Previous close | 4.96 |
Open | 4.99 |
Bid | 5.03 x 400 |
Ask | 5.08 x 200 |
Day's range | 4.96 - 5.15 |
52-week range | 1.64 - 5.67 |
Volume | |
Avg. volume | 830,412 |
Market cap | 543.912M |
Beta (5Y monthly) | 1.75 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.25 |
Earnings date | 10 May 2024 - 11 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 8.43 |
Powerfleet, Inc. (Nasdaq: PWFL) today announced that its board of directors has determined to change its fiscal year end to March 31 from December 31, effective immediately. The primary purpose of the change is to align the company's reporting calendar with the April 2, 2024 close of its business combination with MiX Telematics and MiX Telematics's historical March 31 fiscal year end.
The mean of analysts' price targets for PowerFleet (PWFL) points to a 61.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
On April 29, 2024, Private Capital (Trades, Portfolio) Management, a prominent investment firm, executed a significant transaction by acquiring 1,078,936 additional shares of PowerFleet Inc (NASDAQ:PWFL). This move increased the firm's total holdings in PowerFleet to 6,857,125 shares, marking a substantial enhancement in their investment portfolio. The shares were purchased at a price of $4.66, reflecting a strategic addition based on the firm's investment philosophy.