Powerfleet, Inc. (NASDAQ:AIOT – Free Report) – Investment analysts at Roth Capital decreased their FY2025 earnings per share estimates for shares of Powerfleet in a research report issued on Tuesday, February 11th. Roth Capital analyst S. Searle now forecasts that the company will post earnings per share of ($0.33) for the year, down from their previous forecast of ($0.12). The consensus estimate for Powerfleet’s current full-year earnings is ($0.14) per share. Roth Capital also issued estimates for Powerfleet’s Q4 2025 earnings at ($0.01) EPS and FY2026 earnings at $0.18 EPS.
A number of other equities analysts also recently issued reports on the company. Lake Street Capital lifted their price target on Powerfleet from $7.00 to $11.00 and gave the company a “buy” rating in a research note on Tuesday. Barrington Research reiterated an “outperform” rating and set a $15.00 price target on shares of Powerfleet in a research note on Thursday. William Blair reiterated an “outperform” rating on shares of Powerfleet in a research note on Thursday, November 21st. Finally, Northland Securities lifted their target price on shares of Powerfleet from $10.00 to $11.00 and gave the stock an “outperform” rating in a research report on Tuesday.
Powerfleet Trading Up 2.4 %
AIOT stock opened at $8.07 on Friday. The company has a current ratio of 1.71, a quick ratio of 1.51 and a debt-to-equity ratio of 0.25. Powerfleet has a 52-week low of $2.85 and a 52-week high of $8.71. The business has a 50-day simple moving average of $6.47 and a two-hundred day simple moving average of $5.68.
Powerfleet (NASDAQ:AIOT – Get Free Report) last released its quarterly earnings results on Monday, February 10th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.13).
Insiders Place Their Bets
In other Powerfleet news, insider Catherine J. Lewis sold 82,010 shares of Powerfleet stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $7.05, for a total transaction of $578,170.50. Following the transaction, the insider now owns 240,962 shares of the company’s stock, valued at $1,698,782.10. This trade represents a 25.39 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 7.79% of the company’s stock.
Hedge Funds Weigh In On Powerfleet
Hedge funds have recently modified their holdings of the company. AEGON ASSET MANAGEMENT UK Plc bought a new stake in shares of Powerfleet in the 4th quarter worth approximately $11,034,000. Kopion Asset Management LLC bought a new stake in shares of Powerfleet in the 4th quarter worth approximately $7,361,000. Hodges Capital Management Inc. bought a new stake in shares of Powerfleet in the 4th quarter worth approximately $10,982,000. Inspire Investing LLC bought a new stake in shares of Powerfleet in the 4th quarter worth approximately $398,000. Finally, Yarbrough Capital LLC bought a new stake in shares of Powerfleet in the 4th quarter worth approximately $372,000. Institutional investors own 73.40% of the company’s stock.
Powerfleet Company Profile
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.
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