast is 6.25, which is an increase of 102.92% from the latest price.

Price Target
$6.25
(102.92% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ST Engineering Selects PowerFleet to Enhance Maintenance Repair Operations

Partnership to help further modernize operations at ST Engineering's airframe facility in San Antonio Partnership to help further modernize operations at ST Engineering's airframe facility in San Antonio

3 weeks ago - GlobeNewsWire

PowerFleet Reaches 3,000 Industrial Segment Customers, Fueling 12 Percent Revenue Growth in the First Half of the Yea...

Milestone achievement underscored by innovation and commitment to customers' need to increase safety and reduce costs Milestone achievement underscored by innovation and commitment to customers' need to...

1 month ago - GlobeNewsWire

The North American Chassis Pool Cooperative Expands Partnership with PowerFleet to Use Real-Time Data to Ease Port Co...

The Renewed Relationship Aims to Strengthen NACPC's Smart Technology Offerings The Renewed Relationship Aims to Strengthen NACPC's Smart Technology Offerings

1 month ago - GlobeNewsWire

PowerFleet (PWFL) Q2 Earnings and Revenues Beat Estimates

PowerFleet (PWFL) delivered earnings and revenue surprises of 225% and 0.48%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

PowerFleet Reports 10-Quarter Revenue High and Improved Bottom Line Performance for Second Quarter 2022

WOODCLIFF LAKE, N.J., Aug. 08, 2022 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (Nasdaq: PWFL), a global leader of Internet-of-Things (IoT) solutions that manage enterprise assets for seamless business operati...

1 month ago - GlobeNewsWire

Magen David Adom Expands Partnership with Pointer by PowerFleet Adding 800 More Life-Saving Defibrillators with Smart...

After Initial Deployment Success, New Regions Are Adopting the IOT Technology Solution After Initial Deployment Success, New Regions Are Adopting the IOT Technology Solution

1 month ago - GlobeNewsWire

PowerFleet Adjusts Timing of Second Quarter 2022 Conference Call to Monday, August 8, 2022 at 8:30 a.m. ET

WOODCLIFF LAKE, N.J., July 27, 2022 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (Nasdaq: PWFL), a global leader of Internet-of-Things (IoT) solutions that manage enterprise assets for seamless business operati...

2 months ago - GlobeNewsWire

PowerFleet Sets Second Quarter 2022 Conference Call for Wednesday, August 3, 2022 at 8:30 a.m. ET

WOODCLIFF LAKE, N.J., July 13, 2022 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (Nasdaq: PWFL), a global leader of Internet-of-Things (IoT) solutions that manage enterprise assets for seamless business operati...

2 months ago - GlobeNewsWire

AXA Seguros Selects PowerFleet as a Preferred Technology Partner to Strengthen Their Commercial Fleets Segment

Partnership Aims to Reduce Risk Level of Insurance Provider's Customers While Increasing Productivity Partnership Aims to Reduce Risk Level of Insurance Provider's Customers While Increasing Productivity

2 months ago - GlobeNewsWire

PowerFleet to Host Inaugural Investor Day on Tuesday, June 14 at 11:30 a.m. ET

WOODCLIFF LAKE, N.J., June 09, 2022 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (Nasdaq: PWFL), a global leader of SaaS-based data insight solutions that manage enterprise assets, enabling unification of their...

3 months ago - GlobeNewsWire

PowerFleet (PWFL) Reports Q1 Loss, Tops Revenue Estimates

PowerFleet (PWFL) delivered earnings and revenue surprises of -200% and 3.79%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

PowerFleet Reports First Quarter 2022 Financial Results

Total Revenue up 14% Year-Over-Year to $33.2 Million and High Margin, Recurring and Services Revenue up 7% Year-Over-Year to $18.8 million Total Revenue up 14% Year-Over-Year to $33.2 Million and High M...

4 months ago - GlobeNewsWire

PowerFleet Sets First Quarter 2022 Conference Call for Tuesday, May 10, 2022 at 8:30 a.m. ET

WOODCLIFF LAKE, N.J., April 26, 2022 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (Nasdaq: PWFL), a global leader of SaaS-based data insight solutions that manage enterprise assets for seamless business operati...

5 months ago - GlobeNewsWire

PowerFleet Appoints Software Veteran Jim Zeitunian as Chief Technology Officer

Zeitunian will Lead PowerFleet's Technology Strategy and Execution of SaaS-based Industrial/Fleet and Logistics Solutions Zeitunian will Lead PowerFleet's Technology Strategy and Execution of SaaS-based...

5 months ago - GlobeNewsWire

PowerFleet (PWFL) Reports Q4 Loss, Tops Revenue Estimates

PowerFleet (PWFL) delivered earnings and revenue surprises of 66.67% and 9.47%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

PowerFleet Reports Fourth Quarter and Full Year 2021 Financial Results

Q4 2021 Revenue Up 17% Year-over-Year to $34.4 million, Driving Record Full Year Revenue of $126.2 Million Q4 2021 Revenue Up 17% Year-over-Year to $34.4 million, Driving Record Full Year Revenue of $12...

6 months ago - GlobeNewsWire

PowerFleet Sets Fourth Quarter and Full Year 2021 Conference Call for Wednesday, March 9, 2022 at 8:30 a.m. ET

WOODCLIFF LAKE, N.J., Feb. 23, 2022 (GLOBE NEWSWIRE) -- PowerFleet , Inc. (Nasdaq: PWFL), a global leader of subscription-based wireless solutions that manage enterprise assets for seamless business ope...

7 months ago - GlobeNewsWire

Earnings Preview: PowerFleet (PWFL) Q4 Earnings Expected to Decline

PowerFleet (PWFL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

7 months ago - Zacks Investment Research

Kautex Expands Adoption of PowerFleet Telematics Solution

PowerFleet's Advanced Technology Provides Quick ROI and Helps Improve Safety PowerFleet's Advanced Technology Provides Quick ROI and Helps Improve Safety

7 months ago - GlobeNewsWire

PowerFleet (PWFL) Reports Q3 Loss, Lags Revenue Estimates

PowerFleet (PWFL) delivered earnings and revenue surprises of -120.00% and -12.03%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research

PowerFleet Reports Third Quarter 2021 Financial Results

WOODCLIFF LAKE, N.J., Nov. 04, 2021 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, trac...

10 months ago - GlobeNewsWire

PowerFleet Sets Third Quarter 2021 Conference Call for Thursday, November 4, 2021 at 8:00 a.m. ET

WOODCLIFF LAKE, N.J., Oct. 22, 2021 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, trac...

11 months ago - GlobeNewsWire

Day & Ross Again Selects PowerFleet Telematics for Total U.S. Trailer Visibility

The PowerFleet LV-500 will Provide Enhanced Visibility and Cost-effective Operations The PowerFleet LV-500 will Provide Enhanced Visibility and Cost-effective Operations

1 year ago - GlobeNewsWire

PowerFleet Receives 2021 IoT Evolution Asset Tracking Award

PowerFleet LV-500 and LV-710 Honored for Excellent Innovation in Burgeoning Internet of Things Market Segment PowerFleet LV-500 and LV-710 Honored for Excellent Innovation in Burgeoning Internet of Thin...

1 year ago - GlobeNewsWire

PowerFleet (PWFL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

PowerFleet (PWFL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research