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PowerFleet, Inc. (PWFL)

NASDAQ: PWFL · IEX Real-Time Price · USD
6.23 -0.11 (-1.74%)
Nov 26, 2021 1:00 PM EST - Market closed
Market Cap223.99M
Revenue (ttm)121.21M
Net Income (ttm)-13.70M
Shares Out35.95M
EPS (ttm)-0.41
PE Ration/a
Forward PE26.81
Dividendn/a
Ex-Dividend Daten/a
Volume75,092
Open6.69
Previous Close6.34
Day's Range6.10 - 6.23
52-Week Range6.10 - 9.55
Beta1.78
AnalystsStrong Buy
Price Target10.50 (+68.5%)
Earnings DateNov 4, 2021

About PWFL

PowerFleet, Inc. provides wireless Internet-of-Things and machine-to-machine solutions in the United States, Israel, and internationally. The company offers industrial solutions, such as on-premise or in-facility asset and operator management, monitoring, and visibility for industrial trucks, such as forklifts, man-lifts, tuggers, and ground support equipment at airports. It also provides logistic solutions, including bumper-to-bumper asset management, monitoring, and visibility for heavy trucks, dry-van trailers, refrigerated trailers, shippin...

IndustryElectronic Equipment, Instruments & Components
Employees772
Stock ExchangeNASDAQ
Ticker SymbolPWFL
Full Company Profile

Financial Performance

In 2020, PowerFleet's revenue was $113.59 million, an increase of 38.67% compared to the previous year's $81.92 million. Losses were -$9.01 million, -17.84% less than in 2019.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for PowerFleet stock is "Strong Buy." The 12-month stock price forecast is 10.50, which is an increase of 68.54% from the latest price.

Price Target
$10.50
(68.54% upside)
Analyst Consensus: Strong Buy

News

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?

3 weeks 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...

3 weeks 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...

1 month 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

3 months 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...

3 months 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.

3 months ago - Zacks Investment Research

PowerFleet Sets Second Quarter 2021 Conference Call for Thursday, August 5, 2021 at 8:30 a.m. ET

WOODCLIFF LAKE, N.J., July 21, 2021 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, trac...

4 months ago - GlobeNewsWire

PowerFleet CEO Chris Wolfe Named EY Entrepreneur Of The Year® 2021 New Jersey Award Finalist

Wolfe Recognized as Part of the 35th Class of Unstoppable Entrepreneurs Who Transform New Jersey and Beyond Wolfe Recognized as Part of the 35th Class of Unstoppable Entrepreneurs Who Transform New Jers...

5 months ago - GlobeNewsWire

Mitsubishi Logisnext Americas Launches Advanced PowerFleet® Telematics Solution For North American Market

WOODCLIFF LAKE, N.J., June 01, 2021 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, trac...

5 months ago - GlobeNewsWire

The Israel Police Select Pointer by PowerFleet for Managing Their Fleet of 7,500 Vehicles

The Israel Police Is the Third Rescue Force, following in the Steps of Magen David Adom and The Fire and Rescue Services, to Choose Pointer to Provide Command-and-Control Solution The Israel Police Is t...

6 months ago - GlobeNewsWire

PowerFleet (PWFL) Reports Break-Even Earnings for Q1

PowerFleet (PWFL) delivered earnings and revenue surprises of -100.00% and -3.02%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Recap: PowerFleet Q1 Earnings

Shares of PowerFleet (NASDAQ:PWFL) were unchanged after the company reported Q1 results. Quarterly Results Earnings per share increased 100.00% year over year to ($0.00), which beat the estimate of ($0....

6 months ago - Benzinga

PowerFleet Reports First Quarter 2021 Financial Results

WOODCLIFF LAKE, N.J. , May 05, 2021 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, trac...

6 months ago - GlobeNewsWire

PowerFleet (PWFL) Earnings Expected to Grow: Should You Buy?

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.

6 months ago - Zacks Investment Research

Comasco Selects Cellocator by PowerFleet IoT Solution for Global Crane Parts Visibility

Solution Delivers Real-time Tracing and Inventory Management for Increased Optimization and Cost Savings Solution Delivers Real-time Tracing and Inventory Management for Increased Optimization and Cost ...

7 months ago - GlobeNewsWire

PowerFleet Sets First Quarter 2021 Conference Call for Wednesday, May 5, 2021 at 8:00 a.m. ET

WOODCLIFF LAKE, N.J., April 19, 2021 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tra...

7 months ago - GlobeNewsWire

PowerFleet (PWFL) Q4 Earnings and Revenues Surpass Estimates

PowerFleet (PWFL) delivered earnings and revenue surprises of 350.00% and 0.25%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

PowerFleet Reports Fourth Quarter and Full Year 2020 Financial Results

WOODCLIFF LAKE, N.J., Feb. 25, 2021 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, trac...

9 months ago - GlobeNewsWire

PowerFleet Sets Fourth Quarter and Full Year 2020 Conference Call for Thursday, February 25, 2021 at 8:00 a.m. ET

WOODCLIFF LAKE, N.J., Feb. 09, 2021 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, trac...

9 months ago - GlobeNewsWire

Pointer by PowerFleet® MX and Edenred Announce Strategic Alliance in Mexico

Industry Leaders Join Forces to Offer Comprehensive Solution for Fleet Managers to Optimize and Streamline Operations Industry Leaders Join Forces to Offer Comprehensive Solution for Fleet Managers to O...

9 months ago - GlobeNewsWire

McGuire Transportation Selects PowerFleet® to Optimize Trailer Utilization Across Entire Fleet

PowerFleet LV-300 Delivers Affordable and Reliable Trailer Information Management Solution PowerFleet LV-300 Delivers Affordable and Reliable Trailer Information Management Solution

9 months ago - GlobeNewsWire

Panhandle Transportation Group Selects PowerFleet® to Improve Visibility and Temperature Control

PowerFleet Reefer Solution, LV-400 to be Deployed Across PTG's Entire Fleet PowerFleet Reefer Solution, LV-400 to be Deployed Across PTG's Entire Fleet

9 months ago - GlobeNewsWire

PowerFleet Closes Underwritten Public Offering

WOODCLIFF LAKE, N.J., Feb. 01, 2021 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, trac...

9 months ago - GlobeNewsWire

PowerFleet Announces Pricing of Underwritten Public Offering

WOODCLIFF LAKE, N.J., Jan. 28, 2021 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, trac...

9 months ago - GlobeNewsWire

PowerFleet Announces Proposed Underwritten Public Offering

WOODCLIFF LAKE, N.J., Jan. 27, 2021 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, trac...

9 months ago - GlobeNewsWire